Already have an account? Get multiple benefits of using own account!
Login in your account..!
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!
The amount of wealth that households and business desire to hold in the form of money balances is called the 'demand for money'.
Individuals and firms have at their command only limited resources in the form of current income and total accumulated assets. They must make choices concerning their allocation and must constantly balance the advantage of holding more of one asset against the disadvantage of holding less of others. The theory of demand for money is one part of the theory of choice in the allocation of these resources.
Why do individuals and businesses hold money? Usually, money held yields no explicit income and by holding money instead of devoting it to some other uses one forgoes income. But, the fact that people do hold money balances suggests that holding money must yield some sort of advantage or provide some sort of service to the individual.
In all these theories, narrow definition of money (i.e. coins, paper money and demand deposits at commercial banks) is preferred and it is assumed that money yields no interest return.
Rate of Growth Every country desires economic growth. A country's economic performance is often judged on the basis of - among other things - the rates of growth it has manage
The greater the number of different goods available in an economy, Question 1 options: a) the less likely it is that a double coincidence of wants will exist, and the less likel
What are the comparative benefit The idea of comparative benefit defines that a nation must specialise in the industries in which it has a comparative advantage. Comparative be
Subsistence theory of wage determination
Calculating interest rates on a yearly basis If the maturity is different from one year, the interest rate is usually recalculated to a corresponding one year rate. For example
Some equipment that costs $1000.00 has a 5-year depreciable life and an estimated $50 salvage value at the end of time. Determine whether to use straight-line or SOYD depreciation.
The weights of a sample of five boxes being sent by FedEx are: 48, 24, 28, 12, and 40. (a) Compute the range. (b) Compute the mean deviation. (c) Compute the standard devi
what reasons limit the bargaining power of trade union in developing countries
explain the terms abnormal profits and normal profits
The circular flow of income in a simple economy where all income is consumed The operation of forces in an economy can be expressed in the form of a circular flow of incomes a
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!
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd