User Account

All Pages

System of using the rai stones

Assignment Help Business Economics
Reference no: EM132337114

Question

1) According to the definition of money and its functions, what strengths and weaknesses are there with the system of using the Rai stones as money?

2 ) Imagine that a giant tsunami came in and swept some of the Rai stones away into the ocean. What would be the immediate on the "market for Rai" ( the market on Yap)? What would happen to prices on Yap? Why?

Reference no: EM132337114

Questions Cloud

High rate of employee turnover at all positions : Local restaurant experienced a high rate of employee turnover at all positions: from entry-level and server jobs, all the way up to shift supervisor and area
How you would address diversity in your future classroom : Reflect upon the role that language, culture, and diversity will have in your future classroom. Reflect on how you would address diversity in your future.
Contrast liability in tort with contractual liability : ASPECTS OF CONTRACT AND NEGLIGENCE FOR BUSINESS – HND BUSINESS ASSIGNMENT REPORT-Contrast liability in tort with contractual liability.
How would you use regular expressions in data visualizations : Many data science, analyst, and technology professionals have encountered regular expressions at some point. This esoteric, miniature language is used.
System of using the rai stones : According to the definition of money and its functions, what strengths and weaknesses are there with the system of using the Rai stones as money?
How suitable chart type choice are to display the data : How suitable do you think the chart type choice(s) are to display the data? If they are not, what do you think they should have been?
Professional sports team to be a profit maximizer : (a) Would you consider a professional sports team to be a profit maximizer? Please explain.
How to use documentation to monitor student progress : Analysis of how to use documentation to monitor student progress and use data to differentiate instruction for all students. Hypothetical implementation.
Describe the differentiated instruction strategies : Provide a list of at least two differentiated instruction strategies and two instructional technologies to overcome those barriers specific to this unit plan.

Reviews

Write a Review

Business Economics Questions & Answers

  When you take money out of a savings account

If M1 goes down when you take money out of your checking account, why doesn't M2 change when you take money out of a savings account.

  Calculate current GDP and potential GDP

Given that the US economy production function (to calculate current GDP  and potential GDP) is : GDP = Y= F(K,L,N) = 0.04K+0.03L+0.03N. The current GDP is produced with K=200, L=100, and N=100, the full employment GDP (potential GDP) can be potential..

  What is the expected return for this investment

A firm is considering a capital investment. The risk premium is 0.04, and it is considered to be constant through time. Riskless investments may now be purchased to yield 0.06 (6%). If the project’s beta (?) is 1.5, what is the expected return for th..

  Government increases spending and raises taxes

Suppose the government increases spending by $30 billion and raises taxes at by $20 billion at the same time. Then, interest rates will most likely stay the same.

  Each month in an account with an interest rate

An engineer deposits $1,350 each month in an account with an interest rate of 6.18% per year compounded semi annually. How much money can he expect after 12 years?

  When equity and property prices collapse

When equity and property prices collapse (bust), bank balance sheets are impaired because:

  What is the zero profit theorem

What is the Zero profit Theorem? Explain briefly. Suppose a grocer in a growing neighborhood comes to enjoy large eco nomic profit by virtue of his special location, which is not available to competing stores. If no new firm can locate nearby, it wou..

  By how shift aggregate demand increase government purchases

Assume re is a multiplier effect and that total crowding-out effect is $6 billion. An increase in government purchases of $10 billion will shift aggregate demand to left or right by how much.

  Revolving credit arrangement

A bank offers your firm a revolving credit arrangement for up to $50 million at an interest rate of 1.25 percent per quarter. The bank also requires you

  Divided between capital expenditures and labor

A company has 6800 dollars to invest, which must be divided between capital expenditures and labor. Each unit of labor costs the company 10 dollars, and each unit of capital costs 10 dollars. Therefore 10L+40K=6800, where L and K are the units of lab..

  Consumer-consumer maximum valuation

Suppose you are given the following information by your company's Office of Institutional Research from the last survey focus group:

  Economy is producing below the potential level of output

Suppose the economy is producing below the potential level of output. If the Fed decided to use open market operations (OMOs) to bring about production at the potential level of output, will they buy or sell government securities? Illustrate your ans..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd