Management and Organizational Studies 1023A/B Chapter 6: MOS- Chapter 6 Textbook

• School: Western University
• Department: Management and Organizational Studies
• Course: Management and Organizational Studies 1023A/B
• Professor: Maria Ferraro

Document Summary

Individuals, referred to as the household sector by statistics. The tangible things that compose personal and business assets. Personal assets are the value of houses, the land the houses are on, the major appliances in the houses, and cars. Major appliances and cars are referred to as consumer durables because they last for many years. Asset acquisitions, which we generally refer to as capital expenditure decisions. On the liability side are ways to finance these expenditures, which we will refer to as corporate financing decisions: financial assets. A claim that one individual or institution has on another. To understand these financial assets and how the financial system works, we need to disaggregate the data- that is, look at it in greater detail. This is what statscan does when it prepares the. The basic idea behind the nbsa is to collect financial data on the major agents in the financial system and then track the borrowing and lending between these agents.