Macroeconomics Review

Front

What does ‘deposit’ mean?

Back

To put money in an account

Front

What does ‘withdrawal’ mean?

Back

To take money out of an account

Front

What does ‘saving’ mean?

Back

To set aside for future use and not spent immediately

Front

What is a loan?

Back

Money that people or companies borrow from banks

Front

What is given to customers when they keep money in their bank?

Back

Interest

Front

An area without banks is called...

Back

Banking desert

Front

Some banks charge fees for opening an account, using an ATM, or even talking to a teller.

Back

True

Front

What is a boycott?

Back

To refuse to buy, use, or participate in (something) as a way of protesting.

Front

If you boycott, that means you agree with what the business is doing.

Back

False

Front

Discrimination is the treatment of a person or a group of people differently than other people, often because of race, gender, religion, etc. True or False?

Back

True