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Money makes exchanges easier because it would be clumsy to send Amazon 100 chickens for a iPad.
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∙ 9y ago
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Why do economics not view capital as money?
because money is just a medium of exchange used to make the buying and selling of goods and services easier.
Why is it possible to make money in the currency exchange market?
Exchange rates are always fluctuating.
How do traders make a profit in the currency exchange market?
my name is reza from Iran to make a profit in the currency exchange we must have 3 things 1 - enough time 2- enough money 3- a good strategy
Why does specialization make trade between countries easier?
When a country is good at making their product they specialize in it, and improve the product to make more money. If another country doesn't have that but specializes in something the other one needs, then they will trade. This is why specialization encourages trade.
Briefly describe the investment process?
A brief description of the investment process is that you allocate a specific sum of money and buy stocks, bonds, or other investment options. You either make money or lose money depending on how your choices do in the market. Most people hire some type of investment adviser.
How does having money make life easier?
Money is a medium of exchange for good and services. What this means is, you can give people money to get them to give you things and do things for you. With the help of other people, life is much easier.
Why do economics not view capital as money?
because money is just a medium of exchange used to make the buying and selling of goods and services easier.
How did Bessemer process make life easier?
It was a cheaper and easier way to make steel.
How does money make the exchange process easier What would shopping be like if money didn't exist?
Without money all transactions would have to be by barter. You would have to have something that the seller wanted every time that you went shopping or you could not buy anything. Mail order and internet shopping would be an impossibility. Banks, checks, and credit cards could not exist.
Why is it possible to make money in the currency exchange market?
Exchange rates are always fluctuating.
Is it possible to make Money in the currency exchange market?
Exchange rates are always fluctuating.
Are there money hacks for potco?
no but you can make easy money in thegrand exchange which is next to varrok.
Can you exchange foreign money at an international airport?
Yes, you can exchange money at an international airport, but there is often a higher fee placed on the exchange. It is often better to go to a bank to make this exchange prior to leaving your country.
How money make life easier and even hard?
If you have a lot of money you dont have to worry, but if you have less money you do have to worry.
How does ATM exchange information?
they give people money and can make people rich
Why do you need currency exchange?
Foreign Currency rates fluctuate based on the market forces of demand and supply. This means the rates can change at any given moment. We need a foreign exchange market to determine a value for each foreign currency and this would make it easier to exchange different currencies for one another.
What is the process of grouping things to make them easier to study?
I think you mean dichotimizing.
