9200381912 | Financial Asset | a paper claim that entitles the buyer to future income from the seller | 0 | |
9200383772 | Physical Asset | a tangible object that can be used to generate future income | 1 | |
9200384518 | Liability | An amount owed | 2 | |
9200387772 | Loans | amounts of money borrowed which will accumulate interest | 3 | |
9200387773 | Stock | A share of ownership in a corporation. | 4 | |
9200388639 | Bond | A form of lending to a company or the government (city, state, or federal) | 5 | |
9200390817 | Asset-Backed Securities | Ownership in a collected group of debt to be repaid by others | 6 | |
9200400164 | Liquidity | the ease with which an asset can be converted into cash | 7 | |
9200401420 | Transaction Costs | The costs of time and information required to carry out market exchange | 8 | |
9200402297 | Banks | Financial institutions that accept deposits and make loans | 9 | |
9200403407 | Mutual Funds | Portfolios of assets professionally managed for others to invest in. | 10 | |
9200404625 | Pension Funds | Managed investment pools to provide retirement income for members | 11 | |
9200407090 | Financial Intermediary | institution that helps channel funds from savers to borrowers | 12 | |
9200418110 | Wealth Effect | A change in consumer spending caused by a change in the value of owned assets | 13 | |
9200419884 | Interest Rate Effect | higher prices lead to inflation which leads to less borrowing and a lowering of RGDP | 14 | |
9200426621 | Stagflation | A period of falling output and rising prices | 15 | |
9200428019 | Inflationary Gap | When aggregate output is above potential output | 16 | |
9200428020 | Recessionary Gap | When aggregate output is below potential output | 17 | |
9200429979 | Fiscal Policy | Government policy that attempts to manage the economy by controlling taxing and spending. | 18 | |
9200429980 | Monetary Policy | The management of the money supply and interest rates | 19 |
AP Macroecon Unit 4 Flashcards
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