economics Crossword Puzzles
Economics Final 2024-06-07
Across
- money spent by officials
- the loss of potential gain from other alternatives when one is chosen
- the current president of the US
- mandatory payment to the government to cover costs of general government
- the amount of $ a lender or financial institution recieves for lending $
- the amount of goods/services that are available to buy vs the amount people want to buy
- the way one thing changes in a given environment in response to another variable that has changed value
- where investors buy/sell shares of companies
- an economic/political system where property, business
- how to produce, what to produce, for who to produce it
Down
- using borrowed $ with the agreement of paying it back
- when $ is given to another party in exchange for repayment of the loan principal amount and interest on top
- an event caused by the stock market crashing, lasted from 1929-1941
- the rate of increase in prices over a given period of time
- a spending plan based on income and expenses
- method used by companies to adjust prices based on demand
- Land, Labor, Capital
- form of payment, can be physical/digital
- a measurement of how much $ is earned vs amount spent
- the ability of someone to buy things/use money before paying, " " score
20 Clues: Land, Labor, Capital • money spent by officials • the current president of the US • form of payment, can be physical/digital • a spending plan based on income and expenses • where investors buy/sell shares of companies • using borrowed $ with the agreement of paying it back • a measurement of how much $ is earned vs amount spent • ...
HEALTH ECONOMICS 2024-09-14
Across
- Clues:
- Health - International health issues and challenges.
- - Financial planning for healthcare services.
- - The desire or need for healthcare services.
- - The ability to maintain healthcare services long term.
- - A person or institution that delivers medical services.
- - The ability to use or obtain healthcare.
- - The economic system for buying and selling healthcare services.
- - The financial requirement for healthcare services.
- - Variety within healthcare workforce or population served.
- - The management of money within healthcare.
- - Fair and impartial healthcare access for all.
- - Something that encourages specific behavior in healthcare.
- Chain - The network involved in producing and distributing healthcare goods.
Down
- - The availability of health resources like medication and staff.
- - Related to government-supported healthcare.
- Clues:
- - The result of healthcare interventions and services.
- - Individuals or groups with an interest in healthcare outcomes.
- - The optimal use of resources to deliver healthcare.
- - Actions taken to prevent illness or injury.
- - Financial protection covering health-related expenses.
- - Systematic investigation into health issues and solutions.
- - Moral principles guiding healthcare decisions.
- - The care provided to manage or cure health conditions.
- - New methods, ideas, or products in healthcare.
- - A comparison of the benefits and costs of health interventions.
- - The ability to reach or use healthcare services.
- - Plans or decisions guiding healthcare practices.
- - Information gathered to make healthcare decisions.
- - Financial assets or resources for healthcare systems.
- - The wealth and resources of a country affecting healthcare.
32 Clues: Clues: • Clues: • - The ability to use or obtain healthcare. • - The management of money within healthcare. • - Related to government-supported healthcare. • - Financial planning for healthcare services. • - Actions taken to prevent illness or injury. • - The desire or need for healthcare services. • - Fair and impartial healthcare access for all. • ...
HEALTH ECONOMICS 2024-09-14
Across
- - Plan for healthcare spending.
- - Ability to use healthcare.
- - Individuals interested in healthcare.
- - Study to improve healthcare.
- - Relating to moral decisions in healthcare.
- - Price of healthcare services.
- - Calculating healthcare expenses.
- - Information for healthcare decisions.
- - New healthcare methods or products.
- - Resources for healthcare investment.
- - Management of money in healthcare.
- - Care given to manage a health condition.
- - Need for healthcare services.
- - Maintain healthcare long-term.
- - Fairness in healthcare distribution.
Down
- - Moral principles in healthcare.
- - Government-supported healthcare.
- - Availability of healthcare services.
- - Optimal use of health resources.
- - Standard of healthcare services.
- - Results of healthcare services.
- - The healthcare economy.
- - Financial protection for health expenses.
- - Encouragement for specific actions in healthcare.
- - International health issues.
- - Avoiding illness or injury.
- - Ensuring fairness in healthcare distribution.
- - Variety in healthcare populations.
- - Availability of health resources.
- - Guidelines for healthcare practices.
30 Clues: - The healthcare economy. • - Ability to use healthcare. • - Avoiding illness or injury. • - Study to improve healthcare. • - International health issues. • - Plan for healthcare spending. • - Price of healthcare services. • - Need for healthcare services. • - Maintain healthcare long-term. • - Moral principles in healthcare. • - Results of healthcare services. • ...
APPLIED ECONOMICS 2024-04-27
Across
- there is only one seller
- name of our subject
- there are large numbers of sellers selling differentiated products which are similar in nature but not homogenous
- is a division of economics that is concerned with the overall performance of the entire economy
- consumers buy more of a good when its price decreases and less when its price increases
- the study of production, distribution, selling and use of goods and services
- a process and it exists when a group of buyers and sellers communicate to exchange goods and services
- This is the authoritative system wherein decision-making is centralized in the government or a planning committee
- Methods are stagnant and therefore not progressive
- assemble and integrate all the resources needed- the money, the people, the business model, the strategy- needed to transform an idea into business
- how many branches of economics are there
- how many basic economic problems of society are the
- the essential of life, such as food and shelter
- a market situation in which there are few firms producing either different goods or closely differential goods or closely differential goods
- a property from which the owner receives payment from the occupant(s), known as tenants, in return for occupying or using the property
- is when a good is scarce compared to its demand
- physical and human effort exerted in production
- the limited nature of resources, which underlies the basic economic problem
- a state in which the supply and demand for a given good or service are in balance
- the processed materials, equipment, and buildings used in production
- the law of demand describes how prices affects ____
- Soil and natural resources that are found in nature and are not manmade
- the law of supply describes how price affects ______
Down
- refers to the value of the best foregone alternative
- captain of the industry
- can exist in one place or another; can also be virtual
- quantities of a particular good or service consumers are willing and able to buy at a different possible prices
- described economics as study of mankind in the ordinary business life
- desires for non-essential items
- refers to and increase in the value of an asset over time
- mixture of market and command economy
- graphical representation
- refers to the minimum amount of remuneration that an employer is required to pay wage earners for the work performed during a given period
- means single
- came from nature that are used in production, including land, raw materials, and natural process
- process of setting prices of goods
- an asset or item acquired with the goal of generating income or appreciation
- there are two sellers of a commodity such that actions of each seller has predictable effect on the other seller/rival
- studies the decision and choices of the individual units and how these decisions affect the prices of goods in the market
- is when supply is limited
- businesses take loans to fund projects and pay back in installments
- large number of sellers sell a homogenous product at uniform price
- the art of turning idea into business
- This is the most democratic form of economic system
- a good that can be used in place of another
- tendency of suppliers to offer more of a good at a higher price and less at lower prices
- all about the machines needed in the production
- the a mount of a product that is offered for sale at all possible prices in the market
- a mandatory financial charge or some other type of levy imposed upon a taxpayer by a governmental organization in order to fund various public expenditures
- means seller
50 Clues: means single • means seller • name of our subject • captain of the industry • there is only one seller • graphical representation • is when supply is limited • desires for non-essential items • process of setting prices of goods • mixture of market and command economy • the art of turning idea into business • how many branches of economics are there • ...
Applied Economics 2024-09-29
Across
- The process of combining land, labor, and capital to create new businesses and products, taking risks and innovating.
- Dishonest or fraudulent conduct by those in positions of power, often for personal gain.
- The perspective of the economy as a whole, encompassing national or global economic trends and factors.
- The amount of a good or service that consumers are willing and able to purchase at a given price.
- Unemployment A situation where a small percentage of the labor force is unemployed, indicating a healthy and active economy.
- Distribution The way in which national income is divided among different individuals and households within an economy.
- An economic system where prices and production are determined by the forces of supply and demand, with minimal government intervention.
- Goods or services that are often consumed together.
- The act of selecting one option from a set of alternatives, often based on preferences, needs, and available resources.
- growth that benefits all members of society, especially those who are typically excluded or disadvantaged.
- An economic system where the government controls all aspects of production, distribution, and pricing.
- The increase in the production of goods and services in an economy over time, usually measured as the percentage change in GDP.
- The state of being equal in terms of rights, opportunities, and treatment.
- The study of how individuals, businesses, and governments make choices about how to allocate scarce resources to satisfy their unlimited wants and needs
- Fairness and justice in the distribution of resources and opportunities.
- The perspective of individual consumers, businesses, or specific markets within the broader economy.
- A graphical representation of the relationship between the price of a good or service and the quantity demanded at each price point.
- Goods or services that can be used in place of each other.
- The human effort and skills used in the production of goods and services.
- Consumer preferences for goods and services.
- An upward movement along the demand or supply curve, indicating a higher quantity demanded or supplied at a higher price.
- The value of the best alternative forgone when making a choice. It represents the potential benefits missed by choosing one option over another.
- price at which the quantity demanded of a good or service equals the quantity supplied.
Down
- A movement of the entire demand or supply curve to the left or right.
- A situation where the quantity supplied of a good or service exceeds the quantity demanded, leading to lower prices and potential waste.
- A government-imposed minimum price that can be charged for a good or service.
- A government-imposed maximum price that can be charged for a good or service.
- The principle that, all other factors being equal, as the price of a good or service increases, the quantity demanded decreases.
- The amount of money earned by individuals or households.
- The payment made for the use of land or property.
- The state of being extremely poor, lacking basic necessities like food, shelter, and healthcare.
- A method of calculating GDP by adding up all the incomes earned in an economy, including wages, salaries, profits, and rents.
- A graphical representation of the relationship between the price of a good or service and the quantity supplied at each price point.
- The branch of economics that studies the behavior of individual consumers, businesses, and markets, focusing on topics like supply and demand, pricing, and resource allocation.
- The process of improving the standard of living in a country or region, including factors like increased income, better infrastructure, education, healthcare, and overall well-being.
- The cost of borrowing money, typically expressed as a percentage of the principal amount.
- The fundamental economic problem that arises from the fact that human wants and needs are unlimited, while the resources available to satisfy them are finite.
- The set of rules, institutions, and mechanisms that govern the production, distribution, and consumption
- Inequality The uneven distribution of income within a society, where some individuals and households have significantly higher incomes than others.
- A political and economic ideology that advocates for a classless society where the means of production are owned and controlled by the stat
- In economics, land refers to all natural resources used in production, including raw materials, minerals, and land itself.
- The branch of economics that studies the behavior of the economy as a whole, including topics like inflation, unemployment, economic growth, and government policies.
- The point where the quantity demanded of a good or service equals the quantity supplied, resulting in a stable price.
- The tools, equipment, machinery, and infrastructure used in production. It includes both physical capital (factories, computers) and human capital (education, skills).
- The act of using goods and services to satisfy wants and needs.
- A situation where the quantity demanded of a good or service exceeds the quantity supplied, leading to higher prices and potential rationing.
- An economic system where the means of production are owned and controlled by the state or collectively by the people.
- Power The ability of suppliers to influence the terms of trade in their favor.
- The difference between total revenue and total costs, representing the financial gain earned by a business.
- The payment received by workers for their labor, typically expressed as an hourly rate or annual salary.
- The satisfaction or benefit that a consumer derives from consuming a good or service.
51 Clues: Consumer preferences for goods and services. • The payment made for the use of land or property. • Goods or services that are often consumed together. • The amount of money earned by individuals or households. • Goods or services that can be used in place of each other. • The act of using goods and services to satisfy wants and needs. • ...
Myers - Economics 2025-02-04
Across
- when the quantity supplied is greater than the quantity demanded
- A rise in business activity after a recession or depression
- is the slow of economic activity (usually 2 quarters in a row)
- economic system in which economic decisions are made in the marketplace
- an index of the prices of a "market basket" of goods and services purchased by typical urban consumers.
- the study of how a society uses scarce resources to produce and distribute goods and services.
- measures the number of people who are able and willing to work but cannot find work during a given period.
- price the point at which the quantity demanded and the quantity supplied meet
- all the economic resources necessary to produce a society's goods and services
- raw materials from nature that are used to produce goods
- an organization that strives for a profit by providing goods and services desired by its customers.
- the sum of goods and services sold to businesses, consumers, the government, and other countries used in one year.
- is a peak of economic activity.
Down
- measures the prices paid by producers and wholesalers for various commodities, such as raw materials, partially finished goods, and finished products
- the quantity of a good or service that people are willing to buy at various prices
- the level of material comfort as measured by the goods and services that are available.
- used by the people who recognize opportunities and start businesses
- an organization that exists to achieve some goal other than profit.
- the combination of policies, laws, and choices made by its government to establish the systems that determine what goods and services are produced and how they are allocated.
- a general increase in the price of goods and services.
- economic system in which the basic industries are owned by the government or by the private sector under strong government control.
- the quantity of a good or service that businesses will make available at various prices
- the loss of potential gain from other alternatives when one alternative is chosen
- economic system in which a central authority makes the key economic decisions.
- when the quantity demanded is greater than the quantity supplied
- an economy that contains both private and public enterprises
- any situation where making one choice means losing something else.
- people who make the goods and services for which they are paid
- synthetic resources businesses need to produce goods or services
29 Clues: is a peak of economic activity. • a general increase in the price of goods and services. • raw materials from nature that are used to produce goods • A rise in business activity after a recession or depression • an economy that contains both private and public enterprises • is the slow of economic activity (usually 2 quarters in a row) • ...
Applied Economics 2024-11-30
Across
- the price of every unit of a foreign currency
- are commercially available goods and services
- arrangement where the employee will provide services for the employer
- people who leave one country or region
- which a nations currency price is determined
- The point at which labor demand and labor supply converge and intersect
- known as suit and tie workers who do professionals
- negative reasons that cause people to leave their homes
Down
- helps the government support
- The amount of labor that employees wish to hire at a given time
- occurs when people are in between job
- these are people from the Philippines who live work
- are workers who engages in hard manual labor
- an average spike in the price of commodities
- it is the amount of individuals from one place to another
- It is a major components of every economy in commodities and services markets
- enter and settled in foreign country
- Fewer people will work if the wage rate is low
- Amount of labor offered for hire within a given period
- are products that serve as important needs for consumer lives and survival Primecommodities are products that are not considered to be basic necessities but are necessary to consumer
- positive aspects that attract people to move to another region or location
21 Clues: helps the government support • enter and settled in foreign country • occurs when people are in between job • people who leave one country or region • are workers who engages in hard manual labor • an average spike in the price of commodities • which a nations currency price is determined • the price of every unit of a foreign currency • ...
Applied Economics 2024-11-28
Across
- It's show the positive relationship between wage rate and labor quantity
- Point of labor supply and labor demand converge and intersect
- Positive aspect the people attract to move another region or location
- A people who have immigrated to a new country or region because of the problem of their former home
- Not considered as basic commodities but necessary to consumer
- Manual labor
- Negative reason that people leave their former home
- Who leave one county or region to settle in another
- A movement of individuals from one place to another
- Excess demand in the market
- Suit and tie
- Determine based on supply and demand of other currencies in the forex market
- Commercially available goods and services
- Bangko Central ng Pilipinas
- Consist of the demand and supply of labor
Down
- Amount of labor offered for hire within a given period
- Average spike in the price of commodities
- It's shows the negative relationship between wage rate and labor quantity
- People do not have a work
- Big loans promote inflation and if inflation is high
- Between the domestic and foreign currency by the central bank
- Excess supply in the market
- People have a work
- Ratio of export rate an import price
- Opportunity cost of engaging in leisure
- Consumers live and survival
- Enter and settle in a foreign country
- Amount of labor that employers wish to hire at a given time
- Price of every unit of a foreign currency
29 Clues: Manual labor • Suit and tie • People have a work • People do not have a work • Excess supply in the market • Consumers live and survival • Excess demand in the market • Bangko Central ng Pilipinas • Ratio of export rate an import price • Enter and settle in a foreign country • Opportunity cost of engaging in leisure • Average spike in the price of commodities • ...
Applied economics 2024-11-28
Across
- The physical premises where it conducts its operations.
- The performance difference of a business and those of other businesses.
- People often demand higher wages to prepare for future price increases when they expect prices to rise.
- Intangible products that are the result of one or more people's work.
- Is a good or service that a business sells to consumers.
- market Is a specific group of potential customers who a business aims to reach with its products or services.
- Is a plan to put money to work today to obtain a greater amount of money in the future. It is also the primary way people save for major purchases or retirement.
- rate Is a pricing strategy that charges customers a predetermined fee for a specific product or service, regardless of the time spent or resources utilized.
- Is imposed on the net income of corporations, partnerships, and other entities engaged in business activities.
Down
- Is a statistical term that designates the pool from which a sample is drawn for a study.
- The effect of your actions, decisions, products, or services on your organization's performance, goals, and stakeholders.
- Is an amount of money earned that exceeds that which is economically or socially necessary.
- Rates The amount charged on top of the principal by a lender to a borrower for the use of assets.
- Is apredetermined target that a business or individual plans to achieve in a set period of time.
- wage The lowest amount of money that employers can legally pay their employees for a given period of work.
- The business of granting to any person rights to use any goods other than books whether pursuant to a lease bailment or licence or otherwise.
- The value of the business's balance sheet is at least a starting point for determining the business's worth.
- Are used in business to measure change and express quantity in relation to a whole.
- Is any factor that could negatively impact a company's finances or operations, such as lost profits or failure.
- The money it has available to fund its day-to-day operations and to bankroll its expansion for the future.
20 Clues: The physical premises where it conducts its operations. • Is a good or service that a business sells to consumers. • Intangible products that are the result of one or more people's work. • The performance difference of a business and those of other businesses. • Are used in business to measure change and express quantity in relation to a whole. • ...
APPLIED ECONOMICS 2024-11-04
Across
- - table that shows the relationship between the price of a good and the quantity producers are willing to sell at each price.
- - Represents the value of a currency in terms of the amount of goods and services that can be bought with a given unit of money.
- - policy refers to the use of government spending and taxation to influence the overall economy.
- - this is where the buyers and sellers meet to exchange good and services.
- - When a person actively searches for a job and is unable to find work.
- - A general decrease in the price level of goods and services over time.
- - the abuse of entrusted power for private gain.
- - political and economic system in which property and the means of production are owned in common, typically controlled by the state or government
- - The movement of people from one place to another.
- - Greek word of administration
- - graphic representation of the relationship between product price and the quantity of the product demanded.
- - The physical or financial resources used to produce value in an economy.
- - Theory argues that population growth tends to outpace the growth of food supply and other resources.
- - Refers to an increase in the size of a country's economy over a period of time.
- - a policy of minimum governmental interference in the economic affairs of individuals and society.
- - condition where the quantity of a product or service demanded is greater than the quantity supplied at the market price
- - financial assistance, usually from the government, given to individuals, businesses, or industries to encourage specific activities or reduce their costs.
- - Refers to the situation where individuals who are actively seeking employment are unable to find work.
- - the lowest hourly wage that employers are legally allowed to pay their workers
- - usually performs manual labor or skilled trades, often in non-office settings.
- - tax governments impose on income generated by businesses and individuals within their jurisdiction
- - when the quantity demanded or supplied changes due to a change in price, holding all other factors constant.
- - the movement of people from one place to another.
- - Refers to the transfer of money, goods, or services from one party to another
- - Positive aspects that attracts people to move to another region or location.
- - consumption tax imposed by the government on the sale of goods and services.
- - The loss of potential gain from other alternatives when one alternative is chosen.
- - a higher price leads to a lower quantity demanded and that a lower price leads to a higher quantity demanded.
- - refers to the total amount of work that individuals in an economy are willing and able to offer at a given wage level
- - Essential raw materials or goods that are widely used in production and consumption.
- - represents the interaction between employers seeking workers and individuals seeking employment.
- - The price at which one currency can be exchanged for another
- -individuals who leave their home country to live permanently in another country.
- - the income derived from the ownership of land and other free gifts of nature
- - not having enough money to meet basic needs
- - the act of using resources to satisfy current needs and wants.
- - focuses on the total income generated by all factors of production within an economy during a specific period.
- - The rate of increase in prices over a given period of time.
- - Subset of economics that focuses in the decisions of smaller agents.
- - the income derived from the ownership of land and other free gifts of nature.
- - The uneven distribution of income among individuals or households in a society
Down
- - The demand for a good or service is greater than the availability of the good or service.
- - Form of currency that exists digitally or virtually and uses cryptography to secure transactions.
- - Goods not considered as basic necessities but are essential to consumers.
- - the compensation paid to workers for their labor
- - typically performs professional, administrative, or managerial tasks in an office setting,
- - set of all quantities supplied at different price levels.
- - Refers to the total number of people living in a specific area, country, or region.
- - The total amount of money owed by a government to individuals, businesses.
- - when a factor other than price changes, such as consumer preferences, input costs, or government regulations, leading to a new relationship between price and quantity.
- - refers to the allocation of resources, typically financial capital, towards the creation or acquisition of assets with the expectation of generating future income or appreciation in value.
- - Goods whose demand decreases as consumer income increases.
- - the transfer of money sent by migrants to their families or friends back home
- - The quantity of a good or service supplied by producers equals the quantity demanded by consumers at a specific price.
- - Greek word of household management.
- - Goods that can be used in place of each other to satisfy a similar need.
- - raw materials or basic goods that are interchangeable with other goods of the same type
- - a graph that shows the relationship between price and supply.
- - refers to the quantity of labor that employers are willing and able to hire at various wage rates
- - A general increase in the price level of goods and services over time,
- - Greek word of household
- - Mental and physical contributions.
- - individuals who have moved to a new country to live permanently.
- - refers to the state of being paid to work for a company or organization
- - the difference between a country's total value of exports (goods and services sold to other countries) and its total value of imports (goods and services purchased from other countries).
- - Subset of economics that focuses on aggregates and groups of agent.
- - the market price where the quantity of goods supplied is equal to the quantity of goods demanded.
- - the total amount of work that individuals in an economy are willing and able to offer at different wage levels
- - The total satusfaction or benefit from consuming a good or service.
- - it is a a net total of the flow of payments received in a given time period.
- - table that shows the relationship between the price of a good and the quantity consumers are willing to buy at each price.
- - giving everyone the same resources.
- - the set of all quantities demanded at different price levels.
- - Payment made by an employer to an employee for work done in a specific period of time
- - an economic system in which the production of goods or services privately owned and operated for a profit.
- - the amount of money that a buyer gives to a seller in exchange for a good or a service
- - individuals who has been forced to flee conflict or persecution and has crossed an international border to seek safety.
- - refer to the market values of raw materials or basic goods.
- - An individual's subjective ranking of goods and services based on their relative desirability.
- - as the price of a good or service increases, the quantity of that good or service that suppliers offer will increase, and vice versa.
- - negative reason s that cause people to leave their homes.
- - the financial gain realized when a business's total revenue exceeds its total costs.
- - taxes imposed by a government on imported goods,
- - Refers to the intellectual capacity to organize and put together the other factors of production in coordinated effort.
- - Refers to renewable and non-renewable natural resources.
- - the mandated maximum amount that a seller is permitted to charge for a product or service.
- - Latin phrase meaning "all else being equal".
- - the branch of knowledge concerned with the production, consumption, and transfer of wealth.
- - when the quantity of a good or service supplied exceeds the quantity demanded, leading to lower prices.
- - Fairness, giving more to those who need more.
90 Clues: - Greek word of household • - Greek word of administration • - Mental and physical contributions. • - Greek word of household management. • - giving everyone the same resources. • - not having enough money to meet basic needs • - Latin phrase meaning "all else being equal". • - Fairness, giving more to those who need more. • ...
1.1 Economics 2024-12-11
Across
- Subjective assessment influenced by personal beliefs
- Breaking production into tasks for efficiency
- Objective assertion that can be tested or proven
- Scarcity causing choices to allocate limited resources
- Human effort, physical or mental, in production
- A resource that is exhaustible and cannot be replaced
- Industries providing services like retail or healthcare
- Trading goods, services, or money between parties
- The study of how scarce resources meet infinite wants
- Describes a resource that is limited and exhaustible
- Focusing on producing a limited range of goods
- Industries involved in manufacturing and construction
- Extra satisfaction from consuming one more unit
- Latin for “all other things being equal” in economics
- Man-made resources like machinery used in production
- Economist famous for the invisible hand concept
- Economist known for free market advocacy
- Systems combining markets and government intervention
Down
- Economist who critiqued capitalism and proposed socialism
- Value of the next best alternative foregone
- Natural resources like soil, water, and minerals
- Simplified representations used to explain economic phenomena
- Systems where market forces allocate resources
- Describes unlimited human wants
- Combining resources and taking risks in production
- Categories of primary, secondary, and tertiary activities
- Systems where central planning allocates resources
- A good that is scarce and has an opportunity cost
- Value-based claim on what ought to be
- A resource that can replenish naturally over time
- Science A field of study analyzing human behavior, including economics
- Output per unit of input, like per worker
- Systems where buyers and sellers interact
- Process by which supply and demand allocate resources
- Industries like farming and fishing that extract resources
- Worth of a good or service based on utility and scarcity
- A medium of exchange, store of value, and unit of account
37 Clues: Describes unlimited human wants • Value-based claim on what ought to be • Economist known for free market advocacy • Output per unit of input, like per worker • Systems where buyers and sellers interact • Value of the next best alternative foregone • Breaking production into tasks for efficiency • Systems where market forces allocate resources • ...
APPLIED ECONOMICS 2025-03-19
Across
- What is the point where supply and demand meet?
- What do you call a person who buys goods and services?
- What is financial support from the government to businesses or individuals?
- What is the total market value of all final goods and services produced in a country?
- What branch of economics studies the economy as a whole?
- What is bringing goods into a country from abroad?
- What is a financial plan for income and expenses?
- What is an economic system based on private ownership?
- What is the money collected by the government from individuals and businesses?
- What is a person who starts and runs a business?
- What is a group of firms that agree to control prices?
- What is a tax imposed on imported goods?
- What is the human effort used in production?
- What is the act of using money to generate future wealth?
- What is the cost of borrowing money?
- What is the economic policy of minimal government interference?
- What measures how quantity demanded responds to price changes?
- Policy What is government policy on taxation and spending?
- Policy What is the regulation of money supply by a central bank?
- What is the condition of being jobless and actively seeking work?
Down
- What is a market structure with only one seller?
- What is it called when supply is greater than demand?
- What branch of economics studies individuals and businesses?
- What is payment for labor?
- What is the process of increased economic integration worldwide?
- What is a market dominated by a few large firms?
- What is it called when demand exceeds supply?
- What do you call a person or business that makes goods?
- What is the loss of value of an asset over time?
- What is a period of economic decline?
- What is the fundamental problem of economics?
- What is the share of profits paid to stockholders?
- What is sending goods to another country for sale?
- What is the willingness and ability to buy a product?
- Cost What is the value of the next best alternative foregone?
- What is the general rise in price levels over time?
- What is the quantity of a good that producers are willing to sell?
- What is the financial gain after costs are deducted?
- What is the opposite of inflation?
- What is a place where buyers and sellers interact?
40 Clues: What is payment for labor? • What is the opposite of inflation? • What is the cost of borrowing money? • What is a period of economic decline? • What is a tax imposed on imported goods? • What is the human effort used in production? • What is it called when demand exceeds supply? • What is the fundamental problem of economics? • ...
Economics 8.1 2025-03-04
Across
- A place or piece of equipment provided for a specific purpose.
- The act of buying something.
- The degree to which demand or supply changes in response to price changes.
- The basic physical systems and structures needed for a society to function.
- A restriction or boundary on what is possible.
- A situation where there is not enough of something to meet demand.
- A system or process used to achieve a particular result.
- An amount of something left over after requirements are met.
- The act of determining the size, amount, or degree of something.
- Something that blocks or hinders progress or movement.
Down
- The act of reducing or relieving something, such as poverty or pain.
- The minimum resources needed to support life.
- A rise and fall in levels or amounts, often unpredictably.
- The process of keeping something in good condition.
- An amount of something that is more than needed.
- The evaluation or estimation of the nature, quality, or value of something.
- Measures taken to guard against harm or damage.
- The act of substituting one thing for another.
- Shares representing ownership in a company.
- The desire and ability of consumers to buy goods or services.
20 Clues: The act of buying something. • Shares representing ownership in a company. • The minimum resources needed to support life. • A restriction or boundary on what is possible. • The act of substituting one thing for another. • Measures taken to guard against harm or damage. • An amount of something that is more than needed. • ...
Economics Crossword 2025-02-19
Across
- 3 basic economic questions
- individuals who use all three categories of factors of production to produce goods and services
- Basic term in Economics, supply of a good is available, demand is the amount that consumers are willing to buy
- measures how efficiently resources are used to produce goods and services
- are based on morals or ethics
- Domestic Product the total value of the final goods and services a country produces
- individuals who are not working but are seeking work
- limited resources
- Stability prices remain constant
- tools, machinery, factories, or manufactured goods used to produce goods and services
- choosing one option over the other option
- assurances people have
- financial plan that outlines expected income over a certain period of time
- Next best alternative
Down
- resources used to produce goods and services
- incentives that alter the cost or benefits
- increase in the value of goods and services
- where goods and services are bought or exchanged
- the goods and services you can manufacture or create with the resources that are available
- resources that are natural
- using resources efficiently (7 Econ Goals)
- fair distribution of wealth
- making your own economic decisions
- rewards or penalties that motivate individuals or businesses
- individuals or groups who purchase and use goods and services
- resources that require human effort to produce goods and services
26 Clues: limited resources • Next best alternative • assurances people have • 3 basic economic questions • resources that are natural • fair distribution of wealth • are based on morals or ethics • making your own economic decisions • choosing one option over the other option • incentives that alter the cost or benefits • using resources efficiently (7 Econ Goals) • ...
Economics Crossword 2025-03-01
Across
- - A good or service that customers no longer desire because it has been suspended by a new/better one or no longer relevant
- - Condition of the economy where unemployment rates are high and standards of living and income declines
- Cycle - Alternating periods of expansion and contraction leading to changes in the real GDP
- Goods - Something that is visible and touchable but unnecessary
- - Enhancing the production and distribution of current items by using new materials and technologies
- - People who use a product or service
- - The quantity of goods and services that people can and will purchase at a specific price
- Resources - Method by which consumers can access goods and services
- Goods - A product that can be seen or touched and is vital for surviving
- - To develop an original concept, idea, or creation that no one has ever seen or heard of
- Resources - Money, buildings, and equipment utilised in the production of goods and services
Down
- - Items that enhance comfort but is not necessary for survival
- - Producing/selling goods or services to meet consumer expectations, wants, and needs to earn profit
- - Something that is visible or touchable
- - An object required for survival
- - General rising costs for goods and services throughout a certain period of time
- Resources - Employees that work for a company to create goods or services
- - Cannot be felt with the naked eye
- - The quantity of goods and services that companies can and will sell at specific pricing
- - A person or company that produces goods
- Goods - Products that are used at the same time
- Goods - The consumption of most goods rises as people’s incomes rise
- Goods - Goods that consumers use less of as their income rises
- Goods - Products that, due to altered circumstances, can be used (or consumed) in place of another
- Resources - Raw materials from the earth, water, air
25 Clues: - An object required for survival • - Cannot be felt with the naked eye • - People who use a product or service • - Something that is visible or touchable • - A person or company that produces goods • Goods - Products that are used at the same time • Resources - Raw materials from the earth, water, air • - Items that enhance comfort but is not necessary for survival • ...
APPLIED ECONOMICS 2024-12-09
Across
- The amount of labor that employers wish to hire at a given time, illustrated by the labor demand curve Labor demand curve it shows the negative relationship between wage rate
- In cities with weak economies, there will be a housings
- Every economy in commodities and services markets.
- possesses the features of both monopoly and perfect competition. Monopoly The graph of a monopolistic competitive market
- An arrangement where the employee will provide services for the employer, and the
- High unemployment cannot persist in a long run
- The price of every unit of a foreign currency valued in the domestic currency.
- They are used primarily in creating other products,
- People migrated to a new country or religion
- A system where a par value is set between the domestic and the foreign currency by the central bank
- This is a market structure with many buyers and sellers
Down
- Buyers and sellers must accept market prices
- people who leave one country or region to settle in another.
- Amount of labor offered
- A system in which a nation's currency price is determined based on supply and demand of other currencies in the forex market.
- The high demand for houses in growing cities creates
- This is characterized by a few sellers producing similar
- Fewer people will work if the wages rate is low
- shall be compensated.
- enter and settle in a foreign country region, leaving a past home
20 Clues: shall be compensated. • Amount of labor offered • Buyers and sellers must accept market prices • People migrated to a new country or religion • High unemployment cannot persist in a long run • Fewer people will work if the wages rate is low • Every economy in commodities and services markets. • They are used primarily in creating other products, • ...
Economics Crossword 2025-02-25
Across
- workforce or people that work to produce goods and services in a business
- amount of goods and services businesses are willing and able to sell at certain prices
- a good that helps complete another in some way, ex. ketchup and hamburger buns
- raw materials that we get from the earth, water and air
- general increase in the price of goods and services over a period of time
- an item necessary for survival, ex. food, clothing, shelter
- anyone who buys or uses goods and services
- equipment, building, money, that is used to produce goods and services
- an item that can be seen or touched
- an individual or business that makes a product
- a combination of consumers, businesses and government make the decisions
- a product or service that consumers no longer want because it has become outdated
- emphasizes the government as the most important decision-maker
Down
- total value of goods produced and services provided at one place in a period of time
- low point, economy has large unemployment rates, decrease in income, etc.
- as the prices of goods and services increases, quantity demanded decreases
- goods that can be used to replace each other
- changes that results from changes in the price of a product
- sense of love and belonging, affection, acceptance and inclusion
- item not necessary for survival but that adds pleasure and comfort to life
- as people's income increases, consumption of most products raises
- used to measure general changes in market prices of a selected group of goods and services purchased by typical urban family
- when businesses rely on other businesses in order to keep going
- increase in output, income, employment, prices and profit
- four parts are recession, depression, expansion and peak
25 Clues: an item that can be seen or touched • anyone who buys or uses goods and services • goods that can be used to replace each other • an individual or business that makes a product • raw materials that we get from the earth, water and air • four parts are recession, depression, expansion and peak • increase in output, income, employment, prices and profit • ...
Economics Crossword 2025-02-26
Across
- Economy Decision are made based on religious or generational beliefs
- Economy The government has control over what and how to produce items
- Individual or company that makes the products
- A need that adheres to the people around oneself
- A need that adheres to feeling good about oneself
- A need that adheres to one’s well-being
- How much of the product they have in inventory
- Goods Items essential for survival
- Decrease in demand
- Business that rely on each other to thrive
- When product/service price increases over time
- Something that is not a physical object that satisfies wants
- Point where there is a decrease in income and decline of demand
- Cannot be touched
- Item that is not necessary for survival
Down
- When both parties are happy with the price
- Those who use the product/service
- Product that is no longer wanted
- Items that go well together
- Goods Items not essential for survival
- How much people are willing to purchase the product
- Only one part of the process to create the product
- Replace something else
- Demand increases and production increases
- Increase in output, income, employment, prices and profit
- Economy Businesses, government and consumers make decisions of what is produce and what is consumed
- A need that adheres to one’s basic needs to survive
- Item necessary for survival
- Actualization A need that adheres to being the best one can possibly be
- Those who buy the product/service
- Item that can be seen or touched
- An new idea/product
- Improve products that already exist
33 Clues: Cannot be touched • Decrease in demand • An new idea/product • Replace something else • Items that go well together • Item necessary for survival • Product that is no longer wanted • Item that can be seen or touched • Those who use the product/service • Those who buy the product/service • Improve products that already exist • Goods Items essential for survival • ...
Economics Crossword 2025-02-26
Across
- Individuals or businesses that create goods and services to satisfy consumer demand.
- Needs for belonging, relationships, and social connections, like friendship and community.
- Inputs used to produce goods and services, including natural, human, and capital resources.
- The quantity of goods or services that consumers are willing and able to purchase at various prices.
- Goods that are necessary for survival, like food, water, and basic shelter.
- An increase in the production of goods and services, often measured by GDP (Gross Domestic Product).
- Basic human survival needs such as food, water, and shelter.
- Tools, machinery, buildings, and technology used to produce goods and services.
- Organizations or entities engaged in the production or sale of goods and services.
- The labor force, or the skills, knowledge, and effort of people used to produce goods and services.
- Raw materials provided by nature, such as water, minerals, and forests.
- Products that can replace each other, such as butter and margarine.
Down
- Products that are typically consumed together, like printers and ink cartridges.
- Tangible products that satisfy people's needs or wants, like food, clothing, or electronics.
- Essentially the same as consumers, but specifically refer to people or organizations that buy goods and services.
- The desire for personal growth, achieving one’s potential, and fulfilling one’s purpose.
- A general increase in prices, leading to a decrease in the purchasing power of money.
- The point where supply equals demand, meaning the market is stable and there is no excess of goods or services.
- A severe and prolonged downturn in economic activity, often marked by high unemployment and reduced consumer spending.
- Needs related to security, stability, and protection, such as health and employment security.
- Intangible offerings that satisfy needs or wants, like healthcare, education, or entertainment.
- Goods Non-essential items that are desired for comfort or status, like designer clothing or expensive cars.
- Needs for self-esteem, respect, and recognition from others.
- The quantity of goods or services that producers are willing and able to offer for sale at various prices.
- Individuals or groups who purchase and use goods and services.
25 Clues: Basic human survival needs such as food, water, and shelter. • Needs for self-esteem, respect, and recognition from others. • Individuals or groups who purchase and use goods and services. • Products that can replace each other, such as butter and margarine. • Raw materials provided by nature, such as water, minerals, and forests. • ...
Economics Crossword 2025-02-26
Across
- The increase in the size of a country's economy (GDP)
- Needs related to human survival. such as food, water, and shelter.
- Resources in the form of the labour force, or the skills and effort people use to produce goods/services.
- The amount of goods/services the customers want to purchase at a certain price
- Resources in the form of tools, machinery, and buildings used to manufacture goods/services.
- Acts or assistance that are intangible (aren’t physical things) that satisfy wants/needs.
- Needs related to a sense of belonging, relationships, and social connections, like friendship and community.
- The rate of price increases over time, also leading to a decrease in the value of money.
- Goods that are usually bought together, like printers and ink cartridges.
- Products that are tangible (are physical things) that satisfy people's wants/needs.
- The point where the price of a good/service satisfies both the producer and the consumer, usually then becoming the sale price
Down
- Goods that are non-essential to survival and provide comfort or status, like designer clothing and expensive cars.
- Individuals or groups that provide goods/services to satisfy consumers.
- Resources in the form of raw materials provided by the Earth, such as water, metals, and wood.
- Goods that are a necessity for survival, like food, water, and shelter.
- Individuals or groups who purchase goods/services.
- All the resources used to produce goods/services from the Earth's materials.
- A long period of economic decline, which causes high unemployment and reduced spending.
- Organizations engaged in the production/sale of goods/services.
- Goods that compete with and can replace other goods due to changes, like Pepsi and Coke.
- Needs related to self-esteem, respect, and recognition from others, such as a nice car or watch.
- The final need, the realization of the desire for personal growth, achieving one’s full potential, and fulfilling one’s purpose.
- Needs related to security, stability, and protection, such as life insurance or a helmet.
- The amount of goods/services a producer has available to sell at a certain price
- Individuals or groups who use goods/services.
25 Clues: Individuals or groups who use goods/services. • Individuals or groups who purchase goods/services. • The increase in the size of a country's economy (GDP) • Organizations engaged in the production/sale of goods/services. • Needs related to human survival. such as food, water, and shelter. • Individuals or groups that provide goods/services to satisfy consumers. • ...
Applied Economics 2025-03-04
Across
- schedule – A table that lists the quantity of a good consumers are willing to buy at different prices.
- – The willingness and ability of producers to offer goods for sale at different prices.
- – Natural resources, including soil, minerals, and forests, used for economic activities.
- – The branch of economics that focuses on individual and business decisions.
- – The study of how people allocate limited resources to satisfy their unlimited wants.
- resources – The limited factors used to produce goods and services to meet human wants.
- – Non-essential goods and services that people desire but do not need for survival.
- resources – Raw materials such as land, water, and minerals used for production.
- scarcity – When the availability of a good is low compared to the demand for it.
- – A situation where demand exceeds supply, often leading to higher prices.
- – Essential items required for survival, such as food, water, and shelter.
- goods – Products that can replace each other, like tea and coffee.
- – The consumer's willingness and ability to purchase goods at various prices.
- – A place or system where buyers and sellers interact to exchange goods and services.
- scarcity – A situation where resources are naturally limited and cannot be increased.
- – Resources such as labor, capital, and raw materials used in production.
- economy – An economic system where the government makes all major economic decisions.
- cost – The value of the next best alternative forgone when making a choice.
- function – A mathematical equation that shows the relationship between quantity demanded and factors affecting it.
Down
- Marshall – An economist who defined economics as the study of mankind in the ordinary business of life.
- – The amount of money required to purchase a good or service.
- – The human effort, both physical and mental, used in production.
- – The fundamental economic problem of having seemingly unlimited human wants in a world of limited resources.
- in taste and preference – A factor that influences consumer demand based on trends and habits.
- – The study of the overall economic performance of a nation or global economy.
- – The final goods or services produced using various inputs.
- goods – Products that are often used together, like peanut butter and jelly.
- resource – The workforce, including labor and entrepreneurship, involved in production.
- – The efficiency of production, measured as output per unit of input.
- you like me to refine or simplify any of these clues further?
- material – Unprocessed natural materials used to manufacture products.
- resource – Tools, machinery, and buildings used in the production of goods and services.
- economy – An economic system where decisions are based on customs and heritage.
- economy – An economic system driven by consumer choices and competition.
- – The state in which supply and demand are balanced in a market.
35 Clues: – The final goods or services produced using various inputs. • – The amount of money required to purchase a good or service. • you like me to refine or simplify any of these clues further? • – The state in which supply and demand are balanced in a market. • – The human effort, both physical and mental, used in production. • ...
Sports Economics 2024-12-19
Across
- How much of a certain product is available
- An organization that represents the players in discussions with the league
- Where supply and demand intersect
- A new team joining a league
- Allows players whose contracts expired to sign with any team
- When a large group of players decides not to play
- A player who is allowed to sign with any team at any price
- A limit on the amount of money each team can pay its players
- Negotiation between the players association and the league
- A legal document that determines a player's salary
- Temporary limitation on how much of a good exists
- A player who can sign with any team as long as his former team doesn't match the offer
- When there are no exceptions that allow a team to go over the salary cap
Down
- How expansion teams get there first players
- A player who is very important to the team's success
- A fee that teams have to pay for going over the salary cap in some leagues
- Gives a team an opportunity to match any offer made to one former player
- A contract offered to a restricted free agent
- MLB Players Association
- When owners decide that there aren't going to be any games
- Trading players, signing free agents, and negotiating salaries
- Prevents a player from going to another team
- National Basketball Players Association
- NHL Players Association
- How many people want to buy a product
- Permanent limitation on how much of a good exists
- Resources that are used to make products
- NFL Players Association
- When there are exceptions that allow a team to go over the salary cap
- When supply is greater than demand
30 Clues: MLB Players Association • NHL Players Association • NFL Players Association • A new team joining a league • Where supply and demand intersect • When supply is greater than demand • How many people want to buy a product • National Basketball Players Association • Resources that are used to make products • How much of a certain product is available • ...
Business & Economics 2025-06-09
Across
- Consumer desire for goods or services.
- Related to nearby businesses or communities.
- The cost of borrowing money.
- Essential items for survival.
- People who buy and use products.
- Money spent to operate a business.
- Rights – Legal or ethical entitlements.
- Duties or obligations to fulfill.
- cost The trade-off of choosing one option over another.
- An item or service offered for sale.
Down
- body Authority enforcing rules and laws.
- Australian watchdog for consumer protection.
- Non-essential desires.
- Intangible offerings like banking or education.
- Brings goods into a country for sale.
- an organization that provides goods or services for profit.
- A financial plan for spending.
- Payment for work, often hourly or weekly.
- Provides products to businesses or customers.
- Putting money into assets for future returns.
- The potential for financial loss or uncertainty.
- The amount of goods available for sale.
- Physical items sold to consumers.
- benefits Weighing expenses against advantages.
24 Clues: Non-essential desires. • The cost of borrowing money. • Essential items for survival. • A financial plan for spending. • People who buy and use products. • Duties or obligations to fulfill. • Physical items sold to consumers. • Money spent to operate a business. • An item or service offered for sale. • Brings goods into a country for sale. • ...
Economics Terms 2025-05-08
Across
- anything a company does to try to persuade you to buy their product
- borrowed money
- your point of view
- a written plan for your money
- the power to persuade
- appreciation for what you have instead of comparing yourself to other people
- things you buy that change in price
- something you own
- a base that you build on
- to stop something from happening
- the idea that it is a good to buy lots of things
- a person who buys things
Down
- when people have a connection with and can easily identify a company's product or logo
- something you owe
- a feeling of guilt after buying something unnecessary
- willing to give money or time to other people
- when a thief steals and uses someone's personal information
- money you earn
- to buy things
- things you buy that do not change in price
- a behavior that is repeated over and over again
- the strong desire to do something
- to put money away to use in the future
23 Clues: to buy things • borrowed money • money you earn • something you owe • something you own • your point of view • the power to persuade • a base that you build on • a person who buys things • a written plan for your money • to stop something from happening • the strong desire to do something • things you buy that change in price • to put money away to use in the future • ...
Economics Crossword 2025-09-30
Across
- Market dominated by a few large firms
- Non-excludable and non-rivalrous good
- A good consumed with another
- A good that can replace another
- Organisation representing workers’ interests
- Transfer of state assets to private ownership
- People willing and able to work without jobs
- Increasing interconnectedness of economies
Down
- Concentrating on one task to improve efficiency
- Single seller in the market
- Total spending in an economy
- Output per unit of input
- Central bank control of interest rates and money supply
- Next best alternative forgone
- Responsiveness of demand to a change in price
- Spillover effect on third parties
- Point where demand equals supply
- Limited resources versus unlimited wants
- Sustained rise in the general price level
- Government spending and taxation decisions
20 Clues: Output per unit of input • Single seller in the market • Total spending in an economy • A good consumed with another • Next best alternative forgone • A good that can replace another • Point where demand equals supply • Spillover effect on third parties • Market dominated by a few large firms • Non-excludable and non-rivalrous good • Limited resources versus unlimited wants • ...
Economics Vocabulary 2025-10-14
Across
- The business of growing crops to sell
- Characteristics of human population such as age, GDP per capita, or literacy rate
- Money and items bought by companies that help get work done, like buildings and machinery
- A person who buys and uses goods
- Land and extracted resources from the earth, like crops, fish, oil, and natural gas
- Too much of a certain good or product
- Farming to grow only enough food for families to eat, not sell
- A place where people go to buy or sell goods, in-person or virtual
- Humans that do physical and mental work, like a workforce, staff, or employees
- The dependance of other countries for goods, raw materials, services, labor, and markets in which to sell goods
Down
- individuals that organize the factors to create a company
- The desire from buyers(consumers) for goods or products
- Merchandise or possessions
- Buy a product from an exporting country; a product going to a country
- The study of how resources are managed in the production, exchange, and use of goods and services
- Not enough productive resources to provide all goods and services
- Sell and send to another country; a product from a country
- The basic facilities and installations that help a government or community run
- The process where a business or organization develops international influence or start operating on an international scale
- Tasks or jobs you need done
- The amount of goods or products available
21 Clues: Merchandise or possessions • Tasks or jobs you need done • A person who buys and uses goods • The business of growing crops to sell • Too much of a certain good or product • The amount of goods or products available • The desire from buyers(consumers) for goods or products • individuals that organize the factors to create a company • ...
Indian economics 2025-07-08
Across
- An increase in the general price level
- When supply is more than demand
- A business owned by one person
- Government’s income from taxes
- Economic policy introduced in 1991 – Liberalization, ________, and Privatization.
- A tax on income or profits
- A person who buys goods or services
- India’s largest sector by employment.
- The apex bank of India.
- Goods bought from other countries
- Scarcity causes people to make this
- Type of inflation where prices increase due to high demand.
Down
- A reward for capital
- Something used to produce goods/services
- The cost of the next best alternative
- A place where goods are bought and sold
- Goods sold to other countries
- Study of money, goods, and services
- Money earned for work
- Ministry Government body that prepares the Union Budget.
- A person who makes goods or offers services
- Scheme guaranteeing 100 days of wage employment.
- The total market value of goods and services produced in a year (Abbreviation).
- Buying and selling of goods
- The opposite of demand
- Central bank of India
- A financial gain from business
- A basic human requirement
- A five-year period plan for economic development.
29 Clues: A reward for capital • Money earned for work • Central bank of India • The opposite of demand • The apex bank of India. • A basic human requirement • A tax on income or profits • Buying and selling of goods • Goods sold to other countries • A business owned by one person • Government’s income from taxes • A financial gain from business • When supply is more than demand • ...
ECONOMICS KEYWORDS 2025-08-05
Across
- Income a firm receives from selling products
- Where buyers and sellers interact
- 2 words - The next best alternative forgone
- Basic requirements for survival
- Things people desire but do not need to survive
- The quantity consumers are willing to buy
- The amount paid to buy a good or service
- Revenue minus costs
- Goods bought from other countries
Down
- People able and willing to work but can't find jobs
- Rise in general price levels over time
- Goods sold to other countries
- Decision made when resources are limited
- Exchange of goods and services between countries
- A person who buys goods and services
- Money spent to produce goods or services
- A person or firm that makes goods or services
- The quantity producers are willing to sell
- Money collected by the government from people/firms
- Not enough resources to meet all wants
20 Clues: Revenue minus costs • Goods sold to other countries • Basic requirements for survival • Where buyers and sellers interact • Goods bought from other countries • A person who buys goods and services • Rise in general price levels over time • Not enough resources to meet all wants • Decision made when resources are limited • Money spent to produce goods or services • ...
Economics Review 2025-11-24
Across
- An economic system characterized by shared goods and services and no classes.
- When demand exceeds supply.
- A period of temporary economic decline, often seen in a prolonged decrease in GDP
- Responsiveness to a change in price.
- a significant decline in GDP, employment, and consumer confidence spanning months or years
- A market-determined fair price where supply is commensurate with demand.
- Total spending on all final goods at a given time
- Owners of the means of production
- Increase in the costs of goods and services over time
- Experts view the economy as a _________, sometimes one of prosperity, other times one of doom.
- Banks that offer financial planning and supports people building long-term wealth; high risk, high reward
- Industrial average of the key industries of the stock market
- A sudden, drastic, and often excessive price increase on essential goods; marked by the incentive to exploit consumers’ needs for profit.
- An economic system characterized by free markets and little government regulation.
- National Detective Agency used by employers to break up strikes.
- what must be sacrificed to obtain a scarce good
Down
- someone who reduces transaction costs and facilitates exchanges between producers and consumers
- Wages remain stagnant while costs increase
- Exclusive ownership or control of the supply or trade of a commodity.
- The rate at which folks who are old enough and physically able to work are looking for a job, but unable to get one.
- Banks that hold checking and savings accounts and offers loans for businesses, homes, automobiles, and other assets
- Anything that drains income.
- When supply exceeds demand.
- The economic principle introduced by Adam Smith referring to the force that leads individuals to an unintended end
- Anything that adds to income.
- The amount of a good consumers are willing and able to buy
- The amount of a good producers are willing and able to sell
- A rapid, but often illusory or artificial, growth in an industry
- Regulated the kinds of business practices commercial banks could engage in
- Often confused with unemployment, includes about 50% of the US population
30 Clues: When demand exceeds supply. • When supply exceeds demand. • Anything that drains income. • Anything that adds to income. • Owners of the means of production • Responsiveness to a change in price. • Wages remain stagnant while costs increase • what must be sacrificed to obtain a scarce good • Total spending on all final goods at a given time • ...
Macro Economics 2025-12-04
Across
- Pattern of economic expansions and contractions
- When government revenue exceeds spending
- Policy used to slow inflation through higher interest rates
- Value of one currency compared to another
- GDP divided by population
- General rise in the price level over time
- Short-run relationship between price level and output
- Index measuring life expectancy, education, and income
- Canada’s goal to keep inflation near 2%
- Government use of spending and taxation
- Tax system where higher incomes pay higher rates
- Two consecutive quarters of negative GDP growth
- When government spending exceeds revenue
- Key interest rate set by the Bank of Canada
- Inflation caused by excess demand
Down
- Percentage of the labour force without a job
- Index used to measure changes in the cost of a basket of goods
- Inflation caused by rising production costs
- Policy used to boost the economy through lower interest rates
- GDP measured using current prices
- Cost of borrowing money
- Idea that $1 of spending creates more than $1 of economic activity
- Long-run maximum sustainable output
- GDP adjusted for inflation
- Bank of Canada actions to influence interest rates and money supply
- Total value of all final goods and services produced in a country
26 Clues: Cost of borrowing money • GDP divided by population • GDP adjusted for inflation • GDP measured using current prices • Inflation caused by excess demand • Long-run maximum sustainable output • Canada’s goal to keep inflation near 2% • Government use of spending and taxation • When government revenue exceeds spending • When government spending exceeds revenue • ...
International Economics 2025-11-24
Across
- A high form of integration where member nations share policies and often a currency.
- A deliberate downward adjustment of a fixed exchange rate.
- Sudden currency changes that a floating system helps absorb.
- An exchange rate determined by demand and supply for a currency.
- When one country can produce more output from the same resources than another.
- The reduction or removal of trade barriers.
- A system where the government sets and maintains the value of the currency.
- Records investment flows and foreign asset transactions.
- Advantage gained through innovation, productivity or strategy (Porter).
- A fall in the value of a currency.
- A country’s natural resources, labour and capital that influence what it can trade.
- The amount Australians owe to overseas lenders.
- The composition and direction of Australia’s exports and imports over time.
- The ability to meet international financial obligations without excessive foreign debt.
- A deliberate upward adjustment of a fixed exchange rate.
Down
- When one country can produce a good at a lower opportunity cost than another.
- When a central bank intervenes to influence the value of a currency.
- Model showing income flows in an open economy with injections and leakages.
- Full employment and low inflation within the economy.
- The value of exports minus imports of goods.
- Increasing cooperation between countries through trade agreements.
- When debits in the current account exceed credits.
- An increase in the value of a currency.
- Record of all financial transactions between a country and the world.
- Trade without tariffs, quotas, or subsidies.
- The value of one currency in terms of another.
- Overseas funds invested into Australian assets or businesses.
- An economy that engages in international trade and financial flows.
- Part of the BOP recording trade, income and transfers.
- The ratio of export prices to import prices.
30 Clues: A fall in the value of a currency. • An increase in the value of a currency. • The reduction or removal of trade barriers. • The value of exports minus imports of goods. • Trade without tariffs, quotas, or subsidies. • The ratio of export prices to import prices. • The value of one currency in terms of another. • The amount Australians owe to overseas lenders. • ...
Home Economics 2025-12-17
Across
- When food becomes unsafe due to germs or dirt.
- Plan for how money will be spent.
- Vitamins and minerals required in small quantities for healthy body function.
- Mineral needed for strong bones and teeth.
- Mineral that helps carry oxygen in the blood.
- What the body gets from food to function and stay active.
- Nutrient needed for growth and repair of the body.
- Helps digestion and prevents constipation.
- Main source of energy in the diet.
- Nutrients needed in large amounts that provide energy and support growth.
- Appliance used for baking and roasting.
- Proof of purchase.
Down
- Getting good quality for the price paid.
- Cutting food into small pieces.
- Diet that includes all nutrients in the correct amounts.
- Food group that provides vitamins and fibre.
- Purchasing items without planning or considering need.
- How much something costs.
- Foods that should make up a large part of a healthy diet.
- Substances needed in small amounts to keep the body healthy.
- What surfaces and hands should be before food preparation.
- Micro-organisms that can cause food poisoning.
- Nutrient needed for hydration and temperature control.
- Practices that keep food safe to eat.
- Keeping food cold to slow down bacterial growth.
- Nutrient that provides insulation and stores energy.
- Nutrients such as iron and calcium needed for strong bones and blood.
- Amount of food eaten at one time.
28 Clues: Proof of purchase. • How much something costs. • Cutting food into small pieces. • Plan for how money will be spent. • Amount of food eaten at one time. • Main source of energy in the diet. • Practices that keep food safe to eat. • Appliance used for baking and roasting. • Getting good quality for the price paid. • Mineral needed for strong bones and teeth. • ...
Economics Review 2024-03-12
Across
- The basic problem of Economics
- Another name for a Free Market
- Things of worth
- Person who brings the factors of production together
- An economy with a blend of the economic systems
- Items that are needed to survive
- The study of scarce resources
- something that is given up
Down
- Things of worth
- Used to either punish or reward behavior
- a person who owns stock
- A government in which the government owns all property
- Author of Communist Manifesto
- Adam Smith said that competition acted like this
- An economy based on what was done in the past
- This type of market when Stock prices are rising
- Work done for other people for a fee
17 Clues: Things of worth • Things of worth • a person who owns stock • something that is given up • Author of Communist Manifesto • The study of scarce resources • The basic problem of Economics • Another name for a Free Market • Items that are needed to survive • Work done for other people for a fee • Used to either punish or reward behavior • An economy based on what was done in the past • ...
Jobs and places of work Crossword 2015-05-12
25 Clues: офис • врач • завод • школа • улица • юрист • рабочий • учитель • магазин • студент • ресторан • продавец • больница • водитель • официант • экономика • медсестра • официантка • полицесйкий • университет • работа, профессия • женщина-полицейский • пенсионер, на пенсии • управляющий, менеджер • управляющий, администратор
Chapter 2 2023-09-20
23 Clues: why? • which • history • physics • library • because • english • biology • chemistry • bookstore • economics • where to? • to arrive • psychology • wastebasket • mathematics • which ones? • to have dinner • to the right of • next to;besides • computer science • to have breakfast • buisness administration
Spanish 2023-09-21
24 Clues: cual • cenar • cuales • fisica • porque • llegar • ingles • quimica • papelera • ¿adonde? • economia • historia • libreria • biologia • ¿por que? • desayunar • psicologia • biblioteca • al lado de • computacion • matematicas • a la derecha de • a la izquierda de • la administracionde empresas
Unit 2 Vocab 2021-11-10
20 Clues: easy • today • sunday • i hate • i love • biology • to have • tuesday • a month • a class • to study • next (m) • economics • above all • to prepare • to be cold • to look at • to like better • to take a test • business administration
Classes In Spanish 2025-11-28
25 Clues: Band • Dance • Chorus • Health • French • English • Cooking • Spanish • Yearbook • Ceramics • Orchestra • Chemistry • The lunch • Economics • The class • Leadership • The period • Government • Mathematics • The schedule • Tech Theater • The homework • Ethnic Studies • Computer Science • Digital Photography
Mata Pelajaran 2013-02-05
25 Clues: Art • Sport • Music • Sewing • Health • Science • English • Physics • Algebra • Cooking • History • Biology • Religion • Education • Chemistry • Economics • Timetable • Indonesian • Technology • Mathematics • Art of sound • Five Principles • Regional Language • Flag-raising ceremony • Geography or nature studies
vocab 2024-01-05
25 Clues: land • tool • using • study • value • method • factor • person • desire • change • worker • process • economic • marginal • survival • anything • equipment • not using • resources • additional • factors of • takes away • one factor • main factors • act of buyers
spanish 2025-10-22
27 Clues: (art) • (home) • (music) • (class) • (school) • (course) • (physics) • (stadium) • (library) • (spanish) • (biology) • (homework) • (sciences) • (semester) • (cafeteria) • ( schedule) • (economics) • (classmate) • (geography) • (bookstore) • ( test,quiz) • (accounting) • (laboratory) • (test, exam) • ( university) • (trimester,qaurter) • ( computer science)
40 - 41 vocab 2025-11-05
Across
- biblioteca (library)
- (art)
- escuela (school)
- (university; college)
- (labratory)
- (computer science)
- (Spanish)
- estadio (stadium)
- (classmate)
- (economics)
- (schedule)
- (class)
- cafeteria (cafeteria)
- (bookstore)
Down
- (music)
- (biology)
- (test; quiz)
- (sciences)
- (course)
- (trimester; quarter)
- (test; exam)
- casa (house; home)
- (homework)
- (accounting)
- (geography)
- (physics)
- (semester)
27 Clues: (art) • (music) • (class) • (course) • (biology) • (Spanish) • (physics) • (sciences) • (homework) • (schedule) • (semester) • (labratory) • (geography) • (classmate) • (economics) • (bookstore) • (test; quiz) • (test; exam) • (accounting) • escuela (school) • estadio (stadium) • casa (house; home) • (computer science) • biblioteca (library) • (trimester; quarter) • (university; college) • cafeteria (cafeteria)
Business definitions Week 1 2025-02-20
Across
- Selling your goods or services overseas
- This is a part of economics that concentrates on the actions of individuals and groups, rather than of whole economics
- Rapid,or out of control inflation. It usually only occurs during wars or during severe political instability
- A market where only a few firms control the percentage of total sales.
Down
- A logo,brand name, or phrase legally registered by one company.
- An official legal document confirming that an individual or company has the sole right to make, use or sell a particular invention
- Buying goods or services from overseas and bringing them into the country
- A part of economics that seeks to simplify and show the progress of whole economics rather than focus on individuals or groups(see microeconomics)
- The movement of cash into and out of a business.
- The amount of profit remaining after deductions such as tax have been made
10 Clues: Selling your goods or services overseas • The movement of cash into and out of a business. • A logo,brand name, or phrase legally registered by one company. • A market where only a few firms control the percentage of total sales. • Buying goods or services from overseas and bringing them into the country • ...
Micro-Economics 2021-01-23
Across
- The raw materials and other factors of
- The selection of appropriate alternatives
- A measure of the satisfaction received from consumption of goods and services
- where or when buyers and sellers meet to trade or exchange products
- perfect balance in supply and demand
- the quantity and quality of human resources
- A situation in the allocation of resources where the benefits of consuming one more unit is exactly equal to the costs or producing that good
- Preferences for goods and services over and above human needs
- the output of goods and services
- Unlimited wants and needs but limited resources
- The fee that borrowers pay to lenders for the use of their funds
- that enter the production process
Down
- The Value of the next best choice
- The study of how a given society allocates scarce resources to meet the unlimited wants and need of its individuals
- Goods and services essential for human survival
- The rate of increase in prices over a given period of time
- paper bills and coins in the hands of the public
- A good where quantity demanded increases when consumer income increases
- A measure of the responsiveness of one variable to changes in another variable
- A market condition where the quantity demanded of a particular good or service exceed the quantity available
- someone who bears the risks of the business and who organises production
- Goods or services used to produce other goods
- the calculation involved in deciding on whether to give up one good for another
- An economic agent that desires to purchase goods and services with the goal of maximizing the satisfaction from consumption of those goods and services
24 Clues: the output of goods and services • The Value of the next best choice • that enter the production process • perfect balance in supply and demand • The raw materials and other factors of • The selection of appropriate alternatives • the quantity and quality of human resources • Goods or services used to produce other goods • Goods and services essential for human survival • ...
Economics Terms 2021-01-21
Across
- the basic materials that people cannot live without
- A company that is the only one producing a good or providing a service
- someone who owns shares in a corporation
- someone who provides goods or services
- shares of ownership in a corporation
- producers will produce more when they can sell at higher prices
- human effort, skills and abilities used to produce goods and services
- money remaining after all expenses have been paid
- A type of business that is recognized as a separate legal entity from the people who own it
- type of economy in which the government makes all the decisions
- type of economy in which people may grow their own food and make their own goods
- a small business owned by one person
- social science which studies the production, distribution and consumption of goods and services
- person who creates and assumes the risk of establishing a business
- type of economy in which people have the freedom to obtain goods and services however they choose
- corporate profits paid to people who own stock
Down
- licensed financial institutions that buy and sell securities
- things that are not necessary for survival but they have value to consumers
- licensed professional who buys and sells securities
- work provided for others as an occupation or business
- lack of a particular resource
- items found in nature used to produce goods and services
- manufactured goods used to produce more goods and services
- Business in which two or more people share in the responsibilities, costs, profits and losses
- a loan made by an investor, typically a corporation or the government
- someone who purchases goods and services
- A group that provides goods or services without seeking a profit
- buyers will want more when they can buy at lower prices
- items that satisfy human wants and needs
29 Clues: lack of a particular resource • shares of ownership in a corporation • a small business owned by one person • someone who provides goods or services • someone who owns shares in a corporation • someone who purchases goods and services • items that satisfy human wants and needs • corporate profits paid to people who own stock • ...
Economics Vocabulary 2020-12-07
Across
- to use money to earn interest or income
- economic system in which individuals control the production and distribution of goods and services
- when expenses exceed income
- a good that is brought into one country from another
- someone who buys and uses goods or services
- a situation where sellers of similar goods and services each try to get consumers to buy their product
- Both command and market; governments makes decision
- the money a person pays to borrow money
- a plan of how much money a person, business or government is able to spend and how it will be spent
- a good that is sent from one country to another
Down
- the people or businesses that provides goods and services is called
- when something is both desirable and limited
- intangible items that can be bought and sold
- Studies the behavior of individuals within economy
- money bought in buy a business
- tangible items that can be bought and sold
- money received on regular basis for work and investment
- money that a government collects from people and businesses
- money loaned, usually for a fee, that must be paid back
- Individual producers and consumers determine what and how things are made
- A certain amount of product out of a given input
- A certain amount of input to get a given product
- money a business makes after paying expenses
23 Clues: when expenses exceed income • money bought in buy a business • to use money to earn interest or income • the money a person pays to borrow money • tangible items that can be bought and sold • someone who buys and uses goods or services • when something is both desirable and limited • intangible items that can be bought and sold • ...
Economics 5 2020-10-28
Across
- More products more money
- More demand the higher the price
- To get a product need pay
- Schedule
- When price changes it affects demand
- Income in products
- Support
- Increase
- Product to substitute another need it
- Demand
- Manufacturing
- Ability
- Market demand schedule
- output
- Resources
Down
- Additional product
- data on product demand
- When 2 products increase demand one after another
- Products not needed because there’s more mouthy income
- The income help decided brand and product
- Taxes
- Products to substitute
- Lower prices more consumers
- Laws
- The cost of workers
25 Clues: Laws • Taxes • Demand • output • Support • Ability • Schedule • Increase • Resources • Manufacturing • Additional product • Income in products • The cost of workers • data on product demand • Products to substitute • Market demand schedule • More products more money • To get a product need pay • Lower prices more consumers • More demand the higher the price • When price changes it affects demand • ...
Economics Crossword 2020-10-20
Across
- tangible commodity
- the study the production and distribution of goods and service
- the ability to produce vast amounts of goods (economic products) in an efficient manner
- Durable Goods, Any item that lasts less than 3 years when used on a regular basis
- the fundamental economic problem facing ALL societies
- An assignment of worth
- people who use these goods and services
- products, goods and services that are useful, relatively scarce and transferable
- Goods, Any good that lasts more than three years when used on a regular basis
- Simply the desires of citizens
Down
- the work force
- Goods, Goods that are intended for final use by the consumer
- Work that is performed for someone
- Consumption, Use of a good or service to impress others
- These are basic requirements for survival like food and water and shelter
- capacity to be useful
- Products, Air, sunshine are and other items so plentiful no one could own them
- Cost, the cost of an economic decision
- the sum collection of those economic products that are tangible, scarce and useful
- Goods, Items used in the creation of other goods. factory machinery, trucks, etc
20 Clues: the work force • tangible commodity • capacity to be useful • An assignment of worth • Simply the desires of citizens • Work that is performed for someone • Cost, the cost of an economic decision • people who use these goods and services • the fundamental economic problem facing ALL societies • Consumption, Use of a good or service to impress others • ...
Economics Revision 2020-03-02
Across
- where two or more companies, organisations etc join together to form a larger company etc.
- where the actions of one large firm in an oligopolistic market will have a direct effect on others.
- are legal license that gives rights to company to manufactured a good or service under their names, other companies must pay royalties to the original designer for their use
- a situation where there is one dominant seller in a market.
- where one firm in the industry reduces price causing others to do the same.
- a communications company and is the only internet provider in Burkina Faso, a small country in West Africa.
- the commercial exploitation of a new invention.
- the only supplier of a unique product
- the rivalry that exists between firms when trying to sell goods in a particular market.
Down
- where a dominant business is able to set the price charged in the whole market.
- firms try to persuade consumers that their product is different from those of rivals
- a situation that occurs when one firm in an industry can serve the entire market at a lower cost than would be possible if the industry were composed of many smaller firms.
- a smaller market, usually within a large market or industry.
- where a group of firms or countries join together and agree on pricing or output levels in the market.
- the act of getting control of a company by buying over 50 per cent of its shares.
- Which of the following is a barrier to entry? A Diseconomies of scale B High start-up costs C Low labour productivity D Inflation
- the dominant firms in the industry set up agreements to restrict competition
- A market that is dominated by a few very large producers
- It is also argued that firms in competitive markets are more _______.
- The main disadvantage to a firm operating in a competitive market is that the amount of ______ made will be limited
20 Clues: the only supplier of a unique product • the commercial exploitation of a new invention. • A market that is dominated by a few very large producers • a situation where there is one dominant seller in a market. • a smaller market, usually within a large market or industry. • It is also argued that firms in competitive markets are more _______. • ...
Economics Glossary 2020-04-28
Across
- market Place where factors of production are bought and sold.
- All human effort, both physical and intellectual
- Where actions by one party have impacts on another, particularly economically.
- Money paid at a particular rate for the money lent
- Payment per year for labour
- Income flows which are added to the Circular Flow of Income model (investment, govt. spending, exports)
- Financial assistance given to people by the Government
- Institution which handles money for households and firms
- Goods and services bought from overseas
- Purchase of new capital
- Cost The cost of the next-best alternative opportunity
- Action of only doing one part of the process
- National Company A company that operates in many countries with independent headquarters in each.(McDonalds)
- That part of earnings not spent
- Organization with authority to make decisions for the population
- market Place where goods and services are bought and sold (Coles, Seek.com, Fremantle markets) Same as Market
- Used to pay for goods and services
- Compulsory government levy
- An economy where people produce only enough goods and services for their own family
- chain Complex group of firms in many countries each producing a component of a final product.
- Situation where demand is greater than supply
- Payment earned by entrepreneurs
Down
- Final users of goods and services to satisfy their needs and wants
- A system which allows private ownership of the factors of production
- Payment per hour for labour
- Equipment used to make goods and services
- Basic necessities for life
- Income flows that are removed from the Circular Flow model. (savings, tax, imports)
- Basic units used to make goods and services
- All resources provided by nature
- Ability to combine all resources to make something (plan, recipe, system etc)
- The study of how people use scarce resources to satisfy needs and wants
- A system where factors of production are owned by the government
- Organisations that make goods and services
- National Company A company which operates in several countries with its headquarters in the parent country. (Apple)
- An organization that sells goods
- Goods and services sold overseas
- of production Raw materials used to make goods and services (land, labour, capital & enterprise)
- Reward for the use of resources
- Physical items used by consumer and services for a profit
- Goods and services which we desire but don’t need
- Payment for use of land
- A system where all factors of production, distribution and consumption of goods and services are controlled by the government
- Actions done for consumers by producers
- Place where goods and services are bought and sold.
45 Clues: Purchase of new capital • Payment for use of land • Basic necessities for life • Compulsory government levy • Payment per hour for labour • Payment per year for labour • That part of earnings not spent • Reward for the use of resources • Payment earned by entrepreneurs • All resources provided by nature • An organization that sells goods • Goods and services sold overseas • ...
Economics Glossary 2020-04-28
Across
- market Place where factors of production are bought and sold.
- Organization with authority to make decisions for the population
- All resources provided by nature
- National Company A company which operates in several countries with its headquarters in the parent country. (Apple)
- The study of how people use scarce resources to satisfy needs and wants
- Compulsory government levy
- Institution which handles money for households and firms
- Reward for the use of resources
- Place where goods and services are bought and sold.
- Action of only doing one part of the process
- Goods and services which we desire but don’t need
- Income flows that are removed from the Circular Flow model. (savings, tax, imports)
- All human effort, both physical and intellectual
- Financial assistance given to people by the Government
- Payment earned by entrepreneurs
- An economy where people produce only enough goods and services for their own family
- An organization that sells goods
- Actions done for consumers by producers
- Ability to combine all resources to make something (plan, recipe, system etc)
- Payment per hour for labour
- Income flows which are added to the Circular Flow of Income model (investment, govt. spending, exports)
- Where actions by one party have impacts on another, particularly economically.
- Situation where demand is greater than supply
- Final users of goods and services to satisfy their needs and wants
- Cost The cost of the next-best alternative opportunity
Down
- A system where all factors of production, distribution and consumption of goods and services are controlled by the government
- Organisations that make goods and services
- A system where factors of production are owned by the government
- Goods and services sold overseas
- chain Complex group of firms in many countries each producing a component of a final product.
- Goods and services bought from overseas
- Payment for use of land
- Equipment used to make goods and services
- Money paid at a particular rate for the money lent
- Payment per year for labour
- National Company A company that operates in many countries with independent headquarters in each.(McDonalds)
- That part of earnings not spent
- of production Raw materials used to make goods and services (land, labour, capital & enterprise)
- Used to pay for goods and services
- Basic units used to make goods and services
- Basic necessities for life
- Physical items used by consumer and services for a profit
- A system which allows private ownership of the factors of production
- Purchase of new capital
- market Place where goods and services are bought and sold (Coles, Seek.com, Fremantle markets) Same as Market
45 Clues: Payment for use of land • Purchase of new capital • Compulsory government levy • Basic necessities for life • Payment per year for labour • Payment per hour for labour • Reward for the use of resources • That part of earnings not spent • Payment earned by entrepreneurs • All resources provided by nature • Goods and services sold overseas • An organization that sells goods • ...
Economics - Inflation 2020-06-16
Across
- C+I+G+NX equals to this
- putting your money into ______ isn't as good during inflation
- a general increase in prices and fall in the purchasing value of money.
- fixed income earners get impacted _____ during inflation
- a period of extremely high inflation
- the business cycle has this many phases
- the RBNZ controls these to lessen inflation issues
- man-made goods used to produce other goods and services
- this is a policy that central banks use to change interest rates for controlling velocity of money
Down
- The amount of goods and services which can be purchased by a person's income
- a demand for increased wages causes a left shift in ______
- when you buy goods or services now as you expect it's price to increase later
- when an individual is specially trained in one specific area to increase productivity
- Increased Govt. spending has a ______ impact on Aggregate Supply
- in the business cycle when Consumption is falling & investment is falling
- this is a policy when the govt controls taxes to try to control velocity of money
- It states that in the equation MxV = PxY, both V and Y remain relatively constant
- purchases of capital equipment
- this increases during a recovery phase as well as consumption
- an index of the variation in prices for retail goods and other items.
- during inflation, workers in firms may be _____ ___
21 Clues: C+I+G+NX equals to this • purchases of capital equipment • a period of extremely high inflation • the business cycle has this many phases • the RBNZ controls these to lessen inflation issues • during inflation, workers in firms may be _____ ___ • man-made goods used to produce other goods and services • fixed income earners get impacted _____ during inflation • ...
Economics Puzzle 2020-09-14
Across
- land labor and capital resources
- inequality exists
- combines economic resources
- positive rewards
- human resources
- skills to operate a business
- study of economy as a whole
- losses
- highest value alternative
Down
- getting a product to consumers
- completes the want satisfaction chain
- gains
- extra costs
- fines or punishment
- natural resources
- allows exchanges
- used to produce final goods
- exchanging something for something else
- social science involves people
- total sales greater than total costs
- study of individual consumers
21 Clues: gains • losses • extra costs • human resources • allows exchanges • positive rewards • inequality exists • natural resources • fines or punishment • highest value alternative • used to produce final goods • combines economic resources • study of economy as a whole • skills to operate a business • study of individual consumers • getting a product to consumers • social science involves people • ...
Economics crossword 2021-03-24
Across
- any situation where making one choice means losing something else
- an economy's ability to produce goods or services at lower opportunity cost than competitors
- he mandated maximum amount a seller is allowed to charge for a product or service.
- someone that acquires goods or services for direct use or ownership
- a situation in which demand for a product or service exceeds the available supply.
- something that motivates a group or individual to do something.
- a government-imposed trade restriction that limits the number or monetary value of goods that a country can import or export.
- the amount of physical, mental, and social effort used to produce goods and services in an economy.
- the lack of resources to be used to fulfill wants and needs or the gap between what one has and what one wants.
- the amount of want or need there is for a specific product to be available for purchase
- the price at which supply equals demand for a product
- is the spread of products, technology, information, and jobs across national borders and cultures.
- someone who creates and supplies goods or services.
Down
- an economic system based on supply and demand with little or no government control and consumers have free will when buying
- the human-created assets that can enhance one's power to perform economically useful work
- the natural resources in production especially the space on which the factory is built.
- the curve that shows the maximum use of resources to produce various combinations of products (use first letter of each word)
- the potential benefits an individual, investor, or business misses out on when choosing one alternative over another.
- the study of how people try to satisfy unlimited wants and needs with limited resources
- the inputs needed for the creation of goods or services
- a method of production whereby an entity focuses on the production of a limited scope of goods to gain a greater degree of effectiveness
- A surplus describes the amount of an asset or resource that exceeds the portion that's actively utilized.
- a tax imposed by one country on goods and services imported from another country.
- governments impose absolutely no tariffs, taxes, or duties on imports, or quotas on exports.
- when a producer can produce a good or service in greater quantity for the same cost or lower than competitors
- the law that states that, the higher the price of something is, the lower the demand will be
- the law that states that, as the price of something goes up, the number of sources offering that thing will also go up.
- An embargo is when a government refuses to trade with a country or a certain part of a country.
- a fundamental economic concept that describes the total amount of a specific good or service that is available to consumers.
- the lowest amount at which a good or service may be sold and still function within the traditional supply and demand model.
30 Clues: someone who creates and supplies goods or services. • the price at which supply equals demand for a product • the inputs needed for the creation of goods or services • something that motivates a group or individual to do something. • any situation where making one choice means losing something else • ...
Economics Vocabulary 2022-03-22
Across
- a medium of exchange for goods and services.
- the wealth and resources of a country or region, especially in terms of the production and consumption of goods and services.
- a scenario where different economic firms are in contention to obtain goods that are limited by varying the elements of the marketing mix: price, product, promotion and place.
- any benefit that we can quantify in terms of the money that it generates.
- a consumer's desire to purchase goods and services and willingness to pay a price for a specific good or service.
- an estimation of revenue and expenses over a specified future period of time and is utilized by governments, businesses, and individuals.
- the money that a person has left over after they subtract out their consumer spending from their disposable income over a given time period.
- a good or service that has a benefit (utility) to society.
- the amount of money that has been issued by monetary authorities minus currency that has been removed from an economy.
- a service or other asset used to produce goods and services that meet human needs and wants.
- the way for companies to account for changes in the value of a given asset in the market.
- common usage, the monetary value of goods and services that producers and consumers purchase.
Down
- a strategic discussion that resolves an issue in a way that both parties find acceptable.
- any agreement where one party borrows money from a second party with the promise to pay the amount back with interest.
- a gift of cash or property made to a nonprofit organization to help it accomplish its goals, for which the donor receives nothing of value in return.
- All those man-made goods which are used in further production of wealth.
- a good or service bought in one country that was produced in another.
- mandatory contributions levied on individuals or corporations by a government entity
- a cashless economic system in which services and goods are traded at negotiated rates.
- a measure of the rate of rising prices of goods and services in an economy.
- the disbursement of assets from a fund, account, or individual security to an investor.
- used by corporations and governments to issue debt.
- a condition where the quantity demanded is greater than the quantity supplied at the market price.
- a field of applied economics that studies the financial, organizational, market-related, and environmental issues faced by corporations.
- an economic system where two forces, known as supply and demand, direct the production of goods and services.
- movable goods produced within the boundaries of one country, which are traded with another country.
- an increase in the production of economic goods and services, compared from one period of time to another.
- a security that represents the ownership of a fraction of a corporation.
28 Clues: a medium of exchange for goods and services. • used by corporations and governments to issue debt. • a good or service that has a benefit (utility) to society. • a good or service bought in one country that was produced in another. • All those man-made goods which are used in further production of wealth. • ...
Economics Review 2021-12-13
Across
- a continued rise in prices or the supply of money
- Thing you give up by making a choice is ____ cost
- ownership by an individual or business is ____ property
- Economic system where trade is controlled by people, not by federal businesses.
- a period of slow economic growth or decline
- Work at just one particular kind of job or produce one particular kind of thing
- A person who makes and sells goods and services is ________
- Who was the first steel tycoon in history?
- the wants and needs of material things in society are ___
- Land, labor, entrepreneurship, and ____ are the factors of production
- Who was the first railroad tycoon in history?
Down
- A system that requires absolute obedience to one leader is an ______ system
- Producing maximum output with minimum input, or cost
- To change from private ownership to government ownership.
- The money a business has left after it has paid all its costs
- Something making you want to choose a certain way
- Work that one person does for another, for payment
- Graph that shows amounts of two products that can me made with given amount of resources is a production _________ curve
- only one company makes a product and they control the prices
- an organization of workers who strive for improvements in the workplace is a labor ________
20 Clues: Who was the first steel tycoon in history? • a period of slow economic growth or decline • Who was the first railroad tycoon in history? • a continued rise in prices or the supply of money • Thing you give up by making a choice is ____ cost • Something making you want to choose a certain way • Work that one person does for another, for payment • ...
Economics crossword 2022-02-14
Across
- Person who takes a risk to open a business
- Tools needed for making things
- The work that someone does
- A person who needs to hire someone
- Tax that is charged on $ earned from working
- A business that makes a product
- Looking for items that are similar
- Limited amt of $ that someone earns for work
- My checking account earn 1%____per quarter
Down
- A tax on goods that you buy
- A plan on how to spend money
- I am an ___ at Walmart
- The study of how we use money
- Money that you have to pay back
- When a product is easy to find
- I have no money in my ___ to pay bills
- A person who buys a product
- Something that can be used in a business
- Rivalry between two or more companies
- Money that goes to the government
20 Clues: I am an ___ at Walmart • The work that someone does • A tax on goods that you buy • A person who buys a product • A plan on how to spend money • The study of how we use money • Tools needed for making things • When a product is easy to find • Money that you have to pay back • A business that makes a product • Money that goes to the government • A person who needs to hire someone • ...
Economics Crosswords 2021-06-08
Across
- consumers will buy more of a product at lower prices and less at higher prices
- an increase in prices in general
- The sale of manufacture or sale of selected items
- A tax placed on imports to increase there price in the domestic market
- Something required for survival
- Actions by Congress to increase or decrease aggregate demand to fight inflation, recession, or stagflation.
- An inflation rate of 4% a year or less
- a change in price causes only a little change in quantity demanded
- The annual plan outlining proposed revenues and expenses for the upcoming year
- amount of a product offered for sale at all available prices.
- The fed has the power to increase or decrease the “money supply”
- the goods or merchandise kept on the premises of a business or warehouse and available for sale or distribution
- Shrink in the economy
- traits and qualities that build to create someone
Down
- off An alternative available whenever a choice is made
- a ratio for valuing a company that measures its current share price relative to its per-share earnings
- something pledged as security for repayment of a loan, to be forfeited in the event of a default.
- Something you would like to have but inst required for survival
- a diagram representing the maximum amount of goods and/or services an economy can produce when all productive resources are fully employed.
- GDP increasing we’re making more goods and services, not less
- a change in price causes a big change in quantity demanded
- desire, ability, and willingness to buy a product
- The value of the next best alternative
- is how many dollars worth of goods and services are made in a country over time
- the protection or promotion of the interests of consumers.
25 Clues: Shrink in the economy • Something required for survival • an increase in prices in general • The value of the next best alternative • An inflation rate of 4% a year or less • The sale of manufacture or sale of selected items • desire, ability, and willingness to buy a product • traits and qualities that build to create someone • ...
Economics Terminology 2022-04-20
Across
- Growth policies aiming at expansion of export revenues as the vehicle of economic growth;
- Lower quality goods for which higher quality
- When the average price level continues to rise but at a slower rate so that the rate of inflation is positive but lower.
- Income not spent on domestic goods and
- Where two or more countries share the same
- services.
- Occurs when real GDP falls for at least two
- Aid given to alleviate short-term suffering, consisting of food aid, medical aid, and
- who lack access to traditional
- contrasted to import substitution. (2 words)
- Technology that relies mostly on the relatively abundant factor an economy is endowed with (2 words)
- It includes savings, taxes and import
- When government expenditures exceed
- tools, equipment and factories.
- The difference between how much a consumer is at most willing to pay for a good and how
Down
- Spending by firms on capital goods such as
- (3 words)
- usually over a period of a year. (2 words)
- Refers to the repayment of principal and interest on the debt of a person, a firm or a country. (2 words)
- A decrease in the value of a currency in a fixed exchange rate system.
- Interest rates that have been adjusted for
- exist; if incomes rise, demand for the
- relief aid usually as a result of a natural catastrophe or war. (2 words)
- quality goods decreases. (2 words)
- and have a common central bank. (2 words)
- quarters.
- The provision of small loans to poor
- Goods that are jointly consumed, for example,coffee and sugar.
- they actually pay. (2 words)
29 Clues: (3 words) • services. • quarters. • they actually pay. (2 words) • who lack access to traditional • tools, equipment and factories. • quality goods decreases. (2 words) • When government expenditures exceed • The provision of small loans to poor • It includes savings, taxes and import • Income not spent on domestic goods and • exist; if incomes rise, demand for the • ...
Economics Terminology 2022-04-20
Across
- The difference between how much a consumer is at most willing to pay for a good and how
- equipment and factories.
- Growth policies aiming at expansion of export revenues as the vehicle of economic growth;
- relief aid usually as a result of a natural catastrophe or war. (2 words)
- Goods that are jointly consumed, for example,coffee and sugar.
- they actually pay. (2 words)
- Income not spent on domestic goods and services.
- When the average price level continues to rise but at a slower rate so that the rate of inflation is positive but lower.
- Interest rates that have been adjusted for inflation.(3 words)
- Where two or more countries share the same
Down
- contrasted to import substitution. (2 words)
- The provision of small loans to poor
- Aid given to alleviate short-term suffering, consisting of food aid, medical aid, and
- Lower quality goods for which higher quality substitutes exist; if incomes rise, demand for the lower quality goods decreases. (2 words)
- usually over a period of a year. (2 words)
- and have a common central bank. (2 words)
- who lack access to traditional banking services.
- A decrease in the value of a currency in a fixed exchange rate system.
- Technology that relies mostly on the relatively abundant factor an economy is endowed with (2 words)
- quarters.
- When government expenditures exceed
- Occurs when real GDP falls for at least two
- Spending by firms on capital goods such as
- Refers to the repayment of principal and interest on the debt of a person, a firm or a country. (2 words)
24 Clues: quarters. • equipment and factories. • they actually pay. (2 words) • When government expenditures exceed • The provision of small loans to poor • and have a common central bank. (2 words) • Spending by firms on capital goods such as • Where two or more countries share the same • Occurs when real GDP falls for at least two • contrasted to import substitution. (2 words) • ...
Economics CH7 2017-05-04
Across
- portions of ownership of a firm
- a type of business that is owned collectively by its members
- sold by corporations to raise funds
- specifies areas where various types of business activities can be pursued
- actual amount of money borrowed from a bondholder
- a business owned and operated by two or more people
- the type of a partnership in which partners rarely take an active role in business decisions
- application for a license to form a corporation
- certificate issued by a corporation in exchange for money borrowed from an investor
Down
- the amount of time a business operates
- a license permitting the formation of a new corporation
- a major disadvantage to partnerships
- the type of partnership in which partners have equal decision making opportunities
- a business owned and operated by one person
- decision making body of a corporation
- anything of value thAt a borrower can give up if they are unable to pay a loan
- an enterprise that uses the original company's name to sell goods or services
- assigning duties to partners based on their skills
- occurs when one company joins with another
- responsibility for debt
20 Clues: responsibility for debt • portions of ownership of a firm • sold by corporations to raise funds • a major disadvantage to partnerships • decision making body of a corporation • the amount of time a business operates • occurs when one company joins with another • a business owned and operated by one person • application for a license to form a corporation • ...
Economics Crossword 2018-04-12
Across
- of payment accounts - the record of all economic transactions between the residents of the country and of the world in a particular period
- - political philosophy, movement, or regime that has very radical ideas and pushes to the extreme
- recourses- include both fixed assets, such as machinery, buildings and land, and current assets, such as inventory.
- is one of the three factors of production. The others are land, and labor.
- system- system that relies on customs and history
- resources - the resources used to make goods and services ex. natural resources, human resources and capital goods.
- sovereignty - the situation in an economy where the desires and needs of consumers control the output of producers.
- a political and economic theory of social organization that advocates that the means of production, distribution, and exchange should be owned or regulated by the community as a whole.
- A society in which all property is publicly owned and each person works and is paid according to their abilities and needs.
- - the general level of prices in an economy going down.
- the activity of setting up a business or businesses, taking on financial risks in the hope of profit
- for enterprise - The systems used within the organization. Generally refers to the primary architecture
- - a system of government by the whole population or all the eligible members of a state, typically through elected representatives.
- system- the means by which countries and governments distribute resources and trade goods and services.
- - an economic and political system in which a country's trade and industry are controlled by private owners for profit, rather than by the state.
- economy - an economic system combining private and public enterprise
- - patriotic feeling, principles, or efforts
- economy - Transactions in the underground economy are illegal either because the good or service being traded is illegal.
Down
- payments- payment made or income received in which no goods or services are being paid for, such as a benefit payment or subsidy.
- materials- the basic material from which a product is made.
- land- land belonging to the British Crown. Land belonging to the state in some parts of the Commonwealth.
- -a general increase in prices and fall in the purchasing value of money.
- enterprise- business or industry that is managed by independent companies or private individuals rather than by the state.
- debt - How much a country owes
- cashless economic system in which services and goods are traded at negotiated rates.
- especially hard physical work.
- –A country run by absolute authority in any sphere.
- capital- is used simply to purchase goods and services for consumption
- - the effectiveness of productive effort
- added- the amount by which the value of an article is increased at each stage of its production, exclusive of initial costs.
- resources- It includes patents, copyrights, franchises, goodwill, trademarks, trade names, the general interpretation also includes software
- economy - economic system in which economic decisions and the pricing of goods and services are guided solely by the aggregate interactions of a country's individual citizens and businesses.
- of production - is an economic term that describes the inputs that are used in the production of goods or services in order to make an economic profit.
- economy - an economy in which production, investment, prices, and incomes are determined centrally by a government.
- comprises all naturally occurring resources as well as geographic land. Examples include particular geographical locations, mineral deposits and forests
- capital- already-produced, durable goods or any non-financial asset that is used in production of goods or services
36 Clues: debt - How much a country owes • especially hard physical work. • - the effectiveness of productive effort • - patriotic feeling, principles, or efforts • system- system that relies on customs and history • –A country run by absolute authority in any sphere. • - the general level of prices in an economy going down. • ...
Economics Review 2018-04-24
Across
- Examples of ___ resources include machine operators and cooks
- People/companies which make and supply goods and services are ___
- The number of tacos Max has to sell at his taco truck
- this is when countries trade without any restrictions
- ___ Is a generally accepted form of money issued by a government
- Adidas, Nike, and Puma are __
- __ resources come from the earth such as oil
- Countries that have too much of one product ___ it.
- Michigan's main export includes automobiles, this is an example of __.
- This is an economic system in which the government decides everything from what's produced to wages.
- A trade restriction that prevents a country from trading with another.
- In this economic system business own most of the resources and determine what/how to produce, but there is minor government regulation
- A place where people buy and sell goods.
Down
- In an effort to restrict Foreign steel imports, trump has proposed a ____.
- Cuba is a small island that lacks many resources, therefore it __ many goods.
- The exchange of goods or services
- Cars, books, cheerios, & cell phones are all examples of ___
- ___ Is the exchanging of goods & services without using money
- People in this economic system do they what their ancestors did.
- ___ is when there are not enough goods or services to satisfy consumers
- __ Resources include items needed to provide goods and services such as mail truck
- Sally bought a McDonalds hamburger, she is a __.
- A Market economy provides people with the most __.
- This agreement between Mexico, Canada & the USA allow them to trade freely (acronym).
- Teachers, dentists, doctors all provide ___
- Trade ___ are reprimands, tailored to reform a country's behavior.
- If Iran begins to run out of oil the price of it will __.
- This trade restriction limits the number of products being imported
- If the cost for tacos double the ___ will decrease.
29 Clues: Adidas, Nike, and Puma are __ • The exchange of goods or services • A place where people buy and sell goods. • Teachers, dentists, doctors all provide ___ • __ resources come from the earth such as oil • Sally bought a McDonalds hamburger, she is a __. • A Market economy provides people with the most __. • Countries that have too much of one product ___ it. • ...
The Economics 2018-03-19
Across
- Commercial companies that are engaged in specific fields such as architecture, law, consultance, etc.
- Finance: A claim against the assets, or legal obligations of a person or organization, arising out of past or current transactions or actions.
- The classic organizational structure where the employees are grouped hierarchically, managed through clear lines of authority, and report ultimately to one top person.
- Arrangement where one party (the franchiser) grants another party (the franchisee) the right to use its trademark or trade-name as well as certain business systems and processes, to produce and market a good or service according to certain specifications
- Financial assets or the financial value of assets, such as funds held in deposit accounts, as well as the tangible machinery and production equipment used in environments such as factories and other manufacturing facilities
- incubator An organisation that exists to help startups and early-stage companies survive and succeed.
- finance Financing oneself or itself without external grants or aid
- The worldwide movement toward economic, financial, trade, and communications integration.
- A kind of LLC company whose shareholders must agree before any shares can be bought or sold.
- and acquisition Transactions in which the ownership of companies, other business organizations or their operating units are transferred or combined.
- Someone who have an idea for establishing the new business.
- Property owned by a person or company, regarded as having value and available to meet debts, commitments, or legacies.
Down
- Highest ranking officer in a firm's board of directors who presides over the board's meetings
- A company with stock that is more than 50% controlled by another company, which is usually referred to as the parent company or the holding company.
- LLC A company whose securities are traded on a stock exchange and can be bought and sold by anyone.
- Are owned by their stockholders (shareholders) who share in profits and losses generated through the firm's operations
- An individual, group, or organization that owns one or more shares in a company, and in whose name the share certificate is issued.
- The fundamental facilities and systems serving a country, city, or other area, including the services and facilities necessary for its economy to function
- stock A company or association consisting of individuals organized to conduct a business for gain and having a joint stock of capital represented by shares owned individually by the members and transferable without the consent of the group
- partner is the one who do not participate in the management of the company
- investor A wealthy individual who provides funding for a startup, often in exchange for an ownership stake in the company
- trader One person sets up and runs this kind of company
- This is any entity that engages in business
- Legal procedure for liquidating a business (or property owned by an individual) which cannot fully pay its debts out of its current assets
- financial officer A senior executive with responsibility for the financial affairs of a corporation or other institution.
- A startup is a young company that is just beginning to develop. Startups are usually small and initially financed and operated by a handful of founders or one individual.
- A group of people provide the capital, set up the company and manage it toghether.
- A structure in which there is more than one line of reporting managers. Effectively, it means that the employees of the organisation have more than one boss
- Person in the first-line management who monitors and regulates employees in their performance of assigned or delegated tasks
29 Clues: This is any entity that engages in business • trader One person sets up and runs this kind of company • Someone who have an idea for establishing the new business. • finance Financing oneself or itself without external grants or aid • partner is the one who do not participate in the management of the company • ...
Economics Review 2018-02-12
Across
- type of business organization with shareholders owning small pieces of business
- role of money that allows us to save up for purchases later
- market structure with several big companies controlling the market
- nation that produces most of a product
- role of money allowing comparisons
- GDP
- type of liability where you aren't held personally responsible
- act of businesses trying to get you to be their customer
- 1 of 3 basic economic questions related to which product a business should make
- nation with lowest opportunity cost
- type of business organization with only 1 owner
- curve that gives options for production
- increase in price levels
- condition that exist when unlimited wants & needs are greater than limited resources
- type of economic system ruled by supply and demand, aka capitalist
- states that businesses will make more products available as prices increase
Down
- type of economic system where economic questions are answered by way things have always been done
- measure of how many people are seeking work
- actions carried out by the Federal Reserve to contract and expand the economy
- 1 of 3 basic economic questions related to process of making a product
- market structure with many sellers & slightly different products
- type of economic system combining features of command & market
- actions carried out by the President & Congress to contract or expand the economy
- market structure with many sellers & identical product
- states that consumers will purchase less products as prices increase
- 1 of 3 basic economic questions related to where the product ends up
- role of money that simplifies purchases
- focusing on producing only on a few things
- type of business organization with 2 or more owners
- graph of GDP over time
- cost of borrowing money
- market structure with one large company controlling the market
- type of economic system controlled by government, aka centrally planned
33 Clues: GDP • graph of GDP over time • cost of borrowing money • increase in price levels • role of money allowing comparisons • nation with lowest opportunity cost • nation that produces most of a product • role of money that simplifies purchases • curve that gives options for production • focusing on producing only on a few things • measure of how many people are seeking work • ...
Economics Crossword 2018-09-27
Across
- Condition of being unequal (economic inequality)
- Also "third world" nations, these countries host a high level of extreme poverty and many citizens lack access to basic healthcare and infrastructure.
- The use of monetary or fiscal policy changes to kickstart growth in the economy.
- prizes, money, or other material gain awarded for a desired behavior.
- All the human labor required for the production and distribution.
- An overall measure the well being of a person in a given nation, as a measure of their capacity for the economic growth and stability.
- Benefits guaranteed to an individual.
- average number of children born per family in a nation.
- Refers to property or other assets that have no proven ownership.
- All the man-made resources used in the production of a good or service - includes money, equipment, and partially finished goods used to produce a good or service.
Down
- Combined value of all goods and services bought, sold, and produced in a year.
- Average age of death for people in a nation.
- Measures the rate of people seeking work that are unable to find it in a giving economy.
- The creative minds (inventors) and business people who are essential to the development or improvement.
- An increase in the capacity of an economy to produce goods and services.
- Period of no or negative economic growth (negative GDP growth rate) that last more than six months.
- The term for the basic physical systems of a business or nation.
- Set of factors or events by which poverty, once started, is likely to continue unless there is outside intervention.
- Quantification of the economic value of a worker's skill set.
- All the natural resources (including land/space) used in the production of a good or service.
- It's very difficult for people to escape poverty
- Mainly free enterprise but government sets and organizes programs intended to promote economic progress and consumer safety.
- percent of a population that can read at a primary school level or higher.
- The state of owing money.
- Refers to "first world" countries, states where nearly all citizens have access to infrastructure, healthcare, clean water, and technology; little to no extreme poverty.
25 Clues: The state of owing money. • Benefits guaranteed to an individual. • Average age of death for people in a nation. • Condition of being unequal (economic inequality) • It's very difficult for people to escape poverty • average number of children born per family in a nation. • Quantification of the economic value of a worker's skill set. • ...
Economics Crossword 2018-06-26
Across
- tax levied on spending
- cartels are formed
- workforce of the economy
- when a worker is paid for each item they produce
- when a business changes its prices and others must follow
- managerial economies is an example of
- individuals or groups that receive adavantages and have responsibility of an organisation or society
- when workers are given smaller jobs through the division of labour
- when markets lead to inefficiency
- shifts when fashions and trends change
- both the public and private sector provide goods and services
Down
- not having enough money to repay your debts
- when a government pays money to encourage production of a certain good or service
- goods that are bought and consumed together
- when a company increases the range of good and services they produce
- diverse products
- the part of the companies profit that are shared between the shareholders
- when supply and demand are equal
- illegal agreements between businesses
- something that discourages someone from entering a market
- artificial resources
- when the government transfers a railway to a private business
- when there is more demand than supply
- a smaller market supplying a specific need or want
- how much money a business generated
25 Clues: diverse products • cartels are formed • artificial resources • tax levied on spending • workforce of the economy • when supply and demand are equal • when markets lead to inefficiency • how much money a business generated • illegal agreements between businesses • managerial economies is an example of • when there is more demand than supply • shifts when fashions and trends change • ...
Economics Crossword 2016-11-06
Across
- The things a firm needs to make its output.
- a firm who has some control over the price it charges.
- A person who conceives and starts a business.
- Additional revenue generated by the production and sale of one more unit of output.
- Tangible out-of-pocket costs.
- Things that convey information about profitability of various markets.
- Where firms have little to no market power.
- Restrictions that make it difficult for a new firm to enter a market.
- When a small number of firms sell a product in a market with high barriers to entry.
- The opportunity cost of doing business.
- An entity having the exclusive right or control over the selling of a product.
Down
- when resources are used to secure monopoly rights through the political process
- The amount of money a firm receives from selling a product.
- Refers to the way firms in a market relate to each other.
- The increase in cost that occurs from producing one additional unit of output.
- Occurs when a markets result of production is inefficient.
- Involves breaking up a job into tasks and assigning those tasks to individuals.
- Man-made resources used to create the final product.
- Costs that do not vary with a firms output in the short run.
- Incremental changes.
20 Clues: Incremental changes. • Tangible out-of-pocket costs. • The opportunity cost of doing business. • The things a firm needs to make its output. • Where firms have little to no market power. • A person who conceives and starts a business. • Man-made resources used to create the final product. • a firm who has some control over the price it charges. • ...
Micro Economics 2019-02-15
Across
- Good with a negative income effect
- Immediate and necessary
- The number of units of a good a consumer is willing to buy at different prices
- Affects level of demand
- The minimum payment necessary to bring a factor into use and maintain it in that use
- Something is not demanded in its own right but for its contribution to the production process
- Measures the proportional change in quantity demanded as a result of a proportional change in income
- Process engaged in by firms who sell very close substitutes
- A social science where scarce resources which have alternative uses are allocated
- Goods of joint demand
- Goods that satisfy the same need
Down
- The human effort involved in the production of wealth
- One or more firms combining to eliminate competition
- No tendency to change
- When goods and services are sold to different consumers at varying ratios between marginal cost and price it is called price
- When firms take into account the likely reaction of rivals
- The removal of government controls to allow for more competition
- Where buyers and sellers meet
- Cost benefits associated with increasing scale
- goods are identical
- Costs that do not change as output changes
- Companies agree to act together to increase profits
- Anything provided by nature used to produce wealth
- Provides user with a level of satisfaction
24 Clues: goods are identical • No tendency to change • Goods of joint demand • Immediate and necessary • Affects level of demand • Where buyers and sellers meet • Goods that satisfy the same need • Good with a negative income effect • Costs that do not change as output changes • Provides user with a level of satisfaction • Cost benefits associated with increasing scale • ...
Economics Vocabulary 2019-04-07
Across
- Payment for risk-taking or entrepreneurship
- The condition of not being able to have all the goods and services one wants
- Things of value we have that are in limited supply
- The Father of Marginal Thinking (2 words)
- The change in total benefit resulting from an action (2 words)
- The change in the utility from an increase or decrease in the consumption of that good or service (2 words)
- The change in total cost resulting from an action (2 words)
- Monetary (Money) or non-monetary gain or received because of an action taken or a decision made
- Goods and/or services that are required
Down
- The condition that arises from unlimited wants and limited resources
- Payment for all capital
- The second-best alternative (or the value of that alternative) that must be given up when making a choice. (2 words)
- A conclusion reached after considering alternatives and their results
- Wrote the Wealth of Nations on Rational Maximizing (2 words)
- The satisfaction or benefit derived by consuming a product
- Desires that can be satisfied by consuming or using a good or service
- Result in giving up something of value to get what is most wanted
- What must be given up to obtain something.The effort, loss or sacrifice necessary to achieve or obtain something
- Any action that one person or group does for another in exchange for payment
- Physical improvement resource
- Any items that can be bought or sold
21 Clues: Payment for all capital • Physical improvement resource • Any items that can be bought or sold • Goods and/or services that are required • The Father of Marginal Thinking (2 words) • Payment for risk-taking or entrepreneurship • Things of value we have that are in limited supply • The satisfaction or benefit derived by consuming a product • ...
Economics Crossword 2019-08-03
Across
- If you don't want to buy from me you can't buy from anyone else
- A kinky market!
- A branded market structure
- Marx says labour alone creates this
- Keynes says this is good for each one of us but deadly for the economy
- The more you love this the more I have to pay to part with it
- When this changes you can jump between demand curves
- RBI uses this rate to influence interest rate
Down
- Price takers all
- As the Beatles said, it's all within you!
- When this changes you just slide along a demand curve
- You maybe an all rounder but focus on this
- This thief robs your money while leaving g it with you
- His hand was invisible
- You really don't care wherever you are on this thing
- The sight of babies made him sick
- If not forgive you must forget this cost
- This made Marx resign from his teaching position
- Marshall said whenever you buy something you get this free
- He blamed inflation on the central bank's printing press
20 Clues: A kinky market! • Price takers all • His hand was invisible • A branded market structure • The sight of babies made him sick • Marx says labour alone creates this • If not forgive you must forget this cost • As the Beatles said, it's all within you! • You maybe an all rounder but focus on this • RBI uses this rate to influence interest rate • ...
Economics Vocab 2020-01-23
Across
- ceiling, A price ceiling is a government- or group-imposed price control, or limit, on how high a price is charged for a product, commodity, or service. Governments use price ceilings to protect consumers from conditions that could make commodities prohibitively expensive.
- the wealth and resources of a country or region, especially in terms of the production and consumption of goods and services.
- make (something needed or wanted) available to someone; provide.
- elasticity, Price elasticity of demand is a measure used in economics to show the responsiveness, or elasticity, of the quantity demanded of a good or service to increase in its price when nothing but the price changes
- the part of the earth's surface that is not covered by water, as opposed to the sea or the air.
- a thing that motivates or encourages one to do something.
- cost, the loss of potential gain from other alternatives when one alternative is chosen.
- the activity of setting up a business or businesses, taking on financial risks in the hope of profit.
- point - In mathematics, specifically in differential equations, an equilibrium point is a constant solution to a differential equation
- demand, Inelastic demand is when the buyer's demand does not change as much as the price changes. When the price increases by 20% and the demand decreases by only 1%, demand is said to be inelastic. A similar situation exists when there is a decrease in price as people will continue to buy the product or service.
- In trade, barter is a system of exchange where participants in a transaction directly exchange goods or services for other goods or services without using a medium of exchange, such as money.
- institutions, Colloquially, a depository institution is a financial institution in the United States that is legally allowed to accept monetary deposits from consumers. Under federal law, however, a "depository institution" is limited to banks and savings associations - credit unions are not included.
Down
- an insistent and peremptory request, made as if by right.
- work especially hard physical work.
- wealth in the form of money or other assets owned by a person or organization or available or contributed for a particular purpose such as starting a company or investing.
- demand, Price elasticity of demand is a measure used in economics to show the responsiveness, or elasticity, of the quantity demanded of a good or service to increase in its price when nothing but the price changes
- the state of being scarce or in short supply; shortage.
- of production, In economics, factors of production, resources, or inputs are what is used in the production process to produce output—that is, finished goods and services. The utilized amounts of the various inputs determine the quantity of output according to the relationship called the production function.
- institutions, non-depository financial institution. Government or private organization (such as building society, insurance company, investment trust, or mutual fund or unit trust) that serves as an intermediary between savers and borrowers, but does not accept time deposits.
- Economy, Traditional economy is an economic system in which traditions, customs, and beliefs help shape the goods and services the economy produces, as well as the rules and manner of their distribution. Countries that use this type of economic system are often rural and farm-based.
- Economy, an economy in which production, investment, prices, and incomes are determined centrally by a government.
- market, A financial market is a market in which people trade financial securities and derivatives at low transaction costs. Some of the securities include stocks and bonds, and precious metals
- Economy, an economic system in which production and prices are determined by unrestricted competition between privately owned businesses.
- the branch of knowledge concerned with the production, consumption, and transfer of wealth.
- floor, A price floor is a government- or group-imposed price control or limit on how low a price can be charged for a product, good, commodity, or service. A price floor must be higher than the equilibrium price in order to be effective
25 Clues: work especially hard physical work. • the state of being scarce or in short supply; shortage. • an insistent and peremptory request, made as if by right. • a thing that motivates or encourages one to do something. • make (something needed or wanted) available to someone; provide. • ...
Business Economics 2012-07-21
Across
- the type of money that circulates in different countries
- the money used to start a business
- to make goods from raw materials
- a company with a maximum of 10 owners
- a business run by one owner only
- the money left over after paying all your expenses
- the money people need to pay the government based on their salary
- a company that buys goods and sell them at a proffit
- luxury items
- people who buy goods from shops
- when someone has an employer
Down
- the sums that you do in order to work out your expenses and proffit
- A person who sees a need in a community and starts a business to satisfy that need
- the symbol that represents a company
- opposite of a communist
- people you are aiming to sell your product to
- how much something is worth
- the abreviation of strengths, weaknesses, opportunities and threats
- items we have to have in order to survive
- a company with a maximum of 2-20 owners
20 Clues: luxury items • opposite of a communist • how much something is worth • when someone has an employer • people who buy goods from shops • to make goods from raw materials • a business run by one owner only • the money used to start a business • the symbol that represents a company • a company with a maximum of 10 owners • a company with a maximum of 2-20 owners • ...
Economics Crossword 2013-04-30
Across
- bars of precious metal
- person or institution to whom money is owed
- amount banks set aside according to law as a protection for depositors
- substance that functions as a medium of exchange, and a measure and store of value
- condensed statement showing all assets and liabilities at a given point in time
- properties, possessions, and claims of others
- funds available whenever the depositor wish them
- money that has an alternative use as a commodity
- form of currency made by the Narragansett indians out of white conch and black mussel shells
- paper money issued by government through an act of law
- ability to be converted into cash in a very short period of time
Down
- laws regulating the maximum interest rate on passbook savings
- money by government decree
- bank that can lend to other banks in times of need
- debts and obligations to others
- interest-earning deposits that cannot be withdrawn by check
- stock certificates representing ownership of the bank
- property or other security used to guarantee repayment of a loan
- excess of assets over liabilities that is a measure of the value of a business
- metallic forms of money
20 Clues: bars of precious metal • metallic forms of money • money by government decree • debts and obligations to others • person or institution to whom money is owed • properties, possessions, and claims of others • funds available whenever the depositor wish them • money that has an alternative use as a commodity • bank that can lend to other banks in times of need • ...
Economics Crossword 2013-05-11
Across
- The income received from the activity of the enterprise
- Things used to aid in the production of other goods
- A government regulation stipulating the maximum price that can be charged for a product
- A method of analyzing firm behaviour that highlights mutual interdependence between firms
- The effect that a price change has on real income
- Human physical and mental effort that can be used to produce goods and services
- The productive resources that are available to an economy, categorized as land, labour, capital, and enterprise
- Total product divided by the quantity of inputs used to produce that total
- Controls Government regulations to set either a maximum or minimum price for a product
- Products that tend to be purchased jointly and whose demands therefore are related
- Cost advantages achieved as a result of large-scale operations
- Total fixed cost divided by the quantity of the output
- The quantity that prevails at the equilibrium price
- Total cost divided by quantity of output
- Benefits or costs of a product experienced by people who neither produce nor consume that product
- A change in the quantities demanded at every price
- The human resource that innovates and takes risks
- the study of how the major components of an economy interact
- The responsiveness of quantity demanded to a change in income
- Goods or services whose benefits are not affected by the number of users and from which no one can be exluded
- The period of time during which all inputs are available
- The study of the outcomes of decisions by people and firms through a focus on the supply and demand of goods, the cost of production, and market structures
Down
- INcome measured in terms of the amount of goods and services that it will buy
- A market in which a single firm is the sole producer
- Goods used by consumers to satisfy their wants and needs
- The annual cost of any asset that is expected to be in use for more than one year
- A tax (or duty) levied on imports
- The price at which the quantity demanded equals the quantity supplied such that there is neither a surplus nor a shortage
- Quantity demanded that is quite responsive to change in price
- A limit imposed on the production or sale of a product
- The quantities that producers are willing and able to sell per period of time at various prices
- The amount that consumers are willing and able to buy
- The advantage that comes from producing something at a lower opportunity cost than others are able to do
- All human-made resources that can be used to produce goods and services
- Obstacles that make it difficult for new participants to enter a market
- A market dominated by a few large firms
- A market in which all buyers and sellers are price takers
- A mechanism that brings buyers and sellers together and assists them in negotiating the exchange of products
- An association of sellers acting in unison
- A change in the quantities supplied at every price
- Revenue over and above all costs, including normal profits
- The amount of revenue received per unit sold
- Quantity demanded that is not very responsive to a change in price
- An agreement among suppliers to set the price of a product or the quantities each will produce
44 Clues: A tax (or duty) levied on imports • A market dominated by a few large firms • Total cost divided by quantity of output • An association of sellers acting in unison • The amount of revenue received per unit sold • The effect that a price change has on real income • The human resource that innovates and takes risks • A change in the quantities supplied at every price • ...
Economics: Money 2013-05-13
Across
- Card Cards used to purchase goods or services on credit from a store, up to a pre arranged credit limit.
- Putting some of your wages or salary aside for later use e.g. in a savings account or by investing in stocks and shares or 5 or 10 year savings plan.
- A plan of your future weekly, inflows of finance and the outflows of finance to identify under and overspending.
- The stages of life people go through
- Something given up when making a choice e.g. when buying a sandwich from the school canteen you give up the benefit you could have got from a hot chocolate.
- The basic products that people need to survive e.g. food, drink, shelter, warmth, and clothing.
- A figure quoted in savings advertisements to help customers compare savings products with one another
- The desire to consume goods and services. Wants are unlimited because there is no limit to the amount of goods and services people would like to consume.
- Long term loan often secured on a house, which remains the property of the banks until it is paid off
- The time in the personal life cycle when you stop working and depend for income on your retirement fund in a pension. Or continue to work if it’s not enough- semi-retired
- The quantity of a good or service that consumers are willing and able to buy at a particular price.
- Resources are limited compared with our wants
Down
- The rights and wrongs of an issue
- The interest rate charged on loans to help compare their rates
- The quantity of a good or service that businesses will offer for sale at a given price.
- Total money received by a person from salary or wages, interest or dividend.
- An annual rate which is charged to borrowers or paid to savers
- regular payments from the government to support people who are unemployed or in need.
- Borrowing up to an agreed limit on a current account. Daily interest is charged it must be paid back and can be called in at any time by a bank.
- Type of savings account
20 Clues: Type of savings account • The rights and wrongs of an issue • The stages of life people go through • Resources are limited compared with our wants • The interest rate charged on loans to help compare their rates • An annual rate which is charged to borrowers or paid to savers • Total money received by a person from salary or wages, interest or dividend. • ...
Economics terms 2013-06-05
Across
- what accountants charge their clients
- a written instruction to a bank to transfer money
- things that are done for us
- income earned as a percentage of sale price
- person who writes out a cheque
- income earned paid on a yearly basis
- (5,2,5) a function of money
- the person named on a cheque to be paid
- used to write with
- paid to the owners of land
- man made resources
- someone who buys goods
- a common form of electronic payment
- any natural resource
Down
- a plan of income and spending
- income earned paid per hour
- the basic economic problem
- paid to people who have saved money
- income earned by shareholders
- unearned income passed on from someone else
- the bank you have a cheque account with
- income earned by business owners
- a quality of money
- (6,7)paid by the govt to help people
- human resources
- what we usually write on
- things we buy
- a quality of money
28 Clues: things we buy • human resources • a quality of money • used to write with • man made resources • a quality of money • any natural resource • someone who buys goods • what we usually write on • the basic economic problem • paid to the owners of land • income earned paid per hour • things that are done for us • (5,2,5) a function of money • a plan of income and spending • ...
Economics Crossword 2013-05-28
Across
- Requirements for survival
- What you got from scarcity
- resources being used effiecently to produce goods and services
- of living well-being of an individual or group
- percent of people without a job that are looking for one
- increase in general level of prices
- collar Physical labor force that works with hands
- not enough of something
- Domestic Product total dollar value of all final goods and services
- collar Mental labor force
- Demand greater than supply
- Amount of something that is available
Down
- Amount of good or service that people are willing to buy
- price point where supply and demand meet
- risk takers
- resources gifts of nature that makes production possible
- Tangible products that we use to satisfy our wants and needs
- Cost What you have to give up because of scarcity
- resources Labor provided by man
- Advantage the ability of a country to produce a good at a lower oppotunity cost than another country can
- Things we would like to have but don't need
- Price Index Measure of the change in price
- goods Previously manufacted goods used to make other goods and services
- Supply is greater than demand
24 Clues: risk takers • not enough of something • Requirements for survival • collar Mental labor force • What you got from scarcity • Demand greater than supply • Supply is greater than demand • resources Labor provided by man • increase in general level of prices • Amount of something that is available • price point where supply and demand meet • Price Index Measure of the change in price • ...
Economics Crossword 2013-10-18
Across
- Measures responsiveness of supply to a change in the price
- Good Goods that see an increase in demand when income rises
- Surplus Difference between how much buyers are prepared to pay and what they actually pay
- Elasticity Measures percentage change in demand for one good after a price change of another good
- Surplus Difference between what price suppliers receive and what price they are actually prepared to supply at
- Situation where supply does not equal demand
- Function of price - to allocate and ration goods to highest price
- Paribus Assumes other variable remain unchanged
- Amount consumers are able and willing to buy at a given price
- The responsiveness of demand to a change in price
Down
- Producers who supply the market
- Demand Goods that are consumed together (ie. milk and cereal)
- Good Goods that see a fall in demand when income rises
- Demand Good that is demanded for more than one purpose, so if demand for one use rises, supply for the other falls
- Elastic A fall in price leads to an infinite level of demand
- A rise in price leads to a rise in demand. Special Inferior good
- Price at which supply and demand are equal
- Changes in price leads to same proportionate change in demand
- Function of price - to encourage firms, buyers to supply and demand more
- Demand When demand is greater than supply at this price
20 Clues: Producers who supply the market • Price at which supply and demand are equal • Situation where supply does not equal demand • Paribus Assumes other variable remain unchanged • The responsiveness of demand to a change in price • Good Goods that see a fall in demand when income rises • Demand When demand is greater than supply at this price • ...
Economics Worksheet 2013-12-12
Across
- Things that are not necessary for survival but that we would like to have
- sector responsible for providing services & goods
- Items that you can see and touch
- The man-made or manufactured objects that helps in producing other products
- Work done in exchange for something in return
- Limited
- The things are necessary for survival
- Activities that blend economic resources to create goods & services
- Sector responsible for manufacturing and processing the raw materials
- The abilities to form new ideas for goods and services
Down
- Things done for you by others (often not visual)
- Sector responsible for extraction of raw materials
- Scarce resources and people's unlimited wants
- Direct exchange of good/service for another
- Raw materials supplied by nature
- Communities who wonder from place to place in search for essential needs
- Supplying all your wants using own abilities and skills
- Achieved through devotion of time and effort to one task
- Someone who buys goods and services to satisfy needs and wants
- A source/supply where benefits are gathered from
- A token that people generally accept as payment in exchange for goods/services
21 Clues: Limited • Items that you can see and touch • Raw materials supplied by nature • The things are necessary for survival • Direct exchange of good/service for another • Scarce resources and people's unlimited wants • Work done in exchange for something in return • Things done for you by others (often not visual) • A source/supply where benefits are gathered from • ...
Economics Worksheet 2013-12-12
Across
- A token that people generally accept as payment in exchange for goods/services
- Things that are not necessary for survival but that we would like to have
- Raw materials supplied by nature
- Scarce resources and people's unlimited wants
- The abilities to form new ideas for goods and services
- The things are necessary for survival
- Activities that blend economic resources to create goods & services
- Supplying all your wants using own abilities and skills
- Communities who wonder from place to place in search for essential needs
- Limited
Down
- A source/supply where benefits are gathered from
- Work done in exchange for something in return
- Things done for you by others (often not visual)
- Items that you can see and touch
- Sector responsible for manufacturing and processing the raw materials
- Someone who buys goods and services to satisfy needs and wants
- sector responsible for providing services & goods
- The man-made or manufactured objects that helps in producing other products
- Sector responsible for extraction of raw materials
- Achieved through devotion of time and effort to one task
- Direct exchange of good/service for another
21 Clues: Limited • Raw materials supplied by nature • Items that you can see and touch • The things are necessary for survival • Direct exchange of good/service for another • Work done in exchange for something in return • Scarce resources and people's unlimited wants • A source/supply where benefits are gathered from • Things done for you by others (often not visual) • ...
Economics #1 2015-05-11
Across
- is the change in the total cost that arises when the quantity produced has an increment by unit.
- that is gained goes to the business's owners
- is defined as a service or other asset used to produce goods and services that meet human needs and wants
- the body of persons engaged in such activity, especially those working for wages.
- A method for systematically selecting among possible choices that is based on reason and facts
- An individual who, rather than working as an employee, runs a small business and assumes all the risk and reward of a given business venture, idea, or good or service offered for sale.
- generally refers to financial wealth especially that used to start or maintain a business.
- An economic system that features characteristics of both capitalism and socialism
- the exchange of one thing for another of more or less equal value, especially to effect a compromise
- The reduction or elimination of government power in a particular industry, usually enacted to create more competition within the industry.
- Regulations the US Environmental Protection Agency's Audit Policy is an example of
- in which decisions regarding investment, production, and distribution are based on supply and demand, and prices of goods and services are determined in a free price system.
Down
- when the price charged is more than or less than the equilibrium price determined by market forces of demand and supply.
- comprises all naturally occurring resources whose supply is inherently fixed. Examples are any and all particular geographical locations, mineral deposits, and even geostationary orbit locations and portions of the electromagnetic spectrum
- The cost of an alternative that must be forgone in order to pursue a certain action.
- is the act of buyers and sellers freely and willingly engaging in market transactions.
- is a situation when the price charged is more than or less than the equilibrium price determined by market forces of demand and supply.
- The additional satisfaction or utility that a person receives from consuming an additional unit of a good or service.
- A system where the government, rather than the free market, determines what goods should be produced, how much should be produced and the price at which the goods will be offered for sale.
- are goods or services that are not necessary but that we desire or wish for
- Dividing a job into many specialized parts, with a single worker or a few workers assigned to each part
- fundamental economic problem of having seemingly unlimited human wants in a world of limited resources.
- Broadcasting services.
- A method of production where a business or area focuses on the production of a limited scope of products or services in order to gain greater degrees of productive efficiency within the entire system of businesses or areas.
- is the social science that seeks to describe the factors which determine the production, distribution and consumption of goods and services.
25 Clues: Broadcasting services. • that is gained goes to the business's owners • are goods or services that are not necessary but that we desire or wish for • the body of persons engaged in such activity, especially those working for wages. • An economic system that features characteristics of both capitalism and socialism • ...
Economics #3 2015-05-11
Across
- - a privilege of a public nature conferred on an individual, group, or company by a government
- - occurs when there is a limited need for a type of work to be performed during a particular period during the year.
- is a debt investment in which an investor loans money to an entity (typically corporate or governmental) which borrows the funds for a defined period of time at a variable or fixed interest rate.
- - The policy of a government in controlling its own expenditures and taxation, which together make up the budget.
- - A legal entity that is separate and distinct from its owners
- - A share of a company held by an individual or group
- - A condition of slow economic growth and relatively high unemployment
- - defined as workers losing their jobs due to business cycle fluctuations in output, i.e. the normal up and down movements in the economy as it cycles through booms and recessions over time
- - A longer-lasting form of unemployment caused by fundamental shifts in an economy
- the opposite of inflation
Down
- - is a microeconomics concept that describes a market structure controlled entirely by market forces.
- -The amount by which the government’s total budget outlays exceeds its total receipts for a fiscal year
- - is an unincorporated business with one owner who pays personal income tax on profits from the business
- - A business organization in which two or more individuals manage and operate the business.
- - income remaining after deduction of taxes and other mandatory charges, available to be spent or saved as one wishes.
- - a type of imperfect competition such that many producers sell products that are differentiated from one another
- A situation in which a single company or group owns all or nearly all of the market for a given type of product or service.
- - is a sustained increase in the general price level of goods and services in an economy over a period of time
- - This is unemployment that occurs from the inevitable time delays in finding new employment in a free market
- - one the primary indicators used to gauge the health of a country's economy. It represents the total dollar value of all goods and services produced over a specific time period - you can think of it as the size of the economy.
- - used as an economic indicator, a deflator of other economic series
- -Total outstanding borrowings of a central government comprising of internal and external
- - examines economy-wide phenomena such as changes in unemployment, national income, rate of growth, gross domestic product, inflation and price levels.
- A situation in which a particular market is controlled by a small group of firms.
- Market situation in which competitors would not lower prices for fear of a price war.
25 Clues: the opposite of inflation • - A share of a company held by an individual or group • - A legal entity that is separate and distinct from its owners • - used as an economic indicator, a deflator of other economic series • - A condition of slow economic growth and relatively high unemployment • ...
Economics 2 2016-05-05
Across
- monetary system in which a country's government allows its currency unit to be freely converted into fixed amounts of gold and vice versa.
- is the macroeconomic policy laid down by the central bank. It involves management of money supply and interest rate and is the demand side economic policy used by the government to achieve inflation, consumption, and growth.
- an increase in the level of economicactivity, and of the goods and services available. It is a period ofeconomic growth as measured by a rise in real GDP.
- indicators a statistic used to gauge future trends in a nation's economy.
- Smith Wrote the Wealth of Nations
- is an individual retirement plan that bears many similarities to the traditionalIRA, but the contributions are not tax deductible and qualified distributions are tax free.
- is a policy followed by some international markets in which countries' governments do not restrict imports from, or exports to, other countries.
- states that if countries specialise in producing goods where they have a lower opportunity cost – then there will be an increase in economic welfare.
- is a government program guaranteeing access to some benefit by members of a specific group and based on established rights or by legislation.
- income exceeds expenditures
- is the means by which a government adjusts its spending levels and tax rates to monitor and influence a nation's economy.
- an economic measure of a negative balance of trade in which a country's imports exceeds its exports.
- World Trade Organization.
- is the total assets minus total outside liabilities of an individual or a company.
- a ratio between the output volume and the volume of inputs. In other words, it measures how efficiently production inputs, such as labour and capital, are being used in an economy to produce a given level of output.
Down
- a sustained increase in the general price level of goods and services in an economy over a period of time.
- North Atlantic Free Trade Agreement
- Money which is set aside for an emergency situation, such as unexpected unemployment or injury, or a natural disaster which destroys one's home and belongings.
- American economist who believed in free- market capitalism.
- refers to the ability of a party (an individual, or firm, or country) to produce a greater quantity of a good, product, or service than competitors, using the same amount of resources.
- Maynard Keynes English economist whose ideas fundamentally changed the theory and practice of macroeconomics and the economic policies of governments
- policy of restraining trade between states (countries) through methods such as tariffs on imported goods, restrictive quotas, and a variety of other government regulations designed to allow (according to proponents) fair competition between imports and goods and services .
- Austrian economist who supported bottom up economics
- the central banking system of the United States.
- an increase of value of a currency
- the highest point between the end of an economic expansion and the start of a contraction in a business cycle.
- the monetary value of all goods and services produced within a nation's geographic borders over a specified period of time.
- a significant decline in economic activity spread across the economy, lasting more than a few months, normally visible in real GDP, real income, employment, industrial production, and wholesale-retail sales
- is a measure of average income per person in a country.
- currency that a government has declared to be legal tender, but is not backed by a physical commodity
- A comprehensive measure used for estimation of price changes in a basket of goods and services representative of consumption expenditure in an economy
- ow turning point or a local minimum of a business cycle.
32 Clues: World Trade Organization. • income exceeds expenditures • Smith Wrote the Wealth of Nations • an increase of value of a currency • North Atlantic Free Trade Agreement • the central banking system of the United States. • Austrian economist who supported bottom up economics • is a measure of average income per person in a country. • ...
Economics Crossword 2015-12-09
Across
- how much someone produces
- too much
- a state of limited competition
- trough
- GDP per person
- imports exceed exports
- money set aside for emergencies
- GDP Inflation Unemployment
- formal authorization
- hands of type of government
- IRA money set aside after texes
- everything is backed by gold
- peak
- defended classical liberalism
- recession
- beneficial
- short in supply
- central bank of the united states
- private business operates free of state control
- cannot raise the prices
- someone can do something more efficiently
- the fact of having a right to something
- north american free trade agreement
- consumer price index
- gov. adjusts its spending and taxes to influence economy
- exclusive possession of the supply in a commodity
- believed government should do everything
Down
- sheilding a countrys domestic industries
- sum of money granted by the government
- not enough
- gross domestic product
- theory from Karl Marx
- FOMC uses interest rate to influence the economy
- money gains value
- everyone is employed
- exports exceed imports
- a thing that evokes a reaction
- someone can do something more efficiently
- believed in free market capitalism
- trade and industry are owned by private owners
- cannot lower prices
- decision making tool to maximize profits
- trade without barriers
- world trade organization
- believed in the division of labor
- everything owned by the community
- the state lowest pay
- expansion
- increase in prices and fall in purchasing
- how much an entity is worth
50 Clues: peak • trough • too much • recession • expansion • not enough • beneficial • GDP per person • short in supply • money gains value • cannot lower prices • formal authorization • everyone is employed • the state lowest pay • consumer price index • theory from Karl Marx • gross domestic product • imports exceed exports • exports exceed imports • trade without barriers • cannot raise the prices • ...
Development Economics 2016-01-27
Across
- when a firm or country concentrates production on one or a few goods and services
- skills, ability, and knowledge acquired by people with good levels of health that make them productive
- low incomes = low savings = low investment in physical, human and natural capital = low growth in income
- growth and trade strategy where a country attempts to achieve economic growth by expanding its exports
- refers to the level of debt or money owed to creditors
- loans that are offered at lower interest rates and longer repayment periods
- a new domestic industry that has not had time to establish / achieve its efficiencies and is unable to compete with a more mature competitor
- wealthy high educated coexisting with poor illiterate informal/formal sector - low productivity agricultural sector and high productivity urban industrial sector
- programme to provide credit in small amounts to people who do not ordinarily have access to credit
- any product that is produced in the primary sector
- donors make the recipients of foreign aid spend a portion of the borrowed funds on purchased g/s from the donor country
- government policies designed to support the growth of the industrial sector ie tax cuts, grants, human capital investment
- lending to developing countries to assist their development on non-concessional terms (from organisations or a group of countries)
- area between the diagonal and the Lorenz curve, divided by the area under the diagonal
- outside of the formal economy, illegal, unregistered, unregulated
- foreign aid intended to help economically less developed countries
- a summary measure of more than one indicator, ex. HDI
- policy of liberalising trade by eliminating trade protection and barriers
Down
- the inability of an individual or family to afford a basic standard of goods and services
- an international organization that provides the institutional and legal framework for the trading system that exists between member nations
- non-profit organisations that provide a very wide range of services and humanitarian functions
- spending by firms or government on capital goods
- technologies that are well-suited to a country's particular economic, geographical, climate conditions
- a type of foreign aid consisting of funds that are in effect gifts
- financial investment including investment in stocks and bonds
- foreign aid offered by countries or by international organizations
- trade protection measures taking the form of administrative procedures
- arises when a country has a lower relative cost in the production of a good than another country
- investment by firms based in one country in productive activities in another country
- rises in the standard of living and well-being of a population
- a firm that is based in one country that undertakes productive investments in another country
- free movement of financial capital in and out of a country
- concessional financial flows from the developed world to LDCs
33 Clues: spending by firms or government on capital goods • any product that is produced in the primary sector • a summary measure of more than one indicator, ex. HDI • refers to the level of debt or money owed to creditors • free movement of financial capital in and out of a country • financial investment including investment in stocks and bonds • ...
Economics Crossword 2016-02-02
Across
- / using resources in ways to maximize production of goods and services.
- / Additional Satisfaction from using one or more unit of a product.
- / An item that is desired but not essential to survival.
- / The effort people devote to task for which they are paid.
- / additional cost of using one more unit of a product.
- / Graph used by economists to show impact of scarcity on an economy.
- / Maker of goods or a provider of services.
- / Studies economic behavior.
- / a situation in which a good or service is unavailable.
- / the study of the economy as a whole.
- / Physical objects such as clothes or shoes.
- / all of the resources made and used by people to produce goods and services.
- / land, labor, and capital, used to make all goods and services.
- / alternative people give up when they make choices.
- / Simplified representation of economic forces.
- / the study of how people seek to satisfy their needs and wants by making choices.
Down
- / Value of something that is given up to obtain something that is wanted.
- / Involves vision, skills, and risk-taking needed to create and run business.
- / person who buys or uses goods or services.
- / using fewer resources than an economy is capable of using.
- / Methods used to encourage people to take certain actions.
- / natural resources that are used to make goods and services.
- / Information in numerical form.
- / the study of individuals, families, and businesses to see goods or services.
- / something necessary for survival.
- / actions or activities that one person performs for another.
- / Once all the factors of production are at maximum output and efficiency, producing will cost more than average.
- / involves judgement of what economic behavior ought to be.
- / limited quantities of resources meets unlimited wants.
- / Making decisions according to the best combination of costs and benefits.
- / Benefit received from using a good or service.
31 Clues: / Studies economic behavior. • / Information in numerical form. • / something necessary for survival. • / the study of the economy as a whole. • / Maker of goods or a provider of services. • / person who buys or uses goods or services. • / Physical objects such as clothes or shoes. • / Simplified representation of economic forces. • ...
Economics Crossword 2016-03-04
Across
- is a person who buys or uses goods or services.
- is a maker of goods or provider of services.
- is the benefit or satisfaction received from using a food or service.
- is the additional satisfaction from using one more unit of a product.
- of production are the resources needed to produce goods and services.
- analysis is an approach that weighs the benefits of an action against its costs.
- are objects, such as goods, clothing, and furniture, that can be bought.
- is the alternative people give up when they make choices.
- the study of how individual and societies satisfy their unlimited wants with limited resources.
- are work that one person does for another.
Down
- is all of the human effort used to produce goods and services.
- refers to all natural resources used to produce goods and services.
- cost is the value of something that is given up to get something else that is wanted.
- is all of the resources made and used by people to produce goods and services.
- is the additional cost of using one more unit of a product.
- are methods used to encourage people to take certain actions.
- involves the vision, skills, and risk-taking needed to create and run businesses.
- means to make decisions according to the best combination of costs and benefits.
- are things that are necessary for survival.
- exists when there are not enough resources to satisfy human wants.
- are desires that can be satisfied by consuming a goal or a service.
21 Clues: are work that one person does for another. • are things that are necessary for survival. • is a maker of goods or provider of services. • is a person who buys or uses goods or services. • is the alternative people give up when they make choices. • is the additional cost of using one more unit of a product. • ...
Economics Crossword 2016-05-16
Across
- the system by which the value of a currency was defined in terms of gold
- an economic and political system in which a country's trade and industry are controlled by private owners for profit, rather than by the state
- the amount by which the cost of a country's imports exceeds the value of its exports
- an American economist and statistician best known for his strong belief in free-market capitalism
- measures how efficiently production inputs
- policy macroeconomic policy laid down by the central bank
- allows business owners to measure the additional benefits of one production activity versus its costs
- an increase in the value of one currency in terms of another
- famous economist born in Vienna, Austria
- only global international organization
- advocates that the means of production, distribution, and exchange should be owned or regulated by the community as a whole
- low supply
- an economic system in which private business operates in competition and largely free of state control
- also known as the "the Fed"
- measure of average income per person in a country
- currency that a government has declared to be legal tender, but is not backed by a physical commodity
- top point on graph
- use of monetary or fiscal policy changes to kick start a lagging or struggling economy
- an index of the variation in prices paid by typical consumers for retail goods and other items
- an individual retirement account
- complete control over imdustry
- increase of progress
Down
- money granted to help an industry
- policy means by which a government adjusts its spending levels and tax rates to monitor and influence a nation's economy
- smooth out the effects of expansion and contraction in the business cycle by using fiscal and monetary policy
- broadest quantitative measure of a nation's total economic activity
- mass production
- an agreement among the United States, Canada and Mexico designed to remove tariff barriers between the three countries
- a situation when the price charged is more than or less than the equilibrium price
- the less amount of money allowed to get paid when working
- a political theory derived from Karl Marx
- measure of what an entity is worth
- when the demand for a product or service exceeds its supply in a market
- restraining trade between countries through methods such as tariffs on imported goods
- ability to produce a better quality good using the same resources
- known for Wealth of Nations
- if countries specialise in producing goods where they have a lower opportunity cost
- situation in which income exceeds expenditures
- measurement of "useful-ness" that a consumer obtains from any good
- international trade left to its natural course without tariffs, quotas, or other restrictions
- an account that is used to set aside funds to be used in an emergency
- hands off government
- bottom point on graph
- government program guaranteeing access to some benefit by members of a specific group and based on established rights or by legislation
- used by economists to predict future economic activity
- situation when the price charged is more than or less than the equilibrium price
- everyone is eligible to work
- decline of progress
- resource that exceeds the portion that is utilized
- a state of limited competition
50 Clues: low supply • mass production • top point on graph • decline of progress • hands off government • increase of progress • bottom point on graph • known for Wealth of Nations • also known as the "the Fed" • everyone is eligible to work • complete control over imdustry • a state of limited competition • an individual retirement account • money granted to help an industry • ...
Micro-Economics 2023-10-31
Across
- it is limited goods or services, limited time, or limited abilities to achieve the desired ends.
- Entities who determine the market demand
- the secret sauce that combines all the other factors of production into a product or service for the consumer market.
- the consumers' desire and willingness to pay for a product or service at a given price and time
- typically refers to money.
- measures the responsiveness of one economic variable to a change in another.
- the use of goods and services by households.
- is a measure of the responsiveness of the quantity demanded of a good to a change in its price.
Down
- any expenses that change based on how much a company produces and sells.
- a business organisation such as a corporation that produces and sells goods and services with the aim of generating revenue and making a profit.
- It is a social science where individual, firms and the society deals with limited resources and unlimited needs and wants.
- the amount of money, property, and other transfers of value received over a set period of time in exchange for services or products.
- the process of making or manufacturing goods and products from raw materials or components.
- an expense that does not change when sales or production volumes increase or decrease.
- used to predict what customer demand will be for a product or service, with varying levels of specificity.
- the rate of increase in prices over a given period of time.
- the amount gained by selling a product, and it should be mor
- the effort expended by an individual to bring a product or service to the market.
- refers to the number of goods and services suppliers can make available at a particular price.
- the amount of money that a buyer gives to a seller in exchange for a good or a service.
20 Clues: typically refers to money. • Entities who determine the market demand • the use of goods and services by households. • the rate of increase in prices over a given period of time. • the amount gained by selling a product, and it should be mor • any expenses that change based on how much a company produces and sells. • ...
Resource Economics 2023-10-16
Across
- A type of land
- "A win/lose situation.
- What helps.
- Do one thing very well.
- "A win-win situation.
- A plan to get what you want.
- Cost to get what we need.
- Not enough stuff.
- What doesn’t help.
- +1) + (You -1) = 0"
- Many different kinds.
- “I give you X, you give me Y.”
- Way to trade value, not things.
- How well/ cheap can do things.
Down
- Used to make what we need.
- More than enough stuff.
- "What we can’t do b/c we’re busy.
- How we get what we need.
- Do some of everything.
- A, then not B, C, D."
- +1) + (You +1) = 2"
- Hard to change direction.
- Trade thing for thing (not money).
23 Clues: What helps. • A type of land • Not enough stuff. • What doesn’t help. • +1) + (You +1) = 2" • +1) + (You -1) = 0" • "A win-win situation. • A, then not B, C, D." • Many different kinds. • "A win/lose situation. • Do some of everything. • More than enough stuff. • Do one thing very well. • How we get what we need. • Cost to get what we need. • Hard to change direction. • ...
Economics Crossword 2023-11-20
Across
- Aim is to generate profit.
- Who is buying a good?
- How much demand changes.
- Money made before expenses?
- Too much production?
- "Holding other things constant."
- Highest valued alternative?
- Something essential to survival.
Down
- What do people buy rarely?
- When two align.....
- Aim is to provide services to the public.
- Desire for goods, etc.
- What do people usually buy?
- How much of something there is.
- Too much wants?
- Machines, buildings, or resources used to produce.
- How much money is really made?
- What do people buy when they earn less?
- Intangible.
- How much consumers want something.
20 Clues: Intangible. • Too much wants? • When two align..... • Too much production? • Who is buying a good? • Desire for goods, etc. • How much demand changes. • What do people buy rarely? • Aim is to generate profit. • What do people usually buy? • Money made before expenses? • Highest valued alternative? • How much money is really made? • How much of something there is. • ...
Economics Intervention 2024-02-10
Across
- When you are willing and able to buy something
- Output per worker per hour
- Economic sector including building and manufacturing
- Willingness and ability to provide a good/service
- When there are only a few sellers
- Responsiveness to changes (e.g. in demand)
- When a place focuses on being very good at one thing
- Goods that compete for demand
- Factor of Production - the reward is profit
Down
- ____ costs = costs that do not change with output
- Market ____ = when resources are misallocated
- Goods and services that are desirable
- Costs/benefits to those outside the transaction
- ___ pay = pay before deductions
- Goods commonly sold together
- Point where demand and supply meet
- When there is only one seller
- VAT is an _____ tax
- Economies of ____ = higher output = lower average costs
- Resources that are finite/can run out are ____
20 Clues: VAT is an _____ tax • Output per worker per hour • Goods commonly sold together • When there is only one seller • Goods that compete for demand • ___ pay = pay before deductions • When there are only a few sellers • Point where demand and supply meet • Goods and services that are desirable • Responsiveness to changes (e.g. in demand) • ...
Economics Review 2023-03-02
Across
- few large sellers dominate industry
- based on tradition
- owned by one person
- central authority
- identical products
- desire to own something
- minimum
- amount of goods available
- the quantity of money available in economy
- dividend
- not having enough resources to meet demand
- natural resources
Down
- greater quantity demanded
- cease owner
- revenue-cost
- tools/equipment
- most countries have this form of economy
- workforce
- the people make decisions
- supply and demand meet
- land,labor,capital,entrepreneurship
- maximum
- only one seller
- greater supplied
- owned by two or more people
25 Clues: minimum • maximum • dividend • workforce • cease owner • revenue-cost • tools/equipment • only one seller • greater supplied • central authority • natural resources • based on tradition • identical products • owned by one person • supply and demand meet • desire to own something • greater quantity demanded • the people make decisions • amount of goods available • owned by two or more people • ...
Economics Review 2023-03-03
Across
- You and your family
- Board of directors are held legally liable and can be sued for not running company properly.
- A condition that results from a society not having enough resources to produce all of the things people need or want.
- You have a Surplus if it is above Equilibrium Point. Surplus means that you have too many goods to sell and can't sell all of them.
- The company is taxed on its profits and shareholders are also taxed on any dividends they earn from the company.
- Reach up to touch the Floor. Above the floor, you will have a surplus.
- Owner's personal assets can be seized to pay business debts.
- You have a Shortage if it is below Equilibrium Point. Shortage means that you don't have enough goods to meet demand.
- "Cerberus Poritas (all things being equal), price has a complementary relationship to quantity supplied."
- Ceilings Reach down to touch the Ceiling. Below the ceiling, you have a shortage.
- People of the work force
- A payment made to individuals by the federal government through various social benefit programs.
Down
- A benefit given by the government to institutions or businesses usually in the form of a cash payment or tax reduction.
- Where you purchase goods: McDonalds Restaurant, Walmart Store, Lowes Store, Belk's in the Mall etc.
- "Cerberus Poritas (all things being equal), a change in price is inverse to the relationship to the quantity demanded."
- land, labor, capital, entrepreneurship
- The Optimum Point in which the Demand and Supply curves meet.
- Also known as Capital Goods the are Tools, Equipment, machinery, and Factories used in production.
- Stockholders can't be sued and lose personal things only stock and what corporation owns.
- The Corporation like McDonald Corporation, Lowe's Corporation, Walton Enterprises
- Death of an owner ends the business and it must be reestablished in the new owner's name(s).
- Where you work to make your income: Restaurant, Factories, Retail Stores, Schools, Hospitals
- natural resources
- If the corporation fails, owners of the corporation cannot lose more than what they paid for their stock. (LLC)
- Individual who takes a risk in order to find profit, create jobs, and improve society (MOTIVATION TO START BUSINESS) by doing something different with existing resources
25 Clues: natural resources • You and your family • People of the work force • land, labor, capital, entrepreneurship • Owner's personal assets can be seized to pay business debts. • The Optimum Point in which the Demand and Supply curves meet. • Reach up to touch the Floor. Above the floor, you will have a surplus. • ...
Economics review 2023-03-03
Across
- The price marked by equilibrium point on supply and demand graph.
- unlimited wants but limited resources
- the turnaround point where real GDP stops going down
- point in business cycle where the economy returns to the previous peak
- period where real GDP declines for at least two quarters in a row or six months
- the point where real GDP stops going up
- time period after the economy reaches recovery where real GDP is continuing to grow
- A business owned by stockholders who share in its profits but are not personally responsible for its debts
- The factories and machines used to make goods
- Business owned by one person
Down
- A situation in which quantity demanded is greater than quantity supplied. Below the equilibrium point.
- an item that buyers give to sellers when they want to purchase goods and services
- official money used by the government
- a business owned by two or more people. All partners are responsible for management and financial obligations.
- A situation in which quantity supplied is greater than quantity demanded. Above the equilibrium point
- the cost of the next best alternative
- the mental and physical capacity of workers to produce goods and services
- when GDP begins to go back up when after the economy has hit the trough
- when real GDP begins to go down
- a period of recovery from a recession
- alternative cost
21 Clues: alternative cost • Business owned by one person • when real GDP begins to go down • official money used by the government • unlimited wants but limited resources • the cost of the next best alternative • a period of recovery from a recession • the point where real GDP stops going up • The factories and machines used to make goods • ...
Economics Crossword 2023-03-02
Across
- Economy where it's a mix of all three
- A payment to individuals from the federal Government
- Positive effect of a choice
- Increasing productions of goods and services over time
- Economy where the central authorities make the decisions
- The increase in overall price of goods/services.
- Meant to remove some type of burden
- Human-made resources
- Achieved through pursuing_____.
- Driving force of the economy
Down
- Ensuring that all of those who are willing and able to work are able to
- Economy where people make the decision
- Market Economies typically have more_____.
- Small Change
- Resources
- Resources being allocated to their most productive use
- Economy that is passed down generations
- Fairness within the economy
- "all things being equal"
- protecting individuals and firms from risk
- Workers
21 Clues: Workers • Resources • Small Change • Human-made resources • "all things being equal" • Positive effect of a choice • Fairness within the economy • Driving force of the economy • Achieved through pursuing_____. • Meant to remove some type of burden • Economy where it's a mix of all three • Economy where people make the decision • Economy that is passed down generations • ...
Economics Vocab 2024-02-21
Across
- a table that lists the quantity supplied for a good or service that suppliers throughout the whole economy are willing and able to supply at all possible prices
- measures how much the quantity supplied of a good or service changes when there is a price change
- table that shows the quantity demanded of a good or service
- takes place when the demand and subsequent sales numbers for a particular product decrease as the result of a price increase
- The scenario where the additional unit of a variable factor of production results in higher output per unit, given that all other factors are constant
- the static quantity of a good or service when its price changes
- a direct or indirect payment to individuals or firms, usually in the form of a cash payment from the government or a targeted tax cut
- a table that shows the quantity supplied at each price
- a tabulation of the quantity of a good that all consumers in a market will purchase at a given price
- average fixed cost equals the total variable cost per unit of produced quantity
- the degree to which demand responds to a change in an economic factor
- the increase in revenue that results from the sale of one additional unit of output
- a good that adds value to another good when they are consumed together
- all variables are the same
- taxes levied on specific goods or services like fuel, tobacco, and alcohol
- ongoing expenses incurred from the normal day-to-day of running a business
- an expense that changes in proportion to production output or sales
- the total amount of money that a company earns through the selling of its goods and services, over a time period
Down
- the quantity purchased varies inversely with price
- a given percentage change in price leads to an equal percentage change in quantity demanded or supplied
- the use of population data as a way to study the patterns of behavior among groups of people that impact the economy
- an economic concept used to measure the change in the aggregate quantity demanded of a good or service in relation to price movements of that good or service
- a graph that shows the relationship between price and supply
- costs that are independent of volume
- an item that becomes less desirable as the income of consumers increases
- rules that limit who can enter a business (entry controls) and what prices they may charge
- adding an additional factor of production results in smaller increases in output
- the change in output that results from employing an added unit of labor
- describes how an increase in income can change the quantity of goods that consumers will demand
- indicators that show us the current trends in the economy
- a product or service that consumers see as essentially the same or similar-enough to another product
- as the price of a good or service increases, the quantity of goods or services increases
- An increase in orders and shipments of capital goods
- the cost that is required to produce a product
- the number of goods or services that suppliers will produce and sell at a given market price
- a graphical representation of the relationship between the price of a good or service and the quantity demanded for a given period of time
- an economic theory that predicts how the price of goods and services affects their supply
- the change in total production cost that comes from making or producing one
- a graph that shows the relationship between price and supply
39 Clues: all variables are the same • costs that are independent of volume • the cost that is required to produce a product • the quantity purchased varies inversely with price • An increase in orders and shipments of capital goods • a table that shows the quantity supplied at each price • indicators that show us the current trends in the economy • ...
Economics Project 2024-02-21
Across
- a level of production at which the marginal product of labor decreases as the number of workers increases
- a table that lists the quantity of a good a person buys at various prices in a market
- producers offer more of a good as its price increases and less as its price falls
- describes demand that is very sensitive to a change in price
- the cost of operating a facility such as a factory or store
- a tax on the production or sale of a good
- the change in consumption that results when a price increase causes real income to decline
- a graph of the quantity supplied of a good by all suppliers at various prices
- a latin phrase that means "all other things held constant"
- describes demand that is not very sensitive to price changes
- two goods that are bought and used together
- a graph of the quantity supplied of a good at various prices
- the desire to own something and the ability to pay for it
- the amount that a supplier is willing and able to supply at a specific price
- the total cost divided by the quantity produced
- a graphic representation of a demand schedule
- a chart that lists how much of a good a supplier will offer at various prices
- the cost of producing one more unit of a good
- when consumers react to an increase in a goods price by consuming less of that good and more of a substitution good
Down
- a cost that does not change no matter how much of a good is produced
- a good that consumers demand less of when their incomes increase
- consumers will buy more of a good if the price is lower or less when its price is higher
- A measure of the way quantity supplied reacts to a change in price
- a table that lists the quantity of a good all consumers will buy at various prices
- a good that consumers demand more of when their incomes increase
- a cost that rises or falls depending on the quantity produced
- the additional income from selling one more unit of a good sometimes equal to price
- a chart that lists how much a good all suppliers will offer at various prices
- a level of production in which the marginal product of labor increases as the number of workers increase
- government intervention in a market that affects the production of a good
- the change in output from hiring one additional unit of labor
- a measure of how consumers respond to price changes
- the total amount of money a company receives by selling goods or services
- the amount of goods available
- describes demand whose elasticity is exactly equal to 1
- a government payment that supports a business or market
- a factor that can change
- the sum of fixed cost plus variable cost
- goods that are used in place of one another
- the statistical characteristics of populations and population segments, especially when used to identify consumer markets
40 Clues: a factor that can change • the amount of goods available • the sum of fixed cost plus variable cost • a tax on the production or sale of a good • two goods that are bought and used together • goods that are used in place of one another • a graphic representation of a demand schedule • the cost of producing one more unit of a good • ...
Economics Vocab 2024-02-25
Across
- a tabulation of the quantity of a good that all consumers in a market will purchase at a given price
- an expense that changes in proportion to production output or sales
- a table that shows the quantity supplied at each price
- a product or service that consumers see as essentially the same or similar-enough to another product
- ongoing expenses incurred from the normal day-to-day of running a business
- rules that limit who can enter a business (entry controls) and what prices they may charge
- the static quantity of a good or service when its price changes
- table that shows the quantity demanded of a good or service
- describes how an increase in income can change the quantity of goods that consumers will demand
- a graph that shows the relationship between price and supply
- a graphical representation of the relationship between the price of a good or service and the quantity demanded for a given period of time
- the use of population data as a way to study the patterns of behavior among groups of people that impact the economy
- the number of goods or services that suppliers will produce and sell at a given market price
- the total amount of money that a company earns through the selling of its goods and services, over a time period
- the degree to which demand responds to a change in an economic factor
- The scenario where the additional unit of a variable factor of production results in higher output per unit, given that all other factors are constant
- the cost that is required to produce a product
- adding an additional factor of production results in smaller increases in output
- an economic theory that predicts how the price of goods and services affects their supply
- a graph that shows the relationship between price and supply
- An increase in orders and shipments of capital good
Down
- takes place when the demand and subsequent sales numbers for a particular product decrease as the result of a price increase
- the increase in revenue that results from the sale of one additional unit of output
- costs that are independent of volume
- the quantity purchased varies inversely with price
- a table that lists the quantity supplied for a good or service that suppliers throughout the whole economy are willing and able to supply at all possible prices
- a good that experiences an increase in demand due to an increase in a consumer's income
- a good that adds value to another good when they are consumed together
- the change in output that results from employing an added unit of labor
- average fixed cost equals the total variable cost per unit of produced quantity
- taxes levied on specific goods or services like fuel, tobacco, and alcohol
- an economic concept used to measure the change in the aggregate quantity demanded of a good or service in relation to price movements of that good or service
- measures how much the quantity supplied of a good or service changes when there is a price change
- as the price of a good or service increases, the quantity of goods or services increases
- all variables are the same
- a given percentage change in price leads to an equal percentage change in quantity demanded or supplied
- the change in total production cost that comes from making or producing one
- an item that becomes less desirable as the income of consumers increases
- indicators that show us the current trends in the economy
- a direct or indirect payment to individuals or firms, usually in the form of a cash payment from the government or a targeted tax cut
40 Clues: all variables are the same • costs that are independent of volume • the cost that is required to produce a product • the quantity purchased varies inversely with price • An increase in orders and shipments of capital good • a table that shows the quantity supplied at each price • indicators that show us the current trends in the economy • ...
