3 The origin and functions of money.(Commentary on the Resolution of Money)(Report)Emery, Jeannine
Economics of Money, Banking, and Financial Markets, 12e (Mishkin)Chapter 3 What Is Money?3.1 Meaning of Money 1) To an economist, ___ is anything that is generally accepted in payment for goods or services or in the repayment of debt.A) wealth B) income C) money D) credit An...
howmoneyiscurrentlymeasured.LearningObjectives3.1Describewhatmoneyis3.2Listandsummarizethefunctionsofmoney3.3Identifydifferenttypesofpaymentsystems3.4CompareandcontrasttheM1andM2moneysuppliesMeaningofMoney(1of2)Money(orthe“moneysupply”):anythingthatisgenerallyacceptedaspaymentforgoodsorservicesorintherepaymentofdebts....
2、al collection of pieces of property that serve to store value. Wealth includes not only money but also other assets. Income: flow of earnings per unit of time (a flow concept,Functions of Money,1. Medium of Exchange: Used to pay for goods and services. Eliminates the trouble of findin...
helping students improve their understanding and prepare for quizzes and tests. Draw-graph exercises encourage students to practice the language of economics. • Learning Resources—Personalized learning aids such as Help Me Solve This problem walkthroughs and Figure Animations provide on-demand help...
D. Father’s Day is only a trick of the businessmen to make money. 15. What was the first reaction of the British publishing towards Father’s Day? A. They thought highly of it and accepted it at once. B. They just accepted it at once without any hesitation. ...
A) I plan to earn a lot of money over the summer.B) Betsy is richshe has a lot of money.C) I hope that I have enough money to buy my lunch today.D) The job with New Company gave me the opportunity to earn more money. D 1) Of money's three functions, the one that ...
1.Recycling can protect the environment,andit can save money, too.回收再利用能保护环境而且能节约资金。 2.people produce power from coal,butit is very dirty and causes acid rain.人们用煤来生产动力,但是这种方法很脏并且...
Chapter 3 ;What is Money: Definitions;What is Money…(cont.);Money: Functions;Evolution of Payments System;What can serve as money?;Classifications of Money;Money supply measures, April 2009;Reliability of Money Data 下载文档 收藏 分享 赏 0...
1.You have to pay for the credit card loans by the end of each month. (✓) 2.Using a credit card to pay is spending free money. (X) 3.lts easy to get a credit card but hard to make ends meet. (✓) 4.lf you suffer from a deficit this month, you simply have to pay ...