Macroeconomic Impact on Business Operations

Essay specific features

 

Issue:

Business

 

Written by:

Edna A

 

Date added:

April 29, 2014

 

Level:

University

 

Grade:

A

 

No of pages / words:

8 / 1961

 

Was viewed:

4244 times

 

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Essay content:

Moreover, money is also a store of value- a way of accumulating wealth so it can be used at a later date. Stocks and bonds serve a similar function because they can be quickly converted to money. In essence, money is the most readily available form of wealth. Economists have many definitions of money or, more accurately, the money supply...
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The money supply includes money as one usually think of it, plus various bank deposits and financial instruments. The fact that money is both a medium of exchange and a store of value points to one of the major type of demand for money: Asset demand. Asset demand is the amount of money that people in an economy wants to hold as money, usually in bank accounts or in the form of near money, such as shares in money market funds...
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