Goals 1-4 Review

Edit Answers
12345678910111213141516171819202122232425262728293031323334353637383940414243444546474849505152
Across
  1. 3. The father of communism
  2. 6. Digital money
  3. 8. Budget where all expenses must be justified
  4. 9. A bank account that allows you to easily deposit/withdraw money
  5. 12. Labor that is highly trained or educated
  6. 13. Type of economy that has 100% governmental control
  7. 14. Natural Resources that can be replaced
  8. 19. ________ Income- What works actually bring home from a paycheck
  9. 20. Another name for trade
  10. 22. ________ Income- What workers earn BEFORE deductions
  11. 23. Little parts of a company
  12. 26. Type of economy we have in the United States
  13. 27. A legal document that expresses a person's wishes as to how their assets are distributed
  14. 28. A rise in the prices of goods/services
  15. 32. The creation of goods and services
  16. 33. Costs that DO NOT change
  17. 35. How much the supply/demand changes in response to other factors
  18. 37. An IRA that requires taxes be paid when the money comes out
  19. 38. Repeatedly performing a specific task
  20. 41. How much of a good/service consumers want to buy
  21. 43. The buyer
  22. 44. Where supply & demand intersect
  23. 45. An out of pocket fee due when going to the doctor
  24. 46. ___________ economics- the study of small scale economics
  25. 48. An item that is generally accepted as payment
  26. 49. Type of loan in which someone can borrow money up to a certain limit
  27. 51. When you offer something of value as a guarantee you're repay a loan
  28. 52. Desire to produce and sell goods to make money
Down
  1. 1. Type of economy that has ZERO governmental control
  2. 2. ___________ economics- the study of large scale economics
  3. 4. An IRA that requires taxes be paid when the money goes in
  4. 5. When there is more available than is demanded
  5. 7. Assets a person gets after the death of a loved one
  6. 10. The form you fill out to get financial aid
  7. 11. Fixed Income- An income that DOES NOT _________
  8. 12. The father of capitalism
  9. 15. A loan to a company or government
  10. 16. A market where producers offer goods and services for sale
  11. 17. When another mortgage is taken out on your home when you are still paying the original loan
  12. 18. When there isn't enough supply to meet demand
  13. 20. Stock market in which prices are rising and people are buying
  14. 21. Fee when you don't have enough money in your account to cover the transaction
  15. 24. How much of a good/service is available to buy
  16. 25. ________ Policy Government spending and taxes
  17. 29. A contract signed with a landlord
  18. 30. ___________ Income- How much money people have after they've paid their bills
  19. 31. Federal programs that guarantee payments (Ex: Social Security)
  20. 34. A type of mortgage that has a large one-time payment at then end of the loan
  21. 36. When a person/business is unable to repay a debt
  22. 39. Number that represents your creditworthiness
  23. 40. _______ Income- Money earned with little to no effort
  24. 42. The amount of your home you own
  25. 43. A type of interest that is "interest on interest"
  26. 47. Stock market in which prices are falling and people are buying less
  27. 50. Unskilled laborer are usually ________ earners (paid by the hour)