Economics 6.4

0.0(0)
studied byStudied by 0 people
0.0(0)
full-widthCall Kai
learnLearn
examPractice Test
spaced repetitionSpaced Repetition
heart puzzleMatch
flashcardsFlashcards
GameKnowt Play
Card Sorting

1/9

encourage image

There's no tags or description

Looks like no tags are added yet.

Study Analytics
Name
Mastery
Learn
Test
Matching
Spaced

No study sessions yet.

10 Terms

1
New cards

Money supply

Total money in the economy.

2
New cards

Liquidity

How easily money can be used or converted to cash.

3
New cards

Demand deposits

Money in checking accounts.

4
New cards

Money Market Mutual Funds

Accounts that invest in short-term financial assets.

5
New cards

Fractional Reserve Banking

Banks keep part of deposits and lend the rest.

6
New cards

Default

Failure to repay a loan.

7
New cards

Mortgage

Loan to buy a house.

8
New cards

Credit card

Card that lets you borrow money to buy now, pay later.

9
New cards

Interest

Cost of borrowing or reward for saving.

10
New cards

Principal

Original amount of money borrowed or invested.