Explaining an Electronic Transaction
Imagine you use your banking app to pay a friend $20 for your share of a dinner bill. Both you and your friend have accounts at the same bank. From the bank's perspective, what has fundamentally changed on its records? Explain the transaction in terms of the bank's obligations to you and your friend.
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Introduction to Macroeconomics Course
Ch.6 The financial sector: Debt, money, and financial markets - The Economy 2.0 Macroeconomics @ CORE Econ
The Economy 2.0 Macroeconomics @ CORE Econ
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Explaining an Electronic Transaction
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