ACC 342 Lecture Notes - Lecture 8: Gross Domestic Product, Federal Reserve System, Fundamental Analysis
Fundamental Analysis
The analysis of determinants of firm value, such as prospects for earnings and dividends
Exchange rate
The rate at which domestic currency can be converted into foreign currency.
Gross Domestic Product (GDP)
The market value of goods and services produced over a period of time.
Unemployment rate
The ratio of the number of people classified as unemployed to the total labor force.
Inflation
The rate at which the general level of prices for goods and services is rising
Budget deficit
The amount by which government spending exceeds government revenues
Demand Shock
An event that affects the demand for goods and services in the economy
Supply Shock
An event that influences production capacity and costs in the economy.
Fiscal Policy
the use of government spending and taxing for the specific purpose of stabilizing the economy.
Monetary Policy
Actions taken by the board of governors of the federal reserve system to influence the money supply or
interest rate
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Document Summary
The analysis of determinants of firm value, such as prospects for earnings and dividends. The rate at which domestic currency can be converted into foreign currency. The market value of goods and services produced over a period of time. The ratio of the number of people classified as unemployed to the total labor force. The rate at which the general level of prices for goods and services is rising. The amount by which government spending exceeds government revenues. An event that affects the demand for goods and services in the economy. An event that influences production capacity and costs in the economy. Fiscal policy the use of government spending and taxing for the specific purpose of stabilizing the economy. Actions taken by the board of governors of the federal reserve system to influence the money supply or interest rate. The transition from the end of an expansion to the start of a contraction.
