The Financial System and the Economy

The Financial System and the Economy

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The new edition of this classic text is designed for an undergraduate one semester or quarter course in money and banking. Written in an informal, engaging style, with minimal math requirements, it gives students a unique understanding of the dynamic and evolving nature of the financial system and how it relates to the aggregate economy. qThe Financial System and the Economyq incorporates numerous current, real-world examples - including the subprime lending crisis and the Fed's response. It emphasizes the effects of structural change, globalization, financial innovation, and technology on the financial environment. An online Instructor's Manual with Test Bank is available for instructors who adopt the text.Likewise, we can find out how much 1 euro is worth by dividing both sides of the equation by .8: .8/.8 euros = 100/.8 yen 1 euro = 125 yen ... For example, suppose we know the yen/dollar rate is 100 yen and the euro/dollar rate is .8 euros.

Title:The Financial System and the Economy
Author:Maureen Burton, Bruce Brown
Publisher:Routledge - 2014-12-18


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