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Flashcards in 5.04 Deck (12):
1

Currency

Paper and coin money accepted as payment for goods and services

2

Money Supply

The total amount of money available in the national economy

3

Debt

An amount of money, service, or other property owed to someone

4

Investments

Something that money is placed in with the goal of making a future profit, like a stock or property

5

Bonds

A loan to a company where the company must pay it back with interest after certain period

6

Credit Union

A financial business owned by its members that provides banking services

7

Federal Reserve

Central bank of the United States, also known as the Fed

8

Stock Market

The exchange of shares of stock between buyers and sellers

9

Supply

The total amount of a good or service available for purchase

10

Demand

The total amount of a good or service that people are willing to buy

11

Stable

Not likely to change or move

12

Inflation

General rise of prices over time