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A Theory of Production for the Financial Firm - Innovations in Financial Markets and Institutions Diana Hancock Softcover reprint of the original 1st ed. 1991 edition
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A Theory of Production for the Financial Firm - Innovations in Financial Markets and Institutions
Diana Hancock
Furthermore, if the effects of regulations on user costs are excluded, it is impossible to analyze monetary policy effects. 1.3 User Cost Derivation Chapter 3 discusses the construction of user costs. Those with a positive user cost, where expenditures per unit exceed revenues per unit, are inputs.
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