Economics Vocabulary Crossword Puzzle
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QUESTIONS LIST:
- overproduction : a situation in which more goods are being produced than people can afford to buy.
- discount rate : the rate of interest at which banks that belong to the federal reserve system can borrow money from federal reserve banks.
- federal reserve system : the central banking authority of the united states, which manages the nation's money supply.
- deficit spending : when the government spends more money than it receives in taxes.
- bank run : when individuals take all of their money out of the bank in a panic.
- unemployment : the percentage of workers who are actively looking for, but cannot get a job
- underconsumption : a situation in which people are purchasing fewer goods than the economy is producing.
- depression : a major downturn typically characterized by high unemployment, reduction in credit and consumer confidence and bank and business failures.
- broker : a person who buys and sells stocks for clients.
- recession : a mild economic downturn.
- interest : the charge made by a bank for the use of money deposited in an account.
- subsidy : a payment by the government to an industry to enable them to sell their products lower than the cost it takes to produce the product.