Money Issues

buttons asked:


If anyone could tell me the average amount of money Wisconsin makes on speeding tickets and what they send that money on I would greatly appreciate it. I couldn’t find anything on the internet, but maybe you’ll have better luck.

Sandra

usaman345 asked:


I am just a regular person and not an economics student. Regardless, can someone please explain to me (in layman’s terms) the effect of changes in money supply on inflation.

I understand that demand in excess of supply is a cause of inflation and I’ve heard that inflation is when too much money chases too few goods (if I remember that line correctly). But what exactly does this mean in layman’s terms? How does increasing the money supply effect, for example, the price of a gallon of milk or gasoline?

In advance, thank you for any help received.

Sandra

June H asked:


Our son is on staff at religious organization. Is money we give him thru our church ok to be claimed as charitable contribution.

John

teen$money asked:


I am a 14 year old boy who loves money, and wants to succeed. I mow lawns, do garage sales, and a bunch of other stuff. I have nearly 2,000 dollars in my account. This is money that I have earned. After my birthday(6 months) I plan to have around 3500 dollars in it. This doesn’t include my other account with a bunch of savings bonds for college. Is this a lot, or not enough? Also if you have any tips about life in terms of money it would be greatly appreciated.

Jill

Coral asked:


For like a three week vacation, how much money should I bring? I don’t need money for places to stay or for food. Just like spending money and to have a good time.

Emily