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Economics
Interest Rate Swaps
What are Interest Rate Swaps? Interest rate swaps are financial contracts that allow two parties to trade future cash flows...
Economics
Basis Points
What are Basis Points? Basis points are a financial unit that measures the changes in interest rates. From a mathematical...
Economics
Market Efficiency
What is Market Efficiency? It's a term used to describe how well current stock prices reflect all the facts that...
Economics
Representative Money
What is Representative Money? Representative money is a form of currency that represents something of value. Although it holds no...
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