Across
- 3. the value of your next best alternative for your time and/or money
- 6. issues can the Fed address with monetary policy
- 9. amount of a resource
- 12. when money supply is increasing
- 14. When you receive a check from the government, where does that money come from?
- 15. what is NOT a part of your "Disposable Income"
- 19. what "Savings Plan" offers no/low minimum deposits, low interest, and no penalty for withdrawing funds
- 22. What happens when the Fed increases the reserve requirements on banks
- 23. TOTAL of all of money earned within the United States
- 24. A person who is making rational economic decisions when purchasing a good or service is first considering...
- 25. What happens if aggregate demand is increasing faster than aggregate supply
Down
- 1. a good that costs a large percentage of your budget, its price is more likely to be...
- 2. Basic problem in economics
- 4. Anyone that buys things
- 5. The willingness and ability to take a risk and act on your business ideas.
- 7. As price increases, the quantity sold decreases
- 8. a measurement of the value of all final goods and services, minus depreciation
- 10. the act of trading one thing for another
- 11. The want for a resource
- 13. a good that has many substitutes, its price is more likely to be...
- 16. when money supply is decreasing
- 17. The cycle of ups and downs in the economy is known as...
- 18. The study of how people, businesses, and nations use their limited resources.
- 20. Money made
- 21. What happens if aggregate supply is increasing faster than aggregate demand