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The financial system and retail banking

The financial system and retail banking. All these factors called for a standard means of exchange for the produced and saleable goods (and services, as the case may be). As the human civilisation advances, the society had the currency as the fixed standard. Different goods were traded on the basis of currency of the land. It ultimately led to other important factors like demand and supply to influence the trade. The goods that had higher demand and lesser supply enjoyed the premium status and were priced higher. Similarly, the goods which had abundant supply with little demand. were priced lower. The same concept was also applicable for the fund holders in the society as there are people who have abundant source of money. Again there are persons, who are in the dire needs of the same. In simple words, the financial system is the system and process of channelizing funds from those who have it in excess to those who require it.

So, it is under the financial system that the suppliers and the demanders of the funds come together. With the development of the banking system across the globe, the financial system has primarily governed by the central banks of the respective countries. As international financial bodies like that of the International Monetary Fund or the World Bank came into being, they also became the part and parcel of the global financial system. In the early years of the decade, Franklin Allen and Douglas Gale observed that the primary objective of a financial system is to channel funds from agents with surpluses to agents with deficits (Allen & Gale, 2001). But as the financial system has become complex day by day, it has been virtually impossible to trace out the demanders and the suppliers of the funds individually. Here comes the role of financial intermediaries. Financial intermediaries collect the money from that of the suppliers in the form of deposits and channelize the same to the demanders in lieu of certain pre-specified rate of interests in the form of loans……

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What is Essaytab.com?

Essaytab.com is an academic writing site that helps students write top-notch essays and research papers.

How much does EssayTab cost?

Price starts at just $11 a page. Our prices are very affordable, and we guarantee to deliver your paper on time. We hire only the most qualified writers who can produce a high-quality custom essay, research paper, or dissertation on all academic topics.

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There are many essay writing services available. And, it is your responsibility to choose the best and the most trusted one for you ⇒ Essaytab.com. The best essay writing service should be able to provide all kinds of essays, from persuasive, expository, argumentative essays to any other type of essays. So basically, if you want to buy an essay online, you should be looking for a reliable company that can offer you a wide range of options.

The best essay writing service should also have a good customer support system in place. You would probably need some help while ordering your essay online and so it is important that you get assistance from someone who knows what they are doing. The best essay writing services should offer round-the-clock customer support service so that whenever you need it, someone will be there to help you out.

The best essay writing services should also offer affordable prices along with high-quality work. Not every company that offers cheap prices provides quality work, but some companies provide both quality and cheap prices, and these companies are known as the best ones because they offer what they promise!

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How is the price of my essay determined?

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1) Academic Level: Price starts at $11 per page but increases by $10 when you select College 1-2, $15 for College 3-4, Master’s $25 and $30 when you select PhD level. The base price for all academic levels is just $11 per page.

2) Number of pages. The more the pages the higher the price.

3) Deadline: Shorter deadlines like 12 hours attract an extra fee. We advise our clients to orders essays in advance to avoid delays.

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