Listed Below Are Ten Terms Followed by a List of Phrases

question 24

Multiple Choice

Listed below are ten terms followed by a list of phrases that describe or characterize five of the terms.Match each phrase with the best term by placing the letter designating the term in the space provided.
-____ Costs to generate revenues.

• A)Assets
• B)Debit
• C)Journal entry
• D)Liabilities
• E)Revenues
• F)Expenses
• G)Credit
• H)General ledger
• I)Trial balance
• J)Dividends

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Definitions:

Money Market Equilibrium

The state in which the demand for short-term funds by borrowers equals the supply of short-term funds from lenders, stabilizing interest rates in the money market.

Required Reserve Ratio

The fraction of deposits that banks are required to keep on hand as reserves, determined by central banks to influence money supply and lending.

U.S. Treasury Securities

Debt instruments issued by the United States Department of the Treasury to finance government spending as an alternative to taxation.

Money Supply Curve

A representation showing the relationship between the money supply and the interest rate, inverting the money demand curve's concept.