[SOLVED] Discuss the following statements: Without money, everything would become more expensive. In countries such as Zimbabwe, which had problems with high inflation, the increased use of another country’s c – Economics

by | Jul 12, 2022 | Economics

Discuss the following statements: Without money, everything would become more expensive. In countries such as Zimbabwe, which had problems with high inflation, the increased use of another country’s currency (such as the U.S. dollar or South African rand) became common. Why do you suppose this occurred?Make sure you use the readings to support your discussion and don’t forget to cite and list your sources.Response should be at least 250 words.Please review the following background materials:5 Stages of Evolution of Money, from Your Article LibraryUse the “Tiny URL” to access the site: https://tinyurl.com/y9n6adgzIf the “TinyURL” is not working, here is the full URL:http://www.yourarticlelibrary.com/economics/money/5-stages-of-evolution-of-money/30311/The History of Money: From Barter to Banknotes, Investopedia 2015Use the ‘TinyURL’ to access the site: https://tinyurl.com/d78f5uyIf this is not working, here is the full URL:http://www.investopedia.com/articles/07/roots_of_money.aspThe Fed – Monetary Policy, by the Board of Governors of the Federal Reserve System. Read the paragraph under Monetary Policy and then click ‘Learn more’ and the page on Purposes & Functions. Click on the image for each of the seven areas to get more information about that specific topic.Use the ‘TinyURL’ to access the site: https://tinyurl.com/ybjaojhrIf it is not working, here is the full URL:https://www.federalreserve.gov/monetarypolicy.htmFederal Reserve Tools and How They Work, from The Balance, 2016Use the ‘TinyURL’ to access the site: https://tinyurl.com/y9sh8szjIf it is not working, here is the full URL:https://www.thebalance.com/federal-reserve-tools-and-how-they-work-3306134What are the Effects of Inflation on the Economy? From the Balance, 2017Use the ‘TinyURL’ to access the site: https://tinyurl.com/y99pb4pcIf it is not working, here is the full URL:https://www.thebalance.com/what-are-the-effects-of-inflation-357607Monetary Policy Tools: How They Work, US Economy, 2017Use the ‘TinyURL’ to access the site: https://tinyurl.com/ya38jsbxIf it is not working, here is the full URL:https://www.thebalance.com/monetary-policy-tools-how-they-work-3306129



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