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SAVINGS DEPOSITS: Accounts maintained by banks, savings and loan associations, credit unions, and mutual savings banks that pay interest but can not be used directly as money. These accounts, also termed transactions deposits, let customers set aside a portion of their liquid assets that COULD be used to make purchases. But to make those purchases, savings account balances must be transferred to checkable deposits or currency. However, this transference is easy enough that savings accounts are often termed near money. Savings accounts, as such constitute a sizeable portion of the M2 monetary aggregate.

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Lesson 2: Economic Science | Unit 4: Science and Practice Page: 14 of 20

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

What theory inspired this hypothesis?
  • The suspicion might be informal, but that doesn't mean it lacks the basics of a theory:
  • World View:
    • Instructors are 'nice' people, who know and like students in the front of the class better-- and thus award them higher grades.
  • General Laws of Nature:
    • Less information reaches students seated in the back because of physical laws governing the diffusion of light and sound.
    • More motivated students, who study more and earn higher grades, are inclined to sit near the front of the class.

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GOVERNMENT PURCHASES DETERMINANTS

Ceteris paribus factors, other than aggregate income or production, that are held constant when the government purchases line is constructed and which cause the government purchases line to shift when they change. Some of the more important government purchases determinants are fiscal policy and politics.

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BEIGE MUNDORTLE
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Today, you are likely to spend a great deal of time wandering around the shopping mall trying to buy either a how-to book on home remodeling or a tall storage cabinet with five shelves and a secure lock. Be on the lookout for telephone calls from former employers.
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This isn't me! What am I?

Paper money used by the Commonwealth of Massachusetts prior to the U.S. Revolutionary War, which was issued against the dictates of Britain, was designed by patriot and silversmith, Paul Revere.
"If I have ever made any valuable discoveries, it has been owing more to patient attention than to any other talent. "

-- Isaac Newton, mathematician, physicist

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