Write a sentence or two giving the origin of the word concave and how the word applies to graphs of functions.
Chapter 8 ~ Econ 202 ~ Saving, Investment and the Financial System Financial Institutions in the U.S. Economy Section Prelude ~ the U.S. financial system is made up of many types of financial institutions; such as, the bond market, the stock market, banks, mutual funds, hedge funds and venture capitalists. All of these institutions act to direct the resources of households that want to save some of their income into the hands of households and firms that want to borrow. When savings increase, investment increases and thus capital assets increase which in turn eventually leads to economic growth. The financial system consists of the groups of institutions that help to match one person’s saving with another person’s investment. Saving and investment (in regards to GDP) are key in