Economics

4. When people invest in an asset, expecting it to keep on going up in price and having unrealistic returns on investment (ROI)
6. A policy that dictates how the money supply is controlled and how high interest rates should be
7. A sudden and steep decline in the stock market, usually indicating the beginning of an economic downturn
8. When prices of assets go up rapidly
9. A good that is widely accepted for purposes of exchange or repayment of a debt.
11. Quantitative _________, which lowers interest rates to stimulate economic growth
12. when an individual, group or institution owes money to another individual, group or institution.

1. A mortgage loan that was given to people with bad credit history
2. A sum of money that is borrowed and must be repaid
3. Quantitative __________, which raises interest rates to fight inflation
5. The side effect that affects third-party people have to endure. (i.e. living next to a factory that pollutes)
10. The central bank of the U.S. that oversees the financial institution