Beruflich Dokumente
Kultur Dokumente
Thomson/South-Western 2006
Money
Money is the stock of items widely used to
make payment for goods and services.
Money, or the money supply, includes:
currency and coins in circulation,
checking accounts in depository institutions, and
other items, such as Certificates of Deposit (CDs),
when measured more broadly.
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Figure 1-1
Figure 1-2
Interest Rates
The interest rate is the cost of borrowing (or the
return for lending), expressed as a percent per year.
The real interest rate is the stated interest rate
adjusted for expected inflation.
Key interest rates:
prime loan rate
3-month U.S. Treasury securities
short-term corporate debt
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Figure 1-3
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Figure 1-4
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Figure 1-5
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Figure 1-6
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Figure 1-7
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