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Determine the Economic functions of money
There are three functions of economics of money
- A medium of exchange.
- A unit of account
- Store of value.
1. Calculate the duration of a par value bond with a coupon rate of 8% and a remaining time to maturity of 5 years. 2. On September 26, the spot price of gold was $320 per ounc
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explain any two factors that cause the shifts in the balance of payments curve.
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Why is GNP C+ I + G + (X- M)+ NR + NP. What is relationship between X - M and NR + NP
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