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The Financial Environment
S/F/299. Key roles performed by financial system within economy
- WORDS:
- 2700
- DATE:
- 2011
- PRICE:
- 29.99 GBP
The paper looks at the areas covered by a financial system, i.e. financial institutions, financial markets and financial exchanges. The key roles of the financial system are discussed including risk estimation, solving budget constraints, reducing moral hazards related to money expenditures, etc.
KEYWORDS: financial system, risk, budget, moral hazards,
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