Easily Replace Currency to the Demand Note

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How to Replace Currency to the Demand Note

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- [Instructor] Talk a little bit about what could cause a supply or a demand curve for a currency to shift. So here we have the foreign exchange market for the Chinese yuan which is why we have the quantity of yuan on the horizontal axis and the price of the yuan in terms of another currency on the vertical axis and here that other currency is the US dollar. And associated with, lets just call this S sub one, our supply curve, and D sub one, our demand curve, you have at the intersection an equilibrium point. We have talked about this in other videos. Lets call that e sub one. This would be some dollar price for a yuan. Maybe its 10 US cents per yuan. And then associated that is also an equilibrium quantity, Q sub one. That would be a certain amount of yuan that is trading hands in a certain time period, whatever the time period this graph or this model applies to. So one big way to think about what would influence supply and demand is think about who holds the supply, and then who

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What is demand note in USA?

A demand note is a promissory note that becomes payable any time the holder of the note requests payment. This differs from notes that are due by a certain date or have a repayment schedule. Sometimes, banks are willing to issue demand loans to customers they have worked with for a long time and have favorable credit.

WHO issued demand notes?

The Demand Note was the first paper currency issued by the U.S. government. Authorized by the acts of July 17 and August 5, 1861 (fiscal year 1862), Demand Notes were essentially government IOUs and were called Demand Notes because they were payable on demand in gold coin at certain Treasury facilities.

What is demand note mean?

A demand note is an informal loan without a fixed term or repayment schedule, that can be called in (demanded) at any point given requisite notice to the borrower. Due to their flexible nature, demand notes are common in informal lending between family and friends and often involve relatively small sums.

How much are demand notes worth?

The price and value of a Demand Note depends primarily on its rarity (which location and whether for the is handwritten or engraved) and secondarily on its condition. The more common five dollar notes usually range in price from $2,000 to $25,000.

What were the demand notes in 1862?

The Demand Note was the first paper currency issued by the U.S. government. Authorized by the acts of July 17 and August 5, 1861 (fiscal year 1862), Demand Notes were essentially government IOUs and were called Demand Notes because they were payable on demand in gold coin at certain Treasury facilities.

What does on demand note mean?

A demand note is an informal loan without a fixed term or repayment schedule, that can be called in (demanded) at any point given requisite notice to the borrower. Due to their flexible nature, demand notes are common in informal lending between family and friends and often involve relatively small sums.

What is the difference between a demand note and a promissory note?

A demand promissory note is different from a standard promissory note because the borrower is not on a specific timeline for repayment. Instead, the borrower waits to repay the debt or loan until the lender demands repayment.

What is a demand note on a house?

A demand (or due on demand) promissory note is a note that you as the lender, or holder, can collect on at any time. In other words, the loan comes due whenever you decide to ask for the money, whether the borrower is making regular payments or not.

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