8.2.3 Review

Front

What is money that you owe called?

Back

Debt

Front

Which word is used to describe how likely you are to pay something back?

Back

Credit

Front

What is the price of borrowed money called?

Back

Interest

Front

What is used as a way to pay for goods & services?

Back

Money

Front

What kind of card is connected to a personal bank account, so money is subtracted from it?

Back

Debit

Front

What does it mean to buy on margin?

Back

Borrowing money to invest money

Front

What are stocks?

Back

Having partial ownership in a corporation

Front

What is a risk when it comes to finances?

Back

A chance you take with money

Front

Which of the following describes an investment? Options: Having partial ownership in a corporation, Taking money and putting it somewhere to try and grow its worth, Borrowing money to invest money, A chance you take with money

Back

Taking money and putting it somewhere to try and grow its worth

Front

A baker is willing to sell 100 loaves of bread per day, while customers are willing to buy 250 loaves per day - this is an example of ... ?

Back

Excess Demand