Key Terms
Question
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Savings–investment spending identity
Budget surplus
Budget deficit
Budget balance
National savings
Loanable funds market
Crowding out
Fisher effect
Present value
Net present value
Wealth
Financial asset
Physical asset
Liability
Transaction costs
Financial risk
Diversification
Liquid
Illiquid
Default
Loan-backed securities
Financial intermediary
Mutual fund
Pension fund
Life insurance company
Bank deposit
Bank