United States Economic Vocabulary
Across
- 2. the interest rate that banks charge banks to borrow money
- 4. an economic system where the government makes all economic decisions
- 7. when too much money is circulating and there are not enough goods, this causes inflation
- 10. policy where the federal reserve regulates the economy
- 11. when we have too much of a certain resource
- 13. the change in prices of certain goods from one year to the next
- 14. when there is not enough money circulating and products are not being sold
Down
- 1. an economic system where supply and demand basically control the system
- 3. When faced with 2 items you want, the one you give up is this
- 5. policy where the President and Congress regulate the economy
- 6. the central banking system of the United States
- 8. this is the total of all the goods and services a country produces in a year
- 9. when prices go up faster than expected
- 12. when there is not enough of a resource