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Economic Terms Personal Fine DMK

Da"Von Knight

Word Bank
Bank, Budget, Character, Consume, Decision, Workers, Spend, Savers, Economics, Expenses, Goal, Interest, Job, Market Economy `, Opportinuity cost, Saving, Save, Profit, Productivity, Deposit

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11   12            
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  19          
   

Across
3.Payments for goods and services
4.Keep money for future use; divert money from current spending to savings account or another investment
7.Amount of output (goods and services) produced per unit of input (productive resources) used.
8.A piece of work usually done on order at an agreed-upon rate.
9.A conclusion reached after considering alternatives and their results
10.Money paid regularly
12.Disposable income (income after taxes) minus consumption spending.
14.Economy that relies on a system of interdependent market prices to allocate goods, services, and productive resources and to coordinate diverse plans of consumers and producers, all pursing their own self (3 Words)
16.Persons who desire to conserve their monetary funds to the best of their ability
17.In the context of credit transactions,one of the 3 C's of Credit. Indicates how creditworthy a prospective borrower is likely to be, as determined by handling of past debts and stability in jobs and residences.
18.Spending-and-savings plan, based on estimated income and expenses for an individual or organization
19.Income received for entrepreneurial skills and risk taking.
Down
1.Second-best alternative (or value of that alternative) that must be given up when scarce resources are used for one purpose vs. another (2 Words)
2.Use money now to buy goods and services.
5.Study of how people, firms and societies choose to allocate scarce resources with altewrnative uses.
6.To buy and use a good or service
11.Something a person or organization plans to achieve in the future; an aim or desired result
13.Money put into a financial account, Also, to place money in a financial account.
15.People employed to do work, producing goods and services
18.Financial institution that provides various products and services to its customers

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