Chapter_Nine - Warning: The purpose of these lecture notes...

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Warning: The purpose of these lecture notes is just to aid you in studying, and they are not designed to replace the textbook or the lectures. Technical problems with the web site do not absolve you of responsibility for lecture material. If you choose to skip a lecture and rely on the web site lecture notes, you do so at your own risk. For tests and exams you are responsible for all material covered in lecture, including material on the chalkboard and overhead projector. If you missed a lecture, be sure to get the complete lecture notes from another student. Chapter Nine Financial Markets, Interest Rates, and Monetary Transmission Mechanism Learning Outcomes This chapter explains: Portfolio choices between money and other assets Bond prices and interest rates The demand for money balances Money market equilibrium and interest rates How interest rates affect planned expenditures The monetary transmission mechanism Portfolio Choices between Money and Other Assets The structure of a financial portfolio reflects The returns paid by different financial assets The risk arising from changes in the market prices of assets Money holdings are important part of the portfolio
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This note was uploaded on 04/18/2008 for the course ECON 203 taught by Professor Islam during the Winter '08 term at Concordia Canada.

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Chapter_Nine - Warning: The purpose of these lecture notes...

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