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Figure 14-4
-In Figure 14-4,let i3 represent any interest rate below the equilibrium interest rate of i2.Thus,when the economy is at i2,people will tend to
Capital Accounts
Refers to accounts that show the owners' or shareholders' investments in a business, including retained earnings and contributed capital.
Deficiency
A shortfall or insufficiency in amount or quantity, such as when liabilities exceed assets or when actual performance is less than the standard or expected performance.
Market Value
The existing market rate at which you can purchase or sell an asset or service.
Book Value
The value of an asset as shown on a company's balance sheet, calculated as the cost of the asset minus any depreciation and amortization.
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