Consider the following items below. Each of them would relate to the different principles of money and banking; a. Time has value, b. Risks require compensation, c. Information is the basis of information, d. Markets determine prices and allocate resources, e. Stability improves welfare. Now, pick at least 7 items below and use them to discuss each principle of money and banking. 1.Certificate of Deposit or Savings Account 2.Certificate of Stock Ownership 3.Bond Certificate 4.Insurance Policy 5.Credit Card 6.Mortgages (a car loan or housing loan) 7.Commercial Paper 8.Project Feasibility Study 9.A narrative report ( indicating the credit background of a certain company/person) 10.P1, 000. 00 bill 11.Stable price of 1 sack of rice at P2, 000. 00 12.A gold jewelry
Consider the following items below. Each of them would relate to the different principles of money and banking; a. Time has value, b. Risks require compensation, c. Information is the basis of information, d. Markets determine prices and allocate resources, e. Stability improves welfare.
Now, pick at least 7 items below and use them to discuss each principle of money and banking.
1.Certificate of Deposit or Savings Account
2.Certificate of Stock Ownership
3.Bond Certificate
4.Insurance Policy
5.Credit Card
6.Mortgages (a car loan or housing loan)
7.Commercial Paper
8.Project Feasibility Study
9.A narrative report ( indicating the credit background of a certain company/person)
10.P1, 000. 00 bill
11.Stable
12.A gold jewelry
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