| A | B |
|---|
| What does the FDIC do? | make sure that customers don't lose money when a bank fails |
| What is a mortgage used to purchase? | real estate |
| What happens during a "bank run?" | Customers take out more money than the bank has |
| What happens when you make a purchase with a credit card? | the credit card pays the store |
| What is the largest source of income for banks? | the interest they get from loans |
| Examples of financial intermediaries: | credit union and finance company |
| An example of a blue chip stock - | large, well-known company on the NYSE |
| Basic components of bonds - | maturity and par value |
| What is the money someone receives "above and beyond" the money they initially put in? | return |
| What is the main disadvantage of using shells as money instead of coins? | uniformity |
