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CHECKABLE DEPOSIT: A checking account deposit maintained by a bank, savings and loan association, credit union, or mutual savings bank. These accounts, also termed transactions deposits, let customers transfer funds easily and quickly to another person, which makes them ideally suited for use as money. Checkable deposits are typically between 60 and 70 percent of the M1 money supply.
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Lesson 20: Oligopoly | Unit 3: Behavior
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Page: 11 of 24
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- The decisions by one firm in the market depends on the actions and reactions of the other firms.
- Such interdependence surfaces in two types of activities:
- Competition
- Competition among firms in an oligopoly market can become quite intense.
Competition among the few takes place in a market with a small number of sellers (or buyers), such that each seller (or buyer) has some degree of market control. - With this form of competition, each firm keeps a very close watch on what other firms in market do or plan to do.
- Cooperation
- Cooperation generally takes the form of operating the oligopoly market as a monopoly.
- Oligopoly firms monopolize their market through various types of cooperation, some are explicit others are implicit and difficult to detect.
- Four types worth listing are:
- Price leadership
- Collusion
- A cartel
- A merger
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NET INTEREST The official item in the National Income and Product Accounts maintained by the Bureau of Economics Analysis measuring interest earned by the household sector for supplying capital services. This is one of five official factor payments making up national income. The other four are compensation of employees, rental income of persons, corporate profits, and proprietors' income. Net interest is usually less than 10 percent of national income, typically in the 6 to 8 percent range.
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BEIGE MUNDORTLE
[What's This?]
Today, you are likely to spend a great deal of time browsing through a long list of dot com websites wanting to buy either a how-to book on home repairs or a large, stuffed kitty cat. Be on the lookout for broken fingernail clippers.
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General Electric is the only stock from the original 1896 Dow Jones Industrial Average remaining in the current index.
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"Recipe for success. Study while others are sleeping; work while others are loafing, prepare while others are playing, and dream while others are wishing." -- William A. Ward
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ASEAN
Association of South East Asian Nations
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