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Nostrana [21]
3 years ago
15

Describe two disadvantages of early forms of money, and explain how they could have been fixed.

Business
2 answers:
Gwar [14]3 years ago
8 0

Every country had different types of coins with different values and they were not easily comparable in value with the money from the other countries.  This could have been fixed with collaboration between neighboring countries from certain areas to create same types of coins that have the same value so that they can use them easily for the trade that was occurring between the different economies.

Every craftsmen that had the skills and tools and suitable material was able to create copies of the money. This could have been fixed with strict regulations on every craftsmen by the authorities. Also putting a unique mark on the different types of coins by the official producers that was not easy to be copied.

slava [35]3 years ago
8 0
Early forms of money was made up of such things which were easily available and so the currency could be copied.
It was difficult to compare two different places currency values.
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If the united states experiences lower personal savings rates, then it must be the case that any increase in domestic investment must be financed by foreign funds.

Because consumer spending accounts for roughly 70% of the US economy, even a small reduction in consumer spending can reduce aggregate demand and economic activity. A falling saving rate, on the other hand, may result in temporarily faster economic growth as people spend a larger portion of their earnings on goods and services.

National savings in the United States have fallen in recent decades as a result of lower private savings rates and higher federal budget deficits. A low national savings rate is especially troubling given the large number of workers retiring now or soon in the United States. With fewer workers able to save and more people drawing down those savings as retirees, government budget deficits are likely to rise further. This reduces the national savings rate even further, harming future economic growth and living standards. Due to low saving rate the US needs to borrow foreign funds for domestic investment.

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1 year ago
Diversion is the act of acquiring a product or service by means of:
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Ignoring it or creating an alternate course.
3 0
3 years ago
You purchased a share of SPCC for $100 and expect to receive a dividend of $5 in one year. If you expect the price after the div
Elenna [48]

Answer:

The answer is 15%

Explanation:

(P1 - Po) / Po + D

Where P1 is the price of the share at the end of the year

Po is the price of the share at the beginning of the year

D is the Dividend receceived

P1 is $110

Po is $100

And Dividend is 5%

($110 - $100) / $100 + 5 %

$10/100 + 5%

10% + 5%

= 15%

The total return will you have earned over the year for the purchase of a share of SPCC is 15%

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3 years ago
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2) It is a necessity for Sally because her income elasticity to the good is 0.2 which means every 1% change in income changes her demand by just 0.2%, which shows demand is not very sensitive to income and the quantity she buys them in dont rely much on her income, which is a sign of a necessity, you buy a certain amount of necessities regardless of your income.

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