„The Government should spend more money on providing free leisure facilities for teenagers” I belive some teenagers nowadays don’t get enough attention. Their parents have long working hours and have some other problems in their everyday life. They don’t take time to talk with their children so they don’t really know what is happening with them. After school these youngsters have nothing to do. They hang out in gangs and they start committing crimes while their parents think they are at home.
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In addition to its two primary functions of serving as a medium of exchange and as a common measure of value‚ money performs the secondary‚ derivative or subsidiary functions of serving as a standard of deferred payments‚ a store of value and transfer of value. Standard of deferred payments: Money comes into general use as a medium of payments and as a unit of account not only for immediate transactions; it also serves as a standard of deferred payments when obligations to make future payments are
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impact of inflation on the functions of money Money refers to any commodity which functions as medium of exchange or the settlement of a debt. In a modern economy bank notes and coins clearly form part of the money supply as they are acceptable in the settlement of all transactions. Moreover some transactions are settled by cheques drawn on bank deposits in current accounts (also known as sight or demand deposits). Thus current account deposits also form part of money supply. Deposits accounts with
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understandable when some people believe that the government has a duty to provide art to its citizens. However‚ many other people feel that the government money spent on art is wasted‚ particularly when there are so many others demands on it. This essay will look at the arguments and examine whether governments should spend money on art. There are several reasons why governments should spend money on art. First of all‚ art is a very important part a nation’s culture. We need to remember our own poems
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Pocket Money is not just representing how much money that teenagers’ get; it also represents teenagers’ buying tendency‚ marketing size of teenagers‚ their finance method and possible reasons of stress because of financial problem. It’s worth to make a statistic on the topic teenager’s pocket money‚ for the reference of further studies on social research. In this report‚ the following data would be collected and analyzed. Firstly‚ we want to compare the pocket money teenagers how to spend their
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National Aeronautics and Space Administration(NASA)‚ do they have too much or not enough money? NASA has been around for 58 years‚ each year after the space race the budget gets cut every year. Supporters are saying that NASA needs more money in order to make better advancements along with discoveries. Critics say that NASA has too much money and isn’t spending it wisely. Either way‚ NASA has made many discoveries along with advancements‚ helping the people on earth‚ exploring space‚ along with making
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Explain how inflation affects the functions of money. Inflation is the general increase in the price level over a period of time. Money is something that is generally acceptable in the exchange of goods and services. When inflation occurs‚ the value of money decreases as the same amount of money can’t buy the same amount of products like before. The purchasing power of money decreases. If the inflation rate is high and unanticipated‚ lots of problems can occur. People can lose confidence in
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Do young people spend their money wisely? Today young people spend their money foolishly because of circumstances and pressure from friends and other young people. No matter how much money young people have‚ they often use that money on shopping. This is very normal today because living a young life is very expensive. For example‚ we need money to buy clothes and in high school or college young people often wear expensive clothes which have great style and name brands: Tommy Hilfiger‚ Nike‚ Reebok
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Teotihuacan: Political: Power not concentrated in the hands of a single ruler. The rapid growth in urban population initially resulted from a series of volcanic eruptions that disrupted agriculture. The elite used the cities growing labor resources to bring marginal lands into production. Members of the elite controlled the state bureaucracy‚ tax collection‚ and commerce. Economy: More than 2 % of the urban population was engaged in making obsidian tools More than 2/3 of the city’s
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Modern living often leaves us with more money than time. Add the Internet‚ advertisements and peer pressure‚ and we end up with a lot of young people who have difficulty distinguishing between needs and desires. Of course‚ they have the ability to understand money matters‚ but they still need guidelines. Even if it seems like they are growing up faster than any other generation before them‚ teenagers are still developing the basic attitudes and perceptions that will form the basis for life-long
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