UNIT 2 ECON

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Across
  1. 1. Which federal program in the United States provides financial support to retirees, disabled individuals, widows, and orphans?
  2. 5. A loan specifically used to purchase property
  3. 6. What card used money directly from your funds
  4. 9. When customers rush to withdraw all their money from a bank due to fear it might fail
  5. 10. A system of trading goods and services without using money is known as
  6. 12. A system where a country had to have the same amount of gold as money circulating
  7. 15. A tax charged on the money you earn from work
  8. 16. Checks or any other objects that can be exchange for money  is known as __________ money
  9. 17. A share of ownership in a company?
  10. 19. A fee paid by a borrower to a lender for using borrowed money is known as
  11. 20. True or False: 0-2% inflation is good for an economy
  12. 21. To fail to make the required payments on a mortgage is know as
Down
  1. 2. Economists use __________ to measure inflation
  2. 3. An increase in the overall price level of goods and services over time is known as
  3. 4. A tax paid on items and services you purchase
  4. 7. A market in which stock prices are generally falling
  5. 8. People with higher incomes pay a higher percentage in taxes is known as what type of tax system
  6. 9. A market in which stock prices are generally rising
  7. 11. What protects customers bank deposits/funds if the bank fails?
  8. 13. Taxes are due by
  9. 14. The United States national bank is called the
  10. 18. What card allows you to borrow from the bank with interest
  11. 22. Physical money that is backed by trust is known as _____ money