What is particular form of money-medium of exchange

Reference no: EM13698151

Find an article (newspaper, magazine, or online) that shows the use of money. Use the article to answer the following questions.

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.

Reference no: EM13698151

Questions Cloud

What is future worth of a series of equal monthly payments : What is the future worth of a series of equal monthly payments of $5,000 if the series extends over a period of six years at 9% interest compounded?

What was the constant dollar percent increase in gdp : In 1988 the US gross domestic product (GDP) increased to $4.90 trillion at year end, from the 1987 year end level of 4.54 trillion in actual escalated dollar values. In the same year, the consumer price index rose approximately 4%. What was the const..

Determine the projects after-tax net present worth : A corporate expects to receive $34,688 each year for 15 years if a particular project is undertaken. There will be an initial investment of $122,261. The expenses associated with the project are expected to be $7,426 per year.

Best example of public good or quasi-public good : Which of the following is the best example of a public good (or quasi-public good)?

What is particular form of money-medium of exchange : 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..

Government spending both mandatory and discretionary : What are the effects of increasing in government spending both mandatory and discretionary spending on US economy forecast ot grow by 1.5%

What is your annual effective interest rate : What is your monthly interest rate and what is your annual effective interest rate? What is the future worth of a series of equal monthly payments of $5,000 if the series extends over a period of six years at 9% interest compounded? Ryan expects to d..

Watch public television without contributing : Frank was willing to contribute $40 this year to his local public television station. However, after learning that the television station had already met its goal of raising $400,000, he decided not to contribute because he knew he could watch public..

Contrast pure discount bonds with coupon bonds : Compare and contrast pure discount bonds with coupon bonds and provide at least one example of such government or corporate bonds that can be bought and sold by investors. Describe the way interest rates are determined for these bonds by using the ap..

User Account

All Pages