Economics

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Across
  1. 4. Future value is the amount that's not known but will be solved in the calculation. It's the amount wanted in the future.
  2. 7. The different possibilities to choose from in a given situation.
  3. 8. Ways in which to distribute goods, services or resources.
  4. 10. The name of the Fed's approach to implementing monetary policy. This regime features a sizable level of reserves in the banking system such that small adjustments to the level do not affect the market-determined federal funds rate.
  5. 11. A non-standard mortgage owed by a borrower characterized by a strong credit history but with fewer traditional features—for example, reduced documentation, low down payment, or non-owner occupier.
Down
  1. 1. The percentage cost of credit on an annual basis and the total cost of credit to the consumer. APR combines the interest paid over the life of the loan and all fees that are paid up front.
  2. 2. An increase in value. Currency appreciation is an increase in the value of one currency relative to another.
  3. 3. A graphical depiction of the amounts of real output (gross domestic product [GDP]) that businesses will choose to produce at each possible price level.
  4. 5. A series of fixed payments of the same amount paid at regular intervals (i.e., every week, month, or pay period) over a specified period of time.
  5. 6. A process or set of rules to be followed in calculations or other problem-solving operations, especially by a computer.
  6. 8. The tendency for a person to rely heavily on the first piece of information they receive when making decisions.
  7. 9. A sizable level of reserves in the banking system such that small adjustments to the level do not affect the market-determined federal funds rate.