I’m a young Pakistani Blogger, Academic Writer, Freelancer, Quaidian & MPhil Scholar, Quote Lover, Co-Founder at Essar Student Fund & Blueprism Academia, belonging from Mehdiabad, Skardu, Gilgit Baltistan, Pakistan.
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In monetary economics, the quantity theory of money (QTM) states that the general price level of goods and services is directly proportional to the amount of money in circulation, or money supply. The theory was challenged by Keynesian economics,but updated and reinvigorated by the monetarist school of economics. While mainstream economists agree that the quantity theory holds true in the long run, there is still disagreement about its applicability in the short run. Critics of the theory argue that money velocity is not stable and, in the short-run, prices are sticky, so the direct relationship between money supply and price level does not hold.
Alternative theories include the real bills doctrine and the more recent fiscal theory of the price level.
Money: Definition, Origin, Functions, Inflation, Deflation, Value of Money, M...flowerpower_1324
These slides cover the first chapter of the B.Com "Banking and Finance" syllabus: Money.
It includes the following topics: Definition, Origin, Functions, Inflation and its remedies, , Deflation and its causes, reflation, devaluation, , Monetary and Fiscal Policy, Paper Money: its kinds and advantages and disadvanatges, Monetary system, Value of Money: quantity theory of money, cash balance approach, modern theory of money.
“Money is a pivot around which the whole economy clusters”. Anything that serves as a medium of exchange, as unit of account and used as a store value can be referred to as money. It should have characteristics of Durability, Portability, Divisibility, Uniformity, Acceptable, Scarcity, Stability, Cognizability means its value must easily identifiable and compare its worth.
Money is derived from a Latin word, Moneta, which was another name of Goddess Juno in Roman history. The term money refers to an object that is accepted as a mode for the transaction of goods and services in general and repayment of debts in a particular country or socio-economic framework. Money is an important and powerful tool which was created by man thousands of years ago. “Money is a pivot around which the whole economy clusters”. Anything that serves as a medium of exchange, as unit of account and used as a store value can be referred to as money. It should have characteristics of Durability, Portability, Divisibility, Uniformity, Acceptable, Scarcity, Stability, Cognizability means its value must easily identifiable and compare its worth.
I’m a young Pakistani Blogger, Academic Writer, Freelancer, Quaidian & MPhil Scholar, Quote Lover, Co-Founder at Essar Student Fund & Blueprism Academia, belonging from Mehdiabad, Skardu, Gilgit Baltistan, Pakistan.
I am an academic writer & freelancer! I can work on Research Paper, Thesis Writing, Academic Research, Research Project, Proposals, Assignments, Business Plans, and Case study research.
Expertise:
Management Sciences, Business Management, Marketing, HRM, Banking, Business Marketing, Corporate Finance, International Business Management
For Order Online:
Whatsapp: +923452502478
Portfolio Link: https://blueprismacademia.wordpress.com/
Email: arguni.hasnain@gmail.com
Follow Me:
Linkedin: arguni_hasnain
Instagram : arguni.hasnain
Facebook: arguni.hasnain
In monetary economics, the quantity theory of money (QTM) states that the general price level of goods and services is directly proportional to the amount of money in circulation, or money supply. The theory was challenged by Keynesian economics,but updated and reinvigorated by the monetarist school of economics. While mainstream economists agree that the quantity theory holds true in the long run, there is still disagreement about its applicability in the short run. Critics of the theory argue that money velocity is not stable and, in the short-run, prices are sticky, so the direct relationship between money supply and price level does not hold.
Alternative theories include the real bills doctrine and the more recent fiscal theory of the price level.
Money: Definition, Origin, Functions, Inflation, Deflation, Value of Money, M...flowerpower_1324
These slides cover the first chapter of the B.Com "Banking and Finance" syllabus: Money.
It includes the following topics: Definition, Origin, Functions, Inflation and its remedies, , Deflation and its causes, reflation, devaluation, , Monetary and Fiscal Policy, Paper Money: its kinds and advantages and disadvanatges, Monetary system, Value of Money: quantity theory of money, cash balance approach, modern theory of money.
“Money is a pivot around which the whole economy clusters”. Anything that serves as a medium of exchange, as unit of account and used as a store value can be referred to as money. It should have characteristics of Durability, Portability, Divisibility, Uniformity, Acceptable, Scarcity, Stability, Cognizability means its value must easily identifiable and compare its worth.
Money is derived from a Latin word, Moneta, which was another name of Goddess Juno in Roman history. The term money refers to an object that is accepted as a mode for the transaction of goods and services in general and repayment of debts in a particular country or socio-economic framework. Money is an important and powerful tool which was created by man thousands of years ago. “Money is a pivot around which the whole economy clusters”. Anything that serves as a medium of exchange, as unit of account and used as a store value can be referred to as money. It should have characteristics of Durability, Portability, Divisibility, Uniformity, Acceptable, Scarcity, Stability, Cognizability means its value must easily identifiable and compare its worth.
Prospects of virtual currency in bangladeshM S Siddiqui
At a time when the world enters into the era of virtual currencies, foreign exchanges are still regulated in Bangladesh by backdated rules like the Foreign Exchange Regulation Act, 1947. Moreover, the rule issued by the Bangladesh Bank is not friendly in introducing VCs.
Bangladesh should allow the virtual transaction platform for transaction of real currencies to facilitate international trade in goods and services.
"Modern Money Mechanics" was a booklet published and distributed by the Federal Reserve Bank of Chicago, originally written by Dorothy M. Nichols in May 1961. Described as a "workbook on bank reserves and deposit expansion", the text offers a detailed description of the basic process of money creation in a fractional reserve banking system. The approach taken illustrates the changes in bank balance sheets that occur when deposits in banks change as a result of monetary action by the Federal Reserve System.
The booklet is now out of print.
Number of innovative products for making payment has developed in topical year, taking advantage of swift
Technological steps forward and financial market development. Transactions refined using these innovative products are accounting for a mounting proportion of the dimensions and value of domestic and cross-border retail payments. This paper is been framed based on the concept of payments made through Plastic Money. Plastic money is the alternative to the cash or the standard 'money'. Plastic money is referring to the credit cards or the debit cards that we use to make purchases in our everyday life. Plastic money is much more convenient to carry around, as you do not have to carry a huge sum of money with you. Though this plastic money comprises different payment channels, this paper is focusing to bring the conceptual framework of Credit Card.
A digital currency ( digital currency , electronic money, electronic currency, digital
money, electronic money (meaning different from Japanese English electronic
money ), electronic currency) is a currency , money, or money. It refers to all assets
such as , and is mainly managed, stored, and exchanged mainly over the Internet in
digital computer systems.
In this paper, a brief overview of the history of money will be given and principles of what make money useful in business commerce. Then, categories with electronic money will be described and bring a distinction with electronic payment systems. Next, the impact electronic money has had in general in our globalized economy will be discussed. Then, opportunities that computer science has involved in the field of electronic money will be discussed such as in data security, privacy, and traceability. In addition, drawbacks and risks involved in the use of electronic money will be discussed. Finally, a summary will be made about the future expectations for electronic money in the global market place.
Central Bank Digital Currency (CBDC).pptxtaxguruedu
Management of currency is one of the core central banking functions of the Reserve Bank of India for which it derives the necessary statutory powers from Section 22 of the RBI Act, 1934. Along with the Government of India, the Reserve Bank is responsible for the design, production and overall management of the nation’s currency, with the goal of ensuring an adequate supply of clean and genuine notes in the economy.
Synthetic Fiber Construction in lab .pptxPavel ( NSTU)
Synthetic fiber production is a fascinating and complex field that blends chemistry, engineering, and environmental science. By understanding these aspects, students can gain a comprehensive view of synthetic fiber production, its impact on society and the environment, and the potential for future innovations. Synthetic fibers play a crucial role in modern society, impacting various aspects of daily life, industry, and the environment. ynthetic fibers are integral to modern life, offering a range of benefits from cost-effectiveness and versatility to innovative applications and performance characteristics. While they pose environmental challenges, ongoing research and development aim to create more sustainable and eco-friendly alternatives. Understanding the importance of synthetic fibers helps in appreciating their role in the economy, industry, and daily life, while also emphasizing the need for sustainable practices and innovation.
Model Attribute Check Company Auto PropertyCeline George
In Odoo, the multi-company feature allows you to manage multiple companies within a single Odoo database instance. Each company can have its own configurations while still sharing common resources such as products, customers, and suppliers.
Macroeconomics- Movie Location
This will be used as part of your Personal Professional Portfolio once graded.
Objective:
Prepare a presentation or a paper using research, basic comparative analysis, data organization and application of economic information. You will make an informed assessment of an economic climate outside of the United States to accomplish an entertainment industry objective.
Read| The latest issue of The Challenger is here! We are thrilled to announce that our school paper has qualified for the NATIONAL SCHOOLS PRESS CONFERENCE (NSPC) 2024. Thank you for your unwavering support and trust. Dive into the stories that made us stand out!
Welcome to TechSoup New Member Orientation and Q&A (May 2024).pdfTechSoup
In this webinar you will learn how your organization can access TechSoup's wide variety of product discount and donation programs. From hardware to software, we'll give you a tour of the tools available to help your nonprofit with productivity, collaboration, financial management, donor tracking, security, and more.
How to Make a Field invisible in Odoo 17Celine George
It is possible to hide or invisible some fields in odoo. Commonly using “invisible” attribute in the field definition to invisible the fields. This slide will show how to make a field invisible in odoo 17.
Acetabularia Information For Class 9 .docxvaibhavrinwa19
Acetabularia acetabulum is a single-celled green alga that in its vegetative state is morphologically differentiated into a basal rhizoid and an axially elongated stalk, which bears whorls of branching hairs. The single diploid nucleus resides in the rhizoid.
June 3, 2024 Anti-Semitism Letter Sent to MIT President Kornbluth and MIT Cor...Levi Shapiro
Letter from the Congress of the United States regarding Anti-Semitism sent June 3rd to MIT President Sally Kornbluth, MIT Corp Chair, Mark Gorenberg
Dear Dr. Kornbluth and Mr. Gorenberg,
The US House of Representatives is deeply concerned by ongoing and pervasive acts of antisemitic
harassment and intimidation at the Massachusetts Institute of Technology (MIT). Failing to act decisively to ensure a safe learning environment for all students would be a grave dereliction of your responsibilities as President of MIT and Chair of the MIT Corporation.
This Congress will not stand idly by and allow an environment hostile to Jewish students to persist. The House believes that your institution is in violation of Title VI of the Civil Rights Act, and the inability or
unwillingness to rectify this violation through action requires accountability.
Postsecondary education is a unique opportunity for students to learn and have their ideas and beliefs challenged. However, universities receiving hundreds of millions of federal funds annually have denied
students that opportunity and have been hijacked to become venues for the promotion of terrorism, antisemitic harassment and intimidation, unlawful encampments, and in some cases, assaults and riots.
The House of Representatives will not countenance the use of federal funds to indoctrinate students into hateful, antisemitic, anti-American supporters of terrorism. Investigations into campus antisemitism by the Committee on Education and the Workforce and the Committee on Ways and Means have been expanded into a Congress-wide probe across all relevant jurisdictions to address this national crisis. The undersigned Committees will conduct oversight into the use of federal funds at MIT and its learning environment under authorities granted to each Committee.
• The Committee on Education and the Workforce has been investigating your institution since December 7, 2023. The Committee has broad jurisdiction over postsecondary education, including its compliance with Title VI of the Civil Rights Act, campus safety concerns over disruptions to the learning environment, and the awarding of federal student aid under the Higher Education Act.
• The Committee on Oversight and Accountability is investigating the sources of funding and other support flowing to groups espousing pro-Hamas propaganda and engaged in antisemitic harassment and intimidation of students. The Committee on Oversight and Accountability is the principal oversight committee of the US House of Representatives and has broad authority to investigate “any matter” at “any time” under House Rule X.
• The Committee on Ways and Means has been investigating several universities since November 15, 2023, when the Committee held a hearing entitled From Ivory Towers to Dark Corners: Investigating the Nexus Between Antisemitism, Tax-Exempt Universities, and Terror Financing. The Committee followed the hearing with letters to those institutions on January 10, 202
8. What is money?
Money
Money is any good that is widely used and accepted in transactions
involving the transfer of goods and services from one person to another.
9. According to Prof. Walker:
‘Money is what money does.’
The International Monetary Fund (IMF) has the following
definition of the term:
“A store of value, which means people can save it and use it later –
smoothing their purchases over time,” or “a unit of account, that is, it
provides a common base for prices,” and “a medium of exchange,
something that people can use to buy and sell from one another.”
Definitions:
Money
13. Barter system:
Direct exchange of goods and services for other
goods and services
Difficulties in barter system:
Lack of double co-incidence of wants.
Lack of common measures of values.
Difficulties in storing values.
Deferred of payments / Absence of loaning.
Indivisibility of certain goods.
14. Commodity money:
Commodity money is money whose value
comes from a commodity of which it is made.
Commodity money consists of objects that
have value in themselves as well as value in their
use as money
15. Paper money:
Paper currency that is circulated for
transaction- related purposes.
The printing of paper money is
typically regulated by a country's central
bank/treasury in order to keep the flow
of money in line with monetary policy.
16. Demand deposits:
Demand Deposit refers to a type of
account held at banks and financial
institutions that may be withdrawn at any
time by the customer.
The majority of such Demand Deposit
accounts are savings accounts.
17. E-money:
All types of money which people deal with it
electronically, far from traditional ways of payment like
banks, cheques, paper money and coins.
E-Money allow users through internet or wireless
devices to pay the charges for their purchases directly
from their bank accounts by electronical ways such as
Smart cards, Digital wallets and micropayments
20. Summary
Direct exchange of goods and services for other
goods and services
Commodity money is money whose value comes
from a commodity of which it is made.
The printing of paper money is typically regulated
by a country's central bank/treasury in order to keep
the flow of money in line with monetary policy.
Demand Deposit refers to a type of account held at
banks and financial institutions that may be withdrawn
at any time by the customer.
22. 1.Money is what money does?
a) Crowther
b) Robertson
c) Walker
d)Marshall
(c) Walker
2.Direct exchange of goods against goods is
called?
a) Charter
b) Money
c) Barter
d) Commodity Exchange
C) Barter
MCQ ???????
23. 3.Which of the following is not near money?
a) Paper Notes
b) Treasury bills
c) Bond
d)Bill of Exchange
(a) Paper Notes
4. Barter means:?
a) Trade through metallic money only
b) Trade of goods only excluding services
c) Trade of very low value goods
d) Trade without use of money
(d) Trade without use
of money
MCQ ???????
24. 5) Historically, the Indian rupee was a ____
coin?
a) Copper
b) Gold
c) Silver
d) Bronze
(c) Silver
MCQ ???????
26. Functions of money:
Primary functions
1. Medium of exchange
2. Unit of account
Secondary functions
1. Store of value
2. Standard of dafer payments
3. Easy transfer of value