Money for Sale
From savings deposits
How banks give out loans to customers
To stimulate growth in the economy.
What expansionary policy used for
An action that could help improve your credit history
Always pay your credit card bill on time or don't go over your limit.
A budget
Can help you keep track of your money.
A digital asset
A digital item that you can own but will never exist outside of the internet.
Simple Interest
Interest on principal only
risk management strategies.
Wearing a seat belt, not texting when driving, and driving carefully
You pay less in interest.
with a lower APR
net pay
The amount of money you're paid after all taxes and deductions are taken out of your paycheck.
GDP
The total value of all the finished goods and services produced in a country over a certain period of time.
Debt
What happens when you use a credit card
To slow growth in the economy
What contractionary policy used for?
a credit report
A history of how you pay back loans and credit cards
W-4 form
To inform your employer of how much federal income tax to withhold from your paychecks.
A positive return on investment for higher education
is when your earnings potential is higher than the cost of your education
Secured Loan
A loan backed by collateral
Monetary policy
The Federal Reserve use to regulate the nation's money supply
a credit score
A number that shows a snapshot of your credit at a specific moment in time
gig economy
A flexible market that allows you to work short-term, independent jobs.
Contractionary Policy
Policy to slow growth in the economy
a type of digital asset that can be owned
What is cryptocurrency?
All the transactions that occur in connected markets across the economies of different countries.
Global economy
The least expensive way to use your credit card
Pay the whole balance every month.
Premium
The amount you pay monthly for insurance
Co-signer
Someone who puts their name and reputation on a loan with you.