Essay for students on time in money. The tiny infant cuddled in the warmth of the cradle soon becomes a cute toddler who runs after butterflies and rainbows.
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The cost of going to college in the United States is something you and your family need to think about early in your planning. Costs differ from one institution to another, so you should estimate your budget for each of the colleges you are considering.
The dubious developments, both on and off the cricket field during the last one-decade or so, have brought the glorious game within the ambit of accusation, innuendoes, inquiries and investigations.
It is very often told by people that whatever wealth one may have, it will be easily exhausted within a short time if one does not add something to it. Since extravagance brings even a millionaire into want it is necessary on the part of every student to practice the habit of thrift from his […]
The total liability of RBI is called high powered money or reserve money or monetary base. It includes deposits with commercial banks and deposits held by RBI.
Till 1967-68, the R.B.I, used to publish only a single measure of money supply. From 1967-68 the R.B.I. started publishing additionally a broader measure of money supply, called aggregate monetary resources, (A.M.R.). It was explained as M plus the time deposits of banks held by the public.
Paul Einzig has classified functions of money into two broad categories, namely static and dynamic functions of money.
It is very difficult to define money precisely which may cover all its functions. Various economists have defined money but no definition can be viewed as complete and appropriate. This led Prof Walker to say that money is what money does. But still some definition has to be worked out.
Money can be classified on the basis of relationship between the value of money and value of money as a commodity. Value of money means the face value of money.
According to Keynes, money is demanded because of three motives -transaction, precautionary and speculative. The first two motives provide yield of convenience and certainty. The third motive provides money yield. Keynes has termed demand for money as liquidity preference.