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Study on Money, Banking and Financial Markets (Fiscal Policy (Budget…
Study on Money, Banking and Financial Markets
Stock market - a share of ownership in a corporation. Issuing or selling stocks is a way for corporation to raise funds
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Financial Markets - funds that are transferred from people that have surplus money to people who have shortage
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Money (money supply) - Anything that is generally accepted as a medium of exchange or in the repayment of debts
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Financial intermediaries - Institutions that borrow funds from people who have saved and make loans to other
Aggregate output - Total production of goods & services. Most commonly reported measure aggregate output is the GDP
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