P/F 1.2

The willingness and ability of consumers to buy goods and services

• Demand

• Supply

• Market Economy

• Ethics

A cash allowance awarded to a student to help pay for education

• Student Loan

• Scholarship

• Financial Aid

• Grant

A loan on which the student pays no interest until he or she has graduated or is no longer enrolled in school

• Ethics

• Financial Aid

• Subsidized Student Loan

• Unsubsidized Student Loan

All of the activities related to making and distributing goods and services in a geographic area or country

• Demand

• Market Economy

• Supply

• Economy

The quantity of goods and services that producers are willing and able to provide

• Market Economy

• Supply

• Business Cycle

• Demand

An economy based on the laws of supply and demand

• Market Economy

• Demand

• Economy

• Financial Aid

The alternating periods of growth and decline in the economy

• Business Cycle

• Market Economy

• Economy

• Supply

A set of moral values that people consider acceptable

• Demand

• Business Cycle

• Ethics

• Scholarship

Money received from an outside source to help pay for education

• Scholarship

• Financial Aid

• Unsubsidized Student Loan

• Grant

Money given to pay for educational expenses that does not have to be repaid

• Grant

• Financial Aid

• Scholarship

• Loan