AP Economics -- Exchange Rates Quiz -- Do Not Write On This Booklet!!! 1. U.S. export transactions create: A) a U.S. demand for foreign monies and the satisfaction of this demand decreases the supplies of dollars held by foreign banks. B) a U.S. demand for foreign monies and the satisfaction of this demand increases the supplies of dollars held by foreign banks. C) a foreign demand for dollars and the satisfaction of this demand decreases the supplies of foreign monies held by U.S. banks. D) a foreign
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Prepared by Prokopova Kateryna‚ Int Inf 1‚ group 2 DEPARTMENT STORE When we want to buy something‚ we go shopping. There are many kinds of shops in every town or city. Most people prefer to do their shopping at big department stores and supermarkets. Department stores offer a wide range of articles under one roof. Therefore‚ a customer can purchase all his requirements from a particular place. As a result‚ the time and labour of customers are saved because they need not go from shop to shop for
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Medium of Music Tone is the medium of music and refers to the sound that travels through air and reaches the audience. It is produced by an instrument or by the voice and has 4 qualities: * Timbre * Pitch * Duration * Intensity Timbre (also called tone color or tone quality) is the distinctive quality of a tone. Pitch refers to the highness and lowness of a tone. The vibrations and sound-producing material determine the pitch of a tone : the slower the vibration‚ the slower
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function of money The main functions of money are distinguished among the terms of: a medium of exchange‚ a unit of store value and standard of deferred payments. Money as a Measure of value In money‚ economy values of all commodities are expressed in the terms of money. Money is the means by which we a measure the disparate things which make up the economy. This functions of money makes transactions. Money as a store of value In order to be a medium of exchange‚ money must hold its value over
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Trip to the Store: Profile Essay I am at one of the biggest super markets in Modesto‚ WinCo Foods. This store is one of the cleanest‚ organized‚ and best customer services I see ever since it first opened up several years ago. I go to the store twice every week. Every time I go inside‚ I am greeted by one of the employees standing by the sliding glass door. He smiles and says “Welcome to Winco‚ how is your day?” he sounds as if he’s a real good friend of mine who I known for years. Anyway‚ I go
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THE 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
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serve as money? Consider each as (1) a medium of exchange‚ (2) a unit of account‚ and (3) a store of value. a. Visa credit card It is not money because it fails the store of value test. b. Federal Reserve note Yes it can serve as money. c. Dog No‚ it cannot be used. d. Beer mug No‚ it cannot be used. 4. What backs the US dollar? Include the distinction between commodity money and fiat money in your answer. Commodity money is anything that serves as money while having market value in other
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around us is an extension of ourselves‚ or‚ in other words‚ any medium is an extension of a human body or mind or senses. For an instance‚ the hammer is an extension of a human’s arm‚ the wheel is an extension of a human’s leg‚ and the medium of a language helps us to put our thoughts and emotions into words. According to this‚ things around us would not be the medium unless it does its function. Like‚ an electric light itself is a medium without the message‚ pure information‚ unless we use it in a
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A Brief Account of the Multi-Store Model of Memory And its Strengths and Weaknesses Atkinson and Shiffrin (1968) proposed that the memory system could be explained in terms of 3 specific stores. This was the sensory memory that holds information from our 5 senses for a very short period of time unless given attention‚ short-term memory (STM) which has a limited capacity and short duration unless verbally rehearsed‚ and the long-term memory (LTM) which has a potentially unlimited capacity and
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Since the Industrial Revolution of the 19th century‚ the function of fashion as a medium of communication is becoming of a new significance for modern society. Introduction. Clothing has always had place in society. Ever since the primitive society people were dressing for variety of reasons: at first‚ simply to cover naked parts of human bodies‚ to protect one from bitter frost or extreme heat; centuries later--to become an indicator of one’s well-being and social position‚ a sign of royalty and
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