Economics crossword puzzle

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Across
  1. 4. What is the most common type of bank account?
  2. 7. The production of goods and services is usually determined by consumers and their patterns of spending.
  3. 10. An increase in the average price of goods and services.
  4. 12. The law of ______ examines how customers' buying habits change when prices increase/decrease.
  5. 14. funds you can use for education expenses, such as tuition, books, room and board, and other living expenses while you attend college.
  6. 15. An _____ rate is calculated by applying a percentage to the amount of the principal being borrowed.
  7. 17. A _____ refers to a series of stages in an economy as it expands and contracts.
  8. 19. The _____ describes the process of breaking down tasks so that separate groups or individuals can carry out each task.
  9. 20. How old can you be to open a bank account
  10. 21. Without ______, you could get stuck with a huge bill if you have any kind of medical need, from a broken bone to a chronic illness.
  11. 22. In finance, _____ represents the ownership “share” of an asset or company.
  12. 23. _____ interest is calculated on the original principal amount and also on the accumulated interest of a deposit or loan.
Down
  1. 1. A _____ gives you the ability to make purchases now and pay for them later.
  2. 2. An increase in the quantity and quality of the economic goods and services that a society produces.
  3. 3. It occurs when demand reduces, and this, in turn, produces results such as reduced prices.
  4. 5. The ability to borrow money that you promise to repay with interest.
  5. 6. A group of benefits paid to eligible taxpayers who are retired, disabled, or who survive a relative who was receiving benefits.
  6. 8. _____ refers to a government's spending and how it affects the economy, particularly if spending levels change.
  7. 9. anyone (person or business) who uses goods or services
  8. 11. When a criminal steals your personal information and uses it to commit fraud.
  9. 13. A branch of economics that deals with the performance, structure, behavior, and decision-making of an economy as a whole.
  10. 14. A safe place to keep your money, and it earns you interest.
  11. 16. Nonprofit organizations that are owned by their customers, who are called members.
  12. 18. A summary of your education, skills, and work experience, that you submit to a potential employer in person