Ch 1 Money and Banking
Help!
|
|
||||
|---|---|---|---|---|---|
| Five core principles | Time, Risk, Information, Markets, and Stability
🗑
|
||||
| Time | Time has value
🗑
|
||||
| Risk | Risk requires compensation
🗑
|
||||
| Information | Information is the basis for decisions
🗑
|
||||
| Markets | Markets determine prices and allocate resources
🗑
|
||||
| Stability | Stability improves welfare
🗑
|
||||
| Six parts of the financial system | money, financial instruments, financial markets, financial institutions, government regulatory agencies, and central banks
🗑
|
||||
| Money | used to pay for purchases and to store wealth
🗑
|
||||
| Financial instruments | used to transfer resources and risk
🗑
|
||||
| Financial markets | allow people to buy and sell financial instruments
🗑
|
||||
| Financial institutions | provide access to the financial markets, collect information, and provide a variety of other services
🗑
|
||||
| Government regulatory agencies | aim to make the financial system operate safely and reliably
🗑
|
||||
| Central banks | stabilize the economy
🗑
|
||||
| Gross Domestic Product | the market value of final goods and services produced in a country during a year
🗑
|
||||
| Real GDP | separates changes in quantities from changes in the prices-uses a base-year price
🗑
|
||||
| Nominal GDP | GDP measured at current dollar prices
🗑
|
||||
| GDP deflator | Nominal GDP/Real GDP
🗑
|
Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.
Normal Size Small Size show me how
Normal Size Small Size show me how
Created by:
sam6204
Popular Finance sets