Ecs3701 - Study guides, Study notes & Summaries
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Full 104 page summary of Monetary Economics (ECS3701) Questions and Answers 2023
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when one part to a transaction knows more than another, the situation is one of - -asymmetric information

-when people or firms that are worse than average risks are most likely to enter a contract that is offered to everyone, the problem is called - -adverse selection

-a bank offers credit cards with a 25% interest rate, when its competitors' ca
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ECS3701_Notes_ Monetary Economics ,STUDY NOTES 2022 (All Units)
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ECS3701_Notes_ Monetary Economics.STUDY NOTES 2022 (All Units). 
CHAPTER 1: WHY STUDY MONEY, BANKING AND FINANCIAL MARKETS 
Why study financial markets? 
Securities - a claim on the issuer’s future income or assets that is sold by a 
borrower to a lender. Securities may also be referred to as financial 
instruments. Financial instruments may be divided into two main categories: 
money market instruments (e.g. Negotiable Certificate of Deposit (NCDs), 
Commercial Papers; Retirement Annuity (RAs...
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Monetary Economics (ECS3701) Selected Examination Questions and suggested solutions (Level A+)2023
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Assets are things that are useful or things that have value. T or F. - -True

-One of the most important prices determined in financial markets is the __________________ rate. - -interest

-When a coffee shop lists a tall coffee on its menu at $2.95, the coffee shop is using money as a - -unit of account

-Mandy goes to the grocery store to buy gro
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ECS3701 - Monetary economics notes
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Monetary economics notes
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The Economics of Money, Banking and Financial Markets Global Edition
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The Economics of Money, Banking and Financial Markets Global Edition, written by Frederic S. Mishkin. All The Economics of Money, Banking and Financial Markets Global Edition notes, flashcards, summaries and study guides are written by your fellow students or tutors. Get yourself a The Economics of Money, Banking and Financial Markets Global Edition summary or other study material that matches your study style perfectly, and studying will be a breeze.
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Summarised NOtes ECS3701
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Monetary Economic – ECS3701 
CHAPTER 1 - WHY STUDY MONEY, BANKING AND FINANCIAL MARKETS. 
WHY STUDY FINANCIAL MARKETS 
Financial markets such as bond and stock markets are crucial to promoting greater economic efficiency by 
channeling funds from people who do not have a proper use to people who do. Well functioning financial markets 
are a key to producing high economic growth and have direct effects on personal wealth, behavior on business 
consumers and the cyclical performance of the econo...
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ECS3701
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Exam (elaborations)
ECS3701 EXAM PACK

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Monetary Economics (ECS3701) Selected Examination Questions and suggested solutions

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ECS3701 Nov exam memos

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ECS3701 EXAM PACK 2021 - Monetary Economics

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Assignment 2 (504343) ECS370
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ECS3701
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Exam (elaborations)
ECS3701 Nov exam memos

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ECS3701 EXAM PACK 2021 - Monetary Economics

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Full 104 page summary of Monetary Economics (ECS3701) Module Questions and Answers 2023
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Capital Gain - -the amount by which the selling price of an asset exceeds the purchase price

-Capital Loss - -The difference between a lower selling price and a higher purchase price resulting in a financial loss for the seller

-Perpetuity - -A coupon bond with infinite time of maturity.

-Current Yield - -Annual Intrest / Current Market Price

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Full 104 page summary of Monetary Economics (ECS3701) Module Questions and Answers 2023
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1. The exchange rate is ____________________________________________
A) the price of one currency relative to gold.
B) the value of a currency relative to inflation.
C) the change in the value of money over time.
D) the price of one currency relative to other currency - -D

-2. When the value of the British pound changes from $1.25 to $1.50, the po
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