Econ Misc. 1
Receiving of funds either directly or indirectly to buy goods and services today with the promise to pay for them in the future
Credit
Albany is the capital city of what state?
New York
main functions of this financial institution are to accept deposits, lend funds, and transfer funds for individuals and businesses
commercial bank
Santa Fe is the capital city of what state?
New Mexico
Cost of credit expressed as a yearly percentage?
APR
an installment debt owed on property, houses, buildings, land
Mortgage
Warsaw is the capital city of which Eastern European country? (Romania, Poland, Ukraine, Hungary)
Poland
This financial institution accepts deposits and lends funds
Savings and Loans
Stockholm is the capital city of which Northern European country? (Norway, Netherlands, Sweden, Finland)
Sweden
the state of legally having been declared unable to pay off debts owed with available income
Bankruptcy
amount originally borrowed
principal
In the movie Ice Age, what is the sabertooth tiger’s name?
Diego
financial institution, owned and operated by its members, provides savings accounts and low interest loans
credit union
President that gave us the “New Deal” (F. Roosevelt, T. Roosevelt, R. Reagan, H. Truman)
F. Roosevelt
President that introduced the Consumer’s Bill of Rights
Kennedy
repaying this type of loan with equal payments over a period of time
installment debt
President Lincoln was assassinated by John Wilkes Booth in what theatre?
Ford's
law restricting the amount of interest that can be charged for credit
Usury Law
This medieval heroine was known as the Maid of Lorraine
Joan of Arc
income a person has left after all taxes have been paid
Disposable Income
amount the borrower must pay for the use of someone else’s funds
interest
I am 27 Feet Wide when 2 people stand on me and 36 feet wide when 4 people stand on me. (Hint: sports)
Tennis Court
manufactured items that have a lifespan longer than three years.
Durable good
Former President Bill Clinton was Governor of what state? (Arkansas, Kansas, Washington, Oregon)
Arkansas
this government regulations cannot be denied credit because of race, religion, national origin, gender, marital status or age
Equal Credit Opportunity Act