Mr. Nunn The Origins of Money. Barter Economy An economy in which trades are made in goods and...

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Mr. Nunn The Origins of Money

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Transcript of Mr. Nunn The Origins of Money. Barter Economy An economy in which trades are made in goods and...

Page 1: Mr. Nunn The Origins of Money. Barter Economy An economy in which trades are made in goods and services instead of in money.

Mr. Nunn

The Origins of Money

Page 2: Mr. Nunn The Origins of Money. Barter Economy An economy in which trades are made in goods and services instead of in money.

Barter Economy

• An economy in which trades are made in goods and services instead of in money.

Page 3: Mr. Nunn The Origins of Money. Barter Economy An economy in which trades are made in goods and services instead of in money.

Transaction Costs

• The costs associated with the time and effort needed to search out, negotiate, and consummate an exchange.

Page 4: Mr. Nunn The Origins of Money. Barter Economy An economy in which trades are made in goods and services instead of in money.

Money

• A good that is widely accepted for purposes of exchange and in the repayment of debt.

Page 5: Mr. Nunn The Origins of Money. Barter Economy An economy in which trades are made in goods and services instead of in money.

The Major Functions of MoneyFunction Definition

Medium of Exchange Anything that is generally acceptable in exchange for goods and services.

Unit of Account Common measurement in which values are expressed.

Store of Value An Item that maintain value over time.

Page 6: Mr. Nunn The Origins of Money. Barter Economy An economy in which trades are made in goods and services instead of in money.

Early Bankers

• Goldsmiths• Fractional Reserve

Banking- A banking arrangement in which banks hold only a fraction of their deposits and lend out the reminder.


Nunn Campaign Members

Nunn Campaign Members

By: Zachary Nunn

By: Zachary Nunn

Impact of money & quasi money on the economy of Pakistan

Impact of money & quasi money on the economy of Pakistan

How emerging economy firms lose money

How emerging economy firms lose money

Money and Banking Evolution of Money. Functions of Money Barter Economy –Moneyless economy that relies on trade –Hindered b/c some products offered may.

Money and Banking Evolution of Money. Functions of Money Barter Economy –Moneyless economy that relies on trade –Hindered b/c some products offered may.

Jump to first page MONEY AND THE ECONOMY What is money? What does money do? How does money affect the economy? What determines the money supply? What determines.

Jump to first page MONEY AND THE ECONOMY What is money? What does money do? How does money affect the economy? What determines the money supply? What determines.

Short Syntax Nunn

Short Syntax Nunn

Certificates Jaqui Nunn

Certificates Jaqui Nunn

Political Economy of Money and Finance

Political Economy of Money and Finance

Making Money In A Downturn Economy

Making Money In A Downturn Economy

INTRODUCTION: TRADE AND MONEY economy barter

INTRODUCTION: TRADE AND MONEY economy barter

Lec # 06 MB (Money, The Economy....)

Lec # 06 MB (Money, The Economy....)

Disc Jeffrey Nunn

Disc Jeffrey Nunn

Parallel Economy (Black Money)

Parallel Economy (Black Money)

Ministry of Economy · 2004. 10. 4. · 93624 1 .on iÙNUJ 420V TTnn rùn nŒn 0.0002501m nunn ùuon 22'nn . (—0mm2/m ten nÞ120n 57 rmnnn nmnn 'Ä-pnn rrnnn nonn on-ITn .N nunn

Ministry of Economy · 2004. 10. 4. · 93624 1 .on iÙNUJ 420V TTnn rùn nŒn 0.0002501m nunn ùuon 22'nn . (—0mm2/m ten nÞ120n 57 rmnnn nmnn 'Ä-pnn rrnnn nonn on-ITn .N nunn

Ill-gotten Money and the Economy - ISBN: 9780821388877documents.worldbank.org/.../pdf/651760PUB0EPI100money09780821388877.pdf · Ill-gotten Money and the Economy Public Disclosure

Ill-gotten Money and the Economy - ISBN: 9780821388877documents.worldbank.org/.../pdf/651760PUB0EPI100money09780821388877.pdf · Ill-gotten Money and the Economy Public Disclosure

Money in the Nation's Economy[1]

Money in the Nation's Economy[1]

Mr. Nunn The Money Supply. Components of the Money Supply Money Supply- The total supply of money in circulation, composed of currency, checking accounts,

Mr. Nunn The Money Supply. Components of the Money Supply Money Supply- The total supply of money in circulation, composed of currency, checking accounts,

Ch 13. Money And The Economy

Ch 13. Money And The Economy

Positive money bank of england money in the modern economy introduction

Positive money bank of england money in the modern economy introduction