+
Related Flashcards
Related Topics
Cards In This Set
| Front | Back |
|
Bond
|
A certificate representing a promise to pay a definite amount of money at a stated interest rate on a specified due date.
|
|
Budget deficit
|
A financial situation that occurs when a government spends more than it takes on.
|
|
Budget surplus
|
A financial situation that occurs when a government spends less than it takes in
|
|
Business cycle
|
The movement of the economy from one condition to another and back again. It has four phases including, recession, depression, and recovory
|
|
Capital projects
|
Spending by businesses for items such as land, buildings, equipment, and new products
|
|
Certificate of deposit rate
|
The rate for six-month time deposits at saving institutions
|
|
Corporate bond rate
|
The cost of borrowing for a large U.S corporation
|
|
Deflation
|
A decrease in the general level of prices
|
|
Depression
|
The phase of the business cycle that is marked by prolonged period of high unemployment, weak consumer sales, and business failures.
|
|
Discount rate
|
The rate financial institutions are charged to borrow fund form the federal reserve bank
|
|
Emerging markets
|
Places where consumers incomes and buying power are increasing because of economic expansion
|
|
GDP per capita
|
The output per person, calculated by dividing gross domestic product by the total production
|
|
Gross Domestic Product (GDP)
|
The total value of all goods and services produced in a country
|
|
Inflation
|
An increase in general prices
|
|
Labor force
|
All people above the age of 16 who are actively looking for a job/working
|
