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Фінанси, гроші та кредит (Finance, Money and Credit) [03870]
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The European Bank for Reconstruction and Development cooperates with the public and private sectors of the economy.
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According to the monetarist inflation concept, moderate inflation rates have a positive impact on the economy development.
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Transfer of funds from "savers" to "borrowers" is carried out through direct and indirect funding.
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William Petty, studying the interest nature, linked the interest rate and rent for the land.
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The money turnover stabilization method, which involves the monetary unit consolidation without changing its name, carried out in order to facilitate money turnover and to provide greater value to money:
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Banks refinancing means changes in required reserve ratio
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Cashless money has more liquidity than cash money
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After the end of the budget year, the President of prepares a report on the implementation of the state budget.
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Taxes are optional unconditional payments of individuals and legal entities to the state and local budgets, which are carried out in the manner and under the conditions specified by applicable law.
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