Therefor our dollar will not stretch as far as it once did prior inflation. 5. Imagine that you are considering moving to a new country and looking for a job there, but you first want to make sure the country has a strong economy. Describe at least three economic factors that you would want to research as evidence of the economy's strength or weakness, and explain how each factor would affect your decision to move there. (4-6 sentences.
One of the functions of money is as a store of value. How does inflation affect money's ability to store value? (3-6 sentences. 2.0 points) - Inflation affects money's ability to store value because inflation makes the value of money go down. 5.
With inflation the price of products go up. It makes saving harder 5. Imagine that you are considering moving to a new country and looking for a job there, but you first want to make sure the country has a strong economy. Describe at least three economic factors that you would want to research as evidence of the economy's strength or weakness, and explain how each factor would affect your decision to move there. (4-6 sentences.
How does inflation affect money's ability to store value? (3-6 sentences. 2.0 points) If inflation is increasing, which means the value of money is going down; It may make sense to invest the money in investments that are likely to increase in value. 5. Imagine that you are considering moving to a new country and looking for a job there, but you first want to make sure the country has a strong economy.
Assignment 1: Economic Basics (24.0 points) 1. Describe two examples of important things that financial planning skills can help you do, and explain why these things are important to you personally. (4-6 sentences. 2.0 points) Financial planning skills can help you save money. This is important to me because I tend to spend money when I get it, financial planning skills can help me stop doing that.
Why? (3-6 sentences. 2.0 points) 6. Describe two financial goals that you would want to meet before you begin investing. Explain why you would want to reach those goals first.
(3-6 sentences. 2.0 points) Inflation can be a problem with storing money to store value, or a plus. When inflation goes up, the value of a dollar goes down and you now need more money to pay for the item you could have bought before inflation went up. But if inflation goes down your dollar is worth much more! 5.
Assignment 1: Economic Basics (24.0 points) 1. Describe two examples of important things that financial planning skills can help you do, and explain why these things are important to you personally. (4-6 sentences. 2.0 points) Two skills that important with financial planning are, first is create a budget. It is vital in keeping your financial house in order.
The effects of a fall in consumer wealth will be to reduce confidence and consumer spending; equity withdrawal will slow down sharply – this has been a significant contributor to increasing AD in UK). Therefore, falling house prices will cause a fall in AD and is likely to cause a recession. This occurred in 1991 and 1992 when falling house prices caused a recession 2. Reduce House Price Volatility To prevent a house price crash, in the future, the government needs to reduce house price volatility and speculation. For example, the government could try these policies Encourage Fixed Rate Mortgages – Makes mortgages less sensitive to interest rate changes.
(3-6 sentences. 3.0 points) A financial resource can be a house because it is worth money to the bank. It is an expense because you have to spend money on it. And it could