Economics CBM #4 Chapters 7 and 8

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Name:_________________________
Block:_______Date:______________
Economics CBM #4
Chapters 7 and 8
1. _____ A business whose main purpose is to receive deposits and make loans
2. _____ A single producer supplies a unique product
3. _____ Income that is not spent
4. _____ A few firms produce similar or identical products
5. _____ Many producers of identical products
6. _____ The amount of money borrowed
7. _____ Goods/services that are used collectively and that no one can be excluded from
8. _____ A card that lets the user buy stuff with money borrowed from the bank
9. _____ Lowering risk by investing in a bunch of different stuff
10. _____ A card that lets a user get into their bank account
11. _____ Using money to make more money
12. _____ Many producers supply similar but varied products
13. _____ Payment for the use of borrowed funds
14. _____ Where the market doesn’t work
15. _____ Anything owned that has a value
16. _____ A cost or benefit that hits a third party
17. _____ The organization of a market
a.
b.
c.
d.
e.
f.
g.
h.
i.
assets
bank
credit card
debit card
diversification
externality
interest
investing
market failure
j.
k.
l.
m.
n.
o.
p.
q.
market structure
monopolistic competition
monopoly
oligopoly
perfect competition
principal
public goods
saving
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