The use of money makes us more efficient because: a. We spend more time trading and more time producing b. People can specialize in what they do well c. With money we borrow less d. Money increases in value over time
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The use of money makes us more efficient because:
a. We spend more time trading and more time producing
b. People can specialize in what they do well
c. With money we borrow less
d. Money increases in value over time
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- The existence of money makes trader easier. How is it that money can also increase the standard of living?imagine that you are a barber in a world without money.Explain why it would be tricky to obtain groceries,clothing, and a place to live?1. What is opportunity cost and how does it affect the decision-making process for business decisions?2. how does opportunity cost affect the decision-making process for personal decisions? Please give a tangible example.3. Explain horizontal and vertical analysis and when you would use one over the other.4. Discuss a money management challenge in a business setting and how you would overcome it.5. Discuss a money management challenge in a personal setting and how you would overcome it.6. Pick a ratio and explain what it is and how it is used.7. What is fundamental analysis and where and when would it apply to a business decision.
- Always use the economic terms, diagrams and concepts we are learning this week to earn full credit. Use the AS AD diagram when answering this discussion question. A person states ... "To be honest, I don't get why the government handed out stimulus checks in 2020 and 2021. The IRS issued three Economic Impact Payments during the coronavirus pandemic for people who were eligible: $1,200 in April 2020 $600 in December 2020/January 2021 $1,400 in March 2021 know that consumers decreased spending a lot because of the economic problems from the recent pandemic economic shock and the consumer confidence decreased a lot and business confidence decreased a lot. But, was the $1.9 trillion stimulus really needed?" Please explain to this person why the government did so by applying the Keynesian perspective. Include an AS AD diagram and an explanation. (Hint: you might first start a AS AD model and have the AS line and AD line create an equilibrium near full employment. Explain and show…What is money, according to Adam Smith? Is it an economic instrument that creates wealth, or inequality? Describe 1 argument and make explicit reference to an idea from The Wealth of nations?1-Increase in the budget deficit shifts the demand for loanable funds to the right. Select one: a. True b. False 2- The demand for liquid cash in the economy is based on _____________ Select one: a. Interest rates & average prices in the economy b. Credit card facility c. All of the above d. ATM machine availability Clear my choice
- Part I: Suppose you are a member of the Texas Legislature and you have to give your recommendation on how to allocate $100 million dollars at the local level. You can only spend it on 5 of the areas listed below. How would you use the money? Make a list of the 5 areas you consider the most important areas and explain why. Put them in order of importance to you and tell your fellow members of the legislature how much money you would allocate to each area. NOTE: You cannot allocate the money equally across all 5 areas. Museums, sports facilities, recycling sites, mental health facilities, sheriff departments, roads, bridges and highways, child protective services, emergency shelters, nursing homes, public transportation, public libraries, tourism development, domestic violence programs, housing programs, parks and wildlife, jails and prisons, beaches and waterways development, drug rehabilitation programs, programs for people with disabilities, animal shelters, regional airports. Start…Need help with economic questions 1. Using a supply and demand diagram for each of the following scenarios, show how the market for money is affected in the long run. Explain your answer. (a) Everyone subscribes to r/WallStreetSilver, and starts investing in silver and gold. (b) Commercial banks raise their mortgage rates, even though the Bank of Canada retains a low Bank Rate. (c) The Bank of Canada prints money and mails $1,000 to every Canadian.Assume that you are the owner of a company. You need money. Evaluate the advantages anddisadvantages of the ways of finding money. Finally, create your combination to find money.In this context, underline the reasons of your combination. In addition to this issue, imaginethat you have started your business and began to earn money. Talk about the ways to usee thismoney.
- Money in Action MONEY AND HAPPINESS Can money really buy happiness? Surely there is some link between money and happiness. But perhaps the better question is how you can transform your hard-earned money into the “good life,” as you define it. Happiness researchers conclude that money can help you find happiness, but only if you have realistic expectations about what money can and cannot do for you. We believe that a little bit more money will make us happier. But the more money you make, the more you want. And research shows that the more you get, the less happy it makes you. Since World War II, inflation-adjusted income has nearly tripled and the size of new homes has more than doubled. Yet polls show that the wealthiest Americans aren’t any happier than those with less money. After basic human needs are met, more money doesn’t seem to add much happiness. For example, a recent poll shows the happiness curve flattens out at an annual income of about $50,000. So…What is the importance of saving? Please write a personal example and a hypothetical example.Need help with economic questions asap 1. Using a supply and demand diagram for each of the following scenarios, show how the market for money is affected in the long run. Explain your answer. (a) Everyone subscribes to r/WallStreetSilver, and starts investing in silver and gold. (b) Commercial banks raise their mortgage rates, even though the Bank of Canada retains a low Bank Rate. (c) The Bank of Canada prints money and mails $1,000 to every Canadian.
