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Textbooks / Business / Principles of Economics 6 / Chapter 29 / Problem Problems and Applications 29.1

Which of the following are money in the U.S. economy Which are not Explain your answers

Principles of Economics | 6th Edition | ISBN: 9780538453059 | Authors: N. Gregory Mankiw ISBN: 9780538453059 472

Solution for problem Problems and Applications 29.1 Chapter 29

Principles of Economics | 6th Edition

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Principles of Economics | 6th Edition | ISBN: 9780538453059 | Authors: N. Gregory Mankiw

Principles of Economics | 6th Edition

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Problem Problems and Applications 29.1

Which of the following are money in the U.S. economy? Which are not? Explain your answers by discussing each of the three functions of money. a. a U.S. penny b. a Mexican peso c. a Picasso painting d. a plastic credit card

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Tuesday, November 22 , 2016 Second part of Chapter 11. Back to Stockholder’s Equity. We were talking about the 2 different types of capital (contributed capital and earned capital). When owners withdraw money (pay dividends) è Assets decrease, and Owner’s Equity simultaneously decreases: Assets = Liabilities + Owner’s Equity There are 2 ways owners see returns in their investment: 1) Through dividends 2) Through capital gain (if the value of the company’s shares appreciates) Return on Investment Via Dividends There are 3 types of dividends: 1. Cash à most common form. 2. Property: less frequent and can only occur in a private company. 3. Stock: a company can issue a stock dividend= give the stockholder more stock.-0 GAAP requires companies to disclose o

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Textbook: Principles of Economics
Edition: 6
Author: N. Gregory Mankiw
ISBN: 9780538453059

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Which of the following are money in the U.S. economy Which are not Explain your answers