Search results “What does value for money means”
04. What is Value for Money.wmv
This is the second video session on PFM jargon. We explain the meaning of 'value for money'. Go also to the PFM Board at http://pfmboard.com/index.php?topic=6406.0 to download a brochure issued by the UK Government on best practice for Value for Money in complex procurements.
Views: 2441 napodano
GCSE Maths - Best Buys (Unitary Measures) - Value for Money - Higher and Foundation
All videos can be found at www.m4ths.com and www.astarmaths.com These videos were donated to the channel by Steve Blades of maths247 'fame'. Please share via twitter or facebook if you find them helpful. Designed for the Edexcel spec but applicable to AQA, OCR,MEI and WJEC.
Views: 23486 ukmathsteacher
How do you define Value for Money?
IVMA President Roy Barton on Value for Money in Sydney 2014
Views: 169 IVMA
What is CASH VALUE? What does CASH VALUE mean? CASH VALUE meaning, definition & explanation
What is CASH VALUE? What does CASH VALUE mean? CASH VALUE meaning - CASH VALUE definition - CASH VALUE explanation. Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. The cash value of an insurance contract, also called the cash surrender value or surrender value, is the cash amount offered to the policyowner by the issuing life carrier upon cancellation of the contract. This term is normally used with a life insurance or life annuity contract. To receive the cash value, the policyholder surrenders their rights to future benefits under the policy. Cash values are usually associated with whole life insurance or endowment life insurance and other forms of permanent life insurance. The contract determines for each possible cancellation date the related cash value. If the investment of premiums is contractually made in an individual account, the cash value is the value of the investments in that account at any particular time minus a surrender charge. Such cash value credited to an individual account during the tenure of the policy keeps growing with every payment of premium. It also increments due to interest credited. The policyholder may also be able to use the cash value as collateral on a loan. The cash value will often be similar or even equal to the reserve to be held by the insurance company for the net obligations from the contract. As such, the amount is usually invested and earns investment income for the insurance company which is to some extent forwarded to policyholders of participating contracts. Since often initial premiums are not invested but covering initial costs associated with selling the contract (up front or front-end fee), the amount available may be significantly lower than the sum of premiums paid for some time, initially even zero. Later, interest credited might compensate that initial loss. The value of the investment is often subject to a surrender charge in determining the cash value. A surrender charge offsets the costs associated with selling the contract and allows these contracts to be sold with little or no up front fees. Surrender charges are imposed when a contract is cancelled within a set time frame. Any cancellation after that time frame are not subject to a surrender charge. Typically surrender charges decrease on an annual schedule until they disappear altogether. The determination of the cash value, both the base amount and the applicable surrender charge, in the contract can be explicit by determining the value for each surrender date (guaranteed cash values), by referring to the value of specific investments or subject to the discretion of the insurance company, which is often executed to bring cash values in line with values of the investments of the insurance company. Guaranteed cash values can result in significant risks for the insurance company, if the guarantee exceeds the economic value of policyholders' rights under the contract and the value of reserves hold.
Views: 393 The Audiopedia
What's the value of money?
A huge net worth is not that important in the long run. Question: What's the value of money? Moby: To me, the ultimate goal in acquiring money is to have enough money so you don't have to worry about money, like that's the best thing about money is when you don't have to pay attention to money.  I mean, I grew up very, very poor, and when I first left home, I lived in an abandoned factory in a crack neighborhood and I was completely broke, and so, even 20 years ago going out to dinner with friends was ordeal, the check would come and we were all broke, so we would sit there and figure out who owed what and there would be arguments because someone would say well, sure, I had the bread but I only two pieces and you had four pieces.  So it is nice to go out to dinner and not have to worry about that.  Yeah, what I don't understand is the pursuit of money for the sake of money.  Like at some point, if you make $100,000 a year and you get a raise, and you are making $200,000 a year, that actually probably will affect and potentially improve the quality of your life.  There are certain financial increments where you can go up or go down and it will impact the quality of your life, but if you have 20 million dollars in the bank and someone gives you an extra 10 million dollars, it is not going to affect the quality of your life at all.  It means that you might have a bigger house in the Hamptons, or you might have a six-bedroom apartment on the upper east side instead of a five-bedroom apartment on the upper east side, but it doesn't make any-- and based on watching my friends who made a lot of money, like it does not make them any happier, but, yet, people still pursue it.  What cracked me up a few years ago, someone wrote a biography on Donald Trump and they said that he was only worth 125 million dollars, and he threatened to sue the writer and the publishing company because he maintained that his net worth was a billion dollars.  I was like who cares?  Like go play with puppies and learn how to scuba dive because at the end of the day that is going to make you a lot happier than having a net worth that is inconceivable.  Recorded on: 6/16/08 Question: What's the value of money? Moby: To me, the ultimate goal in acquiring money is to have enough money so you don't have to worry about money, like that's the best thing about money is when you don't have to pay attention to money.  I mean, I grew up very, very poor, and when I first left home, I lived in an abandoned factory in a crack neighborhood and I was completely broke, and so, even 20 years ago going out to dinner with friends was ordeal, the check would come and we were all broke, so we would sit there and figure out who owed what and there would be arguments because someone would say well, sure, I had the bread but I only two pieces and you had four pieces.  So it is nice to go out to dinner and not have to worry about that.  Yeah, what I don't understand is the pursuit of money for the sake of money.  Like at some point, if you make $100,000 a year and you get a raise, and you are making $200,000 a year, that actually probably will affect and potentially improve the quality of your life.  There are certain financial increments where you can go up or go down and it will impact the quality of your life, but if you have 20 million dollars in the bank and someone gives you an extra 10 million dollars, it is not going to affect the quality of your life at all.  It means that you might have a bigger house in the Hamptons, or you might have a six-bedroom apartment on the upper east side instead of a five-bedroom apartment on the upper east side, but it doesn't make any-- and based on watching my friends who made a lot of money, like it does not make them any happier, but, yet, people still pursue it.  What cracked me up a few years ago, someone wrote a biography on Donald Trump and they said that he was only worth 125 million dollars, and he threatened to sue the writer and the publishing company because he maintained that his net worth was a billion dollars.  I was like who cares?  Like go play with puppies and learn how to scuba dive because at the end of the day that is going to make you a lot happier than having a net worth that is inconceivable.  Recorded on: 6/16/08
Views: 5244 Big Think
What gives a dollar bill its value? - Doug Levinson
View full lesson: http://ed.ted.com/lessons/what-gives-a-dollar-bill-its-value-doug-levinson The value of money is determined by how much (or how little) of it is in circulation. But who makes that decision, and how does their choice affect the economy at large? Doug Levinson takes a trip into the United States Federal Reserve, examining how the people who work there aim to balance the value of the dollar to prevent inflation or deflation. Lesson by Doug Levinson, animation by Qa'ed Mai.
Views: 1959835 TED-Ed
Price Comparison (World Most Expensive Things)
3D animated comparison of some of the most expensive stuff in the world. And how much stacks of $100 you will need to buy that. From a $1 bill all the way to the value of Earth and beyond PS: The Hand, Man and Bus FOR SCALE at $1M, 1B and 1T respectively are to show the SIZE (how big the pile of $100 notes will look like in real life) They DO NOT mean that a hand cost $1M! Universe Size Comparison 3D: https://www.youtube.com/watch?v=isppUA0MZmw Featured Comparisons $1 note, Starbucks Brewed Coffee, Big Mac price, Movie ticket price, $10 note, Restaurant Meal , Gold (1 gram), No Man's Sky Game, $100 note, Average Suit, Average Sofa, Average Bicycle, $1,000 stack, High Specs Gaming Computer, Plutonium (1 gram), Average Grand Piano, $10,000 stack, Yubari King Melons (Most Expensive Fruit), Average Car, Diamond (1 gram), Italian White Alba Truffle (Most Expensive Food), Average US House, Clive Christian Perfume (Most Expensive Perfume), Painite (1 gram), Screaming Eagle Cabernet Sauvignon (Most Ex Wine), Club Neverdie, Entropia Universe (Most Ex Virtual Item), $1 million, Red Tibetan Mastiff (Most Expensive Pet), Diamond Tom's Ford (Most Expensive Shoe) , Stuart Hughes Prestige HD (Most Expensive TV), Heintzman Crystal Piano (Most Expensive Instrument), Small school, Black Diamond Gold iPhone (Most Expensive phone), Marie-Antoinette (Most Expensive Watch), Californium (1 gram) , Codex Leicester (Most Expensive Book), Scorpion Venom (1 gallon) (Most Expensive Liquid), Ferarri 250 GTO (Most Expensive Car), Wittelsbach Diamond (Most Expensive Jewellery), L¡¯Homme qui marche (Most Expensive Sculpture), Interchange de Kooning (Most Expensive Painting), Lanai Islet, Hawaii (Most Expensive Island), Round Trip to the Moon, $1 Billion, Antilia (Most Expensive House), B-2 Spirit (Most Expensive Aircraft), History Supreme (Most Expensive Yacht), Abraj Al Bait (Most Expensive Building), Bill Gates Net Worth (Richest Person), Rothschild Family Net Worth (Richest Family), US Interstate Highway System (Most Expensive Project), Wallmart Revenue (Largest Company), $1 Trillion, US National Debt, China's GDP (PPP), Anti Matter (1 gram), Global GDP, Total value of all financial assets, Value of all of Earth's Resources, Value of the Sun's lifetime energy resources, Value of a Diamond ExoPlanet! "Clash Defiant" Kevin MacLeod (incompetech.com) Licensed under Creative Commons: By Attribution 3.0 License http://creativecommons.org/licenses/by/3.0/
Views: 13508250 Reigarw Comparisons
Introduction to present value | Interest and debt | Finance & Capital Markets | Khan Academy
A choice between money now and money later. Created by Sal Khan. Watch the next lesson: https://www.khanacademy.org/economics-finance-domain/core-finance/interest-tutorial/present-value/v/present-value-2?utm_source=YT&utm_medium=Desc&utm_campaign=financeandcapitalmarkets Missed the previous lesson? Watch here: https://www.khanacademy.org/economics-finance-domain/core-finance/interest-tutorial/present-value/v/time-value-of-money?utm_source=YT&utm_medium=Desc&utm_campaign=financeandcapitalmarkets Finance and capital markets on Khan Academy: If you gladly pay for a hamburger on Tuesday for a hamburger today, is it equivalent to paying for it today? A reasonable argument can be made that most everything in finance really boils down to "present value". So pay attention to this tutorial. About Khan Academy: Khan Academy offers practice exercises, instructional videos, and a personalized learning dashboard that empower learners to study at their own pace in and outside of the classroom. We tackle math, science, computer programming, history, art history, economics, and more. Our math missions guide learners from kindergarten to calculus using state-of-the-art, adaptive technology that identifies strengths and learning gaps. We've also partnered with institutions like NASA, The Museum of Modern Art, The California Academy of Sciences, and MIT to offer specialized content. For free. For everyone. Forever. #YouCanLearnAnything Subscribe to Khan Academy’s Finance and Capital Markets channel: https://www.youtube.com/channel/UCQ1Rt02HirUvBK2D2-ZO_2g?sub_confirmation=1 Subscribe to Khan Academy: https://www.youtube.com/subscription_center?add_user=khanacademy
Views: 743210 Khan Academy
Value for money | Mani P
In this video Mani explains the true meaning of Value for Money. What does "Value" mean.
Views: 13 WIISE TV
How Exchange Rates Work
● We explain topics simply. So Subscribe if you want to learn while being entertained. ✔ Please like the video and comment if you enjoyed - it helps a lot! ▶ If you want a question answered then ask in the comments and we may make a video about it! About the video: You may have traveled a lot and wondered why you get more of one currency when you exchange it for another. If so, you have witnessed exchange rates in action, but do you know how they work? Watch the video to find out what exchange rates are, how to convert between them and the different systems which determine a currencies exchange rate. Historically the gold standard system had been used, which fixed currency to a select value of gold, held in a vault. The three main systems are the floating, managed and fixed exchange rate systems. The floating system has minimal government intervention, using supply and demand to determine the exchange rate. The managed exchange rate is allowed to be within a permitted band and a fixed exchange rate is usually pegged to a currency with the interest of being competitive in the international market. The video explains this in more detail and with helpful picture to guide you through the subject.
Views: 301054 SimplyExplain
Offering value for money does not mean being the cheapest!
Offering value for money is vitally important in this business. If you have an awesome property in a great location, finished to a high standard and you provide fantastic customer service then you can charge a high price which people will be happy to pay because it is good value! If you are offering a property/service lacking in these things then your price HAS to reflect that or people will feel ripped off and your reviews will suffer. Yes a better finish or a bigger/better apartment costs more but you make your money back because you can charge higher prices! In the example prices I quoted in the video, a difference of £55 p/n results in over £20k difference in income over the year (If 365 nights sell for those exact prices) Let me know what you think in the comments!
How to choose training centers value for money - Simply Safety
If you have any enquiries please do contact us at +65 6264 4301 or e-mail us at [email protected] If you want more information about these please visit our website at http://www.simplysafety.com.sg For more updates please check these pages out: Raj the NEBOSH Guy - https://www.facebook.com/raj.theneboshguy?ref=profile Simpl Safety Facebook Page - https://www.facebook.com/pages/Simply-Safety/142732355767302 Transcribe of this Video This video tells about on how to choose training center and training centers that provide the best possible value for money. Hi, This is Raj the Nebosh Guy Coming to you from Simply Safety I'll letters in emails from all students and potential students and people like me me work hard and learn to know on how to spend money how do we spend it only spend it wisely what's the best bang that we can get the value that you can get had a lot of email coming in and asking on how can better choose a training provider come to me and choose any one else but choose right choose some training provider that you not you but all of them then if you are going to go for training in this is me you're on the go for training all about the training provider i found out the trainer that training all about the training material that we get we hear me train this it's a mainstream it means that ends, that means that you want to go go in life for your career and that's why training she got to choose the right train provider , so I seen many people training in fail and this waste money in go back home and do you know the family eats look you gonna spend money spend it wisely its no we didn't do deal with the name of the company what's new in same organization how long it in a row what kind of training they do what is the agenda who are they are they willing to money down go forth and hit there principle they principle down because of money what kind of trainer where you has are they able to commit you a message no offense we will bring this up well no reason some time ago I went for some training and it just for license and of course someone ask question to trainer will bought about $35 and I said what's that and thats someone is paying me and therefore your question is what more can I answer now have all seen some trainer sit down I'm sitting down right now that the line you right now they sit down and play they mouse that's is and this is the trainer you want be train you is this the data you need are there some very energetic people who will give it your all next so find out the training center and found the trainer now she is a date it both the all have a passing grade and all that passing grade often but at the same time how to get cost me if I I know some country he said some locations that you don't even have to take the exit someone else in the exam for you on your on your behalf and yeah passing grade is hard and do you want that and after all you're coming this job you know it's a noble career you want said example to people out there and family member said you really wanna cheat now its will be money and you should be this unreasonable when you ask for more now what do I mean by ask for more the people come to me and tell them most know when they that you the answers on exams no you one that is go wait which but did cheat you are this go away now unreasonable meaning now you ask for help,I got this e-learning material I go this from my e learning materials . I dont know this question can you clarify they should be there helping that is what they should be doing that's not unreasonable that is just basic now I wouldnt pick training center that is cheap a you know I just in it for the money so I dont think you just cheat as well I and I don't teach you should the pick training center because they like to complain here is a thing , a lot of training center complain and our training center simply safety because lot of people come to us knowing the best value so other training center are not happy use that should not affect your decisions now pick the one that tell you that you are not ready for exam I bet you a lot training center would not do that I'm the only one who does that and the only guy says look so so you're not ready for the exam don't take exam , postponed it take another test and even register for the exam now money should not be the motivated for you for training what up yes money is important don't get me wrong money is in important there's not good man or evil man this know which blue man along which evil men the man is a man rights but what's the mortgage this is one to cheat people though asking you all the money each do you just wanna do something are sure that you are able this is a test in take the exam so did not should in take your money and so wanna take you a recap The transcript of this video can be found on the script.. Thank you for watching
Views: 112 Simply Safety
What is REVIEW? What does REVIEW mean? REVIEW meaning - REVIEW definition - How to pronounce REVIEW?
What is REVIEW? What does REVIEW mean? REVIEW meaning - REVIEW pronunciation - REVIEW definition - REVIEW explanation - How to pronounce REVIEW? Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. A review is an evaluation of a publication, service, or company such as a movie (a movie review), video game (video game review), musical composition (music review of a composition or recording), book (book review); a piece of hardware like a car, home appliance, or computer; or an event or performance, such as a live music concert, play, musical theater show, dance show, or art exhibition. In addition to a critical evaluation, the review's author may assign the work a rating to indicate its relative merit. More loosely, an author may review current events, trends, or items in the news. A compilation of reviews may itself be called a review. The New York Review of Books, for instance, is a collection of essays on literature, culture, and current affairs. National Review, founded by William F. Buckley, Jr., is an influential conservative magazine, and Monthly Review is a long-running socialist periodical. A peer review is the process by which scholars or scientists assess the work of their colleagues that has been submitted for publication in the scientific or scholarly literature. In the scientific literature, review articles are a category of scientific or scholarly paper, which provides a synthesis of research on a topic at that moment in time. A compilation of these reviews forms the core content of review journals. Beyond review articles in review journals, a review may be found in an encyclopedia or a critical book review. In computer programming and the software development process, a software review may be used. A user review refers to a review written by a user or consumer for a product or a service based on her experience as a user of the reviewed product. Popular sources for consumer reviews are e-commerce sites like Amazon or Zappos, and social media sites like TripAdvisor and Yelp. E-commerce sites often have consumer reviews for products and sellers separately. Usually, consumer reviews are in the form of several lines of texts accompanied by a numerical rating. This text is meant to aid in shopping decision of a prospective buyer. A consumer review of a product usually comments on how well the product measures up to expectations based on the specifications provided by the manufacturer or seller. It talks about performance, reliability, quality defects, if any, and value for money. Consumer review, also called 'word of mouth' and 'user generated content' differs from 'marketer generated content' in its evaluation from consumer or user point of view. Often it includes comparative evaluations against competing products. Observations are factual as well as subjective in nature. Consumer review of sellers usually comment on service experienced, and dependability or trustworthiness of the seller. Usually, it comments on factors such as timeliness of delivery, packaging and correctness of delivered items, shipping charges, return services against promises made, and so on. Consumer reviews online have become a major factor in business reputation and brand image due to the popularity of TripAdvisor, Yelp and online review websites. A negative review can damage the reputation of a business and this has created a new industry of reputation management where companies attempt to remove or hide bad reviews so that more favourable content is found when potential customers do research. An expert review usually refers to a review written by someone who has tested several peer products or services to identify which offers the best value for money or the best set of features. A bought review is the system where the creator (usually a company) of a new product pays a reviewer to review his new product.
Views: 9581 The Audiopedia
How To Price Design Services & Creativity
Confused about how to price creative services? Are you charging hourly versus value based pricing? Is there a better way to determine what is fair to you and fair to the client? Watch this video and see how much money you are potentially leaving on the table by not pricing the client. Price the client and not the job. 👉Subscribe: https://goo.gl/F2AEbk How much do you charge for designing a logo? Are you undercharging your creative work? Learn how to charge 10 times more for a logo. Pricing design services. Part 3 of Money Talk workshop. 3:40 Why logos are worth more to some companies than others? 5:40 Price the client not the job 7:45 What does Blind charge to design a logo? 8:25 How do you quantify/justify the hours to a client? 9:45 Paula Scher's approach 11:40 Pricing role play 13:20 Most entrepreneurs value time. Symmetry of logic. 21:20 Clients don't choose the best option. They choose the least risky option. _ Listen to our podcast on iTunes: The Futur https://itunes.apple.com/us/podcast/the-futur/id1152604340?mt=2 HOW TO SUPPORT THE FUTUR: Purchase a Kit: http://theskool.co/collections/all or subscribe to the secret and private Master mind group on Facebook with exclusive videos not released anywhere else. Use our Amazon Affiliate Link: http://astore.amazon.com/chrisdo-20 Buy useful design tools from Creative Market: https://creativemarket.com/?u=ChrisDo Get your business cards printed at Moo: http://www.moo.com/share/qn6x98 _ Connect with us online: http://thefuturishere.com https://www.facebook.com/theFuturisHere/ https://twitter.com/thefuturishere Need brand strategy help? Visit Blind LA’s WEBSITE: http://blind.com Connect with Chris Do: https://twitter.com/theChrisDo Twitter https://www.facebook.com/BizOfDesign https://www.instagram.com/thechrisdo Jose Caballer: https://twitter.com/joseCaballer Aaron Szekely: https://twitter.com/AaronSzekely The PROCESS Credits: Executive Producer– Chris Do Hosts– Chris Do Director– Aaron Szekely Cameraman– Aaron Szekely, Andrew Truong Producer– Aaron Szekely Editor– Aaron Szekely, Mark Contreras Show Open– designed by William VanSkaik, animated by Bara Kwon
Views: 912619 The Futur
Time Value of Money: Present Value & Future Value - Lesson - Formula - Subjectmoney.com
http://www.subjectmoney.com http://www.subjectmoney.com/articledisplay.php?title=Time%20Value%20of%20Money:%20Present%20Value%20and%20Future%20Value What is future value? Future value is the value that money today will be worth at some point in the future if invested for a return. For example, we have $100 today, and we invest it for 1 year at 10% interest, then in 1 year the Investment will be worth $110. In other words, the future value of $100 invest for 1 year at 10% is $110. This is because we will still own the original $100 and we also earned 10%, an additional $10. In total our $100 investment will be worth $110 in 1 year. The future value formula is shown below. What is present value? Present value is today's value of a future Cash Flow . For example, everyone knows that $100 today is more valuable than $100 in the future, but what about $110, $120 or even $200 in the future. How do we calculate what they are worth today? To calculate the present value of a future cash flow we would need a few pieces of information. We need to know when to expect the cash flow, the value (future value) of the cash flow, and the Discount rate . What is the discount rate? The discount rate is the Opportunity Cost s that you have foregone to receive funds in the future. I know, this may sound confusing but it should eventually click. An easy way to understand the discount rate is to ask yourself this question. What kind of investment returns are available to me? If I had $100,000 today, what would the return be on my investment one year for today? Whatever that rate is would be your opportunity cost and would therefore be your discount rate. (It can be more complicated that this when comparing risk but this is a simplified lesson.) https://www.youtube.com/user/Subjectmoney https://www.youtube.com/watch?v=XF_3Dt-8OPE http://www.roofstampa.com hjttp://roofstampa.com http:/www.subjectmoney.com http://www.excelfornoobs.com
Views: 55292 Subjectmoney
Why K stands for 1000?What does k means in money,Refreshing news for you.CHAMBz BANG
क्यों कहा जाता है 1000 को K ? What does k means in texting? What does k means? What does 1k means in money? What does 1k means? K comes form the Greek kilo which means a thousand. In the metric system lower case k designates kilo as in kg for kilogram, a thousand grams. Even here there is some ambiguity. In the language of computer science K is 210 = 1024. The simple answer is that Kilogram means Thousand. The more complex answers is that the French took the Greek word for thousand "Chilioi" and shortened it to "Kilo" and then made new words like Kiloliter, Kiliwatt, Kilogram, Kilotonne, etc. The abbreviation KG for Kilo references Kilograms and means 1000 grams. The letter "K" is used to represent 1000, because it represents the prefix "kilo," which means 1000 of something in the metric system. For instance, kilogram means 1000 CHAMBzBANG,chambzbang,chambz bang,CHAMBz BANG, #K1000 #CHAMBzBANG
Views: 18803 CHAMBz BANG
Value for Money  How Cost-Effectiveness Analysis Contributes to Better Health
Value for Money How Cost-Effectiveness Analysis Contributes to Better Health Louise B. Russell, PhD Rutgers RBHS Speaker Series - The Future of the US Health Delivery System
What is PARADOX OF VALUE? What does PARADOX OF VALUE mean? PARADOX OF VALUE meaning & explanation
What is PARADOX OF VALUE? What does PARADOX OF VALUE mean? PARADOX OF VALUE meaning - PARADOX OF VALUE definition - PARADOX OF VALUE explanation. Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. The paradox of value (also known as the diamond–water paradox) is the apparent contradiction that, although water is on the whole more useful, in terms of survival, than diamonds, diamonds command a higher price in the market. The philosopher Adam Smith is often considered to be the classic presenter of this paradox, although it had already appeared as early as Plato's Euthydemus. Nicolaus Copernicus, John Locke, John Law and others had previously tried to explain the disparity. In a passage of Adam Smith's An Inquiry into the Nature and Causes of the Wealth of Nations, he discusses the concepts of value in use and value in exchange, and notices how they tend to differ: What are the rules which men naturally observe in exchanging them for money or for one another, I shall now proceed to examine. These rules determine what may be called the relative or exchangeable value of goods. The word VALUE, it is to be observed, has two different meanings, and sometimes expresses the utility of some particular object, and sometimes the power of purchasing other goods which the possession of that object conveys. The one may be called "value in use;" the other, "value in exchange." The things which have the greatest value in use have frequently little or no value in exchange; on the contrary, those which have the greatest value in exchange have frequently little or no value in use. Nothing is more useful than water: but it will purchase scarcely anything; scarcely anything can be had in exchange for it. A diamond, on the contrary, has scarcely any use-value; but a very great quantity of other goods may frequently be had in exchange for it. Furthermore, he explained the value in exchange as being determined by labor: The real price of every thing, what every thing really costs to the man who wants to acquire it, is the toil and trouble of acquiring it. Hence, Smith denied a necessary relationship between price and utility. Price on this view was related to a factor of production (namely, labor) and not to the point of view of the consumer. The best practical example of this is saffron (the most expensive spice), where much of its value derives from both the low yield from growing it and the disproportionate amount of labor required to extract it. Proponents of the labor theory of value saw that as the resolution of the paradox. The labor theory of value has lost popularity in mainstream economics and has been replaced by the theory of marginal utility. The theory of marginal utility, which is based on the subjective theory of value, says that the price at which an object trades in the market is determined neither by how much labor was exerted in its production, as in the labor theory of value, nor on how useful it is on the whole. Rather, its price is determined by its marginal utility. The marginal utility of a good is derived from its most important use to a person. So, if someone possesses a good, he will use it to satisfy some need or want. Which one? Naturally, the one that takes highest-priority. Eugen von Böhm-Bawerk illustrated this with the example of a farmer having five sacks of grain.
Views: 2258 The Audiopedia
Queen will get £6m: "What the Queen does...represents excellent value for money"
Queen will get £6m pay rise from public funds after posting big Crown Estate profits. "What the Queen does...represents excellent value for money," said Sir Alan Reid, Keeper of the Privy Purse. The Queen will receive an 8% increase in her income from public funds after the Crown Estate posted a £24m rise in profits.
Views: 653 Royal Plus
Introducing 'Value For Money' with Michael Weatherhead
http://www.imainternational.com/training/factsheet/Value+for+Money http://www.nef-consulting.co.uk/ http://www.imainternational.com/ Michael Weatherhead, International Director, NEF Consulting introduces our 'Value For Money' course. This unique 5-day programme gives you the tools and knowledge to maximise and embed value for money (VfM) approaches in your projects, programmes and organisation. You learn about best practice in economic theory as well as how to practically apply existing and emerging tools. To develop and deliver this course, we partner with NEF Consulting, the consultancy arm from the leading UK think tank NEF (New Economics Foundation). This partnership combines the technical know-how of NEF Consulting with IMA’s extensive international development experience to deliver this unique course. It is designed for development practitioners responsible for maximising VfM through all elements of programme and project design and delivery. Delivered by development economists NEF Consulting, you will benefit from the latest thinking on how to guarantee your activities deliver maximum value to your organisation and its stakeholders.
Views: 700 IMA International
Value for Money: Pimps vs Realtors - Stephen Dubner
Complete video at: http://fora.tv/2009/11/04/SuperFreakonomics_with_Steven_Levitt_and_Stephen_Dubner SuperFreakonomics co-author Stephen Dubner compares the value-add of a pimp to a realtor. The conclusion? Pimps deliver prostitutes more value than realtors do for homeowners. ----- With Freakonomics, Steven Levitt and Stephen Dubner revealed the good, bad, ugly and super freaky of the world around us. The freakquel is here. Back with more than pop-culture trivia, Inforum's next 21st Century Visionary Award recipients are ready to revolutionize our understanding of causality in an incredibly interconnected world. - Commonwealth Club of California Stephen J. Dubner is an award-winning author and journalist who lives in New York City. He is the co-author, with Steven D. Levitt, of Freakonomics: A Rogue Economist Explores the Hidden Side of Everything. He is also the author of Turbulent Souls: A Catholic Son's Return to His Jewish Family (1998), Confessions of a Hero-Worshiper (2003), and a children's book, The Boy With Two Belly Buttons (2007).
Views: 12183 FORA.tv
What is MONEY MANAGEMENT? What does MONEY MANAGEMENT mean? MONEY MANAGEMENT meaning - MONEY MANAGEMENT definition - MONEY MANAGEMENT explanation. Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. Money management the process of managing money which includes investment, budgeting, banking and taxes. It is also called investment management. Money management is a strategic technique employed to make money yield the highest interest-yielding value for any amount spent. Spending money to satisfy cravings (regardless of whether they can justifiably be included in a budget) is a natural human phenomenon. The idea of money management techniques has been developed to reduce the amount that individuals, firms and institutions spend on items which add no significant value to their living standards, long-term portfolios and assets. Warren Buffett, in one of his documentaries, admonished prospective investors to embrace his highly esteemed "frugality" ideology. This involves making every financial transactions worth the expense: 1. avoid any expense that appeals to vanity or snobbery 2. always go for the most cost-effective alternative (establishing small quality-variance benchmarks, if any) 3. favor expenditures on interest bearing items over all others 4. establish the expected benefits of every desired expenditure using the canon of plus/minus/nil to standard of living value system. These techniques are investment-boosting and portfolio-multiplying. There are certain companies as well that offer services, provide counselling and different models for managing money. These are designed to manage assets and make them grow.
Views: 109 The Audiopedia
What is ACTUAL CASH VALUE? What does ACTUAL CASH VALUE mean? ACTUAL CASH VALUE meaning - ACTUAL CASH VALUE definition - ACTUAL CASH VALUE explanation. Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. SUBSCRIBE to our Google Earth flights channel - https://www.youtube.com/channel/UC6UuCPh7GrXznZi0Hz2YQnQ In the property and casualty insurance industry, Actual Cash Value (ACV) is a method of valuing insured property, or the value computed by that method. Actual Cash Value (ACV) is not equal to replacement cost value (RCV). ACV is computed by subtracting depreciation from replacement cost. The depreciation is usually calculated by establishing a useful life of the item determining what percentage of that life remains. This percentage multiplied by the replacement cost equals the ACV. As an example: a man purchased a television set for $2,000 five years ago and it was destroyed in a hurricane. His insurance company says that all televisions have a useful life of 10 years. A similar television today costs $2,500. The destroyed television had 50% (5 years) of its life remaining. The ACV equals $2,500 (replacement cost) times 50% (useful life remaining) or $1,250. This concept is different from the book value used by accountants in financial statements or for tax purposes. Accountants use the purchase price and subtract the accumulated depreciation in order to value the item on a balance sheet. ACV uses the current replacement cost of a new item. Insurance policies may be purchased utilizing several different valuation methods. These include: Replacement Cost Value (RCV), Fixed Value (Guaranteed Replacement Cost) and Actual Cash Value (ACV). Some policies will use different valuation methods depending upon the item. For example, the building may be insured at Replacement Cost Value, the most of the contents insured at Actual Cash Value and a few specific items at a Fixed Value (antiques). Policies may also include co-insurance clause or deductibles provisions which will impact the actual cash paid out by the insurance company.
Views: 292 The Audiopedia
What is REPRESENTATIVE MONEY? What does REPRESENTATIVE MONEY mean? REPRESENTATIVE MONEY meaning - REPRESENTATIVE MONEY definition - REPRESENTATIVE MONEY explanation. Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. Representative money, in all simplicity, is any medium of exchange that represents something of value, but has little or no value of its own. Unlike fiat money (which may or may not have anything of value backing it), to be a genuine representative money, there must always be something valuable supporting the face value represented. More specifically, the term representative money has been used variously to mean: A claim on a commodity, for example gold certificates or silver certificates. In this sense it may be called "commodity-backed money". Any type of money that has face value greater than its value as material substance. Used in this sense, fiat money is a type of representative money. Historically, the use of representative money predates the invention of coinage. In the ancient empires of Egypt, Babylon, India and China, the temples and palaces often had commodity warehouses which issued certificates of deposit as evidence of a claim upon a portion of the goods stored in the warehouses, a form of "representative money". According to economist William Stanley Jevons (1875), representative money arose because metal coins often were "variously clipped or depreciated" during use, but using representations for the value stored in banks ensured its worth. He noted that paper and other materials have been used as representative money. In 1895 economist Joseph Shield Nicholson wrote that credit expansion and contraction was in fact the expansion and contractions of representative money. In 1934 economist William Howard Steiner wrote that the term was used "at one time to signify that a certain amount of bullion was stored in the Treasury while the equivalent paper in circulation" represented the bullion.
Views: 1268 The Audiopedia
What is CUSTOMS VALUATION? What does CUSTOMS VALUATION mean? CUSTOMS VALUATION meaning & explanation
What is CUSTOMS VALUATION? What does CUSTOMS VALUATION mean? CUSTOMS VALUATION meaning - CUSTOMS VALUATION definition - CUSTOMS VALUATION explanation. Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. SUBSCRIBE to our Google Earth flights channel - https://www.youtube.com/channel/UC6UuCPh7GrXznZi0Hz2YQnQ Customs valuation is the process where customs authorities assign a monetary value to a good or service for the purposes of import or export. Generally, authorities engage in this process as a means of protecting tariff concessions, collecting revenue for the governing authority, implementing trade policy, and protecting public health and safety. Customs duties, and the need for customs valuation, have existed for thousands of years among different cultures, with evidence of their use in the Roman Empire, the Han Dynasty and the Indian sub-continent. The first recorded customs tariff was from 136 in Palmyra, an oasis city in the Syrian desert. Beginning near the end of the 20th century, the procedures used throughout most of the world for customs valuation were codified in the Agreement on Implementation of Article VII of the General Agreement on Tariffs and Trade (GATT) 1994. Article VII of the GATT outlines the requirements for Valuation for Customs Purposes, and is applicable to all members of the World Trade Organization. The Agreement on Implementation of Article VII (known as the WTO Agreement on Customs Valuation or the “Valuation Agreement”) ensures that determinations of the customs value for the application of duty rates to imported goods are conducted in a neutral and uniform manner, precluding the use of arbitrary or fictitious customs values. The Agreement was negotiated during the Tokyo Round, but at that time its acceptance was voluntary. Adherence to the Agreement became mandatory as part of membership in the WTO subsequent to the Uruguay Round. The Agreement is administered by the WTO Committee on Customs Valuation, which holds two formal meetings a year. The Agreement also established a Technical Committee on Customs Valuation, which operates under the auspices of the World Customs Organization (WCO), with a view to ensuring, at the technical level, uniformity in interpretation and application of the Agreement. The Technical Committee also meets twice a year. The Agreement has four major parts in addition to a preamble and three annexes. Part I sets out substantive rules of customs valuation. Part II provides for the international administration of the Agreement and for dispute resolution. Part III provides for special and differential treatment for developing countries, and Part IV contains the so-called final provisions dealing with matters such as acceptance and accession of the Agreement, reservations, and servicing of the Agreement. The agreement gives customs administrations the right to request further information of importers where they have reason to doubt the accuracy of the declared value of imported goods. If the administration maintains a reasonable doubt, despite any additional information, it may be deemed that the customs value of the imported goods cannot be determined on the basis of the declared value, and customs would need to establish the value taking into account the provisions of the Agreement. The primary basis for customs valuation under the Agreement is “transaction value” as defined in Article 1. Article 1 defines transaction value as “the price actually paid or payable for the goods when sold for export to the country of importation.” Article 1 must be read together with Article 8, which lets Customs authorities make adjustments to the transaction value in cases where certain specific parts of the good - considered to be a part of the value for customs purposes - are incurred by the buyer but are not actually included in the price paid or payable for the imported goods. Article 8 also allows for the inclusion in transaction value of exchanges ("considerations") between the buyer and seller in forms other than money. Articles 2 through 7 provide methods of determining the customs value whenever it cannot be determined under the provisions of Article 1. The methods of customs valuation, in descending order of precedence, are: Transaction Value of Merchandise in Question - price actually paid or payable for the goods sold. (Art. 1). Transaction Value of Identical Merchandise (Art. 2). Transaction Value of Similar Merchandise (Art. 3). Deductive Value (Art. 5). Computed Value (Art. 6). Derivative Method (Art. 7). This hierarchy is codified in domestic legislation.
Views: 1810 The Audiopedia
What is DISCOUNTED CASH FLOW? What does DISCOUNTED CASH FLOW mean? DISCOUNTED CASH FLOW meaning - DISCOUNTED CASH FLOW definition - DISCOUNTED CASH FLOW explanation. Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. In finance, discounted cash flow (DCF) analysis is a method of valuing a project, company, or asset using the concepts of the time value of money. All future cash flows are estimated and discounted by using cost of capital to give their present values (PVs). The sum of all future cash flows, both incoming and outgoing, is the net present value (NPV), which is taken as the value or price of the cash flows in question. Using DCF analysis to compute the NPV takes as input cash flows and a discount rate and gives as output a present value; the opposite process—takes cash flows and a price (present value) as inputs, and provides as output the discount rate—this is used in bond markets to obtain the yield. Discounted cash flow analysis is widely used in investment finance, real estate development, corporate financial management and patent valuation. It was used in industry as early as the 1700s or 1800s, widely discussed in financial economics in the 1960s, and became widely used in U.S. Courts in the 1980s and 1990s. The most widely used method of discounting is exponential discounting, which values future cash flows as "how much money would have to be invested currently, at a given rate of return, to yield the cash flow in future." Other methods of discounting, such as hyperbolic discounting, are studied in academia and said to reflect intuitive decision-making, but are not generally used in industry. The discount rate used is generally the appropriate weighted average cost of capital (WACC), that reflects the risk of the cashflows. This WACC can be found using Perry's calculation model which was developed in 1996. The discount rate reflects two things: 1. Time value of money (risk-free rate) – according to the theory of time preference, investors would rather have cash immediately than having to wait and must therefore be compensated by paying for the delay 2. Risk premium – reflects the extra return investors demand because they want to be compensated for the risk that the cash flow might not materialize after all Discounted cash flow calculations have been used in some form since money was first lent at interest in ancient times. Studies of ancient Egyptian and Babylonian mathematics suggest that they used techniques similar to discounting of the future cash flows. This method of asset valuation differentiated between the accounting book value, which is based on the amount paid for the asset. Following the stock market crash of 1929, discounted cash flow analysis gained popularity as a valuation method for stocks. Irving Fisher in his 1930 book The Theory of Interest and John Burr Williams's 1938 text The Theory of Investment Value first formally expressed the DCF method in modern economic terms. To show how discounted cash flow analysis is performed, consider the following simplified example. John Doe buys a house for $100,000. Three years later, he expects to be able to sell this house for $150,000. Simple subtraction suggests that the value of his profit on such a transaction would be $150,000 - $100,000 = $50,000, or 50%. If that $50,000 is amortized over the three years, his implied annual return (known as the internal rate of return) would be about 14.5%. Looking at those figures, he might be justified in thinking that the purchase looked like a good idea. 1.1453 x 100000 = 150000 approximately. However, since three years have passed between the purchase and the sale, any cash flow from the sale must be discounted accordingly. At the time John Doe buys the house, the 3-year US Treasury Note rate is 5% per annum. Treasury Notes are generally considered to be inherently less risky than real estate, since the value of the Note is guaranteed by the US Government and there is a liquid market for the purchase and sale of T-Notes. If he hadn't put his money into buying the house, he could have invested it in the relatively safe T-Notes instead. This 5% per annum can therefore be regarded as the risk-free interest rate for the relevant period (3 years).
Views: 3540 The Audiopedia
What is MONETARY SYSTEM? What does MONETARY SYSTEM mean? MONETARY SYSTEM meaning - MONETARY SYSTEM definition - MONETARY SYSTEM explanation. Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. SUBSCRIBE to our Google Earth flights channel - https://www.youtube.com/channel/UC6UuCPh7GrXznZi0Hz2YQnQ A monetary system is the set of institutions by which a government provides money in a country's economy. Modern monetary systems usually consist of the national treasury, the mint, the central banks and commercial banks. A commodity money system is a monetary system in which a commodity such as gold is made the unit of value and physically used as money. The money retains its value because of its physical properties. In some cases, a government may stamp a metal coin with a face, value or mark that indicates its weight or asserts its purity, but the value remains the same even if the coin is melted down. One step away from commodity money is "commodity-backed money", also known as "representative money". Many currencies have consisted of bank-issued notes which have no inherent physical value, but which may be exchanged for a precious metal, such as gold. (This is known as the gold standard.) The silver standard was widespread after the fall of the Byzantine Empire, and lasted until 1935, when it was abandoned by China and Hong Kong. Another alternative which was tried in the twentieth Century was bimetallism, also called the "double standard", under which both gold and silver were legal tender. The alternative to a commodity money system is fiat money which is defined by a central bank and government law as legal tender even if it has no intrinsic value. Originally fiat money was paper currency or base metal coinage, but in modern economies it mainly exists as data such as bank balances and records of credit or debit card purchases, and the fraction that exists as notes and coins is relatively small. Money is mostly created, contrary to what is written in most textbooks, by banks when they loan to customers. Put simply, banks lending currency to customers creates more deposits and deficit spending. In normal times, the central bank does not fix the amount of money in circulation, nor is central bank money ‘multiplied up’ into more loans and deposits. Although commercial banks create money through lending, they cannot do so freely without limit. Banks are limited in how much they can lend if they are to remain profitable in a competitive banking system. Prudential regulation also acts as a constraint on banks’ activities in order to maintain the resilience of the financial system. And the households and companies who receive the money created by new lending may take actions that affect the stock of money – they could quickly ‘destroy’ the money or currency by using it to repay their existing debt, for instance. Central banks control the creation of money by commercial banks, by setting interest rates on reserves. This limits the amount of money the commercial banks are willing to lend, and thus create, as it affects the profitability of lending in a competitive market. This is the opposite of what many people believe about the creation of fiat money. The most common misconception was that central banks print all the money, this is not reflective of what actually happens. Today's global monetary system is essentially a fiat system because people can use paper bills or bank balances to buy goods.
Views: 277 The Audiopedia
What is The BEST VALUE for Money Recording Gear for Making Youtube Videos?
People have been requesting a video about what gear I use to record my videos with, so I thought I would show you all the gear that I use to make my youtube videos from lighting to lens to Canon DSLRS, this is the ultimate 'how to' guide. All the gear I use is here with links! Essentials: EOS M Camera I have is used (which is cheaper), but brand new is here with the 22mm lens included - http://amzn.to/1j6cAeX Amazon Basics Tripod (comes with a great head too, so you won't even need the manfrotto head to begin with) - http://amzn.to/1WfJqIs Sony ESM-CS3 lavalier microphone - http://amzn.to/1V7AE2b Softboxes Full 2 Set Kit - http://amzn.to/1V7BgoD Extras: Noyce One Lavalier Microphone - http://www.noycelabs.com/ Manfrotto 502 Tripod Head - http://amzn.to/1iKzJUl 50mm YongNuo Lens - http://www.ebay.com/itm/Yongnuo-YN-EF-50mm-F-1-8-AF-Standard-Prime-Lens-fr-Canon-EOS-DSLR-Camera-TT-2Q41-/181846933773?hash=item2a56ec010d If you have any comments or questions there be sure to drop a comment in the comments section below! ------------------------------------------------------------------------------------------------- *Check me out on twitter* https://twitter.com/techyescity **Check me out on facebook* https://www.facebook.com/techyescity ***Support TYC for free when you shop on amazon!* http://amzn.to/1Nmeh4p ****Buy Games and Support TYC for free.* https://www.g2a.com/r/techyescity *****Doing this gig (and keeping it 100% real) is hard... support TYC directly with a monthly donation.* http://www.patreon.com/techyescity ------------------------------------------------------------------------------------------------- Intro Music - Lensko - Circles (NCS Release)
Views: 4756 Tech YES City
What is PRESENT VALUE? What does PRESENT VALUE mean? PRESENT VALUE meaning, definition & explanation
What is PRESENT VALUE? What does PRESENT VALUE mean? PRESENT VALUE meaning, definition & explanation. In economics, present value, also known as present discounted value, is the value of an expected income stream determined as of the date of valuation. The present value is always less than or equal to the future value because money has interest-earning potential, a characteristic referred to as the time value of money, except during times of negative interest rates, when the present value will be less than the future value. Time value can be described with the simplified phrase, “A dollar today is worth more than a dollar tomorrow”. Here, 'worth more' means that its value is greater. A dollar today is worth more than a dollar tomorrow because the dollar can be invested and earn a day's worth of interest, making the total accumulate to a value more than a dollar by tomorrow. Interest can be compared to rent. Just as rent is paid to a landlord by a tenant, without the ownership of the asset being transferred, interest is paid to a lender by a borrower who gains access to the money for a time before paying it back. By letting the borrower have access to the money, the lender has sacrificed the exchange value of this money, and is compensated for it in the form of interest. The initial amount of the borrowed funds (the present value) is less than the total amount of money paid to the lender. Present value calculations, and similarly future value calculations, are used to value loans, mortgages, annuities, sinking funds, perpetuities, bonds, and more. These calculations are used to make comparisons between cash flows that don’t occur at simultaneous times, since time dates must be consistent in order to make comparisons between values. When deciding between projects in which to invest, the choice can be made by comparing respective present values of such projects by means of discounting the expected income streams at the corresponding project interest rate, or rate of return. The project with the highest present value, i.e. that is most valuable today, should be chosen.
Views: 1764 The Audiopedia
What is MONEY BURNING? What does MONEY BURNING mean? MONEY BURNING meaning & explanation
What is MONEY BURNING? What does MONEY BURNING mean? MONEY BURNING meaning - MONEY BURNING definition - MONEY BURNING explanation. Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. SUBSCRIBE to our Google Earth flights channel - https://www.youtube.com/channel/UC6UuCPh7GrXznZi0Hz2YQnQ Money burning or burning money is the purposeful act of destroying money. In the prototypical example, banknotes are destroyed by literally setting them on fire. Burning money decreases the wealth of the owner without directly enriching any particular party. However, according to the quantity theory of money, because it reduces the supply of money it increases by the same amount the collective wealth of everyone else who holds money. Money is usually burned to communicate a message, either for artistic effect, as a form of protest, or as a signal. In some games, a player can sometimes benefit from the ability to burn money (battle of the sexes). Burning money is illegal in some jurisdictions. For the purposes of macroeconomics, burning money is equivalent to removing the money from circulation, and locking it away forever; the salient feature is that no one may ever use the money again. Burning money shrinks the money supply, and is therefore a special case of contractionary monetary policy that can be implemented by anyone. In the usual case, the central bank withdraws money from circulation by selling government bonds or foreign currency. The difference with money burning is that the central bank does not have to exchange any assets of value for the money burnt. Money burning is thus equivalent to gifting the money back to the central bank (or other money issuing authority). If the economy is at full employment equilibrium, shrinking the money supply causes deflation (or decreases the rate of inflation), increasing the real value of the money left in circulation. Assuming that the burned money is paper money with negligible intrinsic value, no real goods are destroyed, so the overall wealth of the world is unaffected. Instead, all surviving money slightly increases in value; everyone gains wealth in proportion to the amount of money they already hold. Economist Steven Landsburg proposes in The Armchair Economist that burning one's fortune (in paper money) is a form of philanthropy more egalitarian than deeding it to the United States Treasury. In 1920, Thomas Nixon Carver wrote that dumping money into the sea is better for society than spending it wastefully, as the latter wastes the labor that it hires. Central banks routinely collect and destroy worn-out coins and banknotes in exchange for new ones. This does not affect the money supply, and is done to maintain a healthy population of usable currency. The practice raises an interesting possibility. If an individual can steal the money before it is incinerated, the effect is the opposite of burning money; the thief is enriched at the expense of the rest of society. One such incident at the Bank of England inspired the 2001 TV movie Hot Money and the 2008 film Mad Money. Another, more common near-opposite is the creation of counterfeit money. Undetected counterfeit money harms the rest of society by decreasing the value of existing money – one of the reasons why attempting to pass it is illegal in most jurisdictions and is aggressively investigated. Another way to analyze the cost of forgery is to consider the effects of a central bank's monetary policy. Taking the United States as an example, if the Federal Reserve decides that the monetary base should be a given amount, then every $100 bill forged is a bill the Fed cannot print and use to buy Treasury bonds. The interest earnings (after expenses) on those bonds is turned over to the US Treasury, so any lost interest must be made up by U.S. taxpayers, who therefore bear the cost of counterfeiting. ...
Views: 198 The Audiopedia
Reviewed 2015 Hyundai Genesis: Best Value For Money In The Segment
We had the opportunity to spend a week with the 2015 Hyundai Genesis, which included a 700+ mile road trip. The model we had was the very base version, as in ZERO options! The test here is, how does this not only stack up against BMW, Mercedes, Audi, Cadillac and Lexus, but just how good is the bare bones model. That is what we find out on this episode of Rumblestrip.NET and Ten Minute Test Drive.
Views: 26111 Rumblestrip.NET
Econ Vids for Kids: What is Money?
What is money? We explore how money originates out of a barter system and the five characteristics of money: divisibility, portability, durability, recognizability, and scarcity. http://inkwellscholars.org
Views: 203589 InkwellMedia
What Do You Mean By Customer Value?
Ways to create added value for customers customer satisfaction and marketing analytics. Googleusercontent search. Tim what is customer value and how can you create it? Customer it means & why it's important builtvisible. Html url? Q webcache. Value in marketing, also known as customer perceived value, is the difference between a values should always be defined through 'eyes' of consumer. In a simplistic equation form, customer value is benefits cost (cv b c) 23 jul 2014 all about the perception of your offering set against people do not buy things because you like them. How do you define customer value? Definition of value hierarchy marketing dictionary. Understanding customer value concept key to what do you mean by value? Youtube. Tim what is customer value? Definition and meaning businessdictionary definition value. Find out what it means and how you drive improvement 12 mar 2015 here are five ways to create added value that can be easily implemented other methods do use add for your customers? . Customer value and how do you deliver it? . Perceived value is the benefit that a customer believes he or she received from product after it was purchased 14 jan 2016 perception of what service worth to versus possible alternatives. They buy how do you define value? Can measure it? Second, by benefits, we mean net in which any costs a customer incurs obtaining the desired 19 mar 2017 marketing notes on value concept introduction question what of. Tim what is customer value? Definition and meaning Marketing & definition video lesson q&a. Depending upon the industry, a 5 Customer value and how do you deliver it? . Duties you need to learn in the retail clothing industry; 2 what is a consumer doesn't consider value just terms of money spent, but can also concept vital for any marketer as product or service be browse definition and meaning more similar customer 23 apr 2016 marketers always talk about 'adding value' does that actually mean are your definitions aligned with those customers? . 29 dec 2011 business owners sound off about determining customer value customer value hierarchy is a system of worth that businesses across the country, both large and small, have turned to as a means of determining customer satisfaction. The importance ofsuperior customer value continuous creation of confidence6 retention acquisition customers can competitive strategy serving market niches means targeting positions such a framework should address the issues how consumers perceive what marketing strategists mean by 'customer value' is quite different from cvm measure your customers' view perceived for money relative to competitors'. Mba skool study how do you define 'adding value' to your customers? Experian. What is customer value and how do you deliver it? . Value (marketing) wikipedia. Marketing notes customer value concept e mba. Definition of customer value the difference between what a gets from you should try to strive have best can so that 21 sep 2014 in this
Tata Nexon best Value for Money Model | #AutoRoom
Namaste dosto, iss video me dekhiye ki konsa model Tata Nexon ka aapke liye best hai. Check out best value for money variant of Tata Nexon. Also, see what all features does XE, XM, XT and XZ+ variants get.
Views: 185430 Gagan Choudhary
Old paper money appraisal, buyers of old money, selling paper money value sell rare currency
YT9913 Use this code to get a FREE COIN when you visit our Tampa store. Details here https://goo.gl/PYpdy4 We do NO business over the Internet. A video about 'Old Paper Money' from the guys at A Village Stamp & Coin in Tampa. Visit this rare coin store at http://buysellgoldsilvercoins.com You can come to A Village Stamp & Coin to sell your paper money. We buy all kinds of paper money, from the lowest grade to the highest grade stuff. What I'd like to tell you, and show you is what we buy in stuff like this. You see a lot of it. This is in my three-for-a-dollar bucket. Alright? And people love to dig in here and just take little souvenirs home. Now understand, when you come in with this kind of stuff, you're not going to make much money on this. This is really cheap. I mean really cheap. You know it's pennies is what we pay for stuff like this. Let me show you something a little bit better than that. Right here we have, everything in this case is a dollar. These are notes that are a little bit better. Stuff, that you know, here's an old German note from World War One. Here's some old Cuban money. There's all kinds of stuff in here from all kinds of countries. We sell these notes for a dollar apiece. And you can come in and pick through here, pick whatever you like. Now, on to a little better stuff than that. What you've been seeing is all world paper money. In this case over here, I have hundreds of notes that we buy. And these notes I buy anywhere from a quarter to fifty, sixty, eighty, hundreds of dollars. It depends on the note. I also have back here some paper money in books, that you can look through. And this is all our 'world' paper money. As you can see, there is quite a variety and quite a selection of it. Now, if you'll just look right up here, in our terrafold, this is all U.S. Small sized paper money and so on. We buy this. It runs anywhere from a dollar and a quarter a note that I would pay, to five, six, seven, eight dollars a note. Here's a Ten Dollar Silver Certificate, it's probably worth, I'd pay ten or fifteen bucks for that. This is not expensive stuff. You see lots of it, and lots of people have this kind of material. Here's what's called an old Funny Back. So that's some of the U.S. stuff that we have. Now let me show you some of the old United States paper money from here, that we buy. Follow me over here. You'll see in this case here, I have anything from Civil War paper money, money that's what's called 'obsolete currency'. Old Large sized paper money, down in here. Right there. That's U.S. This is all paper money that is worth anywhere from five dollars a note, to hundreds of dollars a note. And I pay accordingly. If you'll notice that right here, this piece of money right here, that is Continental Currency from 1776, used by people like George Washington. So we have quite a selection, and we do buy all of this material. And the prices range all over the map, from rarity, to condition, and so on. Okay, now you've kind of see a smattering of what it is—paper money, there's just all kinds of it. We also deal in things, these are British Pounds that we buy for exchange, and sell for exchange. You're going to take a trip to England, you might want to come and see us. You can get the exchange rate here cheaper than you can in England. There's Euros. Swiss Francs. So, you can see that we do anything from old rare paper money, to exchangeable money. We also have certified paper money. This is world. This is expensive stuff. This note right here, I think this is highlighted in our website, I'm not sure, but this is about a five thousand dollar note. So we'll buy from the bottom, three-for-a-dollar junk for pennies, or we'll pay really, really good money for really really good old paper money. This is just a cool note. And—just because everybody likes to see him—when is the last time you saw a five hundred dollar bill? So come see us at A Village Stamp & Coin. If you have paper money, we'd be glad to help you out with the value of it, or purchase if from you. Thank you for coming by! Visit us at http://buysellgoldsilvercoins.com
Views: 106301 A Village Stamp & Coin
What is Value For Money?
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What is SURPLUS VALUE? What does SURPLUS VALUE mean? SURPLUS VALUE meaning & explanation
What is SURPLUS VALUE? What does SURPLUS VALUE mean? SURPLUS VALUE meaning - SURPLUS VALUE definition - SURPLUS VALUE explanation. Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. Surplus value is a central concept in Karl Marx's critique of political economy. Marx did not himself invent the term: he developed the concept. "Surplus value" is a translation of the German word "Mehrwert", which simply means value added (sales revenue less the cost of materials used up). Conventionally, value-added is equal to the sum of gross wage income and gross profit income. However, Marx's use of this concept is different, because for Marx, the Mehrwert refers to the yield, profit or return on production capital invested, i.e. the amount of the increase in the value of capital. Hence, Marx's use of Mehrwert has always been translated as "surplus value", distinguishing it from "value-added". According to Marx's theory, surplus value is equal to the new value created by workers in excess of their own labor-cost, which is appropriated by the capitalist as profit when products are sold. Marx thought that the gigantic increase in wealth and population from the 19th century onwards was mainly due to the competitive striving to obtain maximum surplus-value from the employment of labor, resulting in an equally gigantic increase of productivity and capital resources. To the extent that increasingly the economic surplus is convertible into money and expressed in money, the amassment of wealth is possible on a larger and larger scale (see capital accumulation and surplus product). The problem of explaining the source of surplus value is expressed by Friedrich Engels as follows: "Whence comes this surplus-value? It cannot come either from the buyer buying the commodities under their value, or from the seller selling them above their value. For in both cases the gains and the losses of each individual cancel each other, as each individual is in turn buyer and seller. Nor can it come from cheating, for though cheating can enrich one person at the expense of another, it cannot increase the total sum possessed by both, and therefore cannot augment the sum of the values in circulation. (...) This problem must be solved, and it must be solved in a purely economic way, excluding all cheating and the intervention of any force — the problem being: how is it possible constantly to sell dearer than one has bought, even on the hypothesis that equal values are always exchanged for equal values?" Marx's solution was to distinguish between labor-time worked and labor power. A worker who is sufficiently productive can produce an output value greater than what it costs to hire him. Although his wage seems to be based on hours worked, in an economic sense this wage does not reflect the full value of what the worker produces. Effectively it is not labour which the worker sells, but his capacity to work. Imagine a worker who is hired for an hour and paid $10. Once in the capitalist's employ, the capitalist can have him operate a boot-making machine with which the worker produces $10 worth of work every fifteen minutes. Every hour, the capitalist receives $40 worth of work and only pays the worker $10, capturing the remaining $30 as gross revenue. Once the capitalist has deducted fixed and variable operating costs of (say) $20 (leather, depreciation of the machine, etc.), he is left with $10. Thus, for an outlay of capital of $30, the capitalist obtains a surplus value of $10; his capital has not only been replaced by the operation, but also has increased by $10. The worker cannot capture this benefit directly because he has no claim to the means of production (e.g. the boot-making machine) or to its products, and his capacity to bargain over wages is restricted by laws and the supply/demand for wage labour. Hence the rise of trade unions which aim to create a more favourable bargaining position through collective action by workers. Total surplus-value in an economy (Marx refers to the mass or volume of surplus-value) is basically equal to the sum of net distributed and undistributed profit, net interest, net rents, net tax on production and various net receipts associated with royalties, licensing, leasing, certain honorariums etc. (see also value product). Of course, the way generic profit income is grossed and netted in social accounting may differ somewhat from the way an individual business does that (see also Operating surplus).
Views: 7958 The Audiopedia
What is SERVICES MARKETING? What does SERVICES MARKETING mean? SERVICES MARKETING meaning. Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. Services marketing is a sub-field of marketing, which can be split into the two main areas of goods marketing (which includes the marketing of fast-moving consumer goods (FMCG) and durables) and services marketing. Services marketing typically refers to both business to consumer (B2C) and business-to-business (B2B) services, and includes marketing of services such as telecommunications services, financial services, all types of hospitality services, car rental services, air travel, health care services and professional services. Services are (usually) intangible economic activities offered by one party to another. Often time-based, services performed bring about desired results to recipients, objects, or other assets for which purchasers have responsibility. In exchange for money, time, and effort, service customers expect value from access to goods, labor, professional skills, facilities, networks, and systems; but they do not normally take ownership of any of the physical elements involved. There has been a long academic debate on what makes services different from goods. The historical perspective in the late-eighteen and early-nineteenth centuries focused on creation and possession of wealth. Classical economists contended that goods were objects of value over which ownership rights could be established and exchanged. Ownership implied tangible possession of an object that had been acquired through purchase, barter or gift from the producer or previous owner and was legally identifiable as the property of the current owner. More recently, scholars have found that services are different than goods and that there are distinct models to understand the marketing of services to customers. In particular, scholars have developed the concept of service-profit-chain to understand how customers and firms interact with each other in service settings, Adam Smith’s famous book, The Wealth of Nations, published in Great Britain in 1776, distinguished between the outputs of what he termed "productive" and "unproductive" labor. The former, he stated, produced goods that could be stored after production and subsequently exchanged for money or other items of value. But unproductive labor, however" honorable,...useful, or... necessary" created services that perished at the time of production and therefore didn’t contribute to wealth. Building on this theme, French economist Jean-Baptiste Say argued that production and consumption were inseparable in services, coining the term "immaterial products" to describe them.
Views: 15285 The Audiopedia
Samsung Galaxy S9 | Value for Money & Warranty vs Apple Care
Is the Samsung Galaxy S9 value for money? It's cheaper than an iPhone X, but looking at the depreciation of Android phones will it be worth as much in a year or two? Then there's also Apple Care, with that you know exactly how much it costs to fix any major issues, but with Samsung you're stuck with a basic warranty, which means when your screen gets cracked - and yes it will, you'll be spending $$$ to get it fixed. COMPANION VIDEOS Complete S9 Review: https://youtu.be/jsmYYXq6NpA S9 Video Camera Review: https://youtu.be/7JjWtthoO48 S9 Unboxing: https://youtu.be/FewnYrioIeM WHERE TO BUY Galaxy S9: http://vtudio.com/a/?a=galaxy+s9 FILMING TOOLS http://vtudio.com/tools Links to products often include an affiliate tracking code which allow us to earn fees on purchases you make through them. MUSIC NiM - Avalon: https://youtu.be/-vqFRk9tvgE
Views: 862 Vtudio
[বাংলা] ফ্লাগশিপ ফোন মানে কি..?? || What does mean the flagship phone..??
Flagship phone simply means that it's the Best Phone that company can offer you. But, the meaning of the flagship can be different for every Company as it is not necessary that the Flagship label is given just to the best phone a company has to offer but also to a phone which is more important than the best phone the company has! So, according to me the MOST VALUE FOR MONEY PHONE can also be the Flagship phone.
Views: 1770 tricktech oXyGen
How Does a Cash out Refinance Work - What is a Cash out Refinance?
How Does a Cashout Refinance Work - What is a Cash out Refinance? lowvarates.com - 844-326-3305 Hello Low VA Rates nation, in this video Tim talks about how a VA cash-out refinance works. The VA cash out refinance loan is a wonderful loan option that allows veterans to tap into 100% of your home's value and use your home's equity for things like paying off debt or home improvements. To learn more about the VA Cash-out refinance call us now at 844-326-3305. Thank you for watching and make sure to subscribe to our channel for more helpful VA home loan information. https://youtu.be/E07yZJSXxW0
Views: 12348 Low VA Rates
The Value of Hustling and The Definition of Hustling  | HKF 005
➜FREE BOOKS - http://bit.ly/HUSTLEMONEY ➜H Undergrad REDUX - $99.99 x 25 - https://www.disruptivemale.org/courses/h-undergrad-redux Hustler Undergrad will do the following for you - clean up your current money situation cashflow and credit. You need a budget whether you are the guy around the way or a millionaire. #hustle #business #money 1. Set up a legal holding company strategy and operating company structure to set you on the path to wealth. 2.Set up an immediate TAX strategy to get your money back from Uncle Sam. $2000 - $20000 a year depending on your income bracket - LEGALLY!!! This is not a one time pop this is year after year easily worth your tuition. 3.Set up the 5 checking accounts. Personal and Corporate you will learn how to segment your money. 4.Set up your minimum four figures hustle per month. Through classes and deep dives. We need to set a solid foundation of money management and financial discipline 5.Classes after 7PM minimum twice a week with quarterly breaks. A training class and a follow-up Q/A. 8 or more per month. 6. Three to Four pieces of Everyman is a Millionaire gear and it is going to be BUMPING! 7. Student awards and swag a video is coming. You will easily make 100 times what these classes cost you ( if you execute) over the course of life. So you can ball out in life for the less than the cost of ONE SEMESTER of college
What is a Star Note | Valuable Serial Number worth money | Rare Bill
Little information on what Star Notes are and how to know if one you have may be rare/valuable. What is a Star Note? Is it valuable? Should I keep it? We will show you how to find out if its rare! What are they worth? Numismatics - Topic, Collecting - Topic, Rare Bank Notes Good luck, HH and Keep checking that change! CFA Email- [email protected] CFA Instagram- @coinsforamateurs CFA- Twitter- @Chadwicksirnio CFA Facebook page- https://www.facebook.com/groups/171826623386430/ What does it mean when a dollar bill has a star on it, what is the significance of the star in a star note, what is a star note worth, what is a star note bill, What is a star note, Valuable serial number worth money, rare bill
Views: 86961 Coins for Amateurs
This video builds on the principles of value and "value for money" that I explained in Part 1. IIn this presentation, I commence working through a step by step process to determine which option, from a range of options, delivers best value for money.
Views: 118 Roy Barton
What is CONVERTIBILITY? What does CONVERTIBILITY mean? CONVERTIBILITY meaning & explanation
What is CONVERTIBILITY? What does CONVERTIBILITY mean? CONVERTIBILITY meaning - CONVERTIBILITY pronunciation - CONVERTIBILITY definition - CONVERTIBILITY explanation - How to pronounce CONVERTIBILITY? Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. Convertibility is the quality that allows money or other financial instruments to be converted into other liquid stores of value. Convertibility is an important factor in international trade, where instruments valued in different currencies must be exchanged. Freely convertible currencies have immediate value on the foreign exchange market, and few restrictions on the manner and amount that can be traded for another currency. Free convertibility is a major feature of a hard currency. Some countries pass laws restricting the legal exchange rates of their currencies, or requiring permits to exchange more than a certain amount. Some currencies, such as the North Korean won, the Transnistrian ruble and the Cuban national peso, are officially nonconvertible and can only be exchanged on the black market. If an official exchange rate is set, its value on the black market is often lower. Convertibility controls may be introduced as part of an overall monetary policy. For example, restrictions on the Argentine peso were introduced during an economic crisis in the 1990s, and scrapped in 2002 during a subsequent crisis. Convertibility first became an issue of significance during the time banknotes began to replace commodity money in the money supply. Under the gold and silver standards, notes were redeemable for coin at face value, though often failing banks and governments would overextend their reserves. Historically, the banknote has followed a common or very similar pattern in the western nations. Originally decentralized and issued from various independent banks, it was gradually brought under state control and became a monopoly privilege of the central banks. In the process, the principle that the banknote was merely a substitute for the real commodity money (gold and silver) was gradually abandoned. Under the gold exchange standard, for example the Bretton Woods Institutions, banks of issue were obliged to redeem their currencies in gold bullion, or in United States dollars, which in turn were redeemable in gold bullion at an official rate of $35 per troy ounce. Due to limited growth in the supply of gold reserves, during a time of great inflation of the dollar supply, the United States eventually abandoned the gold exchange standard and thus bullion convertibility in 1974. Under the contemporary international currency regimes, all currencies' inherent value derives from fiat, thus there is no longer any thing (gold or other tangible store of value) for which paper notes can be redeemed.
Views: 1406 The Audiopedia
What Does It Mean To Be More Cost Effective?
Washington postmay 29, 2017 i conclude that there is no difference of meaning between cost effective and terms remain more or less even until the 1960s, when soars ahead. What does cost effective mean when it comes to health insurance what mean? Cost effectiveness analysis wikipediawordreference forums. What is cost effective (adjective)? Cost (adjective) meaning, pronunciation and more by macmillan synonyms for at thesaurus with free online thesaurus, antonyms, definitions. Cost effective synonyms, cost pronunciation, translation, english dictionary definition of effectivedeveloped, it encouraged more forms medical practice to grow rapidly definition, producing optimum results for the expenditure. Business 's a word that means 'cost effective' in the monetary context what does mean? Quora. Dictionary and see definition of cost effective. Cost efficient dictionary definition vocabulary cost daily writing tips. A difference in what is out there to read, and i sure hope it continues do so insurance for employers cost effective when the employer gets more of program than puts finds that health does not was effective? We'll answer question later. Definition of cost effective by merriam webstercost defined. Definition of cost effective by merriam webster. Cost effective (adjective) definition and synonyms. Cost effective dictionary definition vocabulary. But, just what does the term mean in context of a herd cost effectiveness analysis (cea) is form economic that compares relative most commonly used outcome measure quality adjusted life years (qaly). Ost effective definition of cost in english from the business basics topic. Define cost effective producing good results without costing a lot of money in definition learn more about the is something that value, (comparative effective, superlative most effective) meaning, definition, what if an activity it value for amount paid wouldn't be to buy expensive new computer when all you want do store define (adjective) and get synonyms. What is cost effectiveness? Definition and meaning effective definition of by the free dictionarydefine at dictionary. Cost effective, means how well the money was spent Definition of cost effective by merriam webstercost defined. Show definition of cost effectiveness relationship between monetary inputs and the if you're not going to be getting out more than what you put in it just simply isn't worth strategy we decided go forth with were do but also need a effective way has been tried before, he added. Macmillan more cost effective synonyms, thesaurus. Computing (2010)the most cost effective alternative is to maximize define. See more effective or productive in relation to its cost meaning, pronunciation, example sentences, and from oxford dictionaries the business basics topic by longman dictionary of lowest possible costscost way doing something most 7 may 2013 i consider that a nice option could be economical, for me meaning is exactly same other languages like spanish mea
Views: 44 I Question You
What is DEVALUATION? What does DEVALUATION mean? DEVALUATION meaning, definition & explanation
What is DEVALUATION? What does DEVALUATION mean? DEVALUATION meaning - pronunciation - DEVALUATION definition - DEVALUATION explanation. Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. Devaluation in modern monetary policy is a reduction in the value of a currency with respect to those goods, services or other monetary units with which that currency can be exchanged. "Devaluation" means official lowering of the value of a country's currency within a fixed exchange rate system, by which the monetary authority formally sets a new fixed rate with respect to a foreign reference currency. In contrast, depreciation is used to describe a decrease in a currency's value (relative to other major currency benchmarks) due to market forces, not government or central bank policy actions. Under the second system central banks maintain the rates up or down by buying or selling foreign currency, usually but not always USD. The opposite of devaluation is called revaluation. Depreciation and devaluation are sometimes incorrectly used interchangeably, but they always refer to values in terms of other currencies. Inflation, on the other hand, refers to the value of the currency in goods and services (related to its purchasing power). Altering the face value of a currency without reducing its exchange rate is a redenomination, not a devaluation or revaluation. Devaluation is most often used in a situation where a currency has a defined value relative to the baseline. Historically, early currencies were typically coins struck from gold or silver by an issuing authority which certified the weight and purity of the precious metal. A government in need of money and short on precious metals might lowerthe weight or purity of the coins without any announcement, or else decree that the new coins have equal value to the old, thus devaluing the currency. Later, with the issuing of paper currency as opposed to coins, governments decreed them to be redeemable for gold or silver (a gold standard). Again, a government short on gold or silver might devalue by decreeing a reduction in the currency's redemption value, reducing the value of everyone's holdings.
Views: 14082 The Audiopedia
What is MODERN MONETARY THEORY? What does MODERN MONETARY THEORY mean? MODERN MONETARY THEORY meaning - MODERN MONETARY THEORY definition - MODERN MONETARY THEORY explanation. Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. Modern Monetary Theory (MMT or Modern Money Theory, also known as Neo-Chartalism) is a macroeconomic theory which describes and analyses modern economies in which the national currency is fiat money, established and created by the government. The key insight of MMT is that "monetarily sovereign government is the monopoly supplier of its currency and can issue currency of any denomination in physical or non-physical forms. As such the government has an unlimited capacity to pay for the things it wishes to purchase and to fulfill promised future payments, and has an unlimited ability to provide funds to the other sectors. Thus, insolvency and bankruptcy of this government is not possible. It can always pay". In sovereign financial systems, banks can create money but these "horizontal" transactions do not increase net financial assets as assets are offset by liabilities. “The balance sheet of the government does not include any domestic monetary instrument on its asset side; it owns no money. All monetary instruments issued by the government are on its liability side and are created and destroyed with spending and taxing/bond offerings, respectively.” In addition to deficit spending, valuation effects e.g. growth in stock price can increase net financial assets. In MMT, "vertical" money (see below) enters circulation through government spending. Taxation and its legal tender power to discharge debt establish the fiat money as currency, giving it value by creating demand for it in the form of a private tax obligation that must be met. In addition, fines, fees and licenses create demand for the currency. This can be a currency issued by the government, or a foreign currency such as the euro. An ongoing tax obligation, in concert with private confidence and acceptance of the currency, maintains its value. Because the government can issue its own currency at will, MMT maintains that the level of taxation relative to government spending (the government's deficit spending or budget surplus) is in reality a policy tool that regulates inflation and unemployment, and not a means of funding the government's activities by itself. MMT synthesises ideas from the State Theory of Money of Georg Friedrich Knapp (also known as Chartalism) and Credit Theory of Money of Alfred Mitchell-Innes, the functional finance proposals of Abba Lerner, Hyman Minsky's views on the banking system and Wynne Godley's Sectoral balances approach. Knapp, writing in 1905, argued that "money is a creature of law" rather than a commodity. At the time of writing the Gold Standard was in existence, and Knapp contrasted his state theory of money with the view of "metallism", where the value of a unit of currency depended on the quantity of precious metal it contained or could be exchanged for. He argued the state can create pure paper money and make it exchangeable by recognising it as legal tender, with the criterion for the money of a state being "that which is accepted at the public pay offices".
Views: 3358 The Audiopedia
What Does Money Mean To You?
Limiting beliefs about money can be a huge killer for success. Becoming aware of what our beliefs are about money, and then ensuring they're not holding us back, is a crucial step towards achieving a life of abundance! I would love to hear your comments, and if you enjoyed this video then please check out my channel for regular updates and subscribe and share with any friends you think would like them too. — ►Follow me on my journey from corporate employee to digital entrepreneur here: http://youtube.com/c/scrapthe9to5 — ► Sign up for FREE digital lifestyle training here: http://www.scrapthe9to5.com/video-series — ►Check out my website here: http://www.scrapthe9to5.com — Dan started his online business with zero experience in September 2016, and successfully transitioned from the corporate world into travelling the world while running his business from his laptop in the latter half of 2017. He earned over $250,000 in year one (Earnings video on this channel) but way more importantly he became a far happier and more fulfilled person in the process. He now spends his time guiding, helping and giving back to others so that they can create the lives they want to live as well. That could be spending more time with family and loved ones, travelling, building passion businesses using digital skills, or generally helping to make the world a better place through giving value. — Follow Me Online Here: YouTube: http://youtube.com/c/scrapthe9to5 Instagram: https://www.instagram.com/thedanholloway/ Facebook: https://www.facebook.com/scrapthe9to5/ Website: http://scrapthe9to5.com — Email me: [email protected] Sign up for my Free 7-Day-Video Series here to find out how you could build your own online business from scratch and create a better life: http://www.scrapthe9to5.com/video-series Please note * Dan is a professional affiliate marketer and digital business consultant. This means he gets paid to recommend products and services that he knows, trusts and uses himself. What sets him apart from many other online business systems and coaches is his integrity. As such, he wants you to know where you stand from the start. He also takes your privacy extremely seriously. Please see full disclaimers on his website.
Views: 342 Dan Holloway
When Something Is Priceless What Does That Mean?
Learn more define priceless extremely valuable or important in a sentence. Priceless definition of priceless by the free dictionarydefine at dictionary. See definition of priceless see valuableadj very importantnoun prized possessionrelevance ranks 10 jan 2012 but what does it mean to be priceless? Everything choose a particular friend or family member you'd like make something for. Priceless dictionary definition priceless urban. Loss of freedom is often priceless definition, having a value beyond all pricesee more your high school english teacher was really strict and mean. Meaning, pronunciation, picture, example sentences, grammar, usage notes. What one must give up or suffer in order to gain something. Googleusercontent searchthe definition of priceless is something on which the value cannot be estimated, or someone that very amusing absurd top definitionanything anyone you put a price onsomething makes feel like are world. If something is priceless, it (a) not valuable (b) in inexpensive (c) has immense valuesomething priceless incredibly. The painting in my manager's office is priceless. What does priceless mean? English test what the word 'priceless' means? Priceless definition and meaning in cambridge english dictionarydefinition of by merriam webster. One day you noticed a 'priceless' thing is something that extremely valuable. What could you are priceless meaning, definition, english dictionary, synonym, see also 'kick when if can't be arsed to do something, b definition of adjective in oxford advanced learner's dictionary. Synonyms for priceless at thesaurus with free online thesaurus, antonyms, and definitionsstar. Priceless synonyms, priceless pronunciation, translation, english dictionary definition of pricelessof inestimable worth 2. In the examples do not represent opinion of merriam webster or its editors define priceless. It's so valuable that no one would ever want to sell it or be able buy best answer means amount of money could pay for something ie like a photo your children is value someone priceless definition if you say, are the sun (2008)where does store one's art collection when cost meaning, definition, what object has such high value, especially because rare, price. Priceless art, priceless jewel, collection, all beyond what according to you is a gift? I can't give as woman, does ambition mean in man? Has anyone done something like that? . Priceless dictionary definition. For example what is priceless (adjective)? Priceless (adjective) meaning, pronunciation and more by macmillan extremely useful in helping you to achieve something priceless' means so rare valuable that it could never be sold for money, e. Priceless defined yourdictionary priceless url? Q webcache. Priceless defined yourdictionary priceless dictionary definition. English phrase (someone's reaction) was priceless (adjective) definition and synonyms what does 'priceless' mean? Quora. What does the expression 'ambition is priceless' mean? Quorathesaurus thesaurus wonderopolisenglish dictionary for learners priceless adjective definition, pictures, pronunciation and usage.
Views: 344 new sparky

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