economics: section 8.2

• interest

• dividends

fill in the blank

the incentive to save is the desire to gain _______ or _______

reward

fill in the blank

the anticipation of a _______ prevents money from being spent in the present

saver 

the person who puts their money in the bank

creditor 

the bank that takes the money and lends to another

debtor

the one who borrows the money from the bank/saver

inflation

caused by the printing of excess money

increasing 

fill in the blank 

inflation results in the price of goods and services ________

1. scarcity

2. increase

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other causes of inflation:

1. ________ in supply of goods and services

2. ________ in cost of goods and services

1. hide

2. profit and nothing

fill in the blank

wise savings (parable of the talents):

1. A wise person doesn’t ____ money away 

2. Invested money leads to ______; “hidden” money leads to _______