All Questions
5 questions
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2
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70
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What would be a truly universal currency?
I have no clue where to ask this, so here it goes... With the advent of LK99 and its potential uses in recent solutions for modified Alcubierre drive fields, it pushes me to wonder: What if humanity ...
- 1
0
votes
1
answer
77
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How Demand of a product affects the currency
Question : Iron ore is Australia's largest export. Suppose that there was an unexpected increase in demand for Australia's iron ore exports globally. Explain what this would do to Australian Dollar ...
- 21
4
votes
1
answer
55
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What happened to the Zimbabwe cash dollar after the introduction of Dollarization?
Let's say, before dollarization, I owned 1 million Zimbabwean dollars in cash and the next day dollarization went into effect.
So in dollarization, the current Zimbabwean dollars will be invalid and ...
- 141
0
votes
4
answers
147
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What is the difference between microeconomics money and macroeconomics money?
In microeconomics, \$USD are a store of value. I can sell a candy bar for \$1, and I can hang onto that \$1 for a year and then buy the same candy bar for that same \$1. If I print \$1 (and get away ...
- 187
2
votes
1
answer
91
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How to determine the worth of a good
I've searched around the web for awhile now and I'm beginning to think this might be an unanswerable question. I want to know if there is a theoretical way to determine the worth of a particular good, ...
- 23