How existence of money reduce costs of making transactions, Microeconomics

+44 141 628 6080
[email protected]

How existence of money reduce costs of making transactions

How does the existence of money reduce the costs of making transactions relative to a society based entirely on barter? English is becoming the usual language for international transaction, even if the language of neither country is English. How does this reduce the cost transacting?

Request for Solution File

Ask an Expert for Answer!!

Microeconomics: How existence of money reduce costs of making transactions

Reference No:- TGS054806

Expected delivery within 24 Hours

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Recent Questions Asked Microeconomics

Q : Explain maximization of utility

When discussing the maximization of utility, regardless of whether you chose to work more hours or fewer when offered a higher hourly wage, you could not be wore off than you were at a lower hourly wag. Can show this?

Q : Determining the current price of the common stock

The company's last dividend, D0, was $2.00. MHI's beta is 1.5 , the market risk premium is 6%, and the risk-free rate is 4%. What is the current price of the common stock

Q : Long-term debt in the capital structure

Preferred stock is used much less than long-term debt in the capital structure of most industrial and merchandising companies principally because:

Q : Calculate the equity risk premium fo quarter century

The table below shows the average return on U.S. stocks and bonds for 25-year periods ending in 1925, 1950, 1975,and 2000. Calculate the equity risk premium fo each quarter century. What lesson emerges from your calculations?

Q : How existence of money reduce costs of making transactions

How does the existence of money reduce the costs of making transactions relative to a society based entirely on barter?

Q : Current price of common stock-motor homes inc

Motor Homes Inc. (MHI) is presently enjoying abnormally high growth because of a surge in the demand for motor homes. The company expects earnings and dividends to grow at a rate of 20% for the next 4 years,

Q : Auditing the financial statements

Namiki, CPA, is auditing the financial statements of Taylor Corporation for the year ended December 31, 2011. Namiki plans to complete the fieldwork and sign the auditor's report about March 10, 2012.

Q : Rate of change of the distance from the particle

A particle is moving along the curve y= 5 sqrt{2 x + 1}. As the particle passes through the point (4, 15), its x-coordinate increases at a rate of 5 units per second. Find the rate of change of the distance from the particle to the origin at this

Q : What is the slope of the leakage schedule

What is the slope of the leakage schedule? Also, if a bank has $5 in vault cash plus $200 in liabilities with a required reserved ratio of .20 and a desired excess reserve ratio.

1932456

Questions
Asked

3,689

Active Tutors

1429044

Questions
Answered

Start Excelling in your courses, Ask a tutor for help and get answers for your problems !!

ask Question

Request for Solution File

Ask an Expert for Answer!!

Microeconomics: How existence of money reduce costs of making transactions

Reference No:- TGS054806

Have a Question? (oR Write a Review)

Recent Questions Asked Microeconomics

Q : Explain maximization of utility

Q : Determining the current price of the common stock

Q : Long-term debt in the capital structure

Q : Calculate the equity risk premium fo quarter century

Q : How existence of money reduce costs of making transactions

Q : Current price of common stock-motor homes inc

Q : Auditing the financial statements

Q : Rate of change of the distance from the particle

Q : What is the slope of the leakage schedule

Describe the results, including any scores

Discussion about the nature versus nurture

Identify one antecedent, one behaviour, and one consequence

Is early food experiences can impact development

Problem on journal articles and non-journal materials

Outline a social issue that is important to you

Describe some of your personality traits

Request for Solution File

Ask an Expert for Answer!!

Microeconomics: How existence of money reduce costs of making transactions

Reference No:- TGS054806

Recent Questions Asked Microeconomics

Q : Explain maximization of utility

Q : Determining the current price of the common stock

Q : Long-term debt in the capital structure

Q : Calculate the equity risk premium fo quarter century

Q : How existence of money reduce costs of making transactions

Q : Current price of common stock-motor homes inc

Q : Auditing the financial statements

Q : Rate of change of the distance from the particle

Q : What is the slope of the leakage schedule

Asked Questions