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;
8 Cards in this Set
- Front
- Back
|
consumer spending |
buying consumer goods and services from domestic and foreign firms |
|
|
stocks |
shares in the ownership of a company |
|
|
bonds |
borrowing in the form of an IOU that pays interest |
|
|
government transfers |
payments made by the government to individuals for which no good or service is provided in return |
|
|
disposable income |
(income+government transfers)- taxes, a person's available spending money |
|
|
national accounts |
keep track of the flows of money between different sectors of the economy |
|
|
private savings |
disposable income - consumer spending |
|
|
financial markets |
banking, stock, and bond markets, channel private savings and foreign lending into investment spending and government borrowing |
