Koleksi World Bank
Money, banking, and financial markets
This book focuses on the basic functions served by the financial system, while de-emphasizing its current structure and rules. Content of this book is based on five core principles (time has value, risk requires compensation, information is the basis for decisions, markets set prices and allocate resources, and stability improves welfare). Knowledge of these principles is the basis for learning what the financial system does, how it is organized, and how it is linked to real economy.
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