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ECO 205 - Vocabulary #2

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Across
1
An estimate of income and expenditure for a set period of time.
2
Goods bought and used by consumers, rather than by manufacturers for producing other goods.
3
Money in coins or notes, as distinct from checks, money orders, or credit.
5
A long and severe recession in an economy or market.
7
The ability of a customer to obtain goods or services before payment, based on the trust that payment will be made in the future.
Down
1
A person judged by a court to be insolvent, whose property is taken and disposed of for the benefit of creditors.
3
An amount that has to be paid or spent to buy or obtain something.
4
A sum of money placed or kept in a bank account.
5
The amount by which something, especially a sum of money, is to small; an excess of expenditure or liabilities over income or assets in a given period.
6
Something, typically money, that is owed or due.