12 Commodity currencies are less prone to inflation since they have value as commodities and thus are melted down – smelted - when prices reach a certain point. True or False? Explain

The following report is the amount of various currencies on December 31, 2015 owned by Jordan Exchange Company, as shown below Student Name Student ID EXI D Jordan Exchange Company Currencies Report at December 31, 2015 Currency Existing Quantity Purchasing Price Market Price Value of Existing Currency In JD at: Purchase Price Market Price Lower Price US Dollar 50000 0.709 0.708 222 999 British Pound 20000 0.99 1.01 999 227 Australian Dollar 15000 0.515 0.52 ??? 222 292 Euro 5000 0.769 0.768 Required: 1. Create a new work sheet (Currencies), and enter previous data in it. 2. Insert necessary equations in the related cells to calculate the value of existing currencies in JOD at purchase price and market prices. 3. Use (IF) function to calculate the value of existing currencies in JOD at lower of purchase or market price.

5,If the central bank sells government securities from the private sector-money markets, other things being equal, what would the effect be on the following? a) Economic activity and inflation

Match the moneys source of value with the example