20 questions
The money or payment received for goods or services is called
credit
savings
income
spending
To pay out, or use money, wealth, resources, etc.
savings
credit
income
spending
Belief that a person can repay money borrowed for an item.
savings
credit
spending
income
amount(s) of money laid away to be used at a later time.
spending
savings
credit
income
To lend money to a person or business in order to gain more money in return.
supply
investing
interest
budget
an estimate of expected income and expense for a given time.
supply
interest
budget
investing
In finance, an amount paid or charged because one borrowed money.
supply
interest
investing
budget
a quantity of something on hand or available for use; a stock or store
budge
interest
investing
supply
the state of being wanted for purchase or use.
standard of living
goods
demand
service
articles of trade; merchandise
standard of living
goods
service
demand
work for a person, organization, or government, where some sort of task is accomplished
standard of living
service
demand
goods
a level of comfort in everyday life enjoyed by a community, class, or individual
standard of living
goods
service
demand
When you allow a bank to use the money you deposit, you receive _.
interest
a thank you note
deductibles
a budget
The extra fee you pay to the bank when you borrow money from them is called __.
budget
savings
taxes
interest
A plan for your spending and saving is called a __.
credit
budget
standard of living
credit card
Using your money to make more money is called _______.
goods
budget
investing
credit card
A type of job where a person performs some sort of work for another is called a _.
goods
service
credit
tax
An example of a "good" is __.
a car
painting a portrait
giving a haircut
paying taxes
An example of a service is __.
paying interest
mowing a lawn
a box of cereal
a credit card
If you enjoy a high standard of living, you probably __.
are homeless
got an education and worked hard at your job
work at a low-income job
are unemployed