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EASY MONEY: A term used when the Federal Reserve System pursues expansionary monetary policy. In other words, to stimulate our economy out of recession, the Fed increases the amount of money in the economy or makes it "easier" for people to get money (usually through bank loans).

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Lesson 5: Market Demand | Unit 1: Buying Basics Page: 4 of 20

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  • Demand as the range of prices and quantities that buyers are willing and able to buy at different prices.
  • Why buyers must be both willing and able to buy a good to have a demand. Willingness is based on tastes and preferences. Ability is based on income.
  • Why demand includes a range of prices and quantities, not just a specific quantity.
  • Why demand is analyzed during a given time period.
  • Demand price as the maximum price that buyers would be willing and able to pay for a given quantity.
  • Quantity demanded as the maximum quantity buyers would be willing and able to buy at a specific price.


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EURODOLLARS

Deposits denominated in U.S. dollars in banks located outside of the United States or domestic branches of foreign banks. While such deposits originated with European banks, hence the "Euro" part of the name, they can be held by banks from any foreign country. Eurodollars are an attractive investment because they are NOT in U.S. banks and thus are NOT subject to U.S. banking regulations. Eurodollars, along with other institutional investment near monies, are added to M2 to derive M3.

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APLS

YELLOW CHIPPEROON
[What's This?]

Today, you are likely to spend a great deal of time strolling around a discount warehouse buying club seeking to buy either a package of blank rewritable CDs or yellow cotton balls. Be on the lookout for poorly written technical manuals.
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Sixty percent of big-firm executives said the cover letter is as important or more important than the resume itself when you're looking for a new job
"We succeed in enterprises (that) demand the positive qualities we possess, but we excel in those (that) can also make use of our defects."

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