Shared Flashcard Set

Details

Title

Chapter 8

Description

Introduction to Finance: 14th Edition

Total Cards

Subject

Finance

Level

Undergraduate 3

Created

02/22/2012

Click here to study/print these flashcards.

Create your own flash cards! Sign up here.

Additional Finance Flashcards

Term

Interest Rate

Definition

price that equates the demand for and supply of lonable funds.

Term

Loanable Funds Theory

Definition

States that interest rates are a function of the supply and demand for loanable funds.

Term

What do short-term interest rates normally move with?

Definition

Term

Two basic sources of loanable funds

Definition

1. Current Savings
2. Expansion of Deposits by depository institutions