Social Studies, 14.04.2021 05:00 firenation18
What “backs” the money supply in the United States. What determines the value, (domestic purchasing power), of money?
Answers: 2
Social Studies, 23.06.2019 02:00
'nepal have varied vegetation as climate and landforms'. justify the statement
Answers: 3
Social Studies, 23.06.2019 06:30
Which of the following statements best describes the concept behind labor unions?
Answers: 3
Social Studies, 23.06.2019 11:30
How and to what extent did the enlightenment thinkers challenge social and political aspect of the world in the 1700s?
Answers: 1
Social Studies, 23.06.2019 15:00
Norman jones, an economic historian at the university of utah, has described the views of the ancient greek philosopher aristotle on interest: aristotle defined money as a good that was consumed by use. unlike houses and fields, which are not destroyed by use, money must be spent to be used. there- fore, as we cannot rent food, so we cannot rent money. moreover, money does not reproduce. a house or a flock can produce new value by use, so it is not unreasonable to ask for a return on their use. money, being barren, should not, therefore, be expected to produce excess value. thus, interest is unnatural. what did aristotle mean in arguing that money is “barren”? why would money being barren mean that lenders should not charge interest on loans? do you agree with aristotle’s reasoning? briefly explain.
Answers: 2
What “backs” the money supply in the United States. What determines the value, (domestic purchasing...
English, 22.02.2021 19:40
History, 22.02.2021 19:40
Mathematics, 22.02.2021 19:40
Mathematics, 22.02.2021 19:40
Mathematics, 22.02.2021 19:40
Geography, 22.02.2021 19:40
Mathematics, 22.02.2021 19:40
Mathematics, 22.02.2021 19:40