6) Borrow 7) Waste 8) Owe 9) Lend a) to have enough money to buy something you want b) use money on something you don’t need c) give somebody money that they must return d) get money from somebody that you must return e) keep money for future use f) give money to somebody who you borrowed from g) give/pay money for something h) get money by working i) to need to return money to someone because they have lent money to you Answers: word: 1 2 3 4 5 6 7 8 meaning: H
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THE ROLE AND USES OF MONEY The classical economists were of the view that money was discovered to remove the defects of barter. The important functions of money for them were to serve as a medium of exchange and standard of material. They examined in detail the characteristics of a good money material and the forces which operate in determining the value of money. The classical economists were of the view that the volume of output‚ the quantity and quality of the goods to be consumed‚ the volume
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What makes people work harder? The best answer is‚ no one really knows‚ but there are many theories‚ each of which has some relevance in some situations. Based on the case above‚ we can define that money is a motivator to not only go above and beyond‚ but maintain an increased level of productivity. Therefore‚ in order to increase efficiency and effectiveness of work done‚ managers need to know how to motivate employees by using money. Naturally‚ managers are not interested in every attitude
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Bad money is thrown on donation boxes at churches so that pastors can drive brand new BMWs. Bad money is spent on inefficiently farmed organic food on a continent where people are starving. In conclusion‚ bad money is spent on stupid things that make society no better‚ and most money not spent on immediate needs seems to be a bad money. bad money that you steal for no reason and it gets you no where‚people who go around stealing money should know it all comes back to you at some point. Good money
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Money Market (Money and Banking) What is Money? A financial asset with the following functions: Medium of exchange: An asset that individuals acquire for the purpose of trading rather than for their own consumption. A store of value: Means of holding purchasing power over time A measure of value (unit of account): Measure used to set prices and make economic calculations 2 What is money? Money is anything that serves as a commonly accepted medium of exchange Money and Income
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HAPPY BIRTHDAY‚ GLOBALISATION 1. Identify the policy implications for MNEs who fully believed in the globalization scenario of Professor Levitt? After professor Levitt of Harvard Business School popularised the term globalisation in 1983‚ many MNEs jumped into the global market to practice his widely accepted theories and to imply their policies relevant to his ideas on globalisation. The policies implied were role of technology‚ standarisation of products‚ enormous economies of scale‚
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David Gonzalez 9-23-12‚ Per. 6 “Evils” of Money essay The Evils of Money “Money makes the world go round!” It is a common statement we’ve all heard in our lifetimes. “Benjamins” has become an integral part of our society‚ and with the things one can achieve with it‚ it’s no wonder why so much evil has fostered from it. Since the days of ancient Rome‚ money has had some negative effects on society. It fosters greed in even the most kind-hearted individuals‚ causes them to destroy and obliterate
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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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country’s money supply that results from banks being able to lend. The size of the multiplier effect depends on the percentage of deposits that banks are required to hold as reserves. In other words‚ it is money used to create more money and is calculated by dividing total bank deposits by the reserve requirement. Investopedia explains ’Multiplier Effect’ The multiplier effect depends on the set reserve requirement. So‚ to calculate the impact of the multiplier effect on the money supply‚ we
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To Money Market Content: * Introduction * Meaning * Definitions | INTRODUCTION: The money market is a key component of the financial system as it is the fulcrum of monetary operations conducted by the central bank in its pursuit of monetary policy objectives. It is a market for short-term funds with maturity ranging from overnight to one year and includes financial instruments that are deemed to be close substitutes of money. The money market performs three broad
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