Google
Thursday 
October 18, 2018 

AmosWEB means Economics with a Touch of Whimsy!

AmosWEBWEB*pediaGLOSS*aramaECON*worldCLASS*portalQUIZ*tasticPED GuideXtra CrediteTutorA*PLS
ACCUMULATION: The process of acquiring an item and adding that item to others previously acquired. In an economic context this most often refers to the accumulation of capital, as in the phrase "capital accumulation." However, it is also used in the context of consumer durable goods, financial assets, money, wealth, and a host of other "stock" variables. When applied to capital, the process of accumulation occurs through investment.

Visit the GLOSS*arama

Most Viewed (Number) Visit the WEB*pedia

Lesson 19: Money Creation | Unit 2: Fred Returns Page: 8 of 23

Topic: Money Creation <=PAGE BACK | PAGE NEXT=>

The money creation mechanism is a profitable opportunity.
  • With 10% of his receipts redeemed at any given time Fred can issue up to 1,000 pounds of receipts.
  • 100 pounds for the original deposits plus another 900 pounds for loans.
Important points:
  • Fred has created money: Because his receipts are money, he can create money by making loans.
  • The new extra 900 pounds of money is used for investment that promotes economic growth.
A precarious balancing act:
  • If people redeem more than the 10% of the receipts, Fred is in trouble.
  • If so, the receipts become worthless, the money supply shrinks, and the local economy enters a recession.

Course Home | Lesson Menu | Page Back | Page Next

INDEX OF CONSUMER SENTIMENT

A measure of consumer attitudes, preferences, and expectations concerning the state of the economy and business-cycle conditions that is compiled each month by the Survey Research Center at the University of Michigan. The Index of Consumer Sentiment is one of two primary measures of consumer attitudes. The other is the Consumer Confidence Index developed by The Conference Board.

Complete Entry | Visit the WEB*pedia


APLS

WHITE GULLIBON
[What's This?]

Today, you are likely to spend a great deal of time wandering around the downtown area seeking to buy either any book written by Stephan King or a T-shirt commemorating next Thursday. Be on the lookout for bottles of barbeque sauce that act TOO innocent.
Your Complete Scope

This isn't me! What am I?

In the late 1800s and early 1900s, almost 2 million children were employed as factory workers.
"Executives who get there and stay suggest solutions when they present the problems. "

-- Malcolm Forbes, business executive

LPG
Liquid Petroleum Gas
A PEDestrian's Guide
Xtra Credit
Tell us what you think about AmosWEB. Like what you see? Have suggestions for improvements? Let us know. Click the User Feedback link.

User Feedback



| AmosWEB | WEB*pedia | GLOSS*arama | ECON*world | CLASS*portal | QUIZ*tastic | PED Guide | Xtra Credit | eTutor | A*PLS |
| About Us | Terms of Use | Privacy Statement |

Thanks for visiting AmosWEB
Copyright ©2000-2018 AmosWEB*LLC
Send comments or questions to: WebMaster