Financial Services Senior Definitions
Financial Budget- Revenue and expenses over a specified future period of time to determine your
short and long term goals.
Term- a fixed period.
Economics- The branch of knowledge concerned with the product
Principles of Macroeconomics
18 November 18, 2015
U.S. Housing Starts Fall 11% in October
Kate Davidson and Kris Hudson discusses how the housing market fell 11% from a
month earlier to a seasonally adjusted annual rate of 1.06
1. The difference between saving and investing is that saving means directly depositing
your money in the bank, without a chance of losing it besides inflation. Investing means
you are willing to risk your money, in order for a return. People choose to sa
WEEK 18: TOP 10 INVESTMENTS
Best Buy Co. Inc.
Box Inc. CI A
Chipotle Mexican Grill Inc.
Last Trade Change
(Price per (Price per
SPDR Dow Jones Indust
National Income: Where it
Factors of production
K = capital:
tools, machines, and structures used in
the physical and mental efforts of
Returnsto scale: A review
Initially Y, =F(K,L1)
Scale all inputs by the same factor
- i The modem world regards business cycles
7 _ . 1 much as the ancient Egyptians regarded the
._;___.___ . l . _ ,_ x, , _ . overowing of the Nile. The phenomenon
.' C H A P T E R 9 3 recurs in intervals, it is of great importance to
- everyone. and natu
Political Party- An organization that seeks political power by electing people to office so that its
positions and philosophy become public policy.
Nonpartisan Election- A local or judicial election in which candidates are not selected or
endorsed by poli