1. Money and the Capital Market
The money market consists of financial institutions and dealers in money or credit who wish to either borrow or lend. ... An interest rate, as defined by (Heakal, 2013), is the cost of borrowing money. Or, on the other side of the coin, it is the compensation for the service and risk of lending money. ... The following graph shows how money market interest rates have changed in Pakistan from 1997 to 2013. ... The balance of payments helps countries to track how much money is coming in and how much money is going out (Trade, 2008). ...
- Word Count: 2454
- Approx Pages: 10
- Has Bibliography
- Grade Level: High School