Economics Final

4. a positive balance after expenditures are subtracted from revenues (2 words with a -)
7. Something tangible that satisfies out wants or needs
8. The study of how human beings choose to use their scarce resources to satisfy their unlimited wants
10. abbreviated form of the Federal Reserve System
11. an excess of expenditures over revenues (2 words with a -)
14. banks belonging to the federal Reserve System
15. a collection of stocks or bonds rather than an individual stock or bond (2 words with a -)
16. Most people have a job; unemployment is below 4% (2 words with a -)
17. ____ funds are funds that invest in specific sectors of the economy
19. Something intangible that satisfies out wants or needs
21. What we sacrifice when we decide to make what we decide to make or do (2 words with a -)
23. both high inflation and recession happen at the same time
25. The amount of a good or service that a consumer is willing and able to consume at different prices

1. bank that can lend money to other banks in need (2 words with a -)
2. A list of quantities supplied at specific prices (2 words with a -)
3. Consist of Land, Labor, Capital, and Entrepreneurship
5. A list of prices and quantities demanded (2 words with a -)
6. ____ equity funds are funds that primarily purchase stock in U.S. based companies
9. economy producing fewer goods and services than before
12. ____ Funds are funds that primarily purchase stock in companies anywhere around the world
13. A graphic representation of a demand schedule (2 words with a -)
18. ____ Funds are funds that purchase stock in companies in s specific area of the world
20. The quantity of a good or service that producers are willing and able to produce at specific prices
22. How rapidly the prices are going up
24. abbreviated form of Gross Domestic Product