Give suitable examples for the three broad motives on the basis of which money is required by people?

Q: Aplia Homework: Money and the Financial System Back to Assignment Is Attempts Keep the Highest / 1…

A: Money is something that serves as a medium of exchange, a unit of account, and a store of value.

Q: Why is it so important to get incentives right when creating a policy

A: Policymakers need to think about incentives so they can understand how people will respond to the…

Q: help please answer in text form with proper workings and explanation for each and every part and…

A: 2. D. Capacity, demand, supplyIn economics, when we delineate a process as being constrained, what…

Q: 3. Explain Adam Smith's claim about self-interest and its impact on society.

A: Self-interest: It refers to the situation under which the person will try to get more gains. The…

Q: How much would you spend on a diamond engagement ring? If you answered around the national average…

A:

Q: Does the public's expectation of a policy influence its effectiveness?

A: Answer: Yes, the public expectations of a policy influence its effectiveness. People form their…

Q: Which of the following is a store of value?   Studypug.com Question:     currency…

A: Store of value refers to any commodity or asset that would retain purchasing power in the future and…

Q: disposable income i

A: Disposable income is the amount of income that a household or individual is left with after paying…

Q: What are the policy options for containing cost? What are cost-containing strategies used in the U.S

A: Containing cost is described as a practice of a business of maintaining the levels of expenses to…

Q: Wayne won $100,000 on a LottoMax ticket and now he wants to buy a Mercedes. Wayne's willingness and…

A: Wayne has accumulated a wealth of 100000 and now he wants to buy Mercedes with that money

Q: How can the important role of FDI be explained?

A: Foreign direct investment is an investment made by an investor in a business in foreign country. For…

Q: I agree that capitalists seem to be making money just because they want to, which sounds too good to…

A: Capitalists refer to the people who invest capital in business in order to earn profits. They…

Q: surplus budget tends to?

A: A receipt is a document as proof that a person receives money or other monetary things.

Q: . What is the relationship of policy and decision making?

A: "Policy analysis is client-oriented counsel influenced by societal ideals that is applicable to…

Q: Since everyone has the same needs, we can therefore say that scarcity is an absolute term. Is this…

A: Scarcity is a very important economic problem which shows the difference between the unlimited wants…

Q: How does Fisher Effect affect the market interest rate?

A: As economies and societies developed, the study of economics got more complicated. Hence, as a…

Q: An individual is observed throwing money into the sea. Is this behaviour consistent with the…

A: In economics, optimization aims at achieving efficient usage of the resources—maximization of…

Q: how would you use the equation of exchange to show that M*P? present your assumption.

A: The equation of exchange is a mathematical equation of the quantity theory of money that says that…

Q: What is the importance of Matrices in mathematical economics?

A: Mathematical economics is an economic model that uses the principles and methods of mathematics to…

Q: n financial markets, savers can directly provide funds to borrowers. Select one: a. Fales. b. True.

A: Financial Market: It broadly refers to any marketplace where the securities are traded, among one…

Q: Now that we've talked a little about what economics is, let's consider the concept of value. When we…

A: Circular flow of money shows how money moves within society, from producer to laborer in form of…

Q: Nowadays, is mathematics essential for understanding economic principles?

A: The principles of economics are generally about satisfying the unlimited wants of the consumer with…

Q: What is one challenge you may face when trying to "barter" for goods? Why would you face that…

A: "Since you have asked multiple questions, we will solve first question for you .. If you want any…

Q: Fill in the blanks with the mumber that correspoods to the correct word or phrase from the word bank…

A: Economics is defined less by the issues that economists study and more by how economists study them.…

Q: There are principles of Hygiene and principles of Charity in Islamic consumption. What is the…

A: In the production process, the conditions and fluctuations that happen between demand and also the…

Q: What causes Monetary base and Monetary supply to increase?

A: Monetary Base: The monetary base refers to the sum of all currency that is in circulation and all…

Q: Why might consumers not act? rationally?Consumers might A. only take actions that are appropriate to…

A: Economics is a branch of social science that describes and analyzes the behaviors and decisions…

Q: What is cost ?differentiate between money and the real cost in economics

A: According to the given question In simple words we can say that cost in economics is considered as a…

Q: An economic explanation for why people make different choices begins with accepting the proverbial…

A: Saving: It refers to the money that is not used by the people. It is the money which is used in case…

Q: Each of 50 commuters (commuting in the same direction) must choose which of two routes to take:…

A: There are 50 commuters . So , k + n = 50 Where , k : commuters choosing route 7 , n : commuters…

Q: Which of the following is an example of representative money?   Group of answer choices   Gold…

A: Representative money is money created by the government and backed by a physical asset such as…

Q: Using an example explain what a ‘real option’ is.

A: Capital budgeting: It means a process undertaken by a business for evaluating potential major…

Q: what were Lionel Robbin's two examples of monetary economics that were inappropriate when he…

A: Lionel Robbin explained the theory of scarcity of choice. He explained that the resources are scarce…

Q: And now for some Shakespeare (who says economists aren’t cultured!). In Shakespeare’s play Hamlet,…

A: Given information As per Ophelia, there are 2-period consumption models, where one can borrow money…

Q: The buying power of a dollar increases when more money is available?? True or false

A: Buying power is also known as Purchasing power Purchasing power refers to the number of goods and…

Q: 1. The opportunity cost of holding assets as money Suppose you've just inherited $165,000 from a…

A: A proportion of the amount charged on borrowers' money is referred to as the interest rate. The…

Q: One In the News article titled "Prices are Low! Mortgages Cheap! But you can't get one" suggests:…

A: The article stated that although there are reduced mortgage interest rates however the cheap rates…

Q: Using incentives, how could we get someone to change their behavior? Increase the benefits of…

A: Rewards or advantages are provided to individuals, groups, or organizations as incentives to promote…

Q: If robin hood robs me because I am Rich, would he give me money because I am now poor?

A: Robin hood used to robbed rich and that money given to the poor people.

Q: How does Matthew effect affect the principles of economics.

A: The term "economic principle" refers to a broad range of economic rules and ideas that describe or…