ECO320 review question

Chapter 3: Review Questions 3 and 7

3. How does a high rate of inflation affect money in all its different roles?

7. How might the payments system evolve over time to reduce transactions costs for society?

Chapter 4: Review Questions 7 and 10

7. Why are security prices and interest rates inversely related?

10. What information do you need to be able to negotiate an automobile lease? Do you need any other equipment, such as a calculator, financial tables, or anything else?

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