Term
|
Definition
| a rise in the general level of prices of goods and services in an economy over a year |
|
|
Term
|
Definition
| inflation caused by an increase in demand or in the supply of money. |
|
|
Term
|
Definition
| the general price levels rise (inflation) due to increases in the cost of wages and raw materials. |
|
|
Term
|
Definition
| measures changes in the price level of consumer goods and services purchased by households. |
|
|
Term
|
Definition
| The year used as the basis for comparison for an economic index(CPI) |
|
|
Term
|
Definition
| A general decline in prices, often caused by a reduction in the supply of money or credit. Deflation can be caused also by a decrease in government, personal or investment spending. |
|
|
Term
|
Definition
| The monetary value of all the finished goods and services produced within a country in a specific time period |
|
|
Term
|
Definition
| An inflation-adjusted measure that reflects the value of all goods and services produced in a given year |
|
|
Term
|
Definition
| The percent of depositors' balances banks must have on hand as cash. determined by the Federal Reserve. The reserve ratio affects the money supply in the country. |
|
|
Term
|
Definition
| The interest rate that charged to a bank to borrow short-term funds directly from a Federal Reserve Bank. |
|
|
Term
|
Definition
|
|
