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Sunday, August 29, 2010

Economics Vocabulary (Tune of back to rejoicing)

The first vocabulary, reregulate
Control by means of rules and laws.
The next one is iinterest rate
Cause of borrowing money over period of time.

Cucurency, a system of money
Exchange rate, value of currency
Central bank, provide financial service
Monetary policy is the control of money.

Fluctuate rise or fall of money
Inflation, increase in the price of goods
Basis point, unit of measure
speculate, speculate, speculate...

BY: Devin Gabia

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