twenty questions economics: twenty questions 12345 678910 1112131415 1617181920
TRANSCRIPT
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Twenty Questions
ECONOMICS:
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Twenty Questions
1 2 3 4 5
6 7 8 9 10
11 12 13 14 15
16 17 18 19 20
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1. This has a fixed interest rate for a specified period of time.
Certificate of deposit.
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2. Interest rate changes over time.
Money market account.
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3. When employee’s pay Is deposited into bank account
Direct deposit.
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4. A computer terminal that you can withdraw or deposit cash from
Automated teller machine
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5. Electronically moves money from one bank to another
Type the answer here.
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6. Can be replaced if lost or stolen.
Travelers checks
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7. You pay the currency exchange and they issue one of their checks
Money order
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8. Boxes with individual locks that you may rent from a bank
Safe deposit boxes
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9. The amount of money borrowed.
Principal
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10. Length of time the money is borrowed.
Term
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11. In Illinois, a car owner must have this type of insurance
Liability insurance.
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12. A way to save money when shopping.
Comparison shopping.
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13. New product warranty when there isn’t a written one.
Implied warranty.
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14. Federal cooling off period.
3 days.
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15. If a consumer refuses to pay for repairs, the car shop can…..
Place a lien on the property.
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16. Sticker price.
Is generally discounted in part on the basis of the buyer’s negotiating ability.
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17. Safety features are important because.
In an average year, one in three motorists is involved in an accident
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18. A lease is a…
Rental agreement.
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19. Terms in a lease.
May be negotiated with a landlord.
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20. Credit.
The ability to borrow money in return for a promise of future repayment.