Stuff Flashcards
1
Q
What were some ancient monetary units
A
-cows
2
Q
Where does the word dollar come from
A
Joachimsthaler, coin Thaler
3
Q
What is intrinsic value
A
Certain object own value
Purity weight
4
Q
What is principal
A
Money invested or deposited
5
Q
What is prime rate
A
-designated rate used to determine interest rates applied to business loans