Finance 101: Chapter 7 & 8

1. The chance or the possibility of losing money.
5. A plan of how much you will spend and save for a period of time.
7. The number of people who are looking for work but cannot find a job.
9. A situation when there is not enough to satisfy a need; it happens when the demand is greater than the supply.
10. An arrangement with a bank that allows a person or an organization to put in and take out money.
12. The desire and willingness to buy goods or service.
13. A deposit account that pays more interest than a savings account but it has a fixed date when banks will pay you back.
14. The general increase in prices of goods and services.
15. A situation when there are leftovers after meeting all the needs; it happens when the supply is greater than the demand.
16. To take out money from the bank.

2. The availability of goods or services.
3. The date when money will be paid back.
4. The way a nation uses its limited resources to produce goods and services.
5. A check that is not accepted because there’s not enough money in the account.
6. Spending no more than what you have or what you can afford.
8. The supplies used to produce goods and services which may include materials, land, money, and people.
11. The person or business a check is made out to.
12. A card that lets you take money directly out of your checking account to make a purchase.
17. Guaranteed against losing the money.