Money Supply and the Money Multiplier. Money, either in the form of currency or as bank reserves, is a liability of the central bank. The central bank controls the monetary base, expanding or contracting it at will, according to the needs of the economy.
Whole life is also more expensive because of the costs of storing and investing your premium money. Unlike term, the money that you put into your whole life policy can be borrowed from the policy if you need it. Term policies only collect enough to cover the cost of your insurance, and have no cash value.
Australia's cost of living may be higher, but then so are our wages. Source: PerthNow. AUSTRALIA is one of the most expensive places in the world, according to a survey by the investment bank Deutsche Bank.Aussies pay top dollar for beer, cigarettes, iPhones, hotel rooms, Levi Jeans, movie tickets, flowers-you name it.ustralia's cost of living may be higher, but then so are our wages. Source: PerthNow. AUSTRALIA is one of the most expensive places in the world, according to a survey by the investment bank Deutsche Bank.