Vocab1
Vocab2
100
Budget deficit
What is a financial situation that occurs when a government spends more than it takes in.
100
Bond
a certificate representing a promise to pay a definite amount of money at a stated investment rate on a specified due date.
200
budget surplus
What is a financial situation that occurs when a government spends less than it takes.
200
certificate of a deposit rate -
What is a rate for six-months time deposit at savings institutions
400
business cycle
What is recurring of ups and dropping of GDP
400
corporate bond rate-
What is The cost of borrowing for a large U.S. corporations
500
deflation
What is a decrease in the general level of prices
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