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Unit 14 Money and happiness

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    Imported from Quizlet
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  • counterfeit money
    fake money
  •  15
  • money laundering
    engaging in financial transactions to conceal the identity, source, or destination of illegally gained funds
  •  15
  • money management
    planning how to get the most from your money
  •  15
  • money market
    a market in which money is lent for periods of one year or less
  •  15
  • consumer expenditure or spending
    the total amount spent by consumers on newly produced goods and services (excluding purchases of new homes, which are considered investment goods)
  •  15
  • education expenditure
    the public expenditure on education as a percent of GDP
  •  15
  • government expenditure
    the market value of government purchases of goods and services
  •  15
  • public expenditure
    government spending on public services and payments such as pensions
  •  15
  • welfare expenditure
    government spending on aid to the poor
  •  15
  • government finance
    similar to corporate finance but in a government organization
  •  15
  • household finances
    the way we manage the family spending
  •  15
  • capital income
    any form of payment that derives from owning physical or financial capital
  •  15
  • family income
    the total amount of monetary income brought in by all members of a family unit
  •  15
  • investment income
    the result of earnings from dividends, interest, and rent
  •  15
  • cash crisis
    a situation in which a company, country, etc. does not have enough money available to do the things it usually does
  •  15
  • cash crop
    a crop that is grown mainly to be sold, rather than used by the people who grew it or those living in the area it is grown in
  •  15