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EJ651294 - Credit Cards, Economization of Money, and Interest Rates.

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ERIC #:EJ651294
Title:Credit Cards, Economization of Money, and Interest Rates.
Authors:Steindl, Frank G.
Descriptors:Course Content; Credit (Finance); Economic Factors; Economics; Economics Education; Higher Education; Interest (Finance); Macroeconomics; Models
Source:Journal of Economic Education, v31 n3 p271-79 Sum 2000
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Publication Date:2000-00-00
Pages:N/A
Pub Types:Journal Articles; Reports - Descriptive
Abstract:Focuses on the effect of interest rates on the increased use of credit cards, a popular method of financing households. Uses three models to demonstrate that interest rates must rise, resulting in increased consumption expenditures. (CMK)
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Record Type:Journal
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ISBN:N/A
ISSN:ISSN-0022-0485
Audiences:N/A
Languages:English
Education Level:Higher Education
 

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