Economy 320 Money And Banking

NameUniversityCourseTutorDate1 (Chapter 2 ) If you suspect that a company will go bankrupt next year which would you rather hold (1 ) bonds issued by the company or 2 equities issued by the company ? WHYAns : start into a failing company s bonds is the best option , because creditors argon paid first in the case of liquidation . I would therefore choose to hold bonds over stocks of a declining plastered - this would secure my investment let alone guaranteeing the increased interest2 (Chapter 3 ) The most important characteristic of funds is its social acceptableness in ex diversify for real goods and services . Every parliamentary procedure has had some commodity serving as a mean(a) of exchange . Why did property come into existence ? How has notes evolved ? Where do you believe the evolution of money is going in the futur e (Points : 10Ans : Money came into the existence as the best bring to disturbher to the barter systems that had many negatives .

Some goods could not be change integrity into sm all(prenominal)er units to necessitate exchange agreeable to all parties . In addition , traders , as well as consumers had to get for hanker distances or wait for long period to get a party that would agree with terms . The availability of money withdraw these inconveniences by universe divisible into many units and universe judge in practical(prenominal)(prenominal)ly all locations . Money was first in form of pieces of stone before coins taking over and notes existence introduced later on . Money is c urrently becoming virtual and less tangible ! as...If you want to get a generous essay, order it on our website: OrderEssay.net

If you want to get a full information about our service, visit our page: write my essay