Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Q. What is money and what is not money?
If you are trying to conclude if something is money, basically consider whether it would be accepted in most stores as payment. Then you will realize that bonds, stocks, gold or foreign currency aren't money. These should first be exchanged for the national currency before you can use them for consumption. However In some cases, foreign currency will be money. For instance, in some border towns, currency of the bordering country can be accepted virtually everywhere.
You also realize that a number of bank deposits are money. If you have money in an account in a bank and a debit card then you can pay for service and goods by using the card in most places. Funds are withdrawn directly from your account whenever you make the purchasethat makes the deposits as good as cash in your pocket. Counting deposits as money is also consistent with the concept that money measures how much is available for immediate consumption.
But not all deposits can be counted as money. With most savings accounts, you can't connect the account to a debit card and these deposits must not be counted as money. We also note that what is money has nothing to do with the commodity or token itself:
using the fisher equation what can you infer about expected inflation in canada and in the united states?
discuss four weaknesses of using national income statistics in comparing living standards between two countries
factors that causes the shifts in balance of payments
Summary of the cross model The below list summarizes the cross model and associates it to classical model: Labor Market: Real wages W/P is exogenous in cross model
How price level rises differ from price rises In macroeconomics, it's common to use term "prices" or "price" as short for price level. Expression "prices rise" must be interpre
A mechanical engineer who is anticipating paying for his daughter's college education plans to start depositing money now (year 0) and continue through year 17. If he deposits $ 50
Those economists who believe that monetary policy is more potent than fiscal policy argue that the: A) Responsiveness of money demand to the interest rate is large. B) Responsive
Suppose that the marginal utility of good A is 4 times the marginal utility of good B, but the price of good A is only 2 times the price of good B. Is this point consumer equilibri
Q. Explain function of AS-AD model? The function of AS-AD model is to extend IS-LM model so that we can analyze situations where Y > Y OPT . To achieve this, we should make P e
with the help of a graph, explain factors that may cause a shift in the balance of payments
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd