Research Abstract on Infant Mortality Rate

Before one knows the critique to a theory, the theory needs to be understood itself. John Maynard Keynes wrote a book titled, The General Theory of employment, interest and money and here he gave in detail theory of demand for money. The theory postulated by Keynes is basically an extended version of the Cambridge Cash Balance approach. According to him, the demand for money is not the actual money balances held by people but what amount of money balances they want to hold. He believed people were not suffering from money illusion. Keynes said the demand for money depends on three motives. These are: transactions, precautionary and speculative motives.

Money is the life force of all of society. In every aspect, money determines the value of good, services, and even people’s lives. As we breathe air to function, society relies on finances to function. And if society, the unity of humanity, relies on money, than the leaders of society want to limit and control it to withhold their power over humanity. They do this by limiting what can be bought and sold, while also controlling how much different things cost. These limitations allow our leaders to control our money and, through that, our value and influence to society.

In conclusion with the information provided one can make an analysis that the amount of money in a nation’s money supply is crucial to the health of its economy. If there is not enough money in circulation, the economy cannot grow. However, too much money in circulation can also cause serious problems. If we all have too much money, and loans are too easy to obtain, the money itself loses value and inflation results.

When money comes to my mind, the first thing I think of is value. The value of money means so many different things to all people. One may have an excess of money and choose to spend it excessively and carelessly, which makes the one-dollar bill appear worthless to him. However, someone else may need this one-dollar bill to survive. It can buy a can of food or a bottle of water for someone who is homeless or starving. Money is still money; it is worth something

It is simple to contemplate money as dollar bills and quarters, however money is one factor that a community of people can agree on for suggests that of exchange. If enough people in one town are willing to accept donuts as money, then donuts are money to any or all of the people inside the one town. however it's not going to work once someone tries taking donuts and spend them in a town that accepts burritos as currency and not donuts.

Money is considered to be a medium of exchange, a unit of account, and a store of value. Medium of exchange means that money is the intermediary instrument that facilitates the exchange of goods. It is also considered to be a unit of account which means it is something that can be used for value for goods and services, record debts, and make calculations. A unit of account, is divisible, fungible, and countable. Lastly money is classified as a store of value meaning it can be stored away through savings and keep its value for later use. The creation of money occurred because of the complexity of exchange in ancient times. Goods and services were exchanged; however, they were unbalanced. Some valued items or services as higher than others. This flaw in the barter exchange led to the invention of an economic system with money as the focus so there was a set value.

The fundamental monetary issue that emerges on the grounds that individuals have boundless needs yet assets are restricted. On account of lack, various economic decisions must be made to allocate resources efficiently.

In economics, the term currency can refer either to a particular currency, for example the BD, or to the coins and banknotes of a particular currency, which comprise the physical aspects of a nation's money supply. The other part of a nation's money supply consists of money deposited in banks, ownership of which can be transferred by means of cheques or other forms of money transfer. Deposit money and currency are money in the sense that both are acceptable as a means of exchange, but money need not necessarily be currency.

Money supply is the aggregate amount of money in the economy (in its various forms, with varying

Money has different meaning for different level of people. Some see money as food, shelter or a roof on their top, however it means pleasure and enjoyment for wealthy group of society. Money has an essential role in shaping societies, it enables the economy to grow and helps people to have better health and education. Furthermore, money has direct relation to inequality. Inequality acers when the wealth is unevenly distributed within the society, in other words the unequal distribution of resources among the people, such as money, education, time and so on. The relationship between money and inequality could be further explained from the findings of Michael Sandel’s argument, money in the form of debt in china, distribution, exchange and consumption of coffee.

A: All societies have some form of money because it makes economic transactions much more convenient and efficient. The purpose of money can be simplified into two main concepts including unit of account and store of value. Money serves as a unit of account which means

The basic argument to retain is that the interest rate is always relative to the standard in which it is expressed. Fisher then distinguishes the interest rate expressed in terms of money and in terms of other goods. However, he notes that there will be as many interest rates as many kinds of goods that we have. To the question if there is then no absolute standard of value in terms of which real interest should be expressed? Fisher propose the Real income, a composite of consumption goods and services, in other words, a cost of living index affords a practical objective standard. However, he insists that we always have to consider the value in the two periods of time, so that we must translate from money into goods not only in the present, when the money is borrowed, but also in the future, when it is repaid. Fisher focuses more in the money rate because he believes that it is the rate in terms of money with which business men deal and hereafter the rate of interest. He also notes that the money rate and the real rate are normally identical when the purchasing power is constant or stable.

It simply states that the change in money in the system changes the price of goods and services in the system. They assume that the change in velocity of money does not affect the change in the monetary policy and real value of the output in the long run is determined by the productive capacity of the economy. They assume that the primary driver for the change in the price level is the change in the amount of

Finance is more than about the physical amount of money in hand, it is about the money

In Friedman’s monetarist construct of money has two side that is highly active. One of the side is money is being the cause of all failures and asymmetries in the economy (in the short term). The other side is neutral which money is influencing only the price level (in the long term). The nominal quantity of money is determined by its supply. On the other hand, the real volume of the money stock is expressed in the amount of goods and services that can be acquired for a given nominal amount of money and is conditioned by the demand for money, which is directly related to the price level.