Explain why moral hazard explains why stocks are not the most important source of financing […]
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Category: Economics
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Adverse selection in credit markets
Explain why the presence of adverse selection in credit markets explains the fact that collateral […]
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Why marketable securities?
Explain why marketable securities (debt and equity) are not the primary source of financing for […]
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Role of financial intermediaries
Explain the role of financial intermediaries by referring to the problem of high transaction costs […]
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Explain the meaning of the following four types of credit market instruments
There are four basic types of credit market instruments, and the types of credit market […]
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Meaning and implications of the government “ printing” money
Explain the meaning and implications of the government “ printing” money. The main question here […]
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Measures of aggregate money stock in South Africa
Define the following measures of aggregate money stock in South Africa: M1A, M1, M2, M3. […]
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Terms in facilitating payments
Explain the meaning of the following terms as well as the advantages/disadvantages of each in […]
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Primary functions of money.
The three main primary functions of money include medium of exchange, unit of account, and […]
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Briefly distinguish between money and income, and money and wealth.
Money refers to the coins, notes and deposits available as medium of exchange, while income […]