Create an account
Markets in which funds are transferred from people who have an excess of available funds to people who have a shortage.
A debt security that promises to make payments periodically for a specified period of time. It is where interest rates are determined.
Institutions that borrow funds from people who have saved and in turn make loans to others.
Major disruptions in financial markets that are characterized by sharp declines in asset prices and the failures of many financial and nonfinancial firms.
Anything that is generally accepted in payment for goods or services or in the repayment of debts.
The theory that relates changes in the quantity of money to changes in aggregate economic activity and the price level.
The excess of government expenditures over tax revenues for a particular time period.
The total income of factors of production (land, labor, and capital) from producing goods and services in the economy during the course of the year.
Please allow access to your computer’s microphone to use Voice Recording.
Having trouble? Click here for help.
We can’t access your microphone!
Click the icon above to update your browser permissions and try again
Reload the page to try again!Reload
Press Cmd-0 to reset your zoom
Press Ctrl-0 to reset your zoom
It looks like your browser might be zoomed in or out. Your browser needs to be zoomed to a normal size to record audio.
Please upgrade Flash or install Chrome
to use Voice Recording.
For more help, see our troubleshooting page.
Your microphone is muted
For help fixing this issue, see this FAQ.
Star this term
You can study starred terms together