Distribution Managemen & Logistics T-Module I
Chapter 5: Interest Rates. The Cost of Money The cost to borrow money The interest rate you pay a lender It is what borrowers pay to use the (rent) the.
Global Economic Development What is “development”? Development is the process by which a nation improves the economic, political, and social well- being.
MONEY & BANKING COINS = disks of precious metal - usually gold or silver (specie) tokensSince ‘65, U.S. doesn’t have any coins…now they are merely tokens.
Chapter 5: The Cost of Money (Interest Rates). The Cost of Money The cost to borrow money The interest rate you pay a lender It is what borrowers pay.
Lesson 1 - My Country Does What? Concepts: Standard of Living Gross Domestic Product (GDP) GDP per Capita Purchasing Power Parity.
MONEY & BANKING
Chapter 2: Learning Objectives
