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People often say that the gold standard is unworkable because there is not enough gold in circulation to back up the value of all the cash assets now stored in banks. Did it matter to frontier stores that the American dollar was backed by gold? Was there a backstop holding the financial system together? Considering that local stores and home-grown banks can organically develop and create their own forms of credit, what good is a national currency, or attempts to connect financial markets beyond the immediate area?
Like credit at a frontier store, Bitcoin has no physical presence, but is merely a string of written characters that represent an account balance. What similar problems of the availability of cash and credit might new digital currencies such at Bitcoin solve? If money and financial instruments evolve, what kind of money is best for our society going forward?
Imagine you are the Chief adviser to the Australian Prime Minister. 1) Clearly explain to him the meaning of 'subprime debt'? What are the risks and advantages
Ratios are used for operational activity analysis of an organization. Operational analysis activity is control by evaluating input, process, or output variables
Briefly explain what is meant by the term 'fixed cost' and give an example of a fixed cost the rocking chair company probably faces on a regular basis.
Discuss this viewpoint. Should the farmer estimate his or her expected production of corn and hedge to try to lock in a price for expected production?
What is corporate governance? How does it correlate with business ethics?
How would religious beliefs shape a patient's health care decision making? Provide two examples that would demonstrate this.
Factors affecting product marketing: How can countries use national culture to help them promote major exports - how can an organisation
What were the reasons for carillion running into financial trouble.? What lessons coulb be learn from carillion's collapse.?
What advantages and disadvantages does human judgment have compared to linear models when it comes to making quantitative predictions?
What are common Windows utilities used to maintain Windows? What are the corresponding file name?
What is your experience (either at work, school, or home) in regards to resistance to change?
What are the potential macroeconomic problems caused by large deficits and a large national debt?
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