Show Me the Money!
what is a bank?
A building where people's money is kept
Is a phone a a need or a want?
need
The supply represents the cost of a loan and is expressed as a percent of the amount borrowed.
false
What is savings?
Money you put aside to keep or spend later
Is clothes a need or a want?
need
Product Value is the market value of all final products produced in a country during a specific time period.
false
What is income?
Money earned
video games a need or a want?
want
The deflation rate is the rate of change in prices calculated on a monthly or yearly basis.
false
What is barter?
Exchanging goods and services without using money
is toys a need or a want?
want
is The activities involved in buying and selling goods on a large scale a commerce
true
What is credit?
buying something and promising to pay for it later
is food and water a need or a want?
need
Fiscal policy is the tax and spending decisions made by the president and the supreme court
True