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In terms of innovation streams, what________occurred when customers purchased flat-screen computer monitors to replace the older, bulkier monitors.
Financial Intermediary
An institution that acts as a middleman between savers and borrowers, facilitating the flow of funds in the economy.
Households
Units of individuals living together, making joint decisions on consumption, savings, and investments, fundamental to economic analysis.
Common Stock
A form of corporate equity ownership, a type of security that represents ownership in a corporation and entitles the owner to a share of the company's profits.
Corporate Bond
A debt security issued by a corporation to raise financing for capital improvements, expansion, or other operational needs.
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