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Econ

Across
Payment of cash or cash-equivalent for goods or services, or a charge against available funds in settlement of an obligation
How much you need
number ranging from 300-850
interest calculated on the initial principal and also on the accumulated interest of previous periods of a deposit or loan
basic economic problem
freedom of private business to organize and operate for profit in a competitive system without interference by government
economic measure of output per unit of input
interest rate banks charge each other on loans used to meet reserve requirements.
Having no job
ability of individuals to accumulate private property,
generally accepted form of money
asset or item acquired with the goal of generating income or appreciation
act of trading goods or services between two or more parties without the use of money
Down
amount of money that a company actually receives during a specific period
rate charged to commercial banks and other depository institutions for loans received from the Federal Reserve's discount window
is a loan or extension of credit in which the proceeds are dispersed in full when the loan closes and must be repaid by a specified date.
the basic relationship between scarcity and choice.
system of production
inputs that are used in the production of goods or services in the attempt to make a profit.
factors used in producing goods or providing services
amount of something
place where sellers of particular goods or services can meet with buyers