6) Borrow 7) Waste 8) Owe 9) Lend a) to have enough money to buy something you want b) use money on something you don’t need c) give somebody money that they must return d) get money from somebody that you must return e) keep money for future use f) give money to somebody who you borrowed from g) give/pay money for something h) get money by working i) to need to return money to someone because they have lent money to you Answers: word: 1 2 3 4 5 6 7 8 meaning: H
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Q 1: What is Money Market? What are the important functions performed by it? Ans. A.MEANING OF MONEY MARKET:- A money market is a market for borrowing and lending of short-term funds. It deals in funds and financial instruments having a maturity period of one day to one year. It is a mechanism through which short-term funds are loaned or borrowed and through which a large part of financial transactions of a particular country or of the world are cleared. It is different from stock market. It
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When asked how money makes trade easier‚ to me I think‚ money‚ for the most part‚ does not change its denomination. The value of each bill is printing onto the face of it. When value is established up front‚ there is no need for guesswork or evaluation‚ an individual is automatically aware of the value of money. Trading is only simple‚ if one is not attempting to determine if the values of what they are trading are equal. For example‚ when you want to purchase a car‚ and want to make a trade with
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THE ROLE AND USES OF MONEY The classical economists were of the view that money was discovered to remove the defects of barter. The important functions of money for them were to serve as a medium of exchange and standard of material. They examined in detail the characteristics of a good money material and the forces which operate in determining the value of money. The classical economists were of the view that the volume of output‚ the quantity and quality of the goods to be consumed‚ the volume
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Introduction: Plastic money is the alternative of cash or the standard ’money’. Plastic money is used to refer to the credit cards‚ debit cards that we use to make purchases in our everyday life. Plastic money is much more convenient to carry around as you do not have to carry a huge some of money with you. It is also much safer to carry it along or to travel with it as if it is stolen one can consult the bank whose service you are using and get it blocked hence saving your money from getting stolen
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THE FUNCTION OF MONEY A usual thing in economics is money. When we say that a person has a lot of money‚ we usually mean that he or she is wealthy. By contrast‚ economists use the term “money” in a more specialized way. To an economist‚ money does not refer to all wealth but only to one type of it: money is the stock of assets that can be readily used to make transactions. Roughly speaking‚ the dollars in the hands of the public make up the nation’s stock of money. Money has three purposes:
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The function of money The main functions of money are distinguished among the terms of: a medium of exchange‚ a unit of store value and standard of deferred payments. Money as a Measure of value In money‚ economy values of all commodities are expressed in the terms of money. Money is the means by which we a measure the disparate things which make up the economy. This functions of money makes transactions. Money as a store of value In order to be a medium of exchange‚ money must hold its value
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Name: College: Course: Tutor: Date: Money is an effective motivator at work. Money has always been used as a motivator in substantially many areas of life. It is‚ in fact‚ the most popular incentive that employers use to encourage and enhance performance of their workers. Yet the question of whether money is an effective motivator at work still rises. Speaking of “motivation” this work discusses the interests‚ needs and personal willingness of workers to make
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research regarding the topic of donation money and where it really goes with the Canadian Cancer Society‚ and I have found some information that is quite alarming. The Canadian Cancer Society is stuck in a brutal cycle‚ advertising to make money and spending that money to continue advertising; their purpose is forgotten‚ research money for cancer. You spend over half of the money on ads and programs‚ and this has to end. You spend about 60% of the donation money on programs or advertisements for their
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Jeff Hateley Acct. 652.43 11/19/2014 The Ascent of Money While reading The Ascent of Money I learned that throughout the history of Western civilization‚ there has been a recurrent resentment to finance and financiers. The resentment is created from the idea that those who make their living lending money are somehow freeloading on the “real” economic activities of agriculture and manufacturing. The resentment to finance and financiers has the following three causes: Debtors have tended to outnumber
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