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RENTAL INCOME OF PERSONS: The official item in the National Income and Product Accounts maintained by the Bureau of Economic Analysis measuring rent earned by the household sector for supplying land and related services. This is one of five official factor payments making up national income. The other four are compensation of employees, net interest, corporate profits, and proprietors' income. Rental income of persons is typically the smallest of the five factor payment categories, usually less than 5% of national income.

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Lesson 9: Consumer Demand | Unit 5: Taking Stock Page: 22 of 22

Topic: Unit Review <=PAGE BACK | PAGE NEXT=>

In this unit, you should have learned about:
  • A preview of how the demand price is related to the marginal utility of a good.
  • A preview of how the law of diminishing marginal utility is related to the law of demand.
  • Why demand for a good is a constrained choice.
  • Why demand for a good is based on the utility derived from other goods.

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GOLDSMITH MONEY CREATION

An illustration of the basic money creation process undertaken by banks using the hypothetical activities of a hypothetical goldsmith. The goldsmith profession of Medieval Europe provides insight into the modern banking business, including the seemingly magical ability of banks to create valuable money out of inputs with significantly less value.

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APLS

WHITE GULLIBON
[What's This?]

Today, you are likely to spend a great deal of time looking for the new strip mall out on the highway seeking to buy either throw pillows for your living room sofa or a hepa filter for your furnace. Be on the lookout for door-to-door salesmen.
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This isn't me! What am I?

The word "fiscal" is derived from a Latin word meaning "moneybag."
"In war, there is no second prize for the runner-up."

-- Omar Bradley, US Army general

NCUA
National Credit Union Administration
A PEDestrian's Guide
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