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I need some assistance with these assignment. austerity and stimulus dispute Thank you in advance for the help! A good example is what is being witnessed in Greece where the economy has been observed to decrease by 5% every year. Governments should adapt to the idea of spending to boost the economy and also concentrate on balancing the books as the private sector facilitates the economy to rise. It is strange how the people who believe in austerity see this as an impossible move and believe that you can not spend when you got a debt. Keynes Theory The stimulus vs. austerity argument arises the debate about if the money supply should be increased or reduced. The difference between function one and function three views of money brings up a big debate. Also, the creditors and debtors have a conflict of interest here. Creditors prefer level three. They are more concerned with the store of value and want their money to increase value and be worth something when they are paid back. Debtors propose to earn less money and pay back real terms. Multiplier The battle between austerity and stimulus mainly bases around money as a vital factor that greatly determines there strength. Money functions are sub-divided into three which include: a medium of exchange, a unit of account and a measured store of value. These three functions bring out the difference between the stimulus and austerity. In the first function where money acts as a medium of exchange, it is a physical representation of a transaction. In such a case, money can be represented in the form of coins, golden bullions notes and even cowrie shells. Whereas at the same time the medium of exchange may not be physical like transferring money from one bank account to another through a BACS transfer. The digital tokens are later transferred between two computer systems (Lendman,&nbsp. 2013, p. 10)

I need some assistance with these assignment. austerity and stimulus dispute Thank you in advance for the help! A good example is what is being witnessed in Greece where the economy has been observed to decrease by 5% every year. Governments should adapt to the idea of spending to boost the economy and also concentrate on balancing the books as the private sector facilitates the economy to rise. It is strange how the people who believe in austerity see this as an impossible move and believe that you can not spend when you got a debt. Keynes Theory The stimulus vs. austerity argument arises the debate about if the money supply should be increased or reduced. The difference between function one and function three views of money brings up a big debate. Also, the creditors and debtors have a conflict of interest here. Creditors prefer level three. They are more concerned with the store of value and want their money to increase value and be worth something when they are paid back. Debtors propose to earn less money and pay back real terms. Multiplier The battle between austerity and stimulus mainly bases around money as a vital factor that greatly determines there strength. Money functions are sub-divided into three which include: a medium of exchange, a unit of account and a measured store of value. These three functions bring out the difference between the stimulus and austerity. In the first function where money acts as a medium of exchange, it is a physical representation of a transaction. In such a case, money can be represented in the form of coins, golden bullions notes and even cowrie shells. Whereas at the same time the medium of exchange may not be physical like transferring money from one bank account to another through a BACS transfer. The digital tokens are later transferred between two computer systems (Lendman,&nbsp. 2013, p. 10)

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