In simple terms, the compound interest definition is the interest you earn on interest. With a savings account, money market account or CD that earns compound interest, you earn interest on the principal (the initial amount deposited) plus on the interest that accumulates over time. That’s mu...
Marketability:One of the main indicators of liquidity is the asset’s ability to be bought or sold quickly in the market. Assets that have a broad and active market, such as publicly traded stocks or bonds, are considered highly liquid. On the other hand, assets with limited marketability, ...
What is total money demand? Money The part of wealth which is used to facilitate transactions is called money. The primary functions of money are medium of exchange, store of value, unit of account, etc. Answer and Explanation:1 The sum of MT and MA is the total demand for money in th...
In simple terms, a fixed exchange rate is a currency valuation system where a country’s currency is pegged or fixed to another currency, a basket of currencies, or even a precious metal such as gold. This means that the exchange rate between the two currencies remains constant and does not...
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What Is an Atomic Service: What Is an Atomic Service The number of devices per person keeps increasing in the Internet of Eve……
Log In Sign Up Subjects Social sciences What is the relationship between economic productivity and morality?Question:What is the relationship between economic productivity and morality?Factors Affecting Economic Productivity:There are different factors which affect the level of economic productivity. We...
In simple terms, a warehouse line of credit is a revolving line of credit that allows lenders to borrow money to fund mortgage loans, using the loans themselves as collateral. This type of credit provides lenders with the necessary funds to issue mortgages while awaiting the sale of the loans...
Other critiques about the effectiveness of economic stimulus revolve around how people respond to economic incentives.Economistshave argued that consumers and businesses adjust their behavior in ways that offset the stimulus policy. The response to the stimulus will not be a simple multiplier effect but...
Running a surplus is not always an unmixed blessing. Although it may seem wise for a government to save money, those savings mean that the wider economy will not benefit from themultiplier effectof government spending. In addition, those savings could mean less spending on public services. A b...