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EQUIPMENT: One of the main categories of capital. Other categories are structures and inventories.

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Lesson 18: Banking | Unit 2: Banking Details Page: 4 of 24

Topic: Types <=PAGE BACK | PAGE NEXT=>

There are four types of financial institutions.

Four types:

  1. Banks
  2. Savings and Loans Associations
  3. Credit Unions
  4. Mutual Savings Banks

Important point:

  • Each type was established for different reasons and to play distinct roles in the economy. But now, they all operate much the same.

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FACTOR SUPPLY DETERMINANTS

Ceteris paribus influences, other than factor price, that shift the factor supply fall into three general categories: (1) market supply determinants, (2) market demand determinants, and (3) mobility. Comparable to any determinant, those falling into these three categories cause the factor supply curve to shift to a new location. An increase in factor supply is a rightward shift of the factor supply curve and a decrease in factor supply is a leftward shift.

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BROWN PRAGMATOX
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Today, you are likely to spend a great deal of time surfing the Internet looking to buy either a how-to book on the art of negotiation or a flower arrangement for your aunt. Be on the lookout for the last item on a shelf.
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