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Module 2 – Personal and Family Finance Fill in the Blanks 2.01 1. In economic terms, marginal is another word for __________. 2.02 2. Four categories of limited economic resources are _________, __________, _________, and ______________. 3. When talking about economic resources, capital refers to ____________________. 4. One economic principle is that __________ are limited. 2.03 5. Even if an item is free to you, the item will still cost __________ to make, someone's _______, and the ______ to the store to offer it to you. 2.04 6. ______ policy is the governmental allocation and collection of money within the state? 7. Governments collect money through _______. 8. A balanced economy generally has a ________ stance. 9. An economy where more money is being collected than is being allocated or spent is known as a _____________ economic stance. 2.05 10. A share of ownership in a company is known as ________. 11. Most companies sell shares of stock to generate _________ for the company. 12. The New York Stock Exchange is an example of a _________ stock market. 1. ___________ is a sort of auction for stocks in which traders verbally submit their offers? 14. Even non-investors are influenced by the _____________. 15. Some benefits of stock markets are _____________, ________________, ____________. Key Vocabulary List Economic resources-Includes natural and manufactured resources that go into products and services. Fiscal policy-Refers to the governmental allocation and collection of money within the state. Open outcry-A sort of auction for stocks in which traders verbally submit their offers. Opportunity costs-Economic choices where resources could have been used to create another item or used for another purpose. Stocks- Shares of ownership in a company. Stock market-A place (physical or virtual) where stocks or shares in a company are bought and sold. Trading- The buying and selling of stocks.