Financial regulators of australia and all about interest rates
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ESSAY DETAILS
Words: 583
Pages: 2
(approximately 235 words/page)
Pages: 2
(approximately 235 words/page)
Essay Database > Business & Economy > International
Reserve Bank of Australia - overall financial system stability
<Tab/>Objectives of RBA: stability of Australia's economy (prevention of fall of a financial system that could cause a substantial reduction of economic activity), maintenance of full employment and economic prosperity/welfare of Australians
<Tab/>Realistic focus: sustain low inflation
<Tab/>Functions of RBA: <Tab/>
&…
showed first 75 words of 583 total
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showed first 75 words of 583 total
showed last 75 words of 583 total
…when financial institutions accept the savers' funds. <Tab/>Difference between the rates charged is the interest rate differential. <Tab/>Short term interest rates are the rates charged on loans with a maturity of less than a year <Tab/>Long term interest rates are the rates charged on loans with a maturity over a year (they are riskier and less 'liquid'
…when financial institutions accept the savers' funds. <Tab/>Difference between the rates charged is the interest rate differential. <Tab/>Short term interest rates are the rates charged on loans with a maturity of less than a year <Tab/>Long term interest rates are the rates charged on loans with a maturity over a year (they are riskier and less 'liquid'
