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caelanho

Bitcoin: The opportunity costs of mining for money - 0 views

theweek.com/...nity-costs-of-mining-for-money

What is the opportunity cost of using virtual money rather than paper money?

shared by caelanho on 17 Sep 14 - No Cached
  • caelanho on 17 Sep 14
     
    The future of money is to mine virtually as there will be less counterfeit and it will be easier for consumers to access their cash.
lizzy97

Korea's terms of trade improve on weaker import prices in Dec. - 0 views

www.koreaherald.com/view.php

terms of trade

shared by lizzy97 on 25 Jan 16 - No Cached
  • lizzy97 on 25 Jan 16
     
    This article discuses Korea's terms of trade. Specifically, in the year of 2015, it's terms of trade have improved as a result of the weaker import prices. This relates to what we have learned in class this week as we know that one of the short term causes of change of a country's terms of trade is changes in the condition of demand and supply.
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