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Legal responsibility: A legal responsibility is often a economic obligation which include financial debt. Liabilities can be recent or prolonged-phrase.

A lot of the basic ideas in finance originate from microeconomic and macroeconomic theories. Among the most elementary theories is enough time price of dollars, which states that a greenback right now is well worth a lot more than a dollar Later on.

24, 1929) aren't suitably discussed by scientific theories. The human aspect of concern also performed a part. A spectacular tumble within the stock current market is usually called a “stress."

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