EPF Vocab Review

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Across
  1. 2. Tax advantaged savings account to be used for education
  2. 3. Money given based on financial need to help pay for education
  3. 5. Form used to file income taxes
  4. 6. Does not accrue interest until after graduation
  5. 8. Sliver of ownership in a company
  6. 14. Inflation and unemployment are inversely related
  7. 16. Money left over after taxes and needs are paid
  8. 20. Changing interest rates and the money supply to manipulate the economy
  9. 22. Using taxing and spending to manipulate the economy
  10. 24. Supply and demand are equal
  11. 25. The problem of infinite wants and finite resources
  12. 26. Declaring in court that you cannot pay your debts
  13. 27. Federal insurance for bank deposits
  14. 28. What must be paid before insurance will pay anything
  15. 30. Savings account specifically for retirement
  16. 31. Acting on one's own best interest
  17. 32. What you give up the chance to do when you make a decision
Down
  1. 1. Form used to show income earned and money withheld for taxes in a year
  2. 2. Guideline for how much income should go to needs, wants, and savings
  3. 3. The value of all final good produced in a country in a year
  4. 4. Tax advantaged emplmoyer sponsored retirement account
  5. 7. Pay after taxes
  6. 8. The amount producers are willing to sell
  7. 9. The amount consumers are willing to buy
  8. 10. Application for federal financial aid
  9. 11. Using psychology to manipulate decisions consumers make
  10. 12. Pay before taxes
  11. 13. Taking someone's money without their knowledge or consent
  12. 15. What is paid monthly for an insurance policy
  13. 17. Non-technical skills needed for every job
  14. 18. Interest on a loan expressed as an annual percentage
  15. 19. The loss of money's value over time
  16. 21. Taking someone's money without giving them the promised product
  17. 23. Original amount borrowed
  18. 29. Failing to pay back a lone