Across
- 2. What should the Fed do when the economy has high inflation?
- 4. What's the target percentage for inflation?
- 11. What is the second main goal that the U.S. Federal Reserve does?
- 13. What is it called when GDP is shrinking, and we’re making fewer goods and services?
- 15. What’s it called when the money supply is increased?
- 17. What is the budget called from living on a low budget?
- 18. What is it called when the change in price causes little to no change in demand?
- 19. What savings can allow you to live in luxury when your older if you invest correctly?
- 20. What's something required for survival?
- 22. Tools, equipment, machinery, and factories used to produce goods & services.
- 24. What is it called when change in price causes a big change in quantity demanded?
- 25. What's the vocab word for the next best alternative/s?
- 26. What's counted towards GDP?
Down
- 1. What vocab word is the max. an economy can produce when all productive resources are completely employed?
- 3. What years are the best to start investing for retirement?
- 5. What states that more will be offered for sale at higher prices than at lower prices?
- 6. What does CPI stand for?
- 7. What is one of the two main goals that the U.S Federal Reserve does?
- 8. What's it called when inflation is over 4%?
- 9. What states that consumers will buy more products at lower prices and less at higher?
- 10. What is it called when the government pays an individual, business, or other group to protect their production?
- 12. What can really help you save money?
- 14. What is labor performed for someone else?
- 16. What type of investment has great risk but also high reward?
- 21. What should the Fed give to the economy during a recession, more or less money?
- 23. What is the most common way people build their credit?