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About Unit 1 - Introduction To Money, Banking and Financial Systems
The document discusses the differences between monetary and financial systems, with monetary systems managing money provision and circulation through central banks and currency, while financial systems allow for the transfer of money between savers/investors and borrowers through institutions like banks and stock exchanges. It also covers the functions of money as a medium of exchange, unit of account, and store of value.
Detailed Information
| Author: | ['richard kapimpa'] |
|---|---|
| Publication Year: | 2022 |
| Pages: | 34 |
| Language: | English |
| Format: | |
| Price: | FREE |
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