Finance 101: Chapter 7 & 8

5. A check that is not accepted because there’s not enough money in the account.
7. The date when money will be paid back.
10. A deposit account that pays more interest than a savings account but it has a fixed date when banks will pay you back.
12. The desire and willingness to buy goods or service.
14. A situation when there are leftovers after meeting all the needs; it happens when the supply is greater than the demand.
15. The number of people who are looking for work but cannot find a job.
18. A situation when there is not enough to satisfy a need; it happens when the demand is greater than the supply.
19. The person or business a check is made out to.

1. An arrangement with a bank that allows a person or an organization to put in and take out money.
2. Spending no more than what you have or what you can afford.
3. The chance or the possibility of losing money.
4. A card that lets you take money directly out of your checking account to make a purchase.
6. The general increase in prices of goods and services.
8. Guaranteed against losing the money.
9. To take out money from the bank.
11. The availability of goods or services.
13. The supplies used to produce goods and services which may include materials, land, money, and people.
16. The way a nation uses its limited resources to produce goods and services.
17. A plan of how much you will spend and save for a period of time.