Vocabulary For Answering Essay Questions On Exams

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NBKR assumes that since the second quarter, growth rates of monetary units will increase, however, considering seasonal nature of change of level of consumer goods a little this pro-growth of money will render considerable influence on inflation growth.

Eventually financial improvement is not end in itself, but a factor of economic growth. Only division of finance of the enterprises and states and need of an earning in the market will force the enterprises to be reorientated on technological chains.

Replacement of the mechanism of barter transactions with the mechanism using money as a currency carries out to decrease in distribution costs. The monetary exchange demands much smaller efforts and time, than barter. Reducing distribution costs, money stimulated development of specialization and trade and thus, promoted the general growth welfare of society.

Money resolved a contradiction of commodity production: between the potrebitelny cost and cost. With the advent of money the commodity world broke up into two parts: 1 goods – money and all other goods. Potrebitelny cost is concentrated on the party of all goods, and their cost – on the party of money.

Money – the historical category which is developing at each stage of commodity production and filled with the new contents which is condensed with change of conditions of production. Far back in the past general as an equivalent furs, cattle, jewelry acted. Later, when the exchange accepted systematic character, as money metals, at the beginning copper, then silver and, at last, gold began to be used.

In process of increase in public wealth the role of a universal equivalent is assigned to precious metals (silver, gold) which owing to the rarity, high value at the small volume, uniformity, divisibility and other useful qualities were, it is possible to tell, are doomed to carry out a role of monetary material during the long period of human history.

However experience present decade, especially developing countries, is shown that arguments, say, are not really well-founded. On the contrary, any use of restrictions is led to opposite results.

The first coins appeared in Ancient China and the Ancient Lidiysky state nearly 26 centuries ago. In Kievan Rus' the first stamping coins belong to the IX-X centuries. Originally zlatinka (coins from and silversmiths (coins from were in circulation at the same time.

And in our trade barter transactions where money acts only as calculating units are carried out to this day. At system of mutual offsets ( the difference is repaid by usually additional commodity deliveries.

In July there was a seasonal reduction of prices of foodstuff, and as they make the most part of the consumer basket used at calculation of IPTs, it was the main reason of reduction of prices of 1,2%. It should be noted that the change in price during the short period is considerably subject to seasonal influence.

Money on the origin is goods. Having allocated, from the general commodity weight, they keep the commodity nature and have, the same two properties, as any other goods: possess potrebitelny cost, for example, gold in the form of money can be used for ornament and satisfy esthetic need of the person, and the cost as a certain number of social activities is spent for production of goods - money (gold).

It is not enough or much? For example, in the East European countries the level of monetization makes about 25%, approximately same it was and in the former federal republics. It higher in the countries where the economic growth and the developed financial is observed

Thus, achievement of a target indicator of inflation is provided quite real, on condition of the moderate growth of money supply and lack of the sharp increase in prices caused by internal regulation and any external shocks. Rates of inflation in the period of 93-9

the cost of money has an external form of manifestation to their exchange in the market. The goods money can always be exchanged for any other goods necessary for the owner while the cost of usual goods is hidden and it is found in the course of an exchange when the goods are on sale in the market.