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 Funds are withdrawn directly from your account whenever you make the purchasethat makes the deposits as good as cash in your pocket.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:
What is Quantitative easing Quantitative easing (QE) is an unorthodox monetary policy which since 2009 has been intermittently pursued by Bank of England and US Federal Reserv
Q. Describe Endogenous growth theory? Endogenous growth theory or new growth theory was developed in the 1980s by Paul Romer and others. In neo-classical model, technological p
BOP on Capital Account: BOP on Capital Account shows only export and import of capital and the difference between the two represents a country's capital account balance. C
Assume two individuals, A and B, are considering marriage, and each face the same amount of hours a week to be split between market-labor and home-labor. Assume that A can make $2
1. Kuhn - Tucker Conditions Max 2x + 3y s.t. pxX + pyY ≤ M. x ≥ 0, y ≥ 0 2. Max (8 + x)(8 + y) s.t. pxX + pyY ≤ M. x ≥ 0, y ≥ 0 Utility function 3. U(x, y)
GDP vs GNP in kenya
Despite the economic progress that the U.S. has observed in the past century, the standard of living remains extremely low in many countries. Why are some countries relatively weal
The system where workers concentrate on specialized tasks to make a product is referred to as: A. Coincedence of wants B. Roundabout production C.Freedom of enterprise
During the year, Calabash Clinic made a $50,000 cash payment toward its bank loan which it had previously recorded; $40,000 was for principal, and $10,000 was to pay the full amoun
1. Consider the following game: a) Does either player have a dominant strategy? b) Does either player have a (pure) prudent strategy? c) Does the game have a saddlepo
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