* Function of money * Store of wealth (value) is any form of commodity‚ asset‚ or money that has value and can be stored and retrieved over time. Real estate‚ precious metals‚ gem stones‚ and similar assets can be a store of value. In all of these cases‚ people can exchange these items and hold them for varying periods of time. The value may even rise in storage‚ and sometimes a store of value can be held strategically with the goal of enjoying a rise in value‚ as for example with people who
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The novel The Catcher in the Rye‚ by J.D. Salinger‚ had a huge impact on the media in the past 30 years. Two of the most famous ones are the assassination of John Lennon and the attempt assassination of President Reagan. The assassins of the two men were Mark David Chapman and John Hinckley‚ Jr.‚ respectively. They were obsessed with the character Holden and used the concepts of the book in their reasons of murder‚ or in John Hinckley’s case‚ attempt murder. Mark David Chapman was obsessed with
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bacteria include tuberculosis‚ pneumonia‚ salmonella‚ tetanus and syphilis. Viruses - are extremely small particles made from protein and either DNA or RNA. They are not made up of cells instead they invade the living cells of other organisms and use them to produce many copies of themselves. Viruses are smaller than bacteria and are enclosed in protective coating. This makes it more difficult to kill them. Antibiotics do not kill viruses. Some diseases caused by viruses include common cold‚ influenza
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business Manufacturer financials instruments CDs saving/checking accounts & loans Banks buy money (take deposits) and then resell it at a higher price (making loans/selling securities) so in effect banks manufacture money and their raw material money‚ like selling a used car‚ buy it at a low price clean it up and sell it higher. Liabilities of banks is their source of funds‚ and their assets are the way they use the funds. P 214 Repurchase agreements SOS In its simplest form‚ a repurchase agreement
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trade or business activities if the expenditure is "ordinary and necessary". True False 2. Business activities are distinguished from personal activities in that business activities are motivated by the pursuit of profits. True False 3. The phase "ordinary and necessary" has been defined to mean that an expense must be essential and indispensable to the conduct of a business. True False 4. Reasonable in amount means that expenditures can be exorbitant as long as the activity
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1. If velocity of money is constant; real growth in the output of the economy is between -1.5% and +2.5%; and inflation is between -1% and 2.0%; what is the growth rate of money? Velocity of Money: the rate at which money changes hand. As we know‚ velocity of money is equal to the price multiplied by output divided by money supply. Mathematically‚ If velocity of money is constant‚ then‚ M (P Y) Thus‚ in terms of growth rate
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Money and Power: America and Europe in the 20th Century The international power of the United States in the twentieth century has been grounded in its economic strength. In 1900‚ even before the US had much of an army‚ it was perceived as a power and a future great power. By 1920 it was the supreme financial power in the world‚ having displaced Great Britain during the First World War. By 1945 it was virtually the only financial power‚ most others having been devastated by the Second World War
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ASSIGNMENT ON PESTLE TOOL [pic] BY SACHIN BABAN SHINDE COURSE- MBA (Hospitality Management) STUDENT DATA NUMBER-713520 Tutor – Don Burton ➢ What is the PESTLE tool? PESTLE stands for Political Economic‚ Social‚ Technological‚ Legal and Environmental factors. PESTLE is to find out the businesses current position of any organisation in their external environment. PESTLE can be used as a basis for further planning and strategic management. Kotler (1998) “claims that PEST
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Q 1: What is Money Market? What are the important functions performed by it? Ans. A.MEANING OF MONEY MARKET:- A money market is a market for borrowing and lending of short-term funds. It deals in funds and financial instruments having a maturity period of one day to one year. It is a mechanism through which short-term funds are loaned or borrowed and through which a large part of financial transactions of a particular country or of the world are cleared. It is different from stock market. It
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IMPORTANCE OF MONEY In this topic we will be studying and describing the fundamental role that money plays in facilitating exchange and‚ thereby‚ allowing for specialization. Why Specialization? Then you need to think about it: why money leads to specialization? why an economy needs to use money at all . We may also discuss on the disadvantages of barter. The other thing that need to be focused on is measurement of money. Why we have different type of measurement of money supply? What is the
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