Lesson Details

Unit 3: Lesson 16 - Making Choices About Saving and Investing

This lesson introduces the distinction between savings and the investment. It demonstrates how the price of money --the interest rate--is critical to making the right savings and investment choices. It explains when, under various conditions, it is or is not in people's best interest to save.

Concepts:

  • Choice
  • Inflation
  • Interest
  • Investment
  • Loanable Funds Market
  • Purchasing Power
  • Saving
  • Savings
Standards:
  • Standard #2: Decision Making
  • Standard #12: Interest Rates

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