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Ch10 - Finance, Saving, and Investment | ECON 2313 - PRINCIPLES OF MACROECONOMICS, Quizzes of Introduction to Macroeconomics

Class: ECON 2313 - PRINCIPLES OF MACROECONOMICS; Subject: Economics; University: Arkansas State University; Term: Fall 2010;

Typology: Quizzes

2009/2010

Uploaded on 10/20/2010

bigd90
bigd90 🇺🇸

36 documents

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TERM 1
Finance
DEFINITION 1
lending and borrowing that moves funds from savers to
spenders
TERM 2
Capital (Physical Capital)
DEFINITION 2
tools, instruments, machines, buildings, and other items that
have been produced in the past and that are used to produce
goods and services.
TERM 3
Financial Capital
DEFINITION 3
the funds used to buy physical capital
TERM 4
Gross Investment
DEFINITION 4
the total amount spent on new capital goods
TERM 5
Net Investment
DEFINITION 5
the change in the quantity of capital - equals gross
investment minus depreciation
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TERM 1

Finance

DEFINITION 1

lending and borrowing that moves funds from savers to

spenders

TERM 2

Capital (Physical Capital)

DEFINITION 2

tools, instruments, machines, buildings, and other items that

have been produced in the past and that are used to produce

goods and services.

TERM 3

Financial Capital

DEFINITION 3

the funds used to buy physical capital

TERM 4

Gross Investment

DEFINITION 4

the total amount spent on new capital goods

TERM 5

Net Investment

DEFINITION 5

the change in the quantity of capital - equals gross

investment minus depreciation

TERM 6

Wealth

DEFINITION 6

the value of all things that people own

TERM 7

Saving

DEFINITION 7

the amount of income that is not paid in taxes or spent on

consumption