Lesson 7 Flashcards
CHAPTER 7
REAADY!!!
The word “____” is often encounteres in our daily lives when there are discussions about loan and earnings.
Interest
In economics, interest is used in two ways:
Price of the Credit
Return that capital earns
Is often refereed to as loanable funs
Price of the Credits
____ it is that capital earns as an input in the production process.
Return
_____ are the amounts of money lent out by one individual (lender) to another, called a____.
Loanable Funds
Borrower
The _____ would pay an interest interest rate to the lender for the use of that fund.
Borrower
___ is defined as a payment for the immediate use of money.
Interest
____ affect the level of production of investment goods.
Interest Rates
_______ Is determine by the deman for supply of money available as loanable funds.
Interest Rate
The word “____” is often encounteres in our daily lives when there are discussions about loan and earnings.
Interest
In economics, interest is used in two ways:
Price of the Credit
Return that capital earns
Is often refereed to as loanable funs
Price of the Credits
____ it is that capital earns as an input in the production process.
Return
_____ are the amounts of money lent out by one individual (lender) to another, called a____.
Loanable Funds
Borrower
The _____ would pay an interest interest rate to the lender for the use of that fund.
Borrower
___ is defined as a payment for the immediate use of money.
Interest
____ affects the level of production of investment goods.
Interest Rates
_______ Is determine by the deman for supply of money available as loanable funds.
Interest Rate