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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resort and also as a clearing agent. The Central Bank influences the money supply of a country supplying its currency. The money supply is a policy variable that is controlled by the central bank. Money demand is controlled by us. When a central bank increases the money supply it decreases the value of money which causes inflation this happened in Argentina where the government tried to stimulate growth in the economy by printing money but it had a negative effect and decreased the value of their currency
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richer drugs became more popular amongst the poor and the rich alike. The stock market was booming‚ and Wall Street was filled with a new breed of achievers‚ called yuppies. People were making money and lots of it‚ which prompted a more drug fueled lifestyle. That influx of drugs in the population affected sports in many ways. HIV in the 80s marked the end of what has been called the golden age of promiscuity. The first sign of aids began with California when certain groups of people became
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the importance of money in sports. There is a saying that money makes the world go round. This could not have been truer for the sports industry. Some of the most successful sporting franchises are backed by owners with seemingly unlimited financial resources. Their financial backing has been used to develop the sport and publicise it around the world‚ which results in a successful sport supported by fans worldwide. Therefore‚ it is easily said that money is crucial to sports‚ in several‚ if not
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Success Do sports make athletes smarter or dumber? Stereotypes always put the "jocks" as not so smart popular people‚ but in reality‚ studies have shown that most students who participate in physical activities have greater academic success than most who don’t. There have been many studies to find if the higher physical activity levels are associated with greater academic achievement. The GPA of boys who participated on sports teams was higher compared to those who did not participate on sports. It is
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P1 define personality and how it affects sports performance By Josh Haynes Personality Personality has been of interest to sport physiologists and researchers for a very long time‚ dating back to around the 1800s‚ the reason why it is of such is interest is because they want to find out how personality affects someone when they are doing sport as to what personality makes them better at specific sports compared to other people. But as it is hard to find a direct link from someone’s personality
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high school sports on athletes their families and communities are large. First of all I think there is a lot of pressure from parents when their kids are young to get involved in some sort of sports. For boys it is usually football they are throwing the ball with their dads when they are young and from there they go into a pop Warner league. So by the time they get to school most of these boys know how to play the game already. By playing the game of football in school it teaches boys how to play together
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institutions can affect one’s participation in sport and heath. For example‚ Government; they view sports as a means of creating a “healthy” image and an opportunity to bring relation ties closer with other countries. Hence‚ they organised and created a system whereby sportsman can be recognised and attribute to this cause through it. For example‚ in Singapore‚ Singapore Sports School are brought up to specially cater to develop potential sportsman that could partake in global sports events. Even in
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How are you dealing with your money? Do you think you have your finances under control‚ or are you spending a little more than you should? Well‚ if would like to spend more of your money and you would like to empty your bank account in half of the time‚ then you should follow these steps; buy a classy auto‚ go shopping‚ don’t cook at home‚ and use credit cards more than usual. The surest way to misuse your money is to purchase a brand new expensive car such as Escalade‚ Lexus or Mustang‚ instead
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people would say the way professional sports were played in the 60s seemed exactly the same as it is now. Such as expansion and development and of course‚ the rule change to make the games much more exciting and entertaining to watch and play‚ sports were growing in popularity across the board‚ but the sports weren’t the only thing that was happening in the 60s the Vietnam war and the Civil war was going on also racism was going on at the time to. Sports were a popular thing during the 60s there
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