Economics Chapter 6 Vocabulary

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Across
  1. 3. the total amount paid to use credit
  2. 5. the ease with which any asset, such as savings or a stock, can be converted to cash
  3. 6. ownership in a corporation
  4. 7. profits distributed to stockholders
  5. 12. the cost of credit calculated as an annual percentage rate of the principal borrowed
  6. 14. a grant or contribution of money
Down
  1. 1. an initial amount of savings or an original amount of money borrowed
  2. 2. earnings paid weekly, monthly or on a yearly basis
  3. 4. the final of all goods and services produced within a country in a year
  4. 8. the capital acceptable to a lender for a loan
  5. 9. the money you take home after taxes are paid
  6. 10. the payment of taxes on interest after the interest is earned, often upon retirement
  7. 11. earnings paid by the hour or unit of production
  8. 13. an expense