employ fairly standard measures of money that include the volume of currency in circulation and the volume of deposits at any point in time. Inflation and Deflation Inflation – is a sustained increase in the price level of commodities It is an economic disorder‚ which is characterized by spiralling of prices as a result of over issuance of money This occurs when money supply increases faster than the volume of trade in the economy For example‚ when the money in circulation is not properly channelled
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Time is Money means Time = Money Don’t waste your money and don’t waste your time. Think it twice! Is it really true that time = money? What do you think? Some people who are very busy and have tight schedules would say that. They like to be rush because for them‚ Time is Money. Firstly‚ I think the same thing‚ time is money because time is as precious as money. However‚ time is more important than money because how hard we work‚ when we lose our time‚ you cannot get it back‚ how hard we try
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Attitudes toward money Different people possess different viewpoints on money. In general‚ the attitudes toward money are divided into three types based on the relationship between the owner and the money itself. The first type of attitude to money is considering it as a boss. The people having this opinion about money is ones who do nothing but serving money. Planning for every penny going into and out of their wallet really drives them mad‚ and expenses are a big worry for them. They may work
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In addition to its two primary functions of serving as a medium of exchange and as a common measure of value‚ money performs the secondary‚ derivative or subsidiary functions of serving as a standard of deferred payments‚ a store of value and transfer of value. Standard of deferred payments: Money comes into general use as a medium of payments and as a unit of account not only for immediate transactions; it also serves as a standard of deferred payments when obligations to make future payments are
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“It is not money that brings up happiness but what we do and how we do it” 309 Money is most often cited as a crucial material for people to satisfy their needs ranged from the simplest to the most complicated desire. Hence‚ many people spend their whole life seeking for money which offers them utmost happiness and super power. In contrast‚ I honestly believe that it is
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Prof. Khen Enriquez This article will explain the financial concept of time value of money. The overview provides an introduction to the principles at work when money grows in value over time. These principles include future value of money‚ present value of money‚ simple interest and compound interest. In addition‚ other concepts that relate to factors that can impede the growth in value of money over time are explained‚ including risk‚ inflation and accessibility of assets. Basic formulas
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1. Intonation. Its functions. Much has been said about the importance of paying due attention to intonation when studying a foreign language. The process of communication cannot be performed without intonation as it has its own functions in a sentence. These functions are: 1. The constitutive 2. The distinctive (1) Intonation forms sentences. Each sentence consists of one or more intonation groups. An intonation group is a word or a group of words characterized by a certain intonation pattern
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The Basic Law in Finance Time Value of Money We earn money to spend it and we save money to spend it in the future. However‚ for most people spending money in the present time is more desirable since the future is unknown. We can gratify the desire to spend money today rather than in the future by knowing the basic law in finance time value of money. This means that a dollar today is worth more than a dollar at some time in the future. Unfortunately‚ people very often want to buy things
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September 2013 Most startups that raise money do it more than once. A typical trajectory might be (1) to get started with a few tens of thousands from something like Y Combinator or individual angels‚ then (2) raise a few hundred thousand to a few million to build the company‚ and then (3) once the company is clearly succeeding‚ raise one or more later rounds to accelerate growth. Reality can be messier. Some companies raise money twice in phase 2. Others skip phase 1 and go straight to phase
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Money is not a prerequisite for joy Is wealthy country equal to happy country? The answer is definitely not. According to the “Gross National Happiness”(GNH) index‚ economic wellness is only one of the components which contribute the the GNH index. As the happiest nation in the world‚ Bhutan’s Gross National product is just $1400USD per capita‚ but they have the sense the contentment‚ thats why the Kingdom of Bhutan can become the happiest country.Obviously‚ money is not the prerequisite for joy
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