| A | B |
|---|
| Usefulness | Utility |
| Utility, price, transferable | Economic good |
| Partly backed up money | Fiat |
| Reducing value in coins | Debasement |
| Need to growth 4 full employment | Deflationary Gap |
| Need to shrink 4 full employment | Inflationary Gap |
| Government revenue & spending | Fiscal Policy |
| Money for nothing | Transfer Payment |
| Marginal utility to price same 4 all goods | Law of Equi-marginal Returns |
| Goods perform a specific task | Functional Demand |
| Buying goods on spur of moment | Impulse Demand |
| Buying 4 ‘status’ of goods | Exclusive Demand |
| Assumption of consumer behaviour | Finite income |
| Internal economy of scale | Construction economies |
| At lowest point on AC curve | Optimium size of firms |
| Weight-losing industry | Oil refining |
| Weight-gaining industry | Brewing |
| Footloose industry | Insurance |
| Investment from abroad | Foreign direct investment |
| An injection | Exports |
| A leakage | Savings |
| Some functions of money | Near money |
| Actual/real value of money | Intrinsic value |
| Double coincidence of wants | Barter |
| Function of money | Unit of account |
| Lending on Interbank market | Money at call |
| Also called govt stock | Gilt edged |
| Short term way of borrowing by govt | Exchequer Bills |
| Rate CB charges banks | Short term facility |
