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Economics

QuestionAnswer
Time deposit Amount of money held for a specific time
Economic model A thing used to represent thE economy
Central bank Place that lends money to other banks
Discount rate The interest rate and fed charges on its loans
Demand elasticity Demand of a good based on its price
Refugees People who are forced to leave their homes
Economics The study of how people buy and sell things
Protectionism Policy of trade restrictions to protect domestic industries
Open market Purchase or sale of us gov bonds and treasury bills
Certificate of deposit Timed deposit that states the amount of the deposit and rate of interest being paid
Created by: linhague
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