Income
Financial Choices
Savings
Insurance
The Federal Budget
100
Money that is used at your disposal
What is disposable income
100
A compromise
What is a Trade Off
100
A savings plan with a set length of time that you must keep your money in the account
What is a Time Deposit
100
Insurance to help protect families from loss of income
What is life insurance
100
Income from a variety of sources
What is revenue
200
Money paid through an hourly rate
What is wages
200
A financial plan
What is a budget
200
The ability to turn savings back into cash
What is Liquidity
200
The amount of a paycheck after the deductions are taken out
What is net pay
200
Regulation of the money supply by the Federal Reserve System
What is monetary policy
300
Extra pay or income for achieving a goal
What is a bonus
300
The money you spend varies
What is variable expenses
300
A percentage of ownership in a company
What is stocks
300
Amounts subtracted from your gross pay
What is deductions
300
DAILY DOUBLE!!! The money we make at home in the U.S. Goods, products and money. Total value of something
What is GDP (Gross Domestic Product)
400
Money that is paid for borrowing money
What is interest
400
Money that is owed or due
What is debt
400
Money that is saved up
What is savings
400
How much income a company has available to pay in dividends and reinvest
What is earnings
400
A government’s decision about the amount it collects in taxes
What is fiscal policy
500
Fixed income given over the year
What is a salary
500
The ability of a customer to obtain goods or services before payment
What is Credit
500
A bond that is considered the safest security in investments
What is a Government Bond
500
A tax on certain items such as alcohol, tobacco, and gasoline
What is excise tax
500
The amount in a year in which government spending is greater than government income
What is a deficit
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Economics Final Review
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