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Macroeconomic Impact on Business Operations
Essay specific features
Written by:
Edna A
Date added:
April 29, 2014
Level:
University
Grade:
A
No of pages / words:
8 / 1961
Was viewed:
4301 times
Rating of current essay:
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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