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Distinguish between domestic and international finance?

Finance is the process of transferring fund from surplus economic unit to deficit economic unit. Domestic finance is the process of transferring fund from surplus economic unit to deficit economic unit within a country. And International finance is the process of transferring fund from surplus economic unit to deficit economic unit when any of these units is located outside a national country.


What is direct and indirect flow of funds?

Supplying funds directly involves the surplus unit (person with funds available) lending to a deficit unit (person needing funds) in a financial market (no intermediaries such as banks are needed in the exchange). Indirectly supplying funds means you are giving an ADI (Authorised Deposit-taking Institution) your funds and they will in turn supply this to deficit units.The fundamental difference is that when you are directly supplying funds you are personally becoming involved in the transaction, whereas indirectly, you are giving funds to a bank, for example, and they are giving you are return on your investment, with which they can do what they please (give it to any deficit unit).


How do you calculate nominal deficit?

nominal deficit is the deficit determined by looking at the difference between expenditures and receipts.real deficit: nominal deficit - (inflation x total debt)


What is the noun of deficit?

An example of using the noun, deficit, is: "an annual operating deficit."


What is the difference among fiscal deficit budget deficit revenue deficit and trade deficit?

fiscal deficit: not enough money budget deficit: not as much money as you had planned to have in your budget revenue deficit: not enough money coming in trade deficit: you are spending more money on imports than the amount of money which you receive for your exports.


What is monetized deficit?

Monetized deficit is when the government prints money to pay down the deficit.


What is primary deficit in a budget?

Primary deficit=Fiscal deficit-[minus] Interest payments


What is the concept of deficit financing?

Concept of deficit


Does Costa Rica have a deficit or a surplus?

Deficit


What is Nigeria's economic system?

The Nigeria financial system is an important segment of the economy that ensures a smooth flow of funds from the surplus spending unit to the deficit spending unit through process of financial intermediation.


What is a current account deficit?

current account deficit


Does US have a deficit or trade surplus?

Trade deficit