Raising Funds: Stock
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the firm extends ownership to new stock holders
money's main purposes
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medium of exchange
unit of account
store of value
,3 types of banks
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Investment banks
Commercial banks
Central bank
interest rate
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the periodic cost of borrowing funds usually expressed as a percentage of
the amount borrowed
causes for unemployment:
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unemployment insurance
unions
the minimum wage
drives unemployment
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, business cycle - cyclical unemployment
changing structure of the economy - structural unemployment - associated
with technology change
Frictional unemployment - unemployment associated with better job
opportunities
unemployment responsible for a vast majority of natural unemployment rate
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cyclical
Quantitative Easing
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broader set of assets
larger than OMO
public saving
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T-G
yield
Give this one a try later!
the firm extends ownership to new stock holders
money's main purposes
Give this one a try later!
medium of exchange
unit of account
store of value
,3 types of banks
Give this one a try later!
Investment banks
Commercial banks
Central bank
interest rate
Give this one a try later!
the periodic cost of borrowing funds usually expressed as a percentage of
the amount borrowed
causes for unemployment:
Give this one a try later!
unemployment insurance
unions
the minimum wage
drives unemployment
Give this one a try later!
, business cycle - cyclical unemployment
changing structure of the economy - structural unemployment - associated
with technology change
Frictional unemployment - unemployment associated with better job
opportunities
unemployment responsible for a vast majority of natural unemployment rate
Give this one a try later!
cyclical
Quantitative Easing
Give this one a try later!
broader set of assets
larger than OMO
public saving
Give this one a try later!
T-G
yield
