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U.S. TREASURY BILL: One kind of government security issued by the U. S. Treasury to obtain the funds used to finance the federal budget deficit. A Treasury bill (or T-bill) has a maturity length of one year or less, with 90 days a common maturity. T-bills, together with short-term commercial paper issued by businesses, are traded in money markets. The interest rate on T-bills is one of the key indicators of short-run economic activity.
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Lesson 18: Banking | Unit 2: Banking Details
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Page: 9 of 24
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A balance sheet is the record of a bank's assets and liabilities. Two parts: - Assets
- Liabilities and Net Worth
As a balance sheet, both parts are equal, they balance. Concepts: - Assets: What the bank owns.
- Liabilities: What the bank owes.
- Net worth: The difference between assets and liabilities.
The sum of liabilities and net worth must equals assets. - Banks don't make adjustments with real production.
- These financial entries in the balance sheet are the bank's production.
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AGGREGATE SUPPLY INCREASE, LONG-RUN AGGREGATE MARKET A shock to the long-run aggregate market caused by an increase in aggregate supply, resulting in and illustrated by a rightward shift of the long-run aggregate supply curve. An increase in aggregate supply in the long-run aggregate market results in a decrease in the price level and an increase in real production. The level of real production resulting from the shock is a greater level of full-employment real production.
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RED AGGRESSERINE
[What's This?]
Today, you are likely to spend a great deal of time looking for a downtown retail store looking to buy either a how-to book on fine dining or a coffee cup commemorating the first day of winter. Be on the lookout for the happiest person in the room.
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Before 1933, the U.S. dime was legal as payment only in transactions of $10 or less.
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"A ship ought not to be held by one anchor, nor life by a single hope. " -- Epictetus, philosopher
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CIFCI
Cost, Insurance, Freight, Commission and Interest
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