ECON202assignment3

ECON202assignment3 - ECON 202, SPRING 2009 Malhar Nabar...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
ECON 202, SPRING 2009 Malhar Nabar Assignment #3 Assigned: March 30 Due: In my mailbox 11am, Tuesday, April 7. Note : There are seven questions in total. You may consult with other students, but please turn in your own individual answer sheet with the names of all group members listed on the front page. 1. Please consult the articles on Zimbabwe and the Berkshires from the New York Times, and on the future of cash from the Economist (available in the articles sub-conference). a. What are the advantages to customers and merchants of the new cellphone-based payment systems over cash? Over credit cards? b. According to the article from the Economist, why will cash endure as a means of payment? c. What crucial social element does the experiment with an alternative currency in the Berk- illustrate? d. causing and ending hyperin±ations. 2. Please consult Sections I and II of the Nobel Lecture, ²Monetary Neutrality³by Robert Lucas, Journal of Political Economy, 1996. This article is available on the course conference. a.
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 06/15/2010 for the course ECON 202 taught by Professor Nabar during the Spring '08 term at Wellesley College.

Page1 / 3

ECON202assignment3 - ECON 202, SPRING 2009 Malhar Nabar...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online