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When economists say that money is a store of value does it mean that money can be used to measure the value of other commodities?
Money has three functions, being a: 1) store of value; 2) unit of account; 3) medium of exchange. The first, a store of value, implies that money maintains and stores its value over time - unlike many other mediums of exchange, which can depreciate. Money is intended to be storeable, retrievable, and reuseable as a medium of exchange itself. Therefore, being a store of value does not mean that money can be used to measure the value of other commodities - that is its third function, medium of exchange.
Will coins hold their value better than paper money?
I would say yes. When has paper money ever held it's value?
What is a disadvantage of coins?
They weigh more than paper money so they are more difficult to carry around. They cost more to make relative to their face value than paper money relative to its face value ....... If you throw a coin at someone they will say "ouch" when it hits them, if you throw paper money at someone they will say "thanks dude"
Which of the following groups benefits from unanticipated inflation?
It depends on the situation. Say I put $10,000 in a savings account at 2.5% a year. The expected rate of inflation is 2% so my money is gaining value. However if there's say 3% my money is losing value and the bank benefits because they're paying under the inflation rate.
What does a rate of return of negative 100 mean?
A negative rate of return means that you lost money on the account. The value of your account decreased by that rate. It's not clear how that relates to your equity, which you say increased. As far as how you lost money, I can't say without seeing yourbalance sheet.
When economists say that money is a store of value does it mean that money can be used to measure the value of other commodities?
Money has three functions, being a: 1) store of value; 2) unit of account; 3) medium of exchange. The first, a store of value, implies that money maintains and stores its value over time - unlike many other mediums of exchange, which can depreciate. Money is intended to be storeable, retrievable, and reuseable as a medium of exchange itself. Therefore, being a store of value does not mean that money can be used to measure the value of other commodities - that is its third function, medium of exchange.
Why does flat money have value?
Because governments say it does.
Will coins hold their value better than paper money?
I would say yes. When has paper money ever held it's value?
Why does it rain money in modern warfare 2 when you die?
Most games have subliminal features, just like the blood being replaced with money in CoDMW2. Some say that the money only comes out if you have a killstreak and some say that Infinity Ward put it in the game to imply that they make lots of money from selling copies of the game. Hope that helps you out a little.
What is a good value for money for a stunt scooter?
like say $150 to $250
Is't okay to say i miss you to someone who is married?
Yes, but it depends how you say it. If you imply I miss you because I love you then no. If you imply I miss your friendship or I miss having you around as a friend then that's fine.
How much money are Xbox360's?
i would have to say around 300$ at gamestop.com or the store gamestop
Different values of money are called?
There are many different names for the value of money. A lot of people call money currency and say compare it by it's exchange rate.
What is the best store to buy a guys ring?
the best store to buy a guy's ring is the store that gets you the greatest value for your money. that being said, i can't say that one store is better than another. i can only recommend that you shop around. keeping in mind the money you're willing to spend, go to various stores and see what it will get you. don't be afraid to try a pawn shop or other second hand shop. you can often get quite nice rings there and for a very reasonable price.
Why does the us say that they are in debt even if they can print money?
If they simply print more money, it will reduce the value of the U.S. dollar. This is called inflation. This inflation would counteract the added value of the newly printed money, so there would be no net gain.
What is a palindrome used to say time for lunch?
How about Noon - I admit it does not itself imply food.
What is better value for money a PSP 2000 or a PSP 3000?
I'd say the 2000 is better value for money. It is cheaper than the 3000, and the differences (different screen and in-built microphone) are not worth paying extra for.
