Money is an economic resource. A. True B. False True or false? Money is money because people say it is money. True or false? When the real economy expands, the demand for money expands. As a result, households hold more cash and the supply of money ...
Now inequality -- economic inequality -- issomething we should all be concerned about, and not just because of those atthe bottom of the social hierarchy, but because individuals and groups withlots of economic inequality do worse ... not just the people at the bottom,everyone. 不平等,经济...
rubber checkA bad check; a check not covered by sufficient funds. A check issued for an amount greater than the account balance is said to bounce, because it is returned to its payee. She had bought the car and paid for it with a rubber check. (This Week Magazine, September, 1949) ...
If the item is not satisfactory, you will get yourmoneyback. 东西不满意,可以退款。 牛津词典 We'll need to raise moremoney(= collect or borrow it) next year. 明年我们需要筹集更多的钱。 牛津词典 Can you lend me somemoneyuntil tomorrow?
The elementary form of value is converted into the total or expanded form of value; in this case direct exchange of products still exists because each product is an equivalent for another. As commodity production grows and social labor is differentiated, the most frequently exchanged commodity ...
Using this approach, one might erroneously conclude that tariff protection is very limited in a country that exempts more than half of all imports from duties. Such a conclusion, however, is not correct, because some items are subject to very high tariffs, and, as those tariff levels increase...
The first thing to understand about “dollarization” is that it is not an untested theory. Panama has been using the dollar for more than 100 years. And Ecuador and El Salvador have been dollarized for more than 20 years. There are also nations that use the euro, as well as many natio...
“Beginner investors often try to over-analyze the market in short-term time horizons and select when to enter and exit their investments,” Mann said. “This is because roughly only eight of the best trading days in the market result in 90% of an average stock index’s return for the ...
The second type of money isfiat money, which does not require backing by a physical commodity. Instead, the value of fiat currencies is set by supply and demand as well as people's faith in its worth. Fiat money developed because gold was a scarce resource, and rapidly growing economies g...
Fiat money is a government-issued currency that is not backed by a commodity such as gold. Fiat money gives central banks greater control over the economy because they can control how much money is printed. Most modern paper currencies, such as the U.S. dollar, are fiat currencies. ...