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Words or Symbols in Language That We Use to Represent

question 39

Short Answer

Words or symbols in language that we use to represent mental images are known as ____________.


Definitions:

Money Creation

The process by which the money supply of a country, or of an economic or monetary region, is increased.

Depository Institutions

Financial institutions that accept deposits from individuals and provide loans, such as banks and credit unions.

Loans

Sums of money borrowed that are expected to be paid back with interest by the borrower over a specified period of time.

Discount Rate

The interest rate charged by central banks on loans they give to commercial banks and other financial institutions.

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