Economics & The Economy Articles - Page 10 — Knoji
Airfare Daily Deals eCigarettes Eyeglasses Hotels Jewelry Online Backup Online Dating Online Printing Online Tickets Skin Care Textbook Rentals Vitamins Web Hosting Weddings
Find thousands of shopping-related forums
SEARCH
Q&A
Get true answers from experts in Economics & The Economy.
Cambridge Equation or cash balance approach There are two main lines of approach to the problem of relationship between the quantity of money and its value (or the price-level). This has given rise to two types of quantity theories. One is the Quantity Theory of Money proper, called the transactions type theory and which is represented by Fisher's Equation.
Published by Gazu Lakhotia 75 months ago in Economics & The Economy | +0 votes | 0 comments
Fisher's Equation of Exchange Fisher, who developed the theory, tried to put it in the form of the following algebraic equation of exchange:
Published by Gazu Lakhotia 75 months ago in Economics & The Economy | +0 votes | 0 comments
The quantity theory of money The quantity theory of money seeks to explain the value of money in terms of changes in its quantity. Stated in its simplest form, the quantity theory of money says that the value of money varies inversely as its quantity.
Published by Gazu Lakhotia 75 months ago in Economics & The Economy | +2 votes | 1 comments
Disadvantages of Paper Money 1. Paper money is of no importance outside the nation of issue. Silver as well as gold coins are acknowledged even by outsiders, as they have got some fundamental worth.
Published by Gazu Lakhotia 75 months ago in Economics & The Economy | +1 votes | 0 comments
Advantages of paper money Different types of paper money By paper money is meant the paper currency notes as well as the cheques, where they are generally accepted. In our country, paper money consists of currency notes only. But in advanced countries like the U.K. and the U.S.A., where cheques freely circulate from hand to hand, cheques are also included in paper money.
Published by Gazu Lakhotia 75 months ago in Economics & The Economy | +1 votes | 0 comments
System of money By the system of money, we refer to all the arrangements, rules, regulations and practices which govern the issue of coins, currencies and paper notes of all types. There are several standards, and each, has got rules of its own relating to the issue, control and management of the medium of exchange.
Published by Gazu Lakhotia 75 months ago in Economics & The Economy | +2 votes | 2 comments
Different methods of note issues There was at one time a controversy whether notes should be issued on the currency principle (i.e., 100 per cent reserve) or banking principle, leaving the question of paper currency reserve entirely to the discretion of the banks of issue.
Published by Gazu Lakhotia 75 months ago in Economics & The Economy | +1 votes | 0 comments
Dangers of Money Demerits of money Money is not, on the other hand, a pure blessing. Money is a excellent servant but a dreadful master.
Published by Gazu Lakhotia 75 months ago in Economics & The Economy | +0 votes | 0 comments
Usefulness and Importance of Money Money is of immense advantage both to the consumers and to the producers. The inconveniences of barter, viz., lack of double coincidence, lack of division and lack of common measure of value are well known. In the absence of money, exchanges must have been few and far between and entailed a great waste of time and energy. As a matter of fact, exchange without money is unthinkable.
Published by Gazu Lakhotia 75 months ago in Economics & The Economy | +3 votes | 1 comments
Primary Functions of money The following are the primary functions of money which it has to perform: — 1. Medium of Exchange. Under the barter economy, people felt many difficulties and inconveniences. Money has solved all these difficulties. There is no necessity for a double coincidence of wants in a money economy. Money serves as a very convenient medium of exchange.
Published by Gazu Lakhotia 75 months ago in Economics & The Economy | +1 votes | 1 comments
State Control of Investment In recent years, the economists have been advocating something farther than direct public investments for the purpose of counteracting business fluctuations. They urge that private investment should also be effectively controlled by the State for the same purpose. Control of private investment in certain countries dates from the thirties when it was adopted as an emergency measure.
Published by Gazu Lakhotia 75 months ago in Economics & The Economy | +0 votes | 0 comments
Monetary Policy vs. Fiscal Policy Monetary Policy A country must always prepare and pursue a suitable monetary policy to evade the incidence of booms as well as slumps. If they still come about, monetary weapon must be wielded to mitigate their severity and also to restore economic stability as early as possible.
Published by Gazu Lakhotia 75 months ago in Economics & The Economy | +0 votes | 0 comments
1 2 3 4 5 6 7 8 9 10 >>