Economics: Unit 3 Review 2

2. America's first secretary of the Treasury.
5. American politician who believed that paper money "deluded" the people.
6. This relationship to money is the root of all evil.
7. His assembly line production process revolutionized the automobile industry.
9. One who lends money or capital.
12. Word used by Christ to describe riches.
13. The reward someone receives when they save their money in a bank.
14. Type of account that a checking account is an example of.
16. Assets that can be easily converted into M1 money because it is highly liquid.
19. Legal entity which is distinct from the people who own it.
20. A 401-k is an example of this type of defined account.
22. When there are no restrictions or penalties placed on the exchange of goods.
25. One of the world's oldest known instruments for mathematical calculation.
26. Hebrew leader that helped Egypt through its seven year famine in Biblical times.
29. Central banking network of the United States.
32. A nation that has a large population, but its citizens have far less money to spend than the typical American worker.
33. Any form of money that has been declared a valid means of payment.
34. Arrangement provided by an employer for the intent of providing for an employee's retirement from work.
35. Standard, recognizable appearance.

1. Site of where Ford made his first automobile.
3. Type of liability that does not hold individual stockholders personally responsible to pay a firm's debts.
4. If prices decrease because money seems more valuable and stable.
8. One of the first economists to understand that unrestricted free trade between nations can be beneficial.
10. The "D" in R&D.
11. When the level of prices in the market rises because there is too much money in circulation.
15. Account holder's written order that authorizes his/her bank to withdraw funds from an account.
17. Investment company that combines resources of all their shareholders and invests the money in a wide variety of areas.
18. Legendary Greek king who supposedly could turn things into gold by only a touch.
21. The things that Jesus said to not to lay up on Earth.
23. A production system that can turn out masses of identical products.
24. Asserted value of an item.
27. When the costs of production have increased, but production and sales have not increased proportionately.
28. Payments given in exchange for insurance against loss.
30. Sum cost of all the factors of producution used in producing one unit of a good.
31. Coins that are deliberately lowered in quality and value.