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Macroeconomics ch 26
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Financial System
The group of institutions on the economy that help to match one person's saving with another person's investment
Financial Markets
Financial instituitions through which savers can directly provide funds to borrowers
Stock
A claim to partial ownership in a firm
Mutual Fund
An institutuion that sells shares to the public and uses the proceeds to buy a portfolio of stocks and bonds
National Saving
The total income in the economy that remains after paying for consumption and government
Private saving
The income that households have left after pating for taxes and consumption
Public Saving
The tax revenue that the government has left after pating for its spending
Budget Deficit
A shortfall of tax revenue from government spending
Author
fillup
ID
120096
Card Set
Macroeconomics ch 26
Description
Study for final
Updated
2011-12-01T19:52:33Z
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