What is dear money and cheap money?
Table of Contents
What is dear money and cheap money?
What is the relationship between ‘Dear money’ & ‘Cheap money’ in Economics Terminology? Answer: [B] Both of them are antonyms. Notes: Dear money is available at exceptionally high rate of interest and cheap money is available at very low rates.
What is near and dear money?
What is Near Money? Near money is a term in financial economics, describing highly liquid non-cash assets that are easily convertible into cash. Savings accounts, deposit certificates (CDs), foreign currencies, money market accounts, marketable securities, and Treasury bills are examples of near-money assets.
What is dear money policy?
Meaning of dear-money policy in English a government policy that makes it expensive to borrow money, used as a way of reducing the amount of money being spent in a country: The finance minister said he could not accept the dear-money policy as it would have an adverse impact on overall growth.
What is easy money and tight money?
Easy money policies are implemented during recessions, while tight money policies are implemented during times of high inflation. Tight money policies are designed to slow business activity and help stabilize prices. The Fed will raise interest rates at this time.
What is meant by plastic money?
Plastic money is a term coined keeping in view the increasing number of transactions taking place on the part of consumer for paying for transactions incurred by them to purchase goods and services physically and virtually. It includes credit cards, debit cards, pre-paid balance cards, smart cards etc.
What was cheap money?
Cheap money is a loan or credit with a low interest rate or the setting of low interest rates by a central bank like the Federal Reserve. Cheap money can potentially have detrimental economic consequences as borrowers take on excessive leverage if the borrower is eventually unable to pay all of the loans back.
What is plastic money?
How can I earn easy money?
The Best Ways to Make Money Fast
- Reduce Spending by Refinancing Debts.
- Earn Quick Cash With Online Surveys.
- Get Paid to Shop.
- Collect Cash from Microinvesting Apps.
- Get paid to drive people in your car.
- Deliver Food for Local Restaurants.
- Rent Out a Room in Your House.
- Score a Bonus with a New Bank Account.
https://www.youtube.com/watch?v=P5N8IEylzy8