Using each of the following description, identify which key term or concept presented in this chapter matches them.
a. A system of recordkeeping covering economic and/or financial activity for the whole economy or for major sectors of the economy.
b. A system of accounts reporting on a nation's total production, spending, consumption and savings.
c. The price for selling securities to the public as published by dealers.
d. A debt obligation issued by a business or governmental unit usually lasting more than 5 years.
e. A short-term IOU usually with a maturity of less than 5 years.

Question

Using each of the following description, identify which key term or concept presented in this chapter matches them.
a. A system of recordkeeping covering economic and/or financial activity for the whole economy or for major sectors of the economy. 
b. A system of accounts reporting on a nation's total production, spending, consumption and savings. 
c. The price for selling securities to the public as published by dealers.
d. A debt obligation issued by a business or governmental unit usually lasting more than 5 years. 
e. A short-term IOU usually with a maturity of less than 5 years.

Quizplus · Accepted Answer

The Answer of Using each of the following description, identify which key term or concept presented in this chapter matches them.
a. A system of recordkeeping covering economic and/or financial activity for the whole economy or for major sectors of the economy. 
b. A system of accounts reporting on a nation's total production, spending, consumption and savings. 
c. The price for selling securities to the public as published by dealers.
d. A debt obligation issued by a business or governmental unit usually lasting more than 5 years. 
e. A short-term IOU usually with a maturity of less than 5 years.

Using Each of the Following Description, Identify Which Key Term