Money and Credit

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Across
  1. 1. in rural areas the main demand for credit is for _____
  2. 3. those who are in need of funds are called
  3. 6. An agreement in which the lender gives money, commodities or services to the borrower in return for the guarantee of future payment
  4. 7. for farmers repayment of loans depends on _____ from farming
  5. 9. the percentage of deposits that the bank holds as cash
Down
  1. 2. the inability to repay the amount borrowed is called ____
  2. 4. there is a huge demand for loans for various ___ activities
  3. 5. those who have surplus funds are called
  4. 8. banks charge higher rate of interest on what