asst7 - AGEC 217 Assignment 7 RWTaylor Due: Friday, 3/2/07...

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AGEC 217 Assignment 7 RWTaylor Due: Friday, 3/2/07 Name __________________________ Seat No. _____________ 1. Using the definition of money for AGEC 217, what are the three parts of the money supply? Based on the amount of money you have on Tuesday of this week, list the three kinds of money you have from the largest to the smallest. _______________________, _______________________, ________________________ 2. If things go as planned, when you finish college and begin your career, how much is your annual income likely to be? $______________ 3. Is the amount of money you have the same as the amount of your income? _______ 4. Consider a person who graduates from college, gets a high paying job but is faced with the need to buy a new wardrobe, a new car, some furniture and get settled in a new apartment. Explain what is likely to happen to amount of both money and income of the graduate as he moves from the month before graduation to the month after graduation. Money: ___________________________________________________________
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asst7 - AGEC 217 Assignment 7 RWTaylor Due: Friday, 3/2/07...

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