Currency and Economics

What is a physical form of money?

Economics is concerned with production, consumption, and __________ ___ ________.

Absolute Advantage : _____

You need good credit to get a credit card with a decent interest rate.

This machine allows you to make electronic depostits and withdrawals from your bank accounts.

What is a good credit score?

What is a credit limit?

You need to buy new tires, you can buy them at 0% APR on the store credit card or cash from savings, what do you do?

It is important to establish separate bank accounts for business and private use.

What is Fiscal Policy?

Commodity Money is

What kind of card uses the user's own money?

What is a cash advance?

Representative money

Which type of card withdraws money directly from a bank account?

Economics is about the production and distribution of__________.

What happens if you miss credit card payments?

What represents value without intrinsic value?

You can acquire a debit card from the ______ ???

What kind of card requires funding before use?

What might be one advantage of an absolute monarchy?

What is a relationship between entrepreneurs and factors of production?

Fiscal policy refers to:

Which of the following is not a representation of money?

What is the first step to take before choosing a credit card?

Insured bank deposits and accounts?

What is the best way to use a credit card?

What is a common feature of credit cards?

What is absolute advantage

Using a debit card is the same as using fiat money.

Which of these describes commodity money?

Before you spend money on your debit card, make sure that you have ___________________ ???

Economics is the study of personal bank accounts

What kind of card has a spending limit?

4 factors of production

Representative money...

Fiscal policy is controlled by

What is a credit card?

What kind of card charges interest for balances?

Which of the following is representative money?

What represents ownership without physical form?

You have $500 in the bank until next week and you need gas and food, how should you pay for these items?

What is the currency issued by a government?

Debit cards are only connected to your savings account, while credit cards are linked to a line of credit.

Knowing the basics of building your credit, saving and spending money, and how bank accounts work is important.