Across
- 2. Money is used to compare the prices of different goods and services
- 6. Items that have value and are used to buy goods and services
- 7. Purchases not essential to daily living
- 10. Payment received for goods and services
- 13. Money that only has value because the government says it does, and the population trusts the government
- 14. All monthly expenses associated with essential goods and services
- 17. Money must be easy to carry
- 19. Trading one good or service for another instead of using currency
- 20. Expenses that change throughout the year
- 21. An amount of money that is owed to someone
- 22. Money must be able to withstand the wear and tear of many people using it
- 24. Money must be relatively scarce and hard for people to obtain
- 25. Expenses that are the same every month
Down
- 1. Helps a person determine if they are spending too much money on certain things, or if they are spending money too quickly
- 3. Money must be widely accepted as a medium of exchange
- 4. When you spend money on something you want instead of need
- 5. Anything widely accepted as payment for final goods and services
- 8. Money you take home after taxes
- 9. Money borrowed from someone else with the expectation of paying it back with interest
- 11. Costs paid in exchange for goods and services
- 12. The central bank of the United States
- 15. Money must be easily divided into small parts so that people can purchase goods and services at any price
- 16. Money makes it easier for people to save and then spend the money later
- 18. Money acts as a go-between to make it easier to buy things. Sellers agree to accept it in exchange for a good or service
- 23. Total amount of money you can earn before taxes
- 24. Money’s value must remain relatively constant over long periods of time