Reading...
Play button
Play button
Use LEFT and RIGHT arrow keys to navigate between flashcards;
Use UP and DOWN arrow keys to flip the card;
H to show hint;
A reads text to speech;
3 Cards in this Set
- Front
- Back
|
increasing reserve requirements raises rates |
decreases money flow slows economy and purchases slows inflation |
|
|
decreasing reserve requirements lowers rates |
increases money for loans stimulates economy increases inflation |
|
|
adjustable rate mortgage (ARM) |
a loan characterized by a fluctuating interest rate, usually one tied to a bank or savings and loan association cost-of-funds index. |
