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ZERO GROWTH: A growth rate (usually in terms of population) that is equal to zero. In other words, this is no change from one year to the next. This goal has been proposed by those who content that population growth is placing excessive pressure on the planet's availability of limited resources and its ability to assimilate pollution. In general terms, zero growth can apply to any measurement, including production, prices, etc.
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Lesson 18: Banking | Unit 4: Regulating Banks
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Page: 18 of 24
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Banking is a heavily regulated industry. Reasons: - First: Banks have the temptation to go for large profits at the expense of protecting deposits.
- Second: The economy's health rests with having the 'correct' money supply.
The problems: - Banks get carried away seeking profits without having enough deposit-protecting reserves.
- Customers can't withdraw deposits and lose trust.
- Banks shut down, remaining bank deposits become worthless, and the money supply shrinks.
- The economy heads into a recession.
Important points: - A failed bank is bad for the economy.
- Government can control the checking account part of money only by controlling and regulating banks.
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AUTONOMOUS EXPORTS Exports to the foreign sector that do not depend on domestic income or production (especially national income or gross domestic product). Exports depend on foreign income or production, but not on domestic income or production. While other expenditures have both autonomous and induced components, exports are exclusively autonomous. Autonomous exports are a key part of the autonomous part of net exports. Induced net exports are due to induced imports.
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BLACK DISMALAPOD
[What's This?]
Today, you are likely to spend a great deal of time at a crowded estate auction hoping to buy either yellow cotton balls or a set of steel-belted radial snow tires. Be on the lookout for malfunctioning pocket calculators.
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The Dow Jones family of stock market price indexes began with a simple average of 11 stock prices in 1884.
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"always remember an epitaph which is in the cemetery at Tombstone, Arizona. It says: „Here lies Jack Williams. He done his damnedest.¾ I think that is the greatest epitaph a man can have ‚ When he gives everything that is in him to do the job he has before him. That is all you can ask of him and that is what I have tried to do. " -- Harry Truman, 33rd US president
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BQ
Basic Qoute
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