Money, Money, Money
When placing money into their bank savings account, a person is making a ______.
What is DEPOSIT?
Goods and __________
What is SERVICES?
Chicago is located in this county.
What is COOK?
This popular and colorful candy brand name appeared on two of our economics quizzes this year.
What is SKITTLES?
There are 7 Ds in a W.
What are DAYS in a WEEK?
Money that is earned in a bank savings account, such as a 2% return on a savings account balance, is called _________ income.
What is INTEREST? (or PASSIVE)
Wants and _________
What is NEEDS?
Shipping goods from one country to another is known by this word which means "to send from".
What is EXPORT (or EXPORTING)?
I purchased a $10 shirt but had to pay $11 to actually buy the shirt. The extra dollar represents a 10% _____ tax.
What is SALES?
There are 50 Ss in the U.S.
What are STATES in the UNITED STATES?
This word refers to the increase, over time, in prices of things we buy. (For example a book that cost $5 in 2018 now costs $6.)
What is INFLATION?
Supply and _________
What is DEMAND?
Almost all of our shoes were made on this continent.
What is ASIA?
You can't touch this! This 10-letter word describes non-touchable, or virtual, forms of payment such as online payments, Apple Pay, credit card payments and cryptocurrency.
What is INTANGIBLE.
There are 100 Cs in a D.
What are CENTS in a DOLLAR?
Income which can be earned by doing nothing is called ____________ income. (Investment income is a good example of this non-active form of income.)
What is PASSIVE?
_______ and Exports
What is IMPORTS?
The Japanese characters for Nihon (Japan) mean the Land of the Rising ____.
What is SUN?
The majority of goods shipped for international trade are transported on massive ocean-faring boats called ______ ships.
What is CARGO? (or CONTAINER)
There are 8 Ls on a S.
What are LEGS on a SPIDER?
A rate used to convert one country's currency (money) to another is called an ________ rate. (For example, US$1 = 18.6MXP.)
What is EXCHANGE?
The 3 categories of a personal budget are Income, Expenses and __________.
What is SAVINGS?
The two countries which have by far the largest populations, at 1.4 billion people each, are China and this other Asian country.
What is INDIA?
Our government works for its ___________.
What is CITIZENS? (or PEOPLE)
There are 4 Ss in a Y.
What are SEASONS in a YEAR?