Abeka Economics Chapters 8-9

Front

Investment (according to the document)

Back

Commitment of resources to a project or purpose expected to bring future profit

Front

What are the two main areas improved by investment?

Back

Research and development

Front

What is a reward for saving mentioned in the document?

Back

Interest dividends

Front

Who is a debtor?

Back

One who borrows money or capital

Front

What is the most common type of savings account?

Back

Checking account

Front

What does a money market account allow?

Back

Limited transactions with a variable interest rate

Front

What does FDIC stand for?

Back

Federal Deposit Insurance Corporation

Front

What is the purpose of insurance according to the document?

Back

To protect against certain types of loss

Front

Defined Benefit Plan

Back

A plan where employers promise to pay a certain amount after retirement

Front

What is a stockholder?

Back

A person who holds stocks