The branch of financial economics that is concerned with questions of business funding and the management of a business in the interests of shareholders, ensuring effective allocation of resources and maximizing shareholder value.
A comprehensive guide to understanding the money demand schedule, which represents the demand for money at varying levels of GDP. This includes the asset demand for money and the transactions demand for money.
The nominal interest rate is the rate of return on an investment that is unadjusted for the effect of inflation. It is distinguished from the real rate, which is the nominal rate less the rate of inflation.
