Show Me the Money!
need or wants
True or False
100

what is a bank?

A building where people's money is kept 

100

Is a phone a a need or a want? 

need

100

The supply represents the cost of a loan and is expressed as a percent of the amount borrowed.




false

200

What is savings?

Money you put aside to keep or spend later

200

Is clothes a need or a want?

need

200

Product Value is the market value of all final products produced in a country during a specific time period.

 false

300

What is income?

Money earned

300

video games a need or a want?

want

300

The deflation rate is the rate of change in prices calculated on a monthly or yearly basis.

false

400

What is barter?

Exchanging goods and services without using money

400

is toys a need or a want?

want

400

is The activities involved in buying and selling goods on a large scale a commerce 

true

500

What is credit?

buying something and promising to pay for it later

500

is food and water a need or a want?

need

500

Fiscal policy is the tax and spending decisions made by the president and the supreme court

True

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