Reference no: EM13838651
Find an article (newspaper, magazine, or online) that shows the use of money as a medium of exchange, a store of value, or a standard of value, or the failure of money to serve in these uses. Use the article to answer the following questions. Write a paragraph (350-500 words)
1. What is the particular form of money (M1, M2, etc.) that would be the smallest measure that includes the type of money described in the article? (For example, if the article is about cash, write "M1." Although all other forms of money include cash, M1 is the smallest measure of money that includes cash.) If the article is about money of a different country, use the definitions of M1,M2, etc. as if they applied to the foreign country.
2. Your article shows money performing (or failing to perform) at least one of the following functions: (a) medium of exchange, (b) store of value, or (c) standard of value. Which one of those functions does it show? The event may have occurred in the past, may be expected to occur in the future, or may be a current event.
3. Indicate the source (name of newspaper or magazine), title (newspaper headline or magazine article title), date, and page for the article you have chosen. THIS IS REQUIRED.
|
Planning is critical for successful project management
: Planning is critical for successful project management. Describe the various strategies you would use if you were responsible for managing the Webster University graduation ceremony in the spring.
|
|
What MARR does the investment represent
: A college graduate with a B.S. in Mechanical Engineering expects to earn, on average, $20,000 per year more than an engineer without a B.S. degree. what MARR does the investment represent? Is it a high or low rate of return compared to, say a student..
|
|
Stackelberg and cournot competition
: Apple put on the first smartphone, making them the Stackelberg leader. Samsung, HTC and Sony release their smartphones some time later. Consider the market competition game between these three companies. Characterize the output level for each firm an..
|
|
Calculate the price elasticity of demand of gasoline
: Explain how you would calculate the price elasticity of demand of gasoline? In general terms, explain how consumer and producer surplus will change as a result of this price increase?
|
|
Money performing-medium of exchange-store of value
: Your article shows money performing (or failing to perform) at least one of the following functions: (a) medium of exchange, (b) store of value, or (c) standard of value. What is the particular form of money (M1, M2, etc.) that would be the smallest ..
|
|
Salvage value is expected to original cost for either model
: XBC Inc. is planning to buy a new car. Model A costs $22,000 and is expected to have a life of 4 years. Model B costs $35,000 but it is expected to last 6 years. The salvage value is expected to be 10% of original cost for either model. Using annual ..
|
|
Calculate the present value of annuity with annual deposits
: Calculate the present value of an annuity with annual deposits of $10,000 at 7% for 10 years. Determine the monthly payment to amortize a $250,000 debt at 3% for 30 years.
|
|
What is the capitalized cost of the marina
: An investor is considering the construction of a new marina on the Detroit river at a cost of $68m. M&O costs will average $80,000 per year for the first five years, and rise to $100,000 per year thereafter. A major overhaul costing $12m will be requ..
|
|
Equilibrium wage rate in the teen labor market
: The state if Arizona decided to boost its own minimum wage rate by $1.60/hr.This pushed the wage rate earned by Arizona teenagers above the equilibrium wage rate in the teen labor market. What is the predicted effect of this action by Arizona’s gover..
|