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FEDERAL RESERVE NOTE: Paper currency issued by each of the 12 Federal Reserve District Banks in denominations of $1, $5, $10, $20, $50, $100. Unlike paper currency of the past that was issued by the U. S. Treasury, these notes are backed by the Federal Reserve System. Specifically, each of the 12 Fed District Banks supplies notes within it's district. Each district bank puts it's own personal number and stamp (literally to the left of the portrait) on the notes it issues. For example, the number for the Boston District Bank is 1, while San Francisco Bank is 12.
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AGGREGATE SUPPLY The total (or aggregate) real production of final goods and services available in the domestic economy at a range of price levels, during a given time period. Aggregate supply, usually abbreviated AS, is two different relations between price level and real production--long run and short run. With long-run aggregate supply, prices and wages are flexible and all markets are in equilibrium. With short-run aggregate supply some prices and wage are NOT flexible and some markets are NOT in equilibrium. This is one half of the AS-AD (aggregate market) analysis. The other half is aggregate demand.
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ORANGE REBELOON
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Today, you are likely to spend a great deal of time lost in your local discount super center wanting to buy either a lazy Susan for you dining room table or a set of serrated steak knives, with durable plastic handles. Be on the lookout for fairy dust that tastes like salt.
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Much of the $15 million used by the United States to finance the Louisiana Purchase from France was borrowed from European banks.
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"Perhaps the most valuable result of all education is the ability to make yourself do the thing you have to do, when it ought to be done, whether you like it or not; it is the first lesson that ought to be learned; and however early a man's training begins, it is probably the last lesson that he learns thoroughly. " -- Thomas H. Huxley, Scientist
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OCC
Options Clearing Corporation
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