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Definition
| Markets in which funds are transferred from people who have an excess of available funds to people who have a shortage |
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Definition
| A claim on the issuer's future income |
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Definition
| Piece of property that is subject to ownership |
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Term
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Definition
| a debt security that promises to make payments periodically for a specified period of time |
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Term
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Definition
| The cost of borrowing or the price paid for the rental of funds |
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Term
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Definition
| Represents a share of ownership in a corporation |
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Term
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Definition
| Major disruptions in financial markets |
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Term
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Definition
| financial institutions that accept deposits and make loans |
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Term
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Definition
| development of new financial products and services |
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Term
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Definition
| New financial products and the ability to deliver financial services electronically |
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Term
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Definition
| anything that is generally accepted in payment for good or services or in the repayment of debts. |
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Term
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Definition
| The percentage of available labor force unemployed. |
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Term
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Definition
| The upward and downward movement of aggregate output produced in the economy. |
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Term
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Definition
| Periods of declining aggregate output. |
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Term
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Definition
| Relates the quantity of money and monetary policy to changes in aggregate economic activity and inflation. |
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Term
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Definition
| The average price of goods and services in an economy |
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Term
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Definition
| a continual increase in the price level. |
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Term
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Definition
| The rate of change of the price level, usually measured as a percentage change per year. |
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Term
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Definition
| The management of money and interest rates |
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Term
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Definition
| the United states central bank |
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Term
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Definition
| involves decisions about government spending and tacation |
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Term
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Definition
| The excess of government expenditures over tax revenues for a particular time period |
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Term
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Definition
| when tax revenue exceed government expenditures. |
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Term
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Definition
| a measure of aggregate output |
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Term
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Definition
| The market in which one currency is exchanged for another |
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Term
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Definition
| The price of one currency in terms of another |
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Term
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Definition
| Institutions that borrow from people who have saved and then lend to others |
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Term
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Definition
| Organization that conducts a nations monetary policy |
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