Across
- 2. Money awarded for college based on merit
- 4. describes when the economy is getting larger
- 6. consistent rise in prices
- 8. This is typically paid at the beginning of purchasing a house
- 9. Studies how people get their basic needs
- 15. Government set limit on the price of goods
- 17. As prices increase this increase
- 19. The total value of finished products a nation produces
- 21. Money the government spends
- 22. Economic decisions are made by the government
- 23. Type of unemployment caused by lack of skills or demand
- 25. The cost of borrowing money
- 26. A service purchased to reduce risk
- 28. Divides up work into smaller tasks for more efficiency
- 32. Planning where every dollar you earn will go
- 33. Money Awarded for college based on need
- 35. One's ability to borrow money
- 36. The amount of time someone spends at a given job
- 38. Money the government collects in taxes
- 40. Protects/guarantees a product for a so many months after purchase
- 42. describes when the economy is getting smaller
- 43. Adjustable rate mortgage
- 45. Economic decisions are made by buyers and sellers
- 46. A tax on imports
- 48. Type of taxes taken directly out of your paycheck
- 52. Goods have less use in large numbers
Down
- 1. When congress makes decisions about government spending
- 3. The cost of making a different decision
- 5. This describes the percent of your income that foes towards paying off debt each month
- 7. They always pay interest
- 10. The method of paying off debt in which high interest debt is paid first
- 11. Comparing prices in order to make good decisions as a consumer
- 12. Too little money following too many goods
- 13. Signs we use to see how the economy is doing
- 14. annual percentage rate
- 16. Too much money following too few goods
- 18. Combining all of your debts into one payment
- 20. The length of your loan
- 24. The Cost of insurance for a given time period
- 27. The Federal Reserve regulates the money supply and interest rates
- 29. Nations are able to trade freely with one another
- 30. They always earn interest
- 31. Nations rely on each other for goods and services
- 34. Market economy with some government intervention
- 37. This must be completed first in order to be eligible for scholarships
- 39. The amount originally borrowed on a loan
- 41. These are extra payments that go towards paying down your principal
- 44. The rate at which people who would like a job cannot find one
- 47. As prices in increase this decreases
- 49. Must be paid before insurance kicks in
- 50. People can be expected to follow self interest
- 51. Encourages a particular behavior