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Economy & Finance Important lessons in economics

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…

Documents THE RISE AND FALL OF MONEY Chapter 2. MONEY AS TECHNOLOGY.

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…

Documents Anything that serves as a medium of exchange, a unit of account, and a store of value What is...

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…

Documents Final notes on Fiscal Policy 1 Which tax and government spending policies achieve desired...

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…

Documents Updates. Demand Functions An algebraic equation representing demand as a function of the price plus....

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:…

Documents Chapter 151 CHAPTER 15 GLOBALIZATON, INTERNATIONAL BANKING, AND FOREIGN-EXCHANGE RISK.

Slide 1 Chapter 151 CHAPTER 15 GLOBALIZATON, INTERNATIONAL BANKING, AND FOREIGN-EXCHANGE RISK Slide 2 Chapter 152 LEARNING OBJECTIVES To understand … Globalization of banking…

Documents Ing. Mansoor Maitah Ph.D. Money. The History of Money The evolution of money has passed through...

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…

Documents Computing Science, University of Aberdeen 1 E-Commerce – customer focus l Transactions, money,...

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…

Documents 1 Money and the Financial System CHAPTER 13 © 2003 South-Western/Thomson Learning.

Slide 1 1 Money and the Financial System CHAPTER 13 © 2003 South-Western/Thomson Learning Slide 2 2 Evolution of Money Without exchange, there was little need for money…