The idea of sending money via email has been only a dream for the past few years. Now you can send money to people via the Internet in a variety of different ways and from a variety of different companies. The most successful e-cash provider to date has been PayPal. The company claims to do $10 million a day in transactions for more than 10,000 merchants, including the very successful eBay. .
The way most e-money provider's work is that you register for there service and provide them with your basic information such as name, address, and telephone number. You then must provide a way to fund your account, most of the time this is done either by a credit card or a bank account. You then only need an email address to send a person money. The money comes directly out of either you credit card or bank account. For a person to withdraw the money they receive it is usually done by doing an electronic funds transfer to a bank account. Most of the time this process takes about 2 to 3 days to complete. Another way is to have the company send you an actual check in the mail. .
A very big concern for many people about sending money via is the Internet is security and privacy. Given the extreme ease of sending money, security measures have to kick in somewhere along the line. Most places have a daily sending and receiving limit to help reduce the chance of fraud. Privacy of information is another concern of the users. Most provide guarantees that personal information will only be used by them and not sold or traded to anyone else.
A question often asked is how do these payment services make money? Since it's usually free to send money it seems it would be difficult for the company to make a profit and end the long run the money you send could be at risk. Most services charge a fee to receive the money. It is very similar to a merchant rate charged to businesses by credit card companies.
The study of macroeconomics examines interactions of individuals on a very large scale. ... This paper discusses a few scenarios that we see every day including purchasing groceries, massive layoffs, and decreasing taxes that show the importance of macroeconomics. ... Conclusion Macroeconomics gives us a basic understanding of societal behavior on an overall larger scale. ...
The macroeconomic variables are the independent variables and the stock prices are the dependent variables. The regression will analyse if the stock prices are "dependant- on the macroeconomic variables i.e. is there a statistically significant relationship between stock prices and certain macroeconomic factors. This statistical relationship can be used to deduce if and how macroeconomic factors affect stock market volatility. ... The following are the suggested relationships between stock price and each macroeconomic factor: CPI: The CPI is also a measure of inflation in macroeconomic ...
The region's tradition of macroeconomic stability In a globalised world where market anxieties can spread quickly from one country to another, thus exposing underlying weaknesses and policy inconsistencies, sound prudent macroeconomic management receives even more importance than in the past. ...
The IMF "standard form is a set of quantitative conditions on macroeconomic variables attached to a stand-by agreement."" ... However, in continuing the application of the same conditions designed to regain macroeconomic stability after macroeconomic stability has been restored seems unreasonable. ... This usually requires the same strong macroeconomic medicine for different countries just as doctors prescribe antibiotics for individual cases of pneumonia. ... At that point, macroeconomic concerns should become only one factor along with growth, poverty reduction and public education. This...
International Trade, Exchange Rates and Macroeconomic Policy A Report Contents: • Foreign Trade and the Balance of Payments • Exchange Rates • Babur • Exchange Rate Systems • Net Exports • FOREIGN TRADE & BALANCE OF PAYMENTS FOREIGN TRADE Foreign trade is the exchange of goods and services between different countries. ...
Microeconomic policies are also complementary to the government's macroeconomic strategy. ... For this reason both microeconomic and macroeconomic policies have been the focus of government policy since the 1980s. Realisation that the traditional macroeconomic policies were limited in addressing issues related to current account deficits, low levels of national saving and structural unemployment. ... The objectives of microeconomic reform are also linked to macroeconomic objectives. If microeconomic reforms are successful, they will contribute to a better Australian macroeconomic performa...
In this essay I will be comparing the UK economy with that of the US, based on macroeconomic performance. To begin with I will set out what the most important dimensions in macroeconomic performance are. ... Macroeconomics is the study of the economy as a system . ... A country's macroeconomic performance is based on a variety of factors such as unemployment, exchange rate, inflation, GDP (Gross Domestic produce) etc. ... So there are three dimensions of macroeconomic performance that I feel would be important in assessing a countries macroeconomic performance. ...
Another important macroeconomic factor that should be taken into consideration would be that Tip-Top is one of a number of similar businesses in the local area. This means that they must consider their competitors, making competition another important macroeconomic consideration. ... Distribution channels include direct marketing through stores which are also a macroeconomic factor. ...
Economy 201 - MACROECONOMICS September 24, 2002. 1- Define supply and demand. Define surplus and shortage. In your opinion, is our market system in an equilibrium condition?. Why or why not?. Are you a consumer being satisfied in the market?. Why or why not?. Give examples to support your conc...
As politicians debate how to "spend the surpluses," renewed calls that monetary policy will need to be adjusted to fiscal policy changes represent a replay of monetary/fiscal policy mix framework that has led to macroeconomics policy mistakes in the pas and, if pursued, could again unhinge the foundations for sustained healthy economic expansion. ... Nothing in macroeconomics could be further from the truth, confirmed repeatedly through history. Moreover, the resurfacing of the fiscal/monetary policy mix framework draws the macroeconomics policy debate back into short-run stabilization consid...
