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Economics > Ch9 > Flashcards

Ch9 Flashcards

1
Q

Money available after taxes have been paid

A

Disposable income

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2
Q

The amount of money in the account

A

Balance

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3
Q

Assists such as an account can be converted into cash with little or no loss in interest payments

A

Liquidity

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4
Q

Requires the saver to leave money in the account for a specific amount of time

A

Time deposits

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5
Q

Length of time that money must be deposited

A

Maturity

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6
Q

The percentage of people’s disposable income that is not spent

A

Savings rate

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7
Q

People exchange their money for something of value with the expectation of earning a profit on it in the future

A

Investment

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8
Q

Spending and savings plan

A

Budget

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9
Q

Those payments that remain constant from month to month

A

Fixed expenses

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10
Q

Vary from month to month

A

Flexible expenses

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11
Q

Means that a person chooses a variety of investments

A

Diversification

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12
Q

When investors use money to create a new capital good they use

A

Real investment

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13
Q

The expansion of the capital goods existing in an economy

A

Capital accumulation

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14
Q

Transportation systems including roads, bridges, harbors, and airports and public facilities like universities

A

Infrastructure

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15
Q

Money invested in entrepreneurial enterprises is called

A

Venture capital

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16
Q

The difference between the higher selling price and the lower original purchase price is

A

Capital gain

17
Q

An investor who sells a stock at a price lower than the purchase price incurs a

A

Capital loss

18
Q

An action by a corporation to divide its stock into a larger number of shares

A

Stock split

19
Q

Link buyers and sellers of stock

A

Brokers

20
Q

Buys and sells large blocks of stock

A

Investment bank

21
Q

When the Dow steadily rises over a period of time

A

Bull market

22
Q

Dow average falls for a period of time

A

Bear market

23
Q

Interest on money owed to a bond holder

A

Yield

24
Q

Agricultural products

A

Futures

25
Q

A fact sheet containing data on the company’s finances

A

Prospectus

26
Q

Principal and interest are divided into equal amounts

A

Installments

27
Q

An estimation of the probability of repayment

A

Credit rating

28
Q

Credit reporting derive that specializes in collecting financial information about consumers

A

Credit bureau

29
Q

The total cost of credit expressed in dollars and cents

A

Finance charge

30
Q

The total cost of credit expressed as a yearly percentage

A

Annual percentage rate

31
Q

Charging interest above that limit is illegal

A

Usury

32
Q

a legal declaration of inability to pay debts

A

Bankruptcy

Economics (14 decks)

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