How would transactions costs in the economy be affected

Reference no: EM131305546

1. Suppose that debit cards, ATMs, ACH transactions, and other forms of electronic funds transfers did not exist. How would this change the way you shop and pay bills? How would transactions costs in the economy be affected?

2. Are the assets included in M1 more or less liquid than the assets included in M2? Briefly explain.

Reference no: EM131305546

Questions Cloud

What are the stanton and peclet numbers : Predict the variables that are necessary to explain the mass-transfer coefficient for a gas stream flowing over a flat plate and arrange these variables into dimensionless groups.

Which measure of the money supply has grown more rapidly : Define liquidity. Rank the following assets in terms of liquidity, from most to least liquid: money market mutual fund, savings account, corporate stock, dollar bill, house, gold bar, checking account.

Should any other variables have been included : Arrange these variables in dimensionless groups. Should any other variables have been included?

Evaluate how descriptive statistics and charts : Identify one to two research variables from that problem. Identify whether they are qualitative or quantitative and explain your rationale. Is the variable concrete or continuous? Explain your answer.

How would transactions costs in the economy be affected : How would this change the way you shop and pay bills? How would transactions costs in the economy be affected?

What does it mean for payments to be made in kind : What does it mean to say that the coinage had become debased?- Why would government officials need to restore confidence in the coins before people would use them as money?

Plot the demand and supply curves : What is the key difference between a change in price and a change in any other factor affecting demand on the demand curve - Explain the differences between a market economy and a centrally planned economy. Which of the two is better?

Would you agree to engage in a strike : What is the "American dream?" What did this "dream" look like for immigrants coming to the United States after the Civil War was over? Explain which leisure opportunities could be part of the American dream. What part did the anti-immigration sentime..

What is the amount of the impairment : Given the facts provided for GEI in Italy, is the building impaired under IFRSs as of December 31, 2010, and if so, what is the amount of the impairment? Given the facts provided for GEI in Italy, is the building impaired under U.S. GAAP as of Dec..

User Account

All Pages