Difference between revisions of "MediaWiki talk:Exif-usercomment"

In economics, money is a broad term that refers to any financial instrument that http://www.mahousebuilders.com/images/money/cat-9.html can fulfill the functions of money (detailed above). These financial instruments together are collectively referred to as the money supply of an economy. In other words, the money supply is the amount of financial instruments within a specific economy available for purchasing goods or services. http://www.mahousebuilders.com/images/money/cat-10.html Since the money supply consists of various financial instruments (usually currency, demand deposits and various other types of deposits), the amount of money in an economy is measured by adding together these financial instruments creating a monetary aggregate. Modern monetary theory distinguishes among different ways to measure the money supply, reflected in different types of monetary aggregates, using a categorization system that focuses on the liquidity of the financial instrument used as money. The most commonly used monetary aggregates (or types of money) are conventionally designated M1, M2 and M3. These are successively larger aggregate categories: M1 is currency (coins and bills) plus demand deposits (such as checking accounts); M2 is M1 http://www.mahousebuilders.com/images/money/cat-11.html plus savings accounts and time deposits under $100,000; and M3 is M2 plus larger time deposits and similar institutional accounts. M1 includes only the most liquid financial instruments, and M3 relatively illiquid instruments. Another measure of money, M0, is also used; unlike the other measures, it does not represent actual purchasing power by firms and households in the economy. M0 is base money, or the amount of money actually issued by the central bank of a country. It is measured as currency plus deposits of banks and http://www.mahousebuilders.com/images/money/cat-12.html other institutions at the central bank. M0 is also the only money that can satisfy the reserve requirements of commercial banks.Many items have been used as commodity money such as naturally scarce precious metals, conch shells, barley, beads etc., as well as many other things that are thought of as having value. Commodity money value comes from the commodity out of which it is made. The commodity itself constitutes the money, and the money is the commodity.[19] Examples of commodities that have been used as mediums of exchange include gold, silver, copper, rice, salt, peppercorns, large stones, decorated belts, shells, alcohol, cigarettes, cannabis, candy, etc. These items were sometimes used in a metric of perceived value in conjunction to one another, in various commodity valuation or Price System economies. Use of commodity money is similar to barter, but a commodity money provides a simple and automatic unit of account for the commodity which is being used as money. Although some gold coins such as the Krugerrand are considered legal tender, there is no record of their face value on either http://www.mahousebuilders.com/images/money/cat-7.html side of the coin. The rationale for this is that emphasis is laid http://www.mahousebuilders.com/images/money/cat-8.html on their direct link to the prevailing value of their fine gold content.[20] American Eagles are imprinted with their gold content and legal tender face value

Difference between revisions of "MediaWiki talk:Exif-usercomment"

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In economics, money is a broad term that refers to any financial instrument that http://www.mahousebuilders.com/images/money/cat-9.html can fulfill the functions of money (detailed above). These fina

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+== In economics, money is a broad term that refers to any financial instrument that http://www.mahousebuilders.com/images/money/cat-9.html  can fulfill the functions of money (detailed above). These fina ==
+In economics, money is a broad term that refers to any financial instrument that http://www.mahousebuilders.com/images/money/cat-9.html  can fulfill the functions of money (detailed above). These financial instruments together are collectively referred to as the money supply of an economy. In other words, the money supply is the amount of financial instruments within a specific economy available for purchasing goods or services. http://www.mahousebuilders.com/images/money/cat-10.html Since the money supply consists of various financial instruments (usually currency, demand deposits and various other types of deposits), the amount of money in an economy is measured by adding together these financial instruments creating a monetary aggregate.
+Modern monetary theory distinguishes among different ways to measure the money supply, reflected in different types of monetary aggregates, using a categorization system that focuses on the liquidity of the financial instrument used as money. The most commonly used monetary aggregates (or types of money) are conventionally designated M1, M2 and M3. These are successively larger aggregate categories: M1 is currency (coins and bills) plus demand deposits (such as checking accounts); M2 is M1 http://www.mahousebuilders.com/images/money/cat-11.html  plus savings accounts and time deposits under $100,000; and M3 is M2 plus larger time deposits and similar institutional accounts. M1 includes only the most liquid financial instruments, and M3 relatively illiquid instruments.
+Another measure of money, M0, is also used; unlike the other measures, it does not represent actual purchasing power by firms and households in the economy. M0 is base money, or the amount of money actually issued by the central bank of a country. It is measured as currency plus deposits of banks and  http://www.mahousebuilders.com/images/money/cat-12.html other institutions at the central bank. M0 is also the only money that can satisfy the reserve requirements of commercial banks.Many items have been used as commodity money such as naturally scarce precious metals, conch shells, barley, beads etc., as well as many other things that are thought of as having value. Commodity money value comes from the commodity out of which it is made. The commodity itself constitutes the money, and the money is the commodity.[19] Examples of commodities that have been used as mediums of exchange include gold, silver, copper, rice, salt, peppercorns, large stones, decorated belts, shells, alcohol, cigarettes, cannabis, candy, etc. These items were sometimes used in a metric of perceived value in conjunction to one another, in various commodity valuation or Price System economies. Use of commodity money is similar to barter, but a commodity money provides a simple and automatic unit of account for the commodity which is being used as money. Although some gold coins such as the Krugerrand are considered legal tender, there is no record of their face value on either http://www.mahousebuilders.com/images/money/cat-7.html side of the coin. The rationale for this is that emphasis is laid http://www.mahousebuilders.com/images/money/cat-8.html on their direct link to the prevailing value of their fine gold content.[20] American Eagles are imprinted with their gold content and legal tender face value