What is money

3 functions: 1/ Medium of Exchange—promotes economic efficiency by minimizing the time spent in exchanging goods and services Must be easily standardized Must be widely accepted Must be divisible Must be easy to carry Must not deteriorate quickly 2/ Unit of Account—used to measure value in the economy: we measure the value of goods & services in terms of money. 3/ Store of Value— power - used to save purchasing power; most liquid of all assets (that why we want to keep money) but loses value during inflation ...

8p sony_12 25-06-2013 92 9   Download

Những cụm từ "ĐỘC" trong tiếng Anh .Giúp ích cho các bạn trong quá trình dịch Việt - Anh, Anh - Việt hoặc dùng để viết bài luận. It is worth noting that: đáng chú ý là It was not by accident that… không phải tình cờ mà… What is more dangerous, .. nguy hiểm hơn là But frankly speaking, .. thành thật mà nói Place money over and above anything else: xem đồng tiền trên hết mọi thứ Be affected to a greater or less degree: ít nhiều bị ảnh hưởng According to estimation,… theo ước tính,… According to statistics, …...

7p doidieumuonnoi 05-06-2013 171 39   Download

"Customer Relationship Management: The Winning Strategy in a Challenging Economy" As the economic environment continues to fluctuate, many organizations are asking themselves what strategies they can pursue to bring tangible business benefits while taking stock of the economic conditions. In a growth economy, businesses typically work hard to expand their customer base and spend aggressively to stoke the growth engine. When money is tight however, existing customer relationships grow in importance as organizations seek a cost-effective way to nurture business expansion.

14p hoanglong20122012 30-07-2012 119 20   Download

The budget deficit equivalent to total government spending tax minus total government spending revenue.If income tax independently, but depend on the net income, • Why does society need money? • Why do governments wish to influence money supply? • How do financial markets interact with the ‘real’ economy? • What is the relationship between money and interest rates?

11p nhatro75 09-07-2012 68 10   Download

A I am going to do something = Tôi đã quyết định thực hiện điều gì đó, tôi có ý định làm điều đó: A: There’s a film on television tonight. Are you going to watch it? Sẽ có chiếu phim trên truyền hình tối nay đó. Bạn có định xem phim không? B: No, I’m tired. I’m going to have an early night. Không, tôi đang mệt. Tôi sẽ đi ngủ sớm. A: I hear Ruth has won some money. What is she going to do with it? Tôi nghe rằng Ruth vừa mới kiếm được một khoảng tiền....

3p nkt_bibo52 08-03-2012 98 13   Download