ECO 1102 Lecture Notes - Lecture 1: Dow Jones Industrial Average, Government Budget Balance, Loanable Funds

52 views11 pages
lavendermink809 and 37946 others unlocked
ECO 1102 Full Course Notes
46
ECO 1102 Full Course Notes
Verified Note
46 documents

Document Summary

When a country"s saves a large portion of its gdp, more resources are available for investment in capital, and higher capital raises a country"s productivity and living standard. future profits. Financial institutions in the canadian economy: financial markets: financial institutions through which savers can directly provide funds, financial intermediaries: financial institutions through which savers can indirectly to borrowers. provide funds to borrowers. Stock: represents ownership in a firm and is, therefore, a claim to its profits. The prices at which shares trade on stock exchanges are determined by the supply and demand for the stock. Because stock prices reflect expected profitability, stock indexes are watched closely as possible indicators of future economic conditions. An institution that sells shares to the. The primary function of a bank is to take deposits from savers and use these deposits to make loans to people who want to borrow public and uses the proceeds to buy a portfolio of stocks and bonds.

Get access

Grade+20% off
$8 USD/m$10 USD/m
Billed $96 USD annually
Grade+
Homework Help
Study Guides
Textbook Solutions
Class Notes
Textbook Notes
Booster Class
40 Verified Answers
Class+
$8 USD/m
Billed $96 USD annually
Class+
Homework Help
Study Guides
Textbook Solutions
Class Notes
Textbook Notes
Booster Class
30 Verified Answers

Related textbook solutions

Related Documents

Related Questions