Across
- 2. What is the power to increase or decrease the “money supply” (the amount of money circulating through the United States) called?
- 4. What is the other type of monetary policy?
- 6. What is it called when we are making more goods and services?
- 7. _____ is when someone is considered suitable for credit
- 8. Prices not going up too quickly is called what?
- 10. The ____ shows the quantities demanded at all possible prices
- 16. ____ is the study of the economy as a whole
- 17. ____ is the desire, ability, and willingness to buy a product
- 22. Simple clothing, bottled water, and crock-pots are all part of what hacks?
- 23. when buying a home, you must pay a ____ of 3.5% of the value of the home
- 24. ____ is the amount of a product offered for sale at all available prices
- 25. A recession and inflation is called what?
Down
- 1. Sales tax is also called
- 3. ____ is the study of individuals and businesses in an economy
- 5. ____ is work or labor performed for someone else
- 9. What type of monetary policy should the FED use during high inflation?
- 11. The point where the supply curve and the demand curve cross is called ____
- 12. Most people having a job is called what?
- 13. The ____ states that consumers will buy more of a product at lower prices and less at higher prices
- 14. ____ is something that is a requirement for survival
- 15. You could have over 1 million dollars when you retire if you ____
- 18. The 50/30/20 rule is important for people living on ____
- 19. ____ is something that you would like to have, but don’t need it to survive?
- 20. The federal reserve system also goes by ____
- 21. ____ is how many dollars worth of goods and services are made in a country over time (typically one year)