Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Business Economics Expert

Find an article (newspaper, magazine, or online) that shows the use of money as a medium of exchange, a store of value, or a standard of value, or the failure of money to serve in these uses. Use the article to answer the following questions. Write a paragraph (350-500 words)

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.

3. Indicate the source (name of newspaper or magazine), title (newspaper headline or magazine article title), date, and page for the article you have chosen. THIS IS REQUIRED.

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M91408474

Have any Question?


Related Questions in Business Economics

A lottery game has balls numbered 1 through 19 what is the

A lottery game has balls numbered 1 through 19. What is the probability of selecting an even numbered ball or a 9

Describe five changes in the vaiables that will cause

Describe five changes in the vaiables that will cause demand for a product to increase, shifting the demand curve to the right?

Assume that a salesman learned the price elasticity of

Assume that a salesman learned the price elasticity of demand for his products is -2.0. How many percent will increase in the total sales (revenue) if he cuts the price by 10%? Show your calculation process.

Whats wrong with this way of thinking economists claim that

What's wrong with this way of thinking? "Economists claim that when the price of something goes up, producers increase the quantity supplied to the market. But last year, the price of oranges was really high and the supp ...

In a class there are 7 girls and 5 boys the median age of

In a class there are 7 girls and 5 boys. The median age of the 7 girls is 12 and the median age of the 5 boys is 14. Additionally, you know that there are 3 girls with age greater than 14 and 2 boys with age less than 12 ...

Answer in true or false1 in the circular flow model firms

Answer in true or False : 1) In the circular flow model, firms sell the services of factors of production to households 2) If GDP included the value of leisure time, the value of US GDP would most likely increase. 3) GDP ...

The head of retail sales at a large cosmetic company was

The head of retail sales at a large cosmetic company was interested in determining what the best marketing model was for launching a forthcoming new product to ensure high sales. She ran two separate simple linear regres ...

Companies persue closer coordination and collaboration with

Companies persue closer coordination and collaboration with channel suppliers to better address customer needs inorder to 1) Develop human resource management activities that improve the skills , expertise and knowledge ...

Your environmental science professor designs an experiment

Your environmental science professor designs an experiment to see whether students in her class care about recycling. She places a recycling bin and a trash bin at the front of the class and then hands out a piece of pap ...

Consider a machine with exponential reliability model

Consider a machine with exponential reliability model. Assume that the breakdown rate is 1 and the repair rate is 2. Calculate the probability that the machine is up for more than 10 units of time. Calculate the probabil ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As