Intro to Business Semester Review Quiz

The quantity of a good or service that consumers are willing to buy at a given price

The quantity of a good or service a producer is willing to produce at different prices

Compares the cash balance to its bank statement

The act of leaving one's job and ceasing to work

Advance a sum of money to the borrower. In return, the borrower agrees to a particular set of terms, including any finance charges, interest, repayment date, and other conditions

Are known as lenders, persons, businesses, and service providers

Ability to purchase goods and services; acquire (something) by paying for it; buy

An organization or business that provides types of financial services to customers and deals with various monetary transactions that include cash deposits, loans, raising capital, and exchanging securities

Is money's potential to grow in value over time. The relationship between time, money, a rate of return, and earnings growth

When all deductions are taken out of gross pay