We live in a world that revolves aroundMoney. We use it to buy or rent our homes, pay for tuition, travel, and communicate using our mobile phones. People also use it to buy a car, have fun, and for hundreds of
What is commodity money?相关知识点: 试题来源: 解析 (1)法定货币是在法律上赋予其强制流通能力的货币。当用它来偿还公、私债务时,债权人不得拒绝。简言之,法定货币即法律规定通用的货币。 在金属货币流通时,因为本位币的名义价值与内在价值相符,国家赋予其无限支付能力,每次支付的数额不受限制,任何人都不能...
Foodstuffs or other objects of small value given as small change cannot be regarded as money unless they are accepted with the definite object of making payments with them. Means of non-commercial payments may be considered as money under the broad definition; if however, their sole use is ...
What is and isn’t money, however – it’s not written in stone. There could be judgement calls. As a result, economists have defined several different measures of the supply of money. The most important of these are the monetary base and the cleve...
What is Money, Anyway? Editor’s Note: This topic is now comprehensively covered in my book, Broken Money. Money is a surprisingly complex subject. People spend their lives seeking money, and in some ways it seems so straightforward, and yet what humanity has defined as money has changed ...
A bank draft, or banker's draft, is a form of check the bank will provide to their customers as a form of payment from the customer's account. Bank drafts immediately remove money from the customer's account, meaning a bank draft will often be honored and not held like a check....
“non-qualified mortgage” designation limits legal protections for lenders, as well, which has kept many from operating in the space. “Lenders aren’t making the same kinds of subprime loans that they did during the run-up to the Great Recession,” says Kilgore. “The biggest reason is ...
通读全文内容可知,本文主要讲述了事物能够带来的幸福是短暂,经历留下来的精神财富才是最重要的;再根据第一段首句,引出文章主题“We have to make certain our limited money is well spent. But what should we spend our money on?”(我们必须确保有限的钱花得值。但是我们应该把钱花在什么地方呢),所以本文...
When governments inject money into the economy, it can reduce the value of the currency relative to what it can buy, prompting producers to demand more cash for the goods they make and sell. Another common cause of inflation is a shortage ofraw materials, which can be caused by heavy deman...
The paradox of thrift says that individuals respond to recessions by saving money, which is the opposite of what the economy needs. It’s worth exploring the difference between being frugal and cheap. Saving it would be the prudent thing from an individual standpoint. But as a whole, it may...