Economics Vocabulary

3. The physical money in an economy which comprises the coins and paper notes in circulation.
4. A plan you write down to decide how you will spend your money each month.
7. The portion of income is not spent on current expenditures
8. Rate The percentage of an amount of money that is paid for its use over a period of time.
10. When money is given to another person in exchange for repayment of the loan principal amount plus interest.
11. The income that a firm receives from the sale of a good or service to its customers.
12. Certificates of debt that carry a promise to buy back the bonds at a higher price.

1. The ability of the consumer to acquire goods or services prior to payment with the faith that the payment will be made in the future.
2. The price you pay to borrow money or the return earned on an investment.
5. Money that an individual or business entity receives in exchange for providing a good.
6. A share of ownership in a corporation.
8. The production of goods that will be used to produce other goods.
9. Spending on productive stuff to a palatable level makes spending an economic spending.