1. Some contemporary OPINION’S become FACTS in future. When we form an opinion we all hope it will become a fact, which is why we invest based on our OPINION. Why do some…
Slide 1THE RISE AND FALL OF MONEY Chapter 2 Slide 2 MONEY AS TECHNOLOGY Slide 3 Specialization and Exchange In a varied economy, producers will specialize in production of…
Slide 1 Slide 2 Anything that serves as a medium of exchange, a unit of account, and a store of value What is Money?Money Slide 3 Slide 4 STAGES IN THE EVOLUTION OF MONEY…
Slide 1 Final notes on Fiscal Policy 1 Which tax and government spending policies achieve desired equilibrium levels of national income? Given a desired level of Y, be able…
Slide 1 Updates Slide 2 Demand Functions An algebraic equation representing demand as a function of the price plus consumer income levels and other factors Example: Linear:…
Slide 1 Ing. Mansoor Maitah Ph.D. Money Slide 2 The History of Money The evolution of money has passed through various stages: Barter Money - Trade without money, directly…
Slide 1 Computing Science, University of Aberdeen 1 E-Commerce – customer focus l Transactions, money, trust l Attracting and keeping customers »Key issue: trust, security…