Interest Rates: Theory, Reality & Future Impacts

ISBN-13: 9781613247204 / Angielski / Miękka / 2012 / 179 str.

Yasuo Nishiyama

Opis

Interest rates are directly related to our lives. When interest rates are high, we hold less cash and more interest-bearing assets because we face a high opportunity cost of holding cash. Interest rates are directly related to the economy. This title sheds light on selected aspects of this multifaceted role of interest rates.