Economics

2. an approximation of revenue and expenses over a specified period of time
4. a legal process where you declare bankruptcy
8. a person who purchases goods and services for personal use
9. a term for matters regarding the management, creation, and study of money and investments
11. income tax is applied to an individual's taxable income and is paid on all forms of income
14. a thing that is borrowed, especially a sum of money that is expected to be paid back with interest
15. something, usually money, owed by one party to another

1. an increase in the level of prices of the goods and services that households typically buy
3. the action of buying and selling goods and services
5. the state of a country or region in terms of the production and consumption of goods and services and the supply of money
6. put money into financial schemes, shares, property, or a commercial venture with the expectation of achieving a profit
7. a significant decline in economic activity spread across the economy
10. the price you pay to borrow money or the return earned on an investment.
12. a system of money in general use in a particular country
13. putting capital to use today in order to increase its value over time