economics Crossword Puzzles
Economics Crossword 2022-09-21
Across
- An item which is able to be seen and/or touched (ex.pencil)
- satisfy the same set of goals or preferences (ex.Hamburger and pork)
- An item which is not necessary for survival but adds pleasure/comfort to life (ex.playstation)
- An expensive item that can be seen/touched but is not necessary for survival (ex.sports car)
- Assistance provided which satisfied needs/wants of people/businesses but is not a product that can be touched (ex.babysitting)
- Things that can not be perceived by touch (ex.copyright)
- State of the economy where there are large unemployment rates, a decrease in income, and standard of living decreases (ex.Great Depression)
- The production and/or sale of goods and/or services to satisfy the needs, wants, and demands of consumers with a purpose of making a profit
- To come up with a new unique idea, thought, or production for a new object, device, or process, which a person has not seen or heard of before (ex.light bulb)
- An essential item for survival which can be seen and/or touched (ex.food)
- Equipment, building, money, which is used to produce goods and services (ex.vehicles)
Down
- Means through which goods and services are made available to consumers (ex.land)
- People who work to produce goods/services in a business (ex.training)
- State of the economy where there is an increase in output, income, employment, prices and profit
- Amount of goods/services businesses are willing and able to sell at certain prices
- People/businesses which buy goods/services (ex.people)
- Goods that are a result of changed conditions, can replace each other in use or consumption (ex.Coke vs Pepsi)
- Goods which are used together (ex.phone+data)
- Goods that help complete another in some way (ex. ketchup and hamburger buns)
- An item which is necessary for survival (ex.water)
- Using new technology, materials or processes to improve existing products, or on how they are produced and distributed (ex.electric cars)
- A type of economy where a combination of consumers, businesses and government make the decisions (Ex.Canada)
- An individual who purchase goods or services (ex.customers)
- A product/service that consumers no longer want as it is outdated/outmoded or has been replaced by a new/improved product (ex.layer disk)
- An individual or business whcih makes a product (ex.McDonalds)
- Raw materials we get from earth, water and air (ex.cotton)
- The amount of goods/services people are willing to buy at certain prices
- General increase in the price of goods and services over a period of time
28 Clues: Goods which are used together (ex.phone+data) • An item which is necessary for survival (ex.water) • People/businesses which buy goods/services (ex.people) • Things that can not be perceived by touch (ex.copyright) • Raw materials we get from earth, water and air (ex.cotton) • An item which is able to be seen and/or touched (ex.pencil) • ...
Economics Vocabulary 2025-11-04
Across
- where the proportion of income paid in tax rises as the income of the taxpayer rises
- Tax on imported goods (brought from other countries)
- A sustained increase in the general price level of goods and services in an economy over time
- government’s spending and revenue plans for the next year
- When people who are willing and able to work cannot find a job.
- taxes levied on spending, such as VAT
- decisions about government spending, taxation and levels of borrowing that affect aggregate demand in the economy
- tax on some goods and services – businesses pay value-added tax on most goods and services they buy and if they are VAT registered, charge value-added tax on the goods and services they sell
- amount by which government revenue exceeds government spending
- poverty that is defined relative to existing living standards for the average individual
- An increase in the output of goods and services in an economy over time
- fiscal measures designed to reduce demand in the economy
- where people do not have enough resources to meet all of their basic human needs
- Tax on the money you earn from working.
Down
- rate of interest set by government or regional central banks for lending to other banks, which in turn influences all other rates in the economy
- Tax on company profits
- The difference between a country’s exports and imports of goods, services, and income flows
- amount by which government spending exceeds government revenue
- tools governments use to implement their policies, such as interest rates, rates of taxation, levels of government spending
- tax system that places the burden of the tax more heavily on the poor
- amount of money circulating in the economy
- differences in income that exist between the different groups of earners in society, that is, the gap between the rich and the poor
- graphical representation of the degree of income or wealth inequality in a country
- Tax paid by people who live in houses or apartments to help local services (like garbage collection)
- legal arrangement where you borrow money from a financial institution in order to buy land or a house, and you pay back the money over a period of years; if you do not make your regular payments, the lender normally has the right to take the property and sell it in order to get back their money
- total amount of money owed by a country
- fiscal measures designed to stimulate demand in the economy
- use of interest rates and the money supply to control aggregate demand in the economy
- price of borrowing money
- taxes levied on the income earned by firms and individuals
- particular costs, such as taxes or interest payments, seen as a problem, especially when they are high
31 Clues: Tax on company profits • price of borrowing money • taxes levied on spending, such as VAT • total amount of money owed by a country • Tax on the money you earn from working. • amount of money circulating in the economy • Tax on imported goods (brought from other countries) • fiscal measures designed to reduce demand in the economy • ...
Applied Economics 2025-10-16
Across
- Is the portion of income earned that is not spent on consumption or taxes.
- Is where securities of corporations are traded.
- Is a person's liking or preference.
- Payment for public goods and services by citizens.
- Refers to the competitive environment in which buyers and sellers operate.
- Refers to the purchasing power of a person's money income. This is the amount of goods and services one can buy with the income.
- Is a good which a consumer tends to buy more of when income increases.
- Is a means of interaction between buyers and sellers for trading or exchange. It is where the consumer buys and the seller sells.
- Is a Filipino who works in a foreign country.
- Is a market where there is a sole producer of a product, for which there are no close substitutes.
- Shows the different quantities the seller is willing to sell at various prices.
- Are factors other than price that also can influence the demand for or supply of a good.
- Is a market where a few sellers account for most of or total production.
- Refers to the quantity of goods that a seller is willing to offer for sale.
- Measures how the quantity demanded changes as consumer income changes.
- This measures the responsiveness of demand to a change in the price of the good.
Down
- Is a change in the entire demand or supply curve, due to a change in a non price determinant of demand or supply.
- Exists when quantity demanded is equal to quantity supplied.
- Exists when there are many buyers and sellers who are too small to affect price and who offer a homogenous or highly similar good in the market.
- Work for less than 40 hours.
- Payment for the use of land belonging to a landowner.
- Is a type of imperfect competition where firms sell differentiated products which are highly substitutable but are not perfect substitutes.
- Government-provided facilities for public use that society and the economy cannot do without.
- The highest price that the seller can charge for the good being sold, normally set by the government.
- Are those which are used in place of each other.
- Basic factors of production enabling the processing of products towards higher stages.
- Refers to the surge in the demand for housing and residential property.
- Is a fixed regular payment, typically paid on a daily or weekly basis, made by an employer to an employee.
- Includes all the inhabitants of a particular town, area, or country.
- Refers to the lowest wage permitted by law below which if paid by employer will subject him to penalty from the government.
30 Clues: Work for less than 40 hours. • Is a person's liking or preference. • Is a Filipino who works in a foreign country. • Is where securities of corporations are traded. • Are those which are used in place of each other. • Payment for public goods and services by citizens. • Payment for the use of land belonging to a landowner. • ...
Economics 101 2025-11-09
Across
- to protect a resource so it doesn’t run out.
- people who do the work to make goods or provide services.
- to exchange an item or service for something you don’t have.
- is anyplace where two or more parties can meet to engage in an economic transaction.
- the act of using goods and services.
- a source of supply, support or help. (Take a look around you. We are surrounded by resources. Ex. desk, bath, phone etc).
- is a perceived worth of a good or service.
- the economic problem of having limited resources to meet unlimited wants and needs.
- the potential benefits that an individual, business, or investor misses out on when choosing one alternative choice over another.
- Capital resources are tools that a business uses to manufacture goods and provide services.
- is the total satisfaction or benefit derived from consuming a good or service.
- how well a business produces or makes its products.
- not tangible or measurable costs such as time and resources that could have been used in another way.
- how much people want a resource.
- the amount of available resources.
- is any item or verifiable record that is generally accepted as payment for goods and services and repayment of debts.
Down
- is any individual or organization that purchases goods or services for use rather than for resale or further production.
- a community, of people of any kind, that produces, trades, and consumes. Production + Trade + Consumption.
- the state of owing money.
- the science that deals with the production, distribution, and consumption of wealth, and with various related problems of labor, finance, and taxation.
- is the willingness to rely on another party or situation involving risk.
- people focus on making certain things better or doing certain jobs well.
- direct payments for goods or services. In other words, costs you can count.
- when there are more of a good or service available than people want to buy.
- Natural resources are raw materials found on and below the Earth’s surface. They are naturally occurring materials formed without any human intervention.
- to produce or make something. idea + Resources + labor + capital
- non-material or intangible goods that are used to satisfy consumer needs and wants.
- items produced to satisfy the needs and wants of consumers.
28 Clues: the state of owing money. • how much people want a resource. • the amount of available resources. • the act of using goods and services. • is a perceived worth of a good or service. • to protect a resource so it doesn’t run out. • how well a business produces or makes its products. • people who do the work to make goods or provide services. • ...
Economics crossword 2025-10-31
Across
- adam smith taught here
- what was keynes occupation
- when was keynes born
- what is priming the pump
- used keynes strategies
- what to produce
- when did keynes die
- adam smith was born here
- where is keynes from
- adam smith most influential book
- keynes book
- wealth of nations
Down
- what is deficit spending
- where did keynes study
- TINSTAAFL
- for whole to produce
- is adam smith an economist
- how to produce
- what did he negotiate there
- what did he establish there
- where was wealth of nations written
- is adam smith a philosopher
- what did he become after the war
- father of economics
- what war did keynes use his strategies
- adam smith graduated from
- when was his final work
- let it be
- laissez-faire
29 Clues: TINSTAAFL • let it be • keynes book • laissez-faire • how to produce • what to produce • wealth of nations • father of economics • when did keynes die • for whole to produce • when was keynes born • where is keynes from • where did keynes study • adam smith taught here • used keynes strategies • when was his final work • what is deficit spending • what is priming the pump • adam smith was born here • ...
Economics Review 2025-12-11
Across
- A person, company, or country that makes, grows, or supplies goods or commodities for sale
- tax: A tax on people's earnings
- people not working who have looked for work during previous 4 weeks
- off: told that you no longer have a job because there is not enough work for you to do
- When a company comes up with new ideas or products.
- Security: tax paid by workers to cover government programs
- A share of ownership in a business or company.
- economy: Economic decisions are made by individuals based on consumer demand
- force: the total number of workers, including both the employed and the unemployed
- Things we would like to have, such as entertainment, vacations, and items that make life comfortable and enjoyable
- economy: Producers don't compete because everyone works to meet the community's survival needs.
- money taken out of your paycheck to pay for your current healthcare
- card: A bank card that automatically deducts the amount of a purchase from the checking account of the cardholder
- account: a bank account that earns interest
- the difference between the amount earned and the amount spent producing something
- the desire to own something and the ability to pay for it
- The study of how individuals and nations make choices about ways to use scarce resources to fulfill their needs and wants
- a formal contract to repay borrowed money
- A system by which goods and services are produced and distributed
- The amount of goods available
- the area where things are bought and sold
Down
- A slowdown in a nation's economy
- A reason to act a certain way or to make a certain choice
- When a business tries to convince you to buy their product over another company.
- Economy: has different aspects of the other types of economies (some government regulations)
- The things you would not survive without.
- taxes to pay for the health care of the elderly
- Forces: supply and demand
- A person who purchases goods and services for personal use
- economy: An economic system in which the government controls a country's economy.
- card: plastic card used to buy things on loan with interest
- Limited quantities of resources to meet unlimited wants
- forced to leave a job
- work performed by a person for someone else
- to set aside money for a certain time so that it can be used later.
- cost: whatever must be given up to obtain some item
- Earnings from work or investment
37 Clues: forced to leave a job • Forces: supply and demand • The amount of goods available • tax: A tax on people's earnings • A slowdown in a nation's economy • Earnings from work or investment • The things you would not survive without. • a formal contract to repay borrowed money • the area where things are bought and sold • work performed by a person for someone else • ...
Economics 3.2 2025-12-23
Across
- total value of output in a country
- increase in prices over time
- number used to divide out inflation
- total
- diagram which shows effects on price level and output
- the maximum amount of production possible
- problem caused by a large population of very young (or old) people in an economy
- shortage of this product brought on a recession in the 1970's
- variations in GDP over time
- part of the economy unseen by government
- describes dollar amounts that are adjusted for inflation
- the cost of borrowing
- period of negative real GDP growth lasting two quarters or more
Down
- psychological factor that moves economies
- per person
- index used to compare the cost of living in different countries
- spending by businesses on capital
- skills and abilities which add to productivity
- data resource published by the federal reserve bank of St Louis
- total income of a country's people
- index which measures environmental impact and life satisfaction
- adjustment for cost of living in different places
- spending by households on goods and services
- an economy in which waste becomes resource
- any length period of GDP decline
- another name for economic growth
26 Clues: total • per person • the cost of borrowing • variations in GDP over time • increase in prices over time • any length period of GDP decline • another name for economic growth • spending by businesses on capital • total value of output in a country • total income of a country's people • number used to divide out inflation • part of the economy unseen by government • ...
Economics Crossword 2026-01-06
Across
- The extra benefit of adding one unit
- A good that consumers want less of when their income increases
- A tax on goods imported into a country
- The lowest price for a good or service
- When there isn't enough supply of a good to satisfy the demands of the consumers
- Where a few large firms dominate a market
- Where the demand for a good is the same as the supply of the good
- A market where one seller dominates the market in that area of business
- a limited amount of goods and services to meet unlimited wants
- A required payment to the government
- When there is more supply than demand for a good
Down
- A cost that doesn't change no matter how much of a good or service is produced
- Giving up one good in order to gain another, greater benefit
- A good that consumers want more of when their income increases
- The highest price a company can make a good or service
- The use of fewer resources than an economy is capable of using
- The dollar value of all of the goods and services produced within a country's boarder in a year
- An increase in prices in an economy
- Measured in current prices
- The best alternative is given up because of a decision
- The extra cost of adding one unit
- The total amount of satisfaction a consumer gets when they have consumed all of the good
- Measured in constant and unchanging prices
23 Clues: Measured in current prices • The extra cost of adding one unit • An increase in prices in an economy • The extra benefit of adding one unit • A required payment to the government • A tax on goods imported into a country • The lowest price for a good or service • Where a few large firms dominate a market • Measured in constant and unchanging prices • ...
Economics Vocab 2025-10-08
Economics HMH 2025-09-23
Across
- businesses where people make finished products from raw materials
- the process in which countries are increasingly linked to each other through culture and trade
- the value of all goods and services produced within a country in a single year (GDP)
- businesses that provide services rather than goods
- the removal of trade barriers between nations
- any law that limits free trade between nations
- the human time, effort, skills, and talent needed to produce goods and services
- is used to make other goods—like machinery being used by a farmer
- government goods and services that the public consumes; highways are an example
- provide the raw materials needed to make goods
- motivation, or reason to do something
- an economic system based on free trade and competition
- an economic system in which the central government makes all economic decisions
- an economy that is a combination of command, market, and traditional economies
- a person who organizes, manages, and assumes the risk of a business
Down
- businesses that focus on growing crops and raising livestock
- an economic system in which businesses can compete freely with one another with little government intervention; capitalism
- culture traits that are well known and widely accepted
- countries with strong economies and a high quality of life
- countries with less productive economies and a lower quality of life
- an economy in which production is based on customs and tradition and in which people often grow their own food, make their own goods, and use barter to trade
- businesses that sell directly to final customers
- businesses that sell to businesses
23 Clues: businesses that sell to businesses • motivation, or reason to do something • the removal of trade barriers between nations • any law that limits free trade between nations • provide the raw materials needed to make goods • businesses that sell directly to final customers • businesses that provide services rather than goods • ...
Business & Economics 2026-03-13
Across
- Someone who starts a business and takes risks.
- Actions or activities that people do for others, like teaching or cleaning.
- The money left after costs are taken from sales.
- Rivalry between businesses to get customers.
- How much people want a product or service.
- Something used to produce goods and services, like land or labour.
- A person who buys goods or services.
- The amount of a product that is available for sale.
Down
- A place or system where goods and services are bought and sold.
- The buying and selling of goods and services.
- Goods sent from a country to another country for sale.
- Goods brought into a country from another country.
- Money that is not spent and is kept for future use.
- Physical items that are produced and sold, like food or clothing.
- Someone who makes or provides goods or services.
- A plan that shows income and spending.
- A business where people keep, save, and borrow money.
- The system of production, distribution, and consumption of goods and services.
- Spending money to make a future profit.
- The amount of money required to buy something.
20 Clues: A person who buys goods or services. • A plan that shows income and spending. • Spending money to make a future profit. • How much people want a product or service. • Rivalry between businesses to get customers. • The buying and selling of goods and services. • Someone who starts a business and takes risks. • The amount of money required to buy something. • ...
Economics Review 2016-09-14
Across
- a way to buy something now and pay for it later
- a term that means a limited supply of goods or resources
- a sum of money borrowed from a person or group
- ___ resources are the people who supply services or produce goods.
- ___ resources are materials supplied by nature such as water, minerals, plants, and animals.
- type of economic system where people (private individuals) are allowed to own their own businesses and produce what they want
- in a ___ economic system, businesses own most resources and determine what and how to produce, but the government regulates certain industries
- A person who starts his own business is an example of which productive resource?
- a trade ___ occurs when a country forbids trade with another country
- to commit money to possibly gain more money
- a term for a person who buys goods and services
Down
- barrier:A ___ ___ is any restriction on trade
- ___ resources are the things we use (such as tools, buildings, and machinery) to produce goods and services.
- type of economic system where people make their own clothing and tools and trade extra food or items with others in their society
- restriction or limit on the amount of goods that can be imported into a country
- a fee paid to use someone else's money
- an economic term that means "to make something"
- money that you earn by working
- International trade requires a system for currency ___.
- a tax placed on imported goods
- type of economic system where the government controls what is produced and how it is produced
21 Clues: money that you earn by working • a tax placed on imported goods • a fee paid to use someone else's money • to commit money to possibly gain more money • barrier:A ___ ___ is any restriction on trade • a sum of money borrowed from a person or group • a way to buy something now and pay for it later • an economic term that means "to make something" • ...
Economics Crossword 2016-03-08
Across
- alternatives that people choose from when they give up choices
- not a necessity
- all natural resources
- an object that can be bought
- the additional satisfaction from using one more unit of a product
- someone who purchases a product
- an approach that weighs the benefits of an action against its costs
- methods to encourage people to take certain actions
- study of how people satisfy their unlimited wants with limited resources
- the value of something that is given up
- not enough resources to satisfy wants
Down
- human effort to produce goods and services
- resources needed to produce something
- someone who works to make something
- make decisions according to the best combination of costs and benefits
- the resources made and used by people to produce goods and services
- risk taker to start a business
- satisfaction received from using a good or service
- the additional cost of using one more unit of a product
- necessity in life
- a work one person does for another without being paid
21 Clues: not a necessity • necessity in life • all natural resources • an object that can be bought • risk taker to start a business • someone who purchases a product • someone who works to make something • resources needed to produce something • not enough resources to satisfy wants • the value of something that is given up • human effort to produce goods and services • ...
Economics Crossword!! 2015-12-07
Across
- Not enough Demand
- Opposes government intervention
- efficiency
- Monetary Value
- Denmark, Finland
- 7.25
- One firm controlling the Market
- deficient-demand unemployment
- sustained increase in the general price level of goods and services
- adjusts its spending levels and tax rates
- used to identify federal programs such as Social Security and Medicare
- A benefit given by the government to groups or individuals usually in the form of a cash payment or tax reduction
- dominant economic system worldwide.
Down
- kick start a lagging or struggling economy
- a decision-making tool to help them maximize their profits.
- Shortage
- influences a nation's money supply
- CPI
- Not enough supply
- At least two firms controlling the market
- Short in Supply
- America
- Total satisfaction received from a good or service
- Surplus
- U.S.S.R
25 Clues: CPI • 7.25 • America • Surplus • U.S.S.R • Shortage • efficiency • Monetary Value • Short in Supply • Denmark, Finland • Not enough Demand • Not enough supply • deficient-demand unemployment • Opposes government intervention • One firm controlling the Market • influences a nation's money supply • dominant economic system worldwide. • At least two firms controlling the market • ...
Economics CH7 2017-05-04
Across
- responsibility for debt
- a major disadvantage to partnerships
- application for a license to form a corporation
- a license permitting the formation of a new corporation
- anything of value thAt a borrower can give up if they are unable to pay a loan
- a type of business that is owned collectively by its members
- decision making body of a corporation
- the type of partnership in which partners have equal decision making opportunities
- an enterprise that uses the original company's name to sell goods or services
- the amount of time a business operates
Down
- the type of a partnership in which partners rarely take an active role in business decisions
- a business owned and operated by one person
- a business owned and operated by two or more people
- sold by corporations to raise funds
- certificate issued by a corporation in exchange for money borrowed from an investor
- assigning duties to partners based on their skills
- portions of ownership of a firm
- actual amount of money borrowed from a bondholder
- occurs when one company joins with another
- specifies areas where various types of business activities can be pursued
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 3 2017-03-21
Across
- divide a municipality into residential, commercial,industrial
- association high prices
- the maintaining of prices
- valuable thing, person, or quality.
- Two companies that are in direct competition and share the same product lines and markets.
- extra benefit supplementing an employee's salary
- as such consists of one or more general partners and one or more limited partners.
- are corporations that elect to pass corporate income, losses, deductions, and credit through to their shareholders for federal tax purposes.
- refers to any corporation that, under United States federal income tax law,
Down
- is an arrangement by which partners conducting a business jointly
- who has limited liability cannot participate in management.
- secret or illegal
- an authorization granted by a government or company
- government corporation is the sole provider of a particular good
- a sum of money paid regularly
- A customer and company or a supplier and company.
- a sum of money paid to a patentee for the use of a patent
- capital raised by a business
- raw material that can be bought or sold
- an agreement with legal force
20 Clues: secret or illegal • association high prices • the maintaining of prices • capital raised by a business • a sum of money paid regularly • an agreement with legal force • valuable thing, person, or quality. • raw material that can be bought or sold • extra benefit supplementing an employee's salary • A customer and company or a supplier and company. • ...
Economics Review 2018-04-27
Across
- insures deposits up to $250,000
- hurts people on fixed incomes
- how to measure standard of living
- accumulation of all deficits from previous years
- interest the Federal Reserve charges banks for loans
- market structure with a few large sellers who act interdependently
- the main reason people assume the risks of entrepreneurship
- when individuals do specific tasks in the production of goods and services
- condition that exists because human wants and needs are greater than available resources
Down
- positive and negative rewards that encourage economic behavior such as making purchases or working to increase productivity
- additional good or profit from one additional unit is called the __ benefit
- type of business organization with limited liability and double taxation
- type of business where you pay a corporation to use its name, logo, recipes, merchandise, etc
- economic system where a central authority allocates resources
- something of value to secure or back up a loan
- if you are a life guard unemployed because it is summer, you are experiencing __ unemployment
- measure of how efficiently resources are used, relationship of inputs to outputs
- the item or value that is lost when someone makes an economic decision
- the fundamental economic questions are: __ to produce? How to produce? For whom to produce?
- goods in which the use of one increase the use of the other
- good and services that a country sends to other nations
- a profit from an investment
- primary monetary policy making body of the Federal Reserve
- situation where quantity supplied is greater than quantity demanded
24 Clues: a profit from an investment • hurts people on fixed incomes • insures deposits up to $250,000 • how to measure standard of living • something of value to secure or back up a loan • accumulation of all deficits from previous years • interest the Federal Reserve charges banks for loans • good and services that a country sends to other nations • ...
Economics Crossword 2018-09-27
Across
- 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.
- Quantification of the economic value of a worker's skill set.
- Refers to property or other assets that have no proven ownership.
- An increase in the capacity of an economy to produce goods and services.
- The creative minds (inventors) and business people who are essential to the development or improvement.
- All the human labor required for the production and distribution.
- Measures the rate of people seeking work that are unable to find it in a giving economy.
- The term for the basic physical systems of a business or nation.
- Average age of death for people in a nation.
- average number of children born per family in a nation.
- It's very difficult for people to escape poverty
- percent of a population that can read at a primary school level or higher.
Down
- The use of monetary or fiscal policy changes to kickstart growth in the economy.
- Set of factors or events by which poverty, once started, is likely to continue unless there is outside intervention.
- Combined value of all goods and services bought, sold, and produced in a year.
- Refers to "first world" countries, states where nearly all citizens have access to infrastructure, healthcare, clean water, and technology; little to no extreme poverty.
- Also "third world" nations, these countries host a high level of extreme poverty and many citizens lack access to basic healthcare and infrastructure.
- prizes, money, or other material gain awarded for a desired behavior.
- Mainly free enterprise but government sets and organizes programs intended to promote economic progress and consumer safety.
- Condition of being unequal (economic inequality)
- All the natural resources (including land/space) used in the production of a good or service.
- 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.
- Benefits guaranteed to an individual.
- The state of owing money.
- Period of no or negative economic growth (negative GDP growth rate) that last more than six months.
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 2018-09-27
Across
- Refers to "first world" countries, states where nearly all citizens have access to infrastructure, healthcare, clean water, and technology; little to no extreme poverty.
- Combined value of all goods and services bought, sold, and produced in a year.
- prizes, money, or other material gain awarded for a desired behavior.
- The creative minds (inventors) and business people who are essential to the development or improvement.
- percent of a population that can read at a primary school level or higher.
- Period of no or negative economic growth (negative GDP growth rate) that last more than six months.
- Average age of death for people in a nation.
- Also "third world" nations, these countries host a high level of extreme poverty and many citizens lack access to basic healthcare and infrastructure.
- average number of children born per family in a nation.
- Quantification of the economic value of a worker's skill set.
- Condition of being unequal (economic inequality)
Down
- An increase in the capacity of an economy to produce goods and services.
- Mainly free enterprise but government sets and organizes programs intended to promote economic progress and consumer safety.
- Set of factors or events by which poverty, once started, is likely to continue unless there is outside intervention.
- It's very difficult for people to escape poverty
- The term for the basic physical systems of a business or nation.
- 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.
- All the human labor required for the production and distribution.
- The state of owing money.
- All the natural resources (including land/space) used in the production of a good or service.
- The use of monetary or fiscal policy changes to kickstart growth in the economy.
- Refers to property or other assets that have no proven ownership.
- Measures the rate of people seeking work that are unable to find it in a giving economy.
- Benefits guaranteed to an individual.
- 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.
25 Clues: The state of owing money. • Benefits guaranteed to an individual. • Average age of death for people in a nation. • It's very difficult for people to escape poverty • Condition of being unequal (economic inequality) • average number of children born per family in a nation. • Quantification of the economic value of a worker's skill set. • ...
Economics Crossword 2018-09-27
Across
- An increase in the capacity of an economy to produce goods and services.
- The term for the basic physical systems of a business or nation.
- The creative minds (inventors) and business people who are essential to the development or improvement.
- Average age of death for people in a nation.
- All the natural resources (including land/space) used in the production of a good or service.
- Measures the rate of people seeking work that are unable to find it in a giving economy.
- percent of a population that can read at a primary school level or higher.
- Refers to "first world" countries, states where nearly all citizens have access to infrastructure, healthcare, clean water, and technology; little to no extreme poverty.
- 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.
- average number of children born per family in a nation.
- Condition of being unequal (economic inequality)
- Quantification of the economic value of a worker's skill set.
Down
- prizes, money, or other material gain awarded for a desired behavior.
- Period of no or negative economic growth (negative GDP growth rate) that last more than six months.
- The use of monetary or fiscal policy changes to kickstart growth in the economy.
- Combined value of all goods and services bought, sold, and produced in a year.
- Mainly free enterprise but government sets and organizes programs intended to promote economic progress and consumer safety.
- Benefits guaranteed to an individual.
- Set of factors or events by which poverty, once started, is likely to continue unless there is outside intervention.
- Refers to property or other assets that have no proven ownership.
- It's very difficult for people to escape poverty
- All the human labor required for the production and distribution.
- Also "third world" nations, these countries host a high level of extreme poverty and many citizens lack access to basic healthcare and infrastructure.
- The state of owing money.
- 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.
25 Clues: The state of owing money. • Benefits guaranteed to an individual. • Average age of death for people in a nation. • It's very difficult for people to escape poverty • Condition of being unequal (economic inequality) • average number of children born per family in a nation. • Quantification of the economic value of a worker's skill set. • ...
SHS Economics 2018-03-27
Across
- the Frenchman who brings together the factors of production
- the factor of production that obsessed Marx
- type of elasticity equal to 1
- When prices fall
- type of crude oil
- Quantity is very sensitive to small changes in price
- point where welfare loss is zero - Mickey Mouse's nose is drawn here
- acronym for components of SRAS
- acronym for components of Govt failure
- Govt discourages consumption of this good (underground Car Park!)
- one of the three functions of the price mechanism
- unit of crude oil production
- limit price set by govt above the equilibrium to be effective
- acronym for components of LRAS
- characteristic of this good means I can't stop you consuming it
- an injection into the circular flow of income
- When past economic events affect the future capacity of the economy to grow. For example Why past unemployment affects current unemployment
- Curve associated with external benefits
- limit price set by govt below the equilibrium to be effective
- your one latin phrase in economics
- denominator in all elasticity except YED
- a resource that can be regenerated naturally
Down
- Curve associated with external costs
- denominator in YED formula
- abbreviation depicts all maximum output possibilities for two goods, given a set of inputs consisting of resources and other factors, assumes that all inputs are used efficiently.
- starting point for going up periscope or down to the car park
- When inflation grows more slowly
- Govt encourages consumption of this good (up periscope!)
- Quantity is extremely unresponsive to changes in price
- acronym for components of Market failure
- point where welfare loss begins - back of Mickey Mouse's nose is drawn here
- the Queen in every elasticity formula
- my consumption of this good doesn't affect the amount left for you
- the cost of the next best alternative foregone
- when social costs and private costs are different
- a withdrawal from the circular flow of income
- The type of economic growth based on production not just rising prices
- abbreviation for POTENTIAL productive capacity of the economy
- He advocates increased Government spending to encourage economic growth during a recession
- a statement of opinion that is not testable
- objective statement that can be tested, amended or rejected by referring to the available evidence
- German economist, lived his last years in London, predicted downfall of capitalist economies
- abbreviation for the sum of all demand
43 Clues: When prices fall • type of crude oil • denominator in YED formula • unit of crude oil production • type of elasticity equal to 1 • acronym for components of SRAS • acronym for components of LRAS • When inflation grows more slowly • your one latin phrase in economics • Curve associated with external costs • the Queen in every elasticity formula • ...
Health Economics 2013-01-09
Across
- Is the change in output resulting from a change in the quantity of the input used, other things held constant
- Arise in health care because of uncertainty and imperfect knowledge
- Involves constructing an inventory of all costs and benefits of an alternative, whatever they are and whoever incurs them; this forms a balance sheet in which they are weighed against each other.
- Is fairness in the distribution and finance of health and health care between people
- Measures the responsiveness of changes in one variable, for example the quantity demanded, to changes in another variable, for example price
- The amount of money an individual is prepared to pay for insurance which is their expected loss if uninsured
- Is a source of insurance market failure and arises because of the asymmetry of information between individuals who wish to buy insurance and the insurance provider
- Is a form of economic evaluation in which health benefi ts are usually measured in terms of quality adjusted life years (QALYs)
- Reflects their degree of risk aversion
- Intervene in the market for health care because markets fail to achieve Pareto efficiency and because markets can be inequitable
- Occurs when it is not possible to make someone better off without making someone else worse off
- May be retrospective or prospective
Down
- Is a graphical representation of a production function, showing all the combinations of inputs that will produce a particular output
- Summarises the relationship between the inputs to and outputs from a firm’s productive process
- Measures how substitutable the factors of production are
- Can be addressed via the introduction of health insurance
- Are spillover effects (positive or negative) incurred in the consumption or production of goods and services in the market
- Is a problem of excess use of health care. It arises when it is possible to alter the probability of illness or the size of the payout required by the insurance provider, it may be reduced by co-insurance, deductibles and no-claims bonuses
- Can lead to physician-induced demand.
- Are non-rival, non-excludable goods that are jointly consumed by everyone
- Is simply defined as the allocation of scarce resources that maximises the achievement of aims
21 Clues: May be retrospective or prospective • Can lead to physician-induced demand. • Reflects their degree of risk aversion • Measures how substitutable the factors of production are • Can be addressed via the introduction of health insurance • Arise in health care because of uncertainty and imperfect knowledge • ...
Economics Crossword 2012-08-08
Across
- Rates/ Interest rates does not change for a particular time.
- Someone that studies the economy.
- Rates/ The annual cost of borrowing credit or annual return on invested savings.
- Development/ A pattern of resource use that to meet human needs while preserving the environment.
- Cost/ Sacrificing something for an alternative.
- not much change in quantity demand when price changing.
- A downturn phase of the business cycle.
- Inputs used for production.
- The creating of goods and services.
- Measures how much the quantity changes when the price changes.
- Where a market or industry is dominated by a single producer of goods and services for which there is no close substitute.
- When a business spreads internationally to trade overseas.
- Sector/ A sector of the economy that includes all individual consumers.
- Produced overseas and bought into the country.
- Unemployment/ Individuals who would like a job or work longer hours.
- Person/A person who works full time or part time and gets paid.
- costs/ These include business expenses such as wages, rent and government taxes.
- fall in the general level of prices over a period of time.
- equality/ A situation where the income is evenly divided amongst a country.
- Domestic Product/ Total value of a country's output, income or expenditure produced within the country's physical borders.
- Inflation/ when prices rises very quickly.
- Flow Model/ a diagram that represents the market and sector of an economy.
- Constraints/ When there is a lack of spare productive capacity to meet increased demand.
- Elaborately Transformed Manufactures.
- Surplus/ A situation where the government receipts exceed outlays.
- Income earned by investors from ownership in shares of companies.
Down
- A situation where average prices are rising.
- Bank of Australia/ RBA
- Growth/ An increase in the capacity of an economy to produce goods and services.
- Listen a product can easily replace another because of their similarity.
- The amount of valuable assets owned by an individual.
- items of value owned by a person.
- Rate/ A percentage of a given group of individuals of working age who are prepared to work and seek employment.
- This exists when it is possible to reduce labour without a decrease in production levels.
- Person/ Those who are willing and able to work cannot secure a job.
- coefficient/ Measurement of inequity.
- Price Index/ An average measurement of prices of a basket of consumer goods and services.
- Assets acquired from a decreased person.
- Curve/ A diagram that illustrate the degree of equality or inequality of a country.
- A tax levied on imported goods.
- Investment/ G2
- Float/ Australia buying its own currency than selling it.
- Demand/ The amount of goods and services demanded in the economy.
- Payment received in exchange for work.
44 Clues: Investment/ G2 • Bank of Australia/ RBA • Inputs used for production. • A tax levied on imported goods. • items of value owned by a person. • Someone that studies the economy. • The creating of goods and services. • coefficient/ Measurement of inequity. • Elaborately Transformed Manufactures. • Payment received in exchange for work. • A downturn phase of the business cycle. • ...
Economics Vocabulary 2012-09-23
Across
- The money that a borrower pays to a lender in return for a loan
- Total market value of all goods and services produced in a country in a given year
- Goods or services that a country brings in or purchases from another country
- A person who buys goods or services for personal use
- A political system in which the government owns all property and runs a command economy
- A gain of money that comes typically from labor or capital
- An amount of money that is owed
- Paper or coins that a country uses for its money supply
- A finished product sold to consumers for personal or home use
- Objects or materials that humans can purchase to satisfy their wants and needs
- The process of using machinery for all major forms of production
- The gain or excess made by selling goods or services over their costs
- An increase in overall prices
Down
- The trade of goods and services
- Good or services that a country sells and sends to other countries
- The level of a country's economic activity, growth, and quality of life
- An economy that is a combination of command, market, and traditional economies
- A severe drop in overall business activity over a along period of time
- The structure of economic life in a country
- A required payment to a local, state, or national government
20 Clues: An increase in overall prices • The trade of goods and services • An amount of money that is owed • The structure of economic life in a country • A person who buys goods or services for personal use • Paper or coins that a country uses for its money supply • A gain of money that comes typically from labor or capital • ...
Economics Quiz 2013-12-11
Across
- When the responsiveness of quantity is proportionally greater than the change in price.
- Spending which is not generated by households in the circular flow of income.
- Fish stocks or forests
- The chart that shows quantity demanded or supplied at various prices.
- Type of factor of production.
- The sector of the economy that produces services.
- Small rises in the price level over a long period of time.
- Values unadjusted for the effects of inflation
- The benefits forgone of the next best alternative.
- A period when there is a particulary deep and long fall in output.
- Unemployment that is short and in-between jobs.
- Goods which are scarce because their use has an economic cost.
- A special type of inferior good where demand increases when price increases.
- This type of good is provided by the government because it is not provided by market mechanism.
- Type of demand when a good is demanded for two or more distinct uses.
- Another word for surplus.
- Supply curves are _____ sloping.
Down
- Price where there is neither excess demand nor excess supply.
- One of the actors of an economic system.
- When the demand of one good is the result of the demand for another good.
- Type of economic model with time as a variable.
- Idea that we should create “the greatest happiness of the greatest number”.
- Latin for “all things being equal”.
- Specialization of workers
- Output per unit of input employed.
- The abbreviation of income elasticity of demand.
- Economic activity which goes unreported to tax authorities.
- Type of unemployment when there is insufficient demand in the economy
- Method of making a theory, testing it and coming to a conclusion.
- Shape of the PPF because not all resources are as productive for various uses.
- Difference between actual level of GDP and the productive potential of an economy.
- A measure of the price level in an economy.
- Medium of exchange by swapping one good for another.
- Inflation caused by increases in the cost of production in the economy.
34 Clues: Fish stocks or forests • Specialization of workers • Another word for surplus. • Type of factor of production. • Supply curves are _____ sloping. • Output per unit of input employed. • Latin for “all things being equal”. • One of the actors of an economic system. • A measure of the price level in an economy. • Values unadjusted for the effects of inflation • ...
ECONOMICS VOCABULARY 2015-03-26
Across
- Employment on varying terms paid at a slightly higher rate than permanent staff
- Promoting a product or service to the public
- Government agency responsible for protecting consumers
- The ideas, recipes or systems which combine other resources
- Type of business ownership where liability is limited to your investment
- Where two to twenty people share the total liability of a business
- Value of all final goods and services produced in a year
- Model showing how money moves around the economy
- Basic unit of business
- Training workers to do a number if specific tasks
- Resources provided by nature
- Company which ensures it treats its employees, suppliers and customers fairly
- Earned by people in the form of wages or salaries
Down
- All man made goods which are used to make other goods or services
- People born in the fifteen years after world war two
- All human effort
- Company concerned with its impact on the environment
- The process of turning resources into goods and services
- Study of how people use scarce resources to maximum benefit
- Breaking a task into specific parts to be done by experts
- Most important objective of business
- Where portions of the ownership of a company are sold to the public
- paid to owners for the use of their land resources
- Refers to people who fly to and from work
- Instrument used to compare two different sets of information equally
- Per person
26 Clues: Per person • All human effort • Basic unit of business • Resources provided by nature • Most important objective of business • Refers to people who fly to and from work • Promoting a product or service to the public • Model showing how money moves around the economy • Training workers to do a number if specific tasks • Earned by people in the form of wages or salaries • ...
Economics Basics 2021-09-14
Across
- The value of a product or service expressed in dollars and cents and is determined by many factors, including supply and demand
- The economic principle that demand goes up when prices come down, an comes down when prices go up
- Any location where producers and consumers come together to engage in the buying or selling of goods and services
- A person who takes risks and starts a venture to solve a problem or to take advantage of an opportunity; a person who provides an innovative product or service to meet a consumer want or need
- People who work to produce goods and services in a business; also known as workforce or labour
- The reward that an owner receives for taking risks. It is the money left over from sales after the costs and expenses of operating a business have been paid
- A charitable organization or charity that does not seek profit from the operations of the business and raises funds for a specific goal
- Items that can be seen and touched
- Items not necessary for survival but that adds pleasure and comfort to life
- Resources such as equipment, a building, or money, that are used to produce goods and services
- A person who buys goods and services. Also referred to as a customer
- Quantity of goods and materials kept on hand
- Another name for economic resource
- When businesses are in control and can charge high prices and raise prices when costs go up
- Patrons of a particular store or business
- Assistance provided, usually in return for payment, that satisfies needs or wants of consumers
- The quantity of a good or service that producers can provide, determined by the costs of producing it and by the price people are willing to pay for it
- An individual or business that makes a product or provides services
- When consumers have the power to choose where they will buy goods and services, and how much they will pay for them
Down
- An independent association of persons who utilize the goods and services offered and come together to meet their economic, social, and cultural needs and goals
- An organization, often a charitable organization, that does not seek to make a profit from the operations of the business
- The way business and government work together to provide goods and services to consumers, and ensure that a country's resources will not be overstretched
- The quantity of a good or service that consumers are willing and able to buy
- Expenditures that help a business generate revenue; assets that are consumed in the process of generating revenue
- Having the ability to pay all debts and meet financial obligations
- A situation in which two or more businesses try to sell the same type of product or service to the same customer
- The raw material that come from the earth, the water, and the air
- The amount of money that is required for each stage of production
- This means through which goods and services are made available to consumers
- The economic principle that supply goes up, and cones down when prices come down
- Mutually dependent; relying on others who also rely on you
- A product or service that consumers no longer want because it has become outdated or outmoded or has been replayed by a new or improved product
- Items necessary for survival such as food, clothing, or shelter
33 Clues: Items that can be seen and touched • Another name for economic resource • Patrons of a particular store or business • Quantity of goods and materials kept on hand • Mutually dependent; relying on others who also rely on you • Items necessary for survival such as food, clothing, or shelter • The raw material that come from the earth, the water, and the air • ...
Economics Vocab 2021-02-23
Across
- combination of two or more companies in a single firm
- a government- or group-imposed price control, or limit, on how high a price is charged for a product, commodity, or service.
- government control and regulation of the amounts charged for rented housing.
- is a situation in which the quantity of a good or service supplied is more than the quantity demanded, and the price is above the equilibrium level determined by supply and demand
- selling a product below cost to drive competitors out of the market
- the lowest wage someone can earn per hour
- a formal organization of producers that agree to coordinate prices and production
- point of balance
- a situation where internal and/or external forces prevent market equilibrium from being reached or cause the market to fall out of balance
- a market structure in which many companies sell products that are similar but not identical
- an agreement among firms to charge one price for the same good
- laws that encourage competition in the market place
- the removal of regulations or restrictions, especially in a particular industry.
Down
- an amount of something left over when requirements have been met; an excess of production or supply over demand.
- an established lower boundary on the price of a commodity in the market.
- any action carried out by the government or public entity that affects the market economy with the direct objective of having an impact in the economy, beyond the mere regulation of contracts and provision of public goods.
- the situation prevailing in a market in which buyers and sellers are so numerous and well informed that all elements of monopoly are absent and the market price of a commodity is beyond the control of individual buyers and sellers.
- a series of competitive price cuts that lowers the market price below the cost of production
- an agreement among firms to divide the market, set prices, or limit production
- a situation in which the market demand for a commodity is greater than its market supply, thus causing its market price to rise.
- like a cartel, and illegal grouping of companies that discourages competition
- a market structure in which a few large firms dominate a market
22 Clues: point of balance • the lowest wage someone can earn per hour • laws that encourage competition in the market place • combination of two or more companies in a single firm • an agreement among firms to charge one price for the same good • a market structure in which a few large firms dominate a market • ...
Liberal Economics 2021-01-15
Across
- Policy that controls the central bank rate
- The “trickle-down” president
- Inflationary ________; when the constant need for more wages and higher prices sends inflation out of control
- The kind of liberals that suggest Adam Smith was right all along (or Keanu Reeves in the Matrix...)
- What the Roosevelt’s deal was
- The depression ultimately resulted in America moving in this direction on the economic spectrum
- What really ended the Great Depression
- _______ state: term for the government providing people with unemployment insurance, health care, old age pensions, etc.
- Reagan said economic prosperity is achieved by lowering taxes forthese people
- Depression era agency that built many of the roads and trails in America’s national parks
- Term for one company having total control over consumers" access to a product
Down
- An economist that proposed an alternative Keynes’ ideas
- Something you might join as a worker to be able to force your employer to treat you better
- Super-fast, super-huge inflation
- When you buy stocks on this, you’re borrowing money invest in the market
- You can get a huge one if you are constantly engaging in deficit spending
- Economist that influenced America’s approach to dealing etc. with the Great Depression
- Term that refers to a precipitous drop in the stock market
- Term for a period a negative economic growth
- Policy that controls government spending and taxation
- Depression era US president
21 Clues: Depression era US president • The “trickle-down” president • What the Roosevelt’s deal was • Super-fast, super-huge inflation • What really ended the Great Depression • Policy that controls the central bank rate • Term for a period a negative economic growth • Policy that controls government spending and taxation • An economist that proposed an alternative Keynes’ ideas • ...
9DAS: Economics 2021-05-14
Across
- When the quantity supplied exceeds the quantity demanded
- Individuals who are able to combine all three resources together to assist in the creation of goods and services.
- The willingness and ability to purchase a product
- Made up of many players that interact to direct the production and distribution of goods and services
- A price decrease generally leads to a ______________________ in the market.
- Skills utilised by people including physical exertion and mental talents to produce goods and services
- A system where private individuals or businesses own a majority of capital goods.
- The economic problem that exists due to unlimited wants and needs outweighing the limited resources
- Used as a factor of production to supply goods and services
- Individual markets that are examined in the economy
- A model that allows us to make decisions about limited resources by looking at the pros and cons of the decision
Down
- A product that has the same or a similar function/characteristics
- A product that is used in conjunction with another
- Materials that are not man-made and found in its raw form
- The willingness and ability to produce a product
- The profit or value of something that must be given up to benefit from or achieve something else.
- Where the demand curve intersects the supply curve
- Manufactured or man-made resources used to assist in the creation or delivery of goods and services
- Something that is necessary for survival
- Something that is desired but not necessary for survival
20 Clues: Something that is necessary for survival • The willingness and ability to produce a product • The willingness and ability to purchase a product • A product that is used in conjunction with another • Where the demand curve intersects the supply curve • Individual markets that are examined in the economy • When the quantity supplied exceeds the quantity demanded • ...
economics em 2021-03-23
Across
- something coming from a different county
- something we want
- a type of money a country uses
- goods used to make other goods
- someone who makes goods
- described what's used in a production
- someone who buys goods
- money coming from someone
Down
- an expert at something
- people do everything
- goods that came from nature
- workers of a business
- between a command and a market
- a poor economy
- something you cant live without
- the government controls everything
- not many of something
- something coming out from a country
- when a country limits trades
- a product
- the exchange of something
21 Clues: a product • a poor economy • something we want • people do everything • workers of a business • not many of something • an expert at something • someone who buys goods • someone who makes goods • the exchange of something • money coming from someone • goods that came from nature • when a country limits trades • between a command and a market • a type of money a country uses • ...
Economics terms 2021-09-02
Across
- a person who buys goods and services to satisfy their needs and wants.
- Reasons for working including anything related to financial gain.
- service producers, use their skills, knowledge and effort to provide a service to consumers.
- Someone who sees an opportunity for a new idea and takes on the risk of starting their own business to make a profit from the
- Australia is considered an ‘__________ population’. This means there are more older people than younger people.
- form of unearned income provided by the government for people who have passed the retirement age.
- Being in short supply.
- The study of how people and society use resources to satisfy their needs and wants.
- Owning your own and being your own boss.
- period of life when a person has reached a certain age when they can no longer work fulltime or choose not to work.
- Things or items that are not essential to keeping us alive, but we would still like to have because they help make our life easier or more enjoyable.
Down
- a person or group (such as a business or company) that makes a good or service in order to sell it.
- Work for less than 38 hours a week.
- Work for more than 38 hours a week.
- Reasons for working including anything related to non-financial gain.
- industrial producers, mainly manufacture goods in factories.
- We have limited resources to meet unlimited needs and wants.
- Physical or mental effort directed to doing or making something.
- compulsory way of saving for retirement.
- Things or items that are essential to keeping us alive.
- the oldest producers in any economy. They produce food.
- Large companies look for investors that will give them money in exchange for a ________ of the company.
22 Clues: Being in short supply. • Work for less than 38 hours a week. • Work for more than 38 hours a week. • compulsory way of saving for retirement. • Owning your own and being your own boss. • Things or items that are essential to keeping us alive. • the oldest producers in any economy. They produce food. • industrial producers, mainly manufacture goods in factories. • ...
Economics Vocabulary 2022-04-11
Across
- The reduction of industrial activity or capacity in a region or economy.
- An individual that has an idea and intends to execute on that idea, usually to disrupt the current market with a new product or service.
- A name for a market which is dominated by a few sellers, and therefore has less competition.
- The process of putting a decision or plan into effect; execution.
- An amalgamation or joining of two or more firms into an existing firm or to form a new firm.
- Reduction of the general level of prices in an economy.
- A general increase in prices and fall in the purchasing value of money.
- A system or policy of economic self-sufficiency aimed at removing the need for imports.
- A contract by which property is conveyed to a person for a specified period, usually for rent.
- An efficiency or ease with which an asset or security can be converted into ready cash without affecting its market price.
Down
- A condition or state in which economic forces are balanced.
- A period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP.
- The legal procedure for satisfying claims against a mortgagor in default who has not redeemed the mortgage: satisfaction may be obtained from the proceeds of a forced sale of the property.
- The reduction in value of a fixed asset due to use, obsolescence.
- An increase in the supply of money and credit designed to cause such an increase.
- An economic system (or part of a system) is ripe to be transformed into something else or heading towards decline.
- An official ban on trade or other commercial activity with a particular country.
- The process of items shrinking in size or quantity, or even sometimes reformulating or reducing quality, while their prices remain the same or increase.
- The theory that inflation is caused by an excess quantity of money in an economy.
- Based or operating abroad in places where the tax system is more advantageous than that of the home country.
- Exchange (goods or services) for other goods or services without using money.
- The yearly income earned from an investment. It’s often expressed as a percentage.
22 Clues: Reduction of the general level of prices in an economy. • A condition or state in which economic forces are balanced. • The reduction in value of a fixed asset due to use, obsolescence. • The process of putting a decision or plan into effect; execution. • A general increase in prices and fall in the purchasing value of money. • ...
Economics Crossword 2022-04-27
Across
- The Caribbean Community
- measured as an increase of people's real income; means people become less poor
- a good or service bought in one country that was produced in another.
- A tax levied on an imported good.
- Activities a company undertakes to promote the buying or selling of a product or service.
- the advantages that can sometimes occur as a result of increasing the size of a business.
- a government-imposed trade restriction that limits the number or monetary value of goods that a country can import or export.
- a basic economic concept involving the buying and selling of goods and services
- A direct or indirect payment to individuals or firms, usually in the form of a cash payment from the government.
- economic transactions that are made between countries.
- Action taken by a country whose exports are adversely affected by the raising of tariff .
Down
- trade agreements between countries to help improve trade and trading conditions.
- a product or service produced in one country but sold to a buyer abroad.
- policy of protecting domestic industries against foreign competition.
- One that has business operations in two or more countries
- when a company makes an investment in a foreign country.
- a company that owns or controls production in more than one nation.
- The North American Free Trade Agreement
- a group of countries that have few or no barriers to trade.
- An interdependence of nations around the globe fostered through free trade.
- Measures the monetary value of final goods and services.
- or in exceptional cases the value, of the goods or services that may be exported
22 Clues: The Caribbean Community • A tax levied on an imported good. • The North American Free Trade Agreement • economic transactions that are made between countries. • when a company makes an investment in a foreign country. • Measures the monetary value of final goods and services. • One that has business operations in two or more countries • ...
Economics Crossword 2022-09-21
Across
- A type of economy where a combination of consumers, businesses and government make the decisions (Ex.Canada)
- Things that can not be perceived by touch (ex.copyright)
- Goods that help complete another in some way (ex. ketchup and hamburger buns)
- People who work to produce goods/services in a business (ex.training)
- The production and/or sale of goods and/or services to satisfy the needs, wants, and demands of consumers with a purpose of making a profit
- An expensive item that can be seen/touched but is not necessary for survival (ex.sports car)
- Means through which goods and services are made available to consumers (ex.land)
- An essential item for survival which can be seen and/or touched (ex.food)
- satisfy the same set of goals or preferences (ex.Hamburger and pork)
- To come up with a new unique idea, thought, or production for a new object, device, or process, which a person has not seen or heard of before (ex.light bulb)
- An item which is necessary for survival (ex.water)
- A product/service that consumers no longer want as it is outdated/outmoded or has been replaced by a new/improved product (ex.layer disk)
Down
- Equipment, building, money, which is used to produce goods and services (ex.vehicles)
- Amount of goods/services businesses are willing and able to sell at certain prices
- The amount of goods/services people are willing to buy at certain prices
- Assistance provided which satisfied needs/wants of people/businesses but is not a product that can be touched (ex.babysitting)
- General increase in the price of goods and services over a period of time
- Raw materials we get from earth, water and air (ex.cotton)
- Goods which are used together (ex.phone+data)
- State of the economy where there are large unemployment rates, a decrease in income, and standard of living decreases (ex.Great Depression)
- State of the economy where there is an increase in output, income, employment, prices and profit
- An individual who purchase goods or services (ex.customers)
- People/businesses which buy goods/services (ex.people)
- Goods that are a result of changed conditions, can replace each other in use or consumption (ex.Coke vs Pepsi)
- An individual or business whcih makes a product (ex.McDonalds)
- Using new technology, materials or processes to improve existing products, or on how they are produced and distributed (ex.electric cars)
- An item which is not necessary for survival but adds pleasure/comfort to life (ex.playstation)
- An item which is able to be seen and/or touched (ex.pencil)
28 Clues: Goods which are used together (ex.phone+data) • An item which is necessary for survival (ex.water) • People/businesses which buy goods/services (ex.people) • Things that can not be perceived by touch (ex.copyright) • Raw materials we get from earth, water and air (ex.cotton) • An individual who purchase goods or services (ex.customers) • ...
ECONOMICS - ODD 2022-01-20
Across
- WANTS A VOLLEYBALL TEAM
- PLAYS ICE HOCKEY
- PHOTOGRAPHY
- PIERCED HERSELF
- MEDICAL FIELD
- ENGINEERING JOB
- CAN POP HIS EARS
- CONSCTION WORKER
- THERAPIST
- FIREFIGHTER
- LOVES PINTEREST
Down
- TEACHER
- BROKE ARM
- USED TO BE SCARED OF THE POOL
- INTERACT CLUB, NHS, SCENERY CREW
- NFL
- WANTS TO CHANGE THE DRESS CODE
- NEVER BROKE A BONE
- ZOOKEEPER
- WANTS TO BE A PEDIATRICIAN
- DOESN'T DREAM OF LABOR
- ALMOST FELL OUT OF A CAR
22 Clues: NFL • TEACHER • BROKE ARM • ZOOKEEPER • THERAPIST • PHOTOGRAPHY • FIREFIGHTER • MEDICAL FIELD • PIERCED HERSELF • ENGINEERING JOB • LOVES PINTEREST • PLAYS ICE HOCKEY • CAN POP HIS EARS • CONSCTION WORKER • NEVER BROKE A BONE • DOESN'T DREAM OF LABOR • WANTS A VOLLEYBALL TEAM • ALMOST FELL OUT OF A CAR • WANTS TO BE A PEDIATRICIAN • USED TO BE SCARED OF THE POOL • WANTS TO CHANGE THE DRESS CODE • ...
Economics Kewords 2021-12-16
Across
- All natural resources provided by nature.
- Buying Goods or services from other countries.
- Something that you would like to have but don’t necessarily need.
- The effort to increase production by adding the number of factors of production.
- Goods are distributed directly to consumers by producers.
- Selling goods or services to other countries.
- Amount of money earned by firms from selling goods or services.
- A person who owns and manages a business.
- An activity to make goods or services.
- A stage of production that involves extracting natural resources.
Down
- Human resources
- Man-made resources.
- To deliver goods to consumers.
- The effort to increase production by increasing the efficiency of factors of production.
- Needs which must be fulfilled right at this moment or immediately.
- A condition where people tend to spend all their income.
- To use goods or services.
- Needs that absolutely have to be fulfilled to keep human survive.
- The positive difference between revenue and cost of production.
- A situation when there aren’t enough goods and services to meet human’s needs and wants.
- The value of goods in money.
- Something you must have to stay healthy and safe.
22 Clues: Human resources • Man-made resources. • To use goods or services. • The value of goods in money. • To deliver goods to consumers. • An activity to make goods or services. • All natural resources provided by nature. • A person who owns and manages a business. • Selling goods or services to other countries. • Buying Goods or services from other countries. • ...
Business Economics 2022-10-31
Across
- Coal is an example of __ factors of production
- Type of economy that uses elements of all three
- level of income
- How much something is worth
- Created as a result of process
- of money
- A person who employ workers to producer goods
- The type of money that circulates in different
- Macroeconomics deals with
- Consumer's desire and willingness to pay a price
- Putting money aside to spend on a later date
- Valuable things to pay some goods or service
- The money used to start a business
- A picture or a symbol representing a business
Down
- Action of buying and selling goods and services
- services
- Knowledge about the production, consumption,
- People who buy your product
- Where buyers and sellers interact
- Goods and services sold to other countries
- The study of individual
- The sudden rise in price
- necessary for survival
- good
- Amount of money required to pay for a good or
- The situation that exists when there are not enough resources to meet human wants
- A luxury item
- Reward paid for unskilled labour
- The money paid to the government depending on
- Input factor classified as skilled, semiskilled and unskilled
30 Clues: good • services • of money • A luxury item • level of income • necessary for survival • The study of individual • The sudden rise in price • Macroeconomics deals with • People who buy your product • How much something is worth • Created as a result of process • Reward paid for unskilled labour • Where buyers and sellers interact • The money used to start a business • ...
Micro Economics 2022-11-29
Across
- ideal choice of solution of a firm that would maximize profit
- monopoly that would form as a result of being in a free market
- a free market with no government intervention
- a choice made by taking into account the outcome of the choice and the resource of other firms
- The outcome of a strategic decision.
- a firm that has significant market power which is enough to control price
- difference between what a consumer is willing to pay vs what they are actually paying
- where demand and supply determine the prices of a g/s
- when firms interact repeatidly to increase profits
- where price equals marginal cost
- where marginal cost is equal to marginal revenue
- where one single strategy is best for a firm regardless of what other firms do
- Top 4 firms control less than 40% of the market , limited price control, low barriers to entry, little to no long run profit
Down
- study of the ways in which different choices by competitors
- product characteristics that make products stand out to consumers compared to other goods
- when prices or changes established by a dominant firm are accepted by others
- where firms take into account the reactions of competitors in response to a change in price
- laws that are set to ensure that fair competition exists in an open market
- when sellers charge customers for a g/s at different prices so that they pay the maximum price
- Market with a single firm, only one product, full price control, with very high barriers to entry
- situation in market where firms have some control over price/violates characteristics of perfect competition
- the amount of control that firms have on the course of the market
- where a firm is producing at a lower scale of output than it is designed for
- restrictions made to ensure that goods and services remain affordable
- resources are not allocated efficiently
- Top 4 firms control more than 40% of market , with limited competition, some price control, and profit in the long run
26 Clues: where price equals marginal cost • The outcome of a strategic decision. • resources are not allocated efficiently • a free market with no government intervention • where marginal cost is equal to marginal revenue • when firms interact repeatidly to increase profits • where demand and supply determine the prices of a g/s • ...
Economics final 2021-06-11
Across
- A limit placed on the quantities of a product that can be imported
- What is a fundamental principle of economics which states that at a higher price consumers will demand a lower quantity of a good.
- The idea of limited resources
- The act of trading one thing for another
- A tax on the manufacturing or sale
- Which stock has the highest risk but also the greatest potential for rewards?
- The worth of goods and services are made in a country over time.
- What is the amount of a product offered for a sale at all available prices
- What is a good investment which will increase in value over time
- The next best thing for your time and money
- What is a company that pools money from many investors and invests the money in securities such as stocks, bonds, and short-term debt.
- The tax a corporate pays on its profits
Down
- What is the best way to dramatically reduce the total amount of interest you pay on your home loan?
- What is the maximum amount of money you should spend on housing per month?
- The ups and downs in the GDP overtime
- The tax on the transfer of property when a person dies
- Natural resources not created by people
- What is an economic principle referring to a consumer's desire to purchase goods and services and willingness to pay a price for a specific good or service.
- People choose to leave their job to find a better one.
- A graph that shows the connection between the points, shows the diff amount of products and prices.
- A tax placed on imports to increase their price in the domestic market
- What does GDP stand for?
- what is the number of unemployed people?
- Tools, Machines, Factory, equipment
- States that more will be offered for a sale at a higher price than lower prices.
25 Clues: What does GDP stand for? • The idea of limited resources • A tax on the manufacturing or sale • Tools, Machines, Factory, equipment • The ups and downs in the GDP overtime • Natural resources not created by people • The tax a corporate pays on its profits • The act of trading one thing for another • what is the number of unemployed people? • ...
Economics Vocabulary 2021-05-06
Across
- year-a 12-month period for which an organization plans its expenditures
- sector-the part of the economy that is owned by individuals or businesses
- tax-a tax on the production or sale of a specific good or service
- fee-money charged for the use of a good or service
- assessor-a government official who determines the value of property to be taxed
- budget-a plan for major expenses or investments
- payments-money distributed to individuals who do not provide goods or services in return
- tax-a tax on the assets of a person who has died
- spending-spending that the government must authorize each year
- spending-government spending that is required by current law
- amounts of money put aside for specific purposes
- budget-a plan for day-to-day expenses
- transfer payment from the federal government to state or local governments
Down
- budget-a budget in which total government revenue is equal to total government spending
- tax-a tax on money or property given by one living person to another
- welfare programs with specific requirements
- government-run, national health insurance program mainly for citizens over age 65
- budget-a plan for spending federal tax money
- government-run medical insurance program for low-income people
- duty-a tax on goods imported into the United States
20 Clues: budget-a plan for day-to-day expenses • welfare programs with specific requirements • budget-a plan for spending federal tax money • budget-a plan for major expenses or investments • tax-a tax on the assets of a person who has died • amounts of money put aside for specific purposes • fee-money charged for the use of a good or service • ...
Economics Vocab 2021-04-29
Across
- economists look at the big picture
- outputs such as books and cars
- quality of life based off of possessions of necessities and luxuries
- not enough resources
- used to make goods
- land, water, fish, animals
- comparing the marginal benefit to the marginal cost
- works that produce goods or services
- someone who creates their own business
- resources necessary to produce goods and services
- the total value of all of the goods produced in a country in one year
Down
- theory that explains human economic behavior
- economists look at the small picture
- food, water, shelter
- outputs like haircuts and repairs
- deciding to do one thing or another
- the additional satisfaction after producing additional output
- goods used to make other goods
- entertainment, fun, phone
- the best use of your time and money after you decide to do one thing rather than the other
- the additional cost of producing extra output
21 Clues: used to make goods • food, water, shelter • not enough resources • entertainment, fun, phone • land, water, fish, animals • outputs such as books and cars • goods used to make other goods • outputs like haircuts and repairs • economists look at the big picture • deciding to do one thing or another • economists look at the small picture • works that produce goods or services • ...
Economics Terms 2022-10-20
Across
- the rate of increase in prices over a given period of time
- when a company or business grows so large that the costs per unit increase.
- the average tax rate, or amount of tax paid as a percentage of income, decreases as income increases
- a condition or state in which economic forces are balanced
- a principle of economics that captures the consumer's desire to buy the product or service
- the value or benefit given up by engaging in that activity, relative to engaging in an alternative activity
- a set of actions to control a nation's overall money supply and achieve economic growth
- monetary measure of the market value of all the final goods and services produced and sold in a specific time period by countries.
- the total amount of a given product or service a supplier offers to consumers at a given period and a given price level.
- when a supplier sets a fixed price for a good or service for a certain time period
- a period of increased commercial activity within either a business, market, industry, or economy as a whole
Down
- occurs when securities fall for a sustained period of time
- a significant decline in economic activity spread across the market
- the amount a lender charges a borrower and is a percentage of the principal
- the use of government spending and taxation to influence the economy
- the cost advantages that enterprises obtain due to their scale of operation
- occurs when securities are on the rise
- a tax where the. average tax rate, or the total amount of. tax paid as a percentage of income, increases as the taxpayer's income. increases.
- commodities that the public sector provides free or cheaply because the government wishes to encourage their consumption.
- a good that is both non-excludable and non-rivalrous
20 Clues: occurs when securities are on the rise • a good that is both non-excludable and non-rivalrous • occurs when securities fall for a sustained period of time • the rate of increase in prices over a given period of time • a condition or state in which economic forces are balanced • a significant decline in economic activity spread across the market • ...
Economics Vocabulary 2023-11-08
Across
- When a consumer reacts to a rise in the price and consuming more of a substitute good
- the amoount of money the company receives by selling its good
- a cost of a good that does not change
- Granst an author exclusive rights to publish and sell their creative works
- says that when a goods price is lower, consumer will buy more of it
- Study of econmic behavior in a nations whole economy
- costs that rise or fall depending on the quantity produced
- Shows the relationship between price and quantity
- a table that lists the quantity of a good a consumer will purchase
- the amount of a good or service that is available
Down
- a graphic representation of a demmand schedule
- Study of econmic behavior in small units
- The rewards of penalty that encourages a person to behave a certain way
- GDP
- Arena of exchange
- Gives the inventor of a new product the exclusive right to produce
- a graphic representation of a supply schedule
- The amount of money a business recieves in excess of expenses
- the desire to own something and the ability to pay for it
- Struggle among producers for dollars
20 Clues: GDP • Arena of exchange • Struggle among producers for dollars • a cost of a good that does not change • Study of econmic behavior in small units • a graphic representation of a supply schedule • a graphic representation of a demmand schedule • Shows the relationship between price and quantity • the amount of a good or service that is available • ...
Economics Crossword 2023-12-11
Across
- Unemployment caused by the move from expansion to recession in the business cycle
- Uninterrupted grown of GDP
- Total value of all final goods produced in a country in a specific period of time
- Tangible items that are bought
- People currently working
- All human-made goods used in the production of other goods and services
- Payments to households in the resource market for lending money for capital purchases
- Numbers adjusted for inflation
- Payments to households in the resource market for selling labor
- Tracks the monthly changes in prices
- Market where households are the sellers and firms are the buyers
- All production inputs provided by nature
- Unemployment that occurs as workers move between jobs
- Taking risks and organizing the factors of production to start a business
- People out of work and actively looking for work
- Market where firms are sellers and households are the buyers
- Out of work and not actively looking for work
Down
- The general rise in prices over time
- Number of employed plus the unemployed
- Intangible items that usually involve paying a firm to do something for you
- GDP decreases for two or more quarters
- Payments to households in the resource market to entrepreneurs whose business revenue exceeds costs
- Regular ups and downs of GDP
- The work of employees possessing human capital
- Unemployment that occurs when workers' skills are obsolete or no longer needed
- Tool used to convert between nominal and real GDP
- Payments to households in the resource market for the use of land
- Numbers not adjusted for inflation
- Model that shows how households, businesses, and the government interact with one another in the economy
29 Clues: People currently working • Uninterrupted grown of GDP • Regular ups and downs of GDP • Tangible items that are bought • Numbers adjusted for inflation • Numbers not adjusted for inflation • The general rise in prices over time • Tracks the monthly changes in prices • Number of employed plus the unemployed • GDP decreases for two or more quarters • ...
Economics Vocab 2024-01-11
Across
- The value of the next best alternative that must be forgone in order to pursue a particular action.
- The total value of all goods and services produced by a country in a specific time period.
- A market structure in which a single seller or producer controls the entire supply of a product or service.
- Financial assistance granted by the government to support a business or market.
- A measure of how sensitive the quantity demanded or supplied of a good is to changes in price.
- The knowledge, skills, and other attributes embodied in individuals that contribute to their ability to perform labor and produce economic value.
- The rate at which the general level of prices for goods and services is rising, leading to a decrease in purchasing power.
- The control of the money supply and interest rates by a central bank to achieve economic goals.
- A graphical representation of the relationship between the quantity of a good that buyers are willing to purchase and the price.
- The unintended side effects or consequences of an economic activity that affect other parties.
- The fundamental economic problem of limited resources versus unlimited wants.
Down
- An economic philosophy advocating minimal government intervention in the economy.
- An economic system where the government makes decisions about what, how, and for whom to produce.
- The exchange of goods and services between countries without the imposition of barriers, such as tariffs or quotas.
- An economic system where prices are determined by supply and demand in a free market.
- The efficiency with which input resources are used in the production of goods and services.
- The amount by which government revenue exceeds government spending in a given period.
- The process by which businesses or other organizations develop international influence or start operating on an international scale.
- Demand The relationship between the availability of a good or service and the desire for it.
- The use of government spending and taxation to influence the economy.
- A measure that examines the average change in prices paid by consumers for goods and services over time.
- The amount by which government spending exceeds government revenue in a given period.
- A tax on imported goods, designed to protect domestic industries.
- A situation in which the allocation of goods and services by a free market is not efficient.
- A person who organizes, manages, and takes on the risks of a business.
25 Clues: A tax on imported goods, designed to protect domestic industries. • The use of government spending and taxation to influence the economy. • A person who organizes, manages, and takes on the risks of a business. • The fundamental economic problem of limited resources versus unlimited wants. • ...
Economics Vocab 2023-11-14
Across
- An organization of workers that tries to improve working conditions, wages, and benefits for its members
- Negotiating labor contracts that keep unnecessary workers on the company payroll
- What do Economists define as all nonmilitary people who are employed or unemployed?
- A certificate of ownership in a corporation
- The movement of some of a company's operations, or resources of production, to another country
- Measures that ban mandatory Union membership
- An authorization from local government to operate a business
- Demand of laws
- In a partnership, more than one person contributes what?
- A settlement technique in which a neutral person, the mediator, meets with each side to try to find a solution that both sides will accept
- Bargaining Process in which union and company management meet to negotiate a new labor contract
- A neutral third party listens to both sides and the imposes of a decision
Down
- These workers perform manual labor, often in a manufacturing job and earn an hourly wage
- The ownership structure of a company or firm
- They often choose to pay a share of those profits to stockholders in payments called what?
- An organization work stoppage intended to force an employer to address Union demands
- A business organization owned and operated by a group of individuals for their shared benefit
- They may prohibit sole proprietors from operating business out of their homes
- Companies contract with another company to do a specific job that wold otherwise be done by a company's own workers.
- The legal obligation to pay bills
20 Clues: Demand of laws • The legal obligation to pay bills • A certificate of ownership in a corporation • The ownership structure of a company or firm • Measures that ban mandatory Union membership • In a partnership, more than one person contributes what? • An authorization from local government to operate a business • ...
Economics Crossword 2023-09-20
Across
- Connection between businesses in order to function
- _____ resources are human-made resources used by companies
- food, clothing and shelter are _____
- Rise in general prices and reduced purchasing power
- Increase level of performance or activity in a economy
- Organization or business that creates products are
- Balanced state between supply and demand
- _____ resources are sourced from our environment
- Desire for a product or service at a price
- Ecomomic system which emphasizes individual
- Individual who purchases the goods or services
- Lowest level of performance or activity in a economy
Down
- Decrease level of performance or activity in a economy
- Old economic system of bartering and trading
- decrease in value or gain a lower estimation
- All types of resources combined create _______ resources
- Money earned in a business transaction
- _____ resources are people who work to produce goods or provide services
- Economic system where the government is in control
- soda, steak and television are _____
- physical items which a demand exists
- Quantity of a product available at a given price
- Cost of borrowing money or return on savings
- Assistance that satisfies needs or wants of the consumer
- Increase in value or gain a higher estimation
- Profit, Organization providing services without profit as the primary reason
- Highest level of performance or activity in a economy
- Commercial organization providing goods or services for profit
- System that partially uses each system
- Individual who uses the good or recevies the service
30 Clues: soda, steak and television are _____ • physical items which a demand exists • food, clothing and shelter are _____ • Money earned in a business transaction • System that partially uses each system • Balanced state between supply and demand • Desire for a product or service at a price • Ecomomic system which emphasizes individual • ...
Economics Crossword 2023-10-30
Across
- The physical or financial resources used to produce value in an economy
- Physical work is, an important part of the factors of production
- Ways to compare and contrast the costs and benefits of a product or service
- What you lose by choosing something else over it
- An organisational unit producing goods and services
- Wants, and most needs are unlimited, it is how to satisfy unlimited wants and needs with limited resource
- The inputs needed for creating a good or service, which includes land, labour, enterprise, and capital.
- People always want something more, there is always another product they want to have
- Money paid, for a product or service to satisfy a want or need
- The ability to initiate the production
- Data is used to gauge the health and growth trends of a nation's economy, or of a specific industry sector.
- Same as opportunity cost
- A naturally occurring resource, one of the factors of production
- mixture of public and private enterprises with some intervention from the gov
Down
- Education, training, and quality of equipment with which the labour will use
- The total monetary or market value of all the finished goods and services produced within a country’s borders in a specific time period.
- Goods and services that can be substituted
- Where a customer gives up one thing for another
- A limited number of something
- Age, size, gender, and hours worked
- Wants A product that increases in appeal when the popularity of its compliment increases
- When there is not enough of something
- Wants that are never satisfied and keep recurring
- An economic system that combines private and state enterprises.
24 Clues: Same as opportunity cost • A limited number of something • Age, size, gender, and hours worked • When there is not enough of something • The ability to initiate the production • Goods and services that can be substituted • Where a customer gives up one thing for another • What you lose by choosing something else over it • Wants that are never satisfied and keep recurring • ...
Economics Vocabulary 2024-01-23
Across
- - goods and services
- - the rights of individual to own property with in an economic system
- - a business organization made up of a legal entity owned by individual stockholders
- freedom - the right to make your own economic decisions
- - a business organization owned by two or more people
- - the flow of resources and finished products between businesses and households
- economic system with centrally planed economy and government control
- - a curve that shows alternative ways to use economic resources
- - offering that encourages people to behave in a certain way
- income - rent, wages, interest, and profit
Down
- - using fewer resources than an economy is capable of using
- limited quantities of resources to meet unlimited wants
- expenditure - money spent by households to purchase products
- - economic system with evenly distributed wealth and combined government control and private ownership
- - The market in which households are sellers and businesses are buyers
- - using resources in such a way as to maximize the production of goods and services
- - the market in which businesses are sellers and household are buyers
- - economic cost of choices
- - Land, labor, capital, entrepreneurship
- - economic system with private ownership and very little government intervention
- - the flow of money as income and consumer expenditures between households and businesses
- - the struggle among producers to gain the business of consumers
- - the model showing the flow between households and businesses
- - the sector of the economy that purchases resources and provide products
- - the sector of the economy that provides resources and purchases products
25 Clues: - goods and services • - economic cost of choices • - Land, labor, capital, entrepreneurship • income - rent, wages, interest, and profit • - a business organization owned by two or more people • limited quantities of resources to meet unlimited wants • freedom - the right to make your own economic decisions • - using fewer resources than an economy is capable of using • ...
Economics Vocab 2024-01-23
Across
- - goods and services
- - using resources in such a way as to maximize the production of goods and services
- limited quantities of resources to meet unlimited wants
- economic system with centrally planed economy and government control
- - Land, labor, capital, entrepreneurship
- - economic system with private ownership and very little government intervention
- - economic system with evenly distributed wealth and combined government control and private ownership
- - the flow of money as income and consumer expenditures between households and businesses
- - the flow of resources and finished products between businesses and households
- - using fewer resources than an economy is capable of using
- - the market in which businesses are sellers and household are buyers
- freedom - the right to make your own economic decisions
Down
- - The market in which households are sellers and businesses are buyers
- - the sector of the economy that purchases resources and provide products
- income - rent, wages, interest, and profit
- - a curve that shows alternative ways to use economic resources
- expenditure - money spent by households to purchase products
- - a business organization made up of a legal entity owned by individual stockholders
- - the rights of individual to own property with in an economic system
- - a business organization owned by two or more people
- - offering that encourages people to behave in a certain way
- - the model showing the flow between households and businesses
- - the struggle among producers to gain the business of consumers
- - the sector of the economy that provides resources and purchases products
- - economic cost of choices
25 Clues: - goods and services • - economic cost of choices • - Land, labor, capital, entrepreneurship • income - rent, wages, interest, and profit • - a business organization owned by two or more people • limited quantities of resources to meet unlimited wants • freedom - the right to make your own economic decisions • - using fewer resources than an economy is capable of using • ...
Applied Economics 2024-01-07
Across
- the study of genes and inheritance in a living organisms
- is the capability of a company to sustain or improve its performance in terms of profitability or efficiency when its sales increases
- An activity involving two or more firms, in which each firm tries to get people to buy its own goods in preference to the other firm's goods.
- service indutries or providing essential services support to allow other levels of industry to function
- the idea upon which it is built. business creates its own plan to expand its economic growth
- practices designed to create the long-term economic development of a company or nation while also managing the environmental, social, and cultural aspects of its activities.
- is the image that a business must have of its aims and goals before it sets out to reach them.
- a stage where the business reaches the point for expansion and seeks additional options to generate more profit
- a business is a system in which all parts contribute to the success or failures of the whole business
- making or converting raw materials inro aa usable products through processing and manufacturing.
- is a macroeconomic term that refers to a significant decline in general economic activity in a designated region
Down
- the amount of a lender charges for the use of assets expressed as a percentage of the principal
- A business is the fruit of a higher aim in the mind of the person who concieved it
- people who buy or use goods and services to satisfy their wants.
- It is the value of a country's currency against the currency of other. countries or economic zone.
- is the ability of a business to earn a profit.
- refers to an economic activity that involves collecting, extracting or harvesting natural resources.
- an entity that provides goods and services to another organization. This entity is part of the supply chain of a business, which may provide the bulk of the value contained within its products.
- A business is not part of the owners life, but in fact its own entity.
- a business creates a standard againts which all businesses are mesured againts which all businesses are measured as either succesful or not.
20 Clues: is the ability of a business to earn a profit. • the study of genes and inheritance in a living organisms • people who buy or use goods and services to satisfy their wants. • A business is not part of the owners life, but in fact its own entity. • A business is the fruit of a higher aim in the mind of the person who concieved it • ...
Recap- Economics 2024-01-08
Across
- The portion of disposable income not immediately spent on the consumption of consumer goods and services.
- An economic system without intervention by the government.
- A state when the market demand for a product is equal to its market supply.
- The benefit of the next best alternative foregone is the ---------------- of that decision.
- ---------- refers to human-made resources, including machinery, equipment and factory buildings.
- Goods that have a negative impact on consumer health or welfare. They are likely to be overproduced and consumed in a free market.
- Firms in this sector of an economy provide services.
- A good which demand will fall as disposable income rise.
- ----------- of resources is the central problem in economics.
- The cost of borrowing & the reward for saving.
- A firm may grow in size by employing more labour and capital to increase its scale of production.
Down
- resources are also known as --------- because they are used to produce goods and services.
- Any item that is generally accepted by people and firms as a medium of exchange.
- Studies what influences the economic decisions of consumers, producers and households.
- A merger between two or more firms in different industrial sectors.
- A cost created by an economic activity that is imposed on people or organizations who have no control over the activity.
- The ----------- in a market economy ensures that scarce resources are allocated to their most profitable uses.
- Financial supports or grants provided by a government.
- An organization that represents the interests of workers.
- The willingness and ability to buy a product to satisfy a need or want.
20 Clues: The cost of borrowing & the reward for saving. • Firms in this sector of an economy provide services. • Financial supports or grants provided by a government. • A good which demand will fall as disposable income rise. • An organization that represents the interests of workers. • An economic system without intervention by the government. • ...
Economics Crossword 2024-02-26
Across
- a product or service that consumers see as essentially the same or similar-enough to another product
- an economic theory that predicts how the price of goods and services affects their supply
- table that shows the quantity demanded of a good or service
- the change in output that results from employing an added unit of labor
- a good that experiences an increase in demand due to an increase in a consumer's income
- the static quantity of a good or service when its price changes
- a table that shows the quantity supplied at each price
- the use of population data as a way to study the patterns of behavior among groups of people that impact 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
- a graphical representation of the relationship between the price of a good or service and the quantity demanded for a given period of time
- average fixed cost equals the total variable cost per unit of produced quantity
- the total amount of money that a company earns through the selling of its goods and services, over a time period
- taxes levied on specific goods or services like fuel, tobacco, and alcohol
- 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
- the cost that is required to produce a product
- measures how much the quantity supplied of a good or service changes when there is a price change
- 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
- ongoing expenses incurred from the normal day-to-day of running a business
- a tabulation of the quantity of a good that all consumers in a market will purchase at a given price
- adding an additional factor of production results in smaller increases in output
- takes place when the demand and subsequent sales numbers for a particular product decrease as the result of a price increase
Down
- the degree to which demand responds to a change in an economic factor
- as the price of a good or service increases, the quantity of goods or services increases
- the number of goods or services that suppliers will produce and sell at a given market price
- the quantity purchased varies inversely with price
- describes how an increase in income can change the quantity of goods that consumers will demand
- 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
- an expense that changes in proportion to production output or sales
- 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
- indicators that show us the current trends in the economy
- all variables are the same
- costs that are independent of volume
- rules that limit who can enter a business (entry controls) and what prices they may charge
- a given percentage change in price leads to an equal percentage change in quantity demanded or supplied
- a graph that shows the relationship between price and supply
- 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
- a graph that shows the relationship between price and supply
- An increase in orders and shipments of capital good
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 • ...
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
- the quantity purchased varies inversely with price
- table that shows the quantity demanded of a good or service
- the total amount of money that a company earns through the selling of its goods and services, over a time period
- a graph that shows the relationship between price and supply
- 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 expense that changes in proportion to production output or sales
- a graph that shows the relationship between price and supply
- the change in total production cost that comes from making or producing one
- a product or service that consumers see as essentially the same or similar-enough to another product
- the cost that is required to produce a product
- an item that becomes less desirable as the income of consumers increases
- the static quantity of a good or service when its price changes
- 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
- the use of population data as a way to study the patterns of behavior among groups of people that impact the economy
- an economic theory that predicts how the price of goods and services affects their supply
- indicators that show us the current trends in the economy
- as the price of a good or service increases, the quantity of goods or services increases
- adding an additional factor of production results in smaller increases in output
- a tabulation of the quantity of a good that all consumers in a market will purchase at a given price
- takes place when the demand and subsequent sales numbers for a particular product decrease as the result of a price increase
Down
- taxes levied on specific goods or services like fuel, tobacco, and alcohol
- 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
- all variables are the same
- the change in output that results from employing an added unit of labor
- the increase in revenue that results from the sale of one additional unit of output
- average fixed cost equals the total variable cost per unit of produced quantity
- describes how an increase in income can change the quantity of goods that consumers will demand
- 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
- rules that limit who can enter a business (entry controls) and what prices they may charge
- costs that are independent of volume
- measures how much the quantity supplied of a good or service changes when there is a price change
- a given percentage change in price leads to an equal percentage change in quantity demanded or supplied
- the degree to which demand responds to a change in an economic factor
- a good that adds value to another good when they are consumed together
- ongoing expenses incurred from the normal day-to-day of running a business
- a good that experiences an increase in demand due to an increase in a consumer's income
- 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
- An increase in orders and shipments of capital good
- a table that shows the quantity supplied at each price
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 • ...
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 • ...
Economics Glossary 2020-04-28
Across
- Equipment used to make goods and services
- An economy where people produce only enough goods and services for their own family
- Income flows that are removed from the Circular Flow model. (savings, tax, imports)
- Physical items used by consumer and services for a profit
- Income flows which are added to the Circular Flow of Income model (investment, govt. spending, exports)
- Actions done for consumers by producers
- Ability to combine all resources to make something (plan, recipe, system etc)
- Institution which handles money for households and firms
- Organisations that make goods and services
- Goods and services bought from overseas
- Situation where demand is greater than supply
- Basic necessities for life
- Organization with authority to make decisions for the population
- Payment for use of land
- A system where factors of production are owned by the government
- Goods and services which we desire but don’t need
- Where actions by one party have impacts on another, particularly economically.
Down
- Payment per hour for labour
- That part of earnings not spent
- A system which allows private ownership of the factors of production
- The study of how people use scarce resources to satisfy needs and wants
- A system where all factors of production, distribution and consumption of goods and services are controlled by the government
- Basic units used to make goods and services
- All human effort, both physical and intellectual
- Action of only doing one part of the process
- Financial assistance given to people by the Government
- Money paid at a particular rate for the money lent
- An organization that sells goods
- Final users of goods and services to satisfy their needs and wants
- Purchase of new capital
- Payment earned by entrepreneurs
- All resources provided by nature
- Goods and services sold overseas
- Compulsory government levy
- Payment per year for labour
- Reward for the use of resources
- Place where goods and services are bought and sold.
- Used to pay for goods and services
38 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 • Payment earned by entrepreneurs • Reward for the use of resources • An organization that sells goods • All resources provided by nature • Goods and services sold overseas • ...
Economics Crossword 2016-05-16
Across
- restraining trade between countries through methods such as tariffs on imported goods
- a political theory derived from Karl Marx
- international trade left to its natural course without tariffs, quotas, or other restrictions
- an American economist and statistician best known for his strong belief in free-market capitalism
- broadest quantitative measure of a nation's total economic activity
- an index of the variation in prices paid by typical consumers for retail goods and other items
- hands off government
- bottom point on graph
- everyone is eligible to work
- famous economist born in Vienna, Austria
- an individual retirement account
- measure of what an entity is worth
- currency that a government has declared to be legal tender, but is not backed by a physical commodity
- an increase in the value of one currency in terms of another
- ability to produce a better quality good using the same resources
- policy macroeconomic policy laid down by the central bank
- allows business owners to measure the additional benefits of one production activity versus its costs
- a situation when the price charged is more than or less than the equilibrium price
- use of monetary or fiscal policy changes to kick start a lagging or struggling economy
- known for Wealth of Nations
- measure of average income per person in a country
- complete control over imdustry
- situation in which income exceeds expenditures
- a state of limited competition
- money granted to help an industry
- measurement of "useful-ness" that a consumer obtains from any good
Down
- the system by which the value of a currency was defined in terms of gold
- used by economists to predict future economic activity
- an agreement among the United States, Canada and Mexico designed to remove tariff barriers between the three countries
- policy means by which a government adjusts its spending levels and tax rates to monitor and influence a nation's economy
- also known as the "the Fed"
- measures how efficiently production inputs
- situation when the price charged is more than or less than the equilibrium price
- when the demand for a product or service exceeds its supply in a market
- if countries specialise in producing goods where they have a lower opportunity cost
- government program guaranteeing access to some benefit by members of a specific group and based on established rights or by legislation
- 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
- only global international organization
- an economic system in which private business operates in competition and largely free of state control
- resource that exceeds the portion that is utilized
- advocates that the means of production, distribution, and exchange should be owned or regulated by the community as a whole
- smooth out the effects of expansion and contraction in the business cycle by using fiscal and monetary policy
- the less amount of money allowed to get paid when working
- the amount by which the cost of a country's imports exceeds the value of its exports
- an account that is used to set aside funds to be used in an emergency
- top point on graph
- mass production
- increase of progress
- decline of progress
- low supply
50 Clues: low supply • mass production • top point on graph • decline of progress • hands off government • increase of progress • bottom point on graph • also known as the "the Fed" • known for Wealth of Nations • everyone is eligible to work • complete control over imdustry • a state of limited competition • an individual retirement account • money granted to help an industry • ...
Economics Crossword 2019-08-03
Across
- The more you love this the more I have to pay to part with it
- RBI uses this rate to influence interest rate
- A branded market structure
- A kinky market!
- When this changes you just slide along a demand curve
- You really don't care wherever you are on this thing
- This thief robs your money while leaving g it with you
- As the Beatles said, it's all within you!
- The sight of babies made him sick
- Marx says labour alone creates this
Down
- He blamed inflation on the central bank's printing press
- When this changes you can jump between demand curves
- You maybe an all rounder but focus on this
- Price takers all
- If you don't want to buy from me you can't buy from anyone else
- Marshall said whenever you buy something you get this free
- His hand was invisible
- This made Marx resign from his teaching position
- Keynes says this is good for each one of us but deadly for the economy
- If not forgive you must forget this cost
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 Revision 2019-11-05
Across
- What firms/businesses give households in a flow diagram
- Something that is essential for survival
- The 'C' in factors of production
- Someone who makes a good or service
- The point where demand and supply meet on a graph
- The 'x' flow of income explains how money moves through an economy
- Pricing strategy where you charge $5.95 to make people think it's cheaper
- What you give up by choosing another option
- On a supply and demand graph, what INCREASES as price and quantity increase?
- A customer who always buys goods and services from the same business
- A consumer who only buys things when they are good value for money
Down
- A producer who produces food
- Wants are unlimited, but needs are limited
- The 'E' in factors of production
- A business may try to be 'x' - meaning they care about the people who make their products
- A producer who manufactures good in a factory
- Someone who buys a good or service
- Coles and Woolies banning plastic bags is an example of responding to which consumer demand?
- Pricing strategy where you charge a lot to make it look expensive
- The name for the group that give money to firms/businesses in a flow diagram
- Acronym for Factors of Production
- Something that you don't have to have but desire
22 Clues: A producer who produces food • The 'E' in factors of production • The 'C' in factors of production • Acronym for Factors of Production • Someone who buys a good or service • Someone who makes a good or service • Something that is essential for survival • Wants are unlimited, but needs are limited • What you give up by choosing another option • ...
Economics Crosswrod 2019-05-28
Across
- Demand / A decrease in government spending results in a decrease in _____.
- / general increase in prices over time
- / models strategic interactions of firms in oligopoly markets
- / tax where the proportion of income paid in taxes rises as income rises
- / excess burden caused from not being at the competitive market equilibrium
- / competition that has only one firm that sets prices
- / factor market in which there is a sole firm that has market power
- / an increase in money supply increases the quantity of investment demanded because of a decrease in ____.
- / a grant or contribution used to increase the supply of goods with positive externalities
Down
- / the period of time in which state of the economy declines
- / costs that are not affected by changes in output
- / when the interest rates in a country rise, the value of their ______ increases.
- / loss of funds for private investment caused by government borrowing
- / recurring fluctuations in economic activity consisting of recession and recovery and growth and decline
- / the percentage of the workforce that is unemployed
- / indirect costs included in economic profit
- / minimum price below which the product cannot be sold
- / when actions of a person have an impact on others
- / curve that shows increasing opportunity costs
- / C I G (X – M)
20 Clues: / C I G (X – M) • / general increase in prices over time • / indirect costs included in economic profit • / curve that shows increasing opportunity costs • / costs that are not affected by changes in output • / the percentage of the workforce that is unemployed • / when actions of a person have an impact on others • ...
ECONOMICS TERMINOLOGIES 2020-02-09
Across
- a sustained fall in the price level
- the tendency for people who are insured or otherwise protected to take greater risks
- the price of one currency against a basket of currencies
- confusion over relative prices caused by inflation
- used in the context of international trade, a situation where a country can produce a product at a lower opportunity cost than another country
- a fall in the inflation rate
- industries involved in providing knowledge-based services.
- a low rate of inflation
- someone who does not pay to use a public good
- Adam Smith’s criteria for a ‘good’ tax
- the setting up of production units or the purchase of existing production units in other countries.
- non-cash assets that can be quickly turned into cash
- a tax that is charged as a given percentage of the price
Down
- fluctuations in economic activity over a period of years.
- the income of people and fi rms being pushed into higher tax brackets as a result of infl ation.
- an accumulated stock of assets
- an increase in the international price of a currency caused by market forces
- the automatic way in which the market allows the preferences of consumers to be made known to producers.
- the extent to which the tax burden is borne by the producer or the consumer or both
- used in the context of international trade, a situation where, for a given set of resources, one country can produce more of a particular product than another country
- the total spending on an economy’s goods and services at a given price level in a given time period
- a fall in the exchange rate causing an increase in a current account defi cit before it reduces it due to the time it takes for demand to respond.
- flows of money moved around the world to take advantage of changes in interest rates and exchangerates
- within the balance of payments, a record of the trade in goods, trade in services, investment income and current transfers.
- a ban on imports and/or exports
25 Clues: a low rate of inflation • a fall in the inflation rate • an accumulated stock of assets • a ban on imports and/or exports • a sustained fall in the price level • Adam Smith’s criteria for a ‘good’ tax • someone who does not pay to use a public good • confusion over relative prices caused by inflation • non-cash assets that can be quickly turned into cash • ...
Economics Vocab 2020-10-27
Across
- is a graph that shows how much of a good or service an individual will buy at each price.
- Goods and services that can be used in place of other goods and services to satisfy consumer wants
- is the term used for a change in the amount of a product that a consumer will buy because the purchasing power of his or her income changes—even though the income itself does not change.
- shows the data found in the market demand schedule. In other words, it shows the quantity that all consumers, or the market as a whole, are willing and able to buy at each price.
- are the price of the resources needed to produce a good or service.
- is a graph that shows how much of a good or service an individual producer is willing and able to offer for sale at each price.
- are expenses that the owners of a business must incur whether they produce nothing, a little, or a lot.
- are goods that consumers demand less of when their incomes rise.
- The desire to have a good or service and the ability to pay for it.
- the act of controlling business behavior through a set of rules or laws, can also affect supply.
- are business costs that vary as the level of production output changes.
- states that producers are willing to sell more of a good or service at a higher price than they are at a lower price.
- is the added revenue per unit of output, or the money made from each additional unit sold
- of production by adding fixed and variable costs together.
Down
- is the pattern of behavior that occurs when consumers react to a change in the price of a good or service by buying a substitute product— one whose price has not changed and that offers a better relative value.
- which states that the marginal benefit from using each additional unit of a good or service during a given time period tends to decline as each is used.
- When the use of one product increases the use of another product, the two products
- States that when the price of a good or service falls, consumers buy more of it
- is a tax on the production or sale of a specific good or service.
- shows the data from the market supply schedule.
- when a change in price, either up or down, leads to a relatively larger change in the quantity demanded.
- This level of output is reached when the marginal cost and the marginal revenue are equal
- is the income a business receives from selling a product. It can be expressed by the formula Total Revenue = P Q, where P is the price of the product and Q is the quantity purchased at that price.
- are goods that consumers demand more of when their incomes rise.
- refers to the willingness and ability of producers to offer goods and services for sale.
- when a change in price leads to a relatively smaller change in the quantity demanded.
- cost: or the additional cost of producing one more unit of their product.
27 Clues: shows the data from the market supply schedule. • of production by adding fixed and variable costs together. • are goods that consumers demand less of when their incomes rise. • are goods that consumers demand more of when their incomes rise. • is a tax on the production or sale of a specific good or service. • ...
Economics Crossword 2020-04-30
Across
- A system where factors of production are owned by the government
- Organisation with authority to make decisions for the population
- The study of how people use scarce resources to satisfy needs and wants
- Complex group of firms in many countries each producing a component of a final product.
- The cost of the next-best alternative opportunity
- A system which allows private ownership of the factors of production
- A system where all factors of production, distribution and consumption of goods and services are controlled by the government
- Income flows which are added to the Circular Flow of Income model (investment, govt. spending, exports)
- An economy where people produce only enough goods and services for their own family
Down
- Where actions by one party have impacts on another, particularly economically.
- Situation where demand is greater than supply
- Compulsory government levy
- A company that operates in many countries with independent headquarters in each.(McDonalds)
- Raw materials used to make goods and services (land, labour, capital & enterprise)
- A company which operates in several countries with its headquarters in the parent country. (Apple)
- Income flows that are removed from the Circular Flow model. (savings, tax, imports)
- Financial assistance given to people by the Government
- Place where goods and services are bought and sold (Coles, Seek.com, Fremantle markets) Same as Market
- Place where goods and services are bought and sold.
- Place where factors of production are bought and sold.
20 Clues: Compulsory government levy • Situation where demand is greater than supply • The cost of the next-best alternative opportunity • Place where goods and services are bought and sold. • Financial assistance given to people by the Government • Place where factors of production are bought and sold. • A system where factors of production are owned by the government • ...
HEALTH ECONOMICS 2024-09-01
Across
- are provided in numerous ways and are an intangible activity
- is considered the father of macroeconomics.
- which literally means "management of a household
- a single purchaser in a market that has few or many sellers
- study or science
- is a systematic study of the state and government
- is whatever people make to help them make other things
- It deals with the behavior of the economy as a whole
- was considered the father of modern economics for his treatise An Inquiry into the Nature an Causes of the Wealth of Nations
- have a desire to possess or do; wish for.
- group of people
- is the scientific study of the human behavior.
- when there is not enough of it to satisfy human wants
- markets dominated by few firms
- Originated in France and were most popular during the second half of the 18th century
Down
- examined wealth accumulation
- is the process of reasoning from general to particular
- is the study of theproper allocation
- It is an economic analysis that explains what happens in the economy
- that various inputs are substitutable for one another in the production of nursing care
- the study of human societies and cultures and their development.
- comes from ground such as oil, gold, wheat
- portrayed as exploitative and alienating.
- It is the crucial determinant of how the overall economy performs.
- ground used to build structures
- deals with the behavior of individual components
- is the study of the society or groups
- is a social science that focuses on the study of past events.
- is the general category of the human effort that is used for the production of goods and services
- economics is concerned with what should be.
30 Clues: group of people • study or science • examined wealth accumulation • markets dominated by few firms • ground used to build structures • is the study of theproper allocation • is the study of the society or groups • portrayed as exploitative and alienating. • have a desire to possess or do; wish for. • comes from ground such as oil, gold, wheat • ...
Economics Crossword 2024-04-29
Across
- a measure of the way quantity supplied reacts to a change in price
- a level of production in which the marginal product of labor increases as the number of workers increase
- total cost divided by quantity produced
- graph of the quantity supplied of a good at different prices
- addtitional income from selling one more good
- amound that a supplier is willing and able to supply at a specific price
- cost that rises and falls
- desire to own something and the ability to pay for it
- table that lists the quantity of a good all consumers in a market will buy at various prices
- total amount of money a company recieves by selling a good or service
- sum of fixed costs plus variable cost
- the statistical characteristics of population and population segments especially when used to identify consumer markets
- good that are used in replace of another
- a factor that can change
- a good consumers demand more of when their incomes increase
- cost of operating a facility
Down
- consumers buy more of a good when its lower and less when its higher
- government intervention in a good market that affects the production of a good
- the cost of producing one extra good
- graph of the quantity supplied of a good by all suppliers at different prices
- a chart that lists how much of a good all suppliers will offer at various prices
- when consumers react to an increase in a good and more of a substitute good
- two good that are bought and used together
- cost that does not change
- table that lists the quantity of a good all consumers in a market will buy
- a good that consumers demand less of when thier incomes increase
- the change in consumption that results when a price increases
- demand that is not very sensitive to price changes
- graphic representation of a demand schedule
- the change in output from hiring one additional unit
- producers offer more of a good as its price increases and less as its price falls
- measure of how consumers respond to price changes
32 Clues: a factor that can change • cost that does not change • cost that rises and falls • cost of operating a facility • the cost of producing one extra good • sum of fixed costs plus variable cost • total cost divided by quantity produced • good that are used in replace of another • two good that are bought and used together • graphic representation of a demand schedule • ...
Economics Crossword 2024-04-22
25 Clues: claim • cobra • policy • perdiem • premium • benefits • coverage • Insurance • inpatient • deduction • uninsured • negligence • Deductible • enrollment • telehealth • coinsurance • beneficiary • contribution • personalrisk • compensation • prescription • policyholder • liabilityrisk • outofpocketmaximum • flexiblespendingaccount
COMPARATIVE ECONOMICS 2024-03-14
Across
- the total market value of all final goods and services produced in a country in a given period of time
- term for the condition where there are not enough resources to produce all the goods and services that people want
- the market structure characterized by a large number of firms producing differentiated products
- term for the cost of giving up the next best alternative when making a decision
- study of how individuals, households, and firms make decisions and interact in markets
- term for the way in which a market system allocates resources and distributes goods and services
- term for the money left over after all expenses have been paid
- French demographer, sociologist, and economist known for coining the term "Third World" to describe developing countries and for his work on regional development
- typE of economic system relies on private ownership of property and the means of production
- a period of declining economic activity spread across the economy, lasting more than a few months
- measure of the average level of prices of goods and services in the economy
Down
- total value of goods and services produced within a country's borders in a specific time period
- economic term for the division of labor into specialized tasks
- geopolitical tension and rivalry between the United States and its allies, and the Soviet Union and its allies, from the end of World War II to the early 1990s
- total output of goods and services produced in an economy in a given period of time
- graphical representation illustrates income distribution within a population, showing the cumulative share of income received by the cumulative percentage of recipients
- type of market structure is characterized by a single seller with no close substitutes
- study of the overall aspects and workings of an economy, such as inflation, unemployment, and economic growth
- refers to the coalition of countries, primarily led by the United States and its NATO allies, during the Cold War era
- meaning "all other things being equal," is often used in economics to isolate the effect of a single variable
- an advantage that refers to the condition where a country can produce a good at a lower opportunity cost than another country
- it is the measure of how responsive quantity demanded is to a change in price
22 Clues: economic term for the division of labor into specialized tasks • term for the money left over after all expenses have been paid • measure of the average level of prices of goods and services in the economy • it is the measure of how responsive quantity demanded is to a change in price • ...
Economics Revision 2024-04-16
Across
- collection of assets
- cost that depends on output produced
- market failure
- singe firm in the market
- study of firms, households and consumer
- pressure group
- total cost of production
- cost hidden cost
- times quantity
Down
- one of the factors of production
- goods goods provide by the govt
- bank bank that offers a range of accounts to businesses and individuals
- market clearing price
- medium of exchange
- items produced by the factors of production
- cost that does not change
- sentiveness to price changes
- goods that are bought together (petrol and car)
- goods alternatives
- study of government, central bank and policy
- many firms
- bank governments bank
22 Clues: many firms • market failure • pressure group • times quantity • cost hidden cost • medium of exchange • goods alternatives • collection of assets • market clearing price • bank governments bank • singe firm in the market • total cost of production • cost that does not change • sentiveness to price changes • goods goods provide by the govt • one of the factors of production • ...
APPLIED ECONOMICS 2024-04-24
Across
- Excess supply in the market.
- Income that comes from the ownership of land.
- Goods - are goods and services that vary inversely with income.
- The limited availability of a resource, good, or service.
- Because there is scarcity, people have to choose which wants to satisfy first.
- Are compulsory contributions to the government.
- Refers to an increase in the average price levels of an economy’s basket of goods over a period of time.
- GDP - Refers to the value of the gross domestic product that is not adjusted for inflation.
- Factors - These are positive aspects that attract people to move to another region or location.
- A type of economic system that takes the best characteristics from each of the other three systems.
- Excess demand in the market.
- Debt - Big loans promote inflation and if inflation is high, the debt will be serviced and eventually paid off with cheaper actual dollars.
- Is the order of an individual's choices and alternatives based on their relative utility (satisfaction).
- Goods that are demanded or consumed in place of another good.
- Looks at aggregates and larger economic agents.
- Income generated by firms operating in the country.
- Are people who leave one country or region to settle in another.
- Increase in the value of capital goods.
- Can complement or replace existing labor.
- Goods - These are goods where the demand is independent of the price of other goods.
- GDP - Focuses on the value of goods and services produced in a given time period with constant prices.
Down
- Factors - These are negative reasons that cause people to leave their homes.
- Are special grants by the government in financial aid, tax exemptions, or privileges.
- Cost - The value of the next best alternative.
- Spending by firms and households on capital and long-term goods.
- Refers to the investments made to improve production
- Goods that are demanded or consumed along with other goods.
- Goods - The housing and rental spaces are.
- It is the curve that shows the change in quantity given in price
- Purchase of goods by individuals and households.
- Enter and settle in a foreign country or region, leaving a past.
- Are people who, because of a problem in their former home, have immigrated to a new country or region.
- Focuses on individuals and smaller economic agents.
- The satisfaction or usefulness the consumption of a good can bring.
- Opportunity costs of engaging in leisure.
- Growth - The increase in real gross domestic product or GDP.
- Rate - the price of every unit of a foreign currency valued in the domestic currency.
- It is caused by non-price determinants or factors.
- This is where buyers and sellers meet to exchange goods and services.
- A type of economic system that answers economic questions through the honoring of tradition and established trends.
- Refers to resources that can be attributed to the land or the sea.
- Refers to the tangible human element in the production process
42 Clues: Excess supply in the market. • Excess demand in the market. • Increase in the value of capital goods. • Opportunity costs of engaging in leisure. • Can complement or replace existing labor. • Goods - The housing and rental spaces are. • Income that comes from the ownership of land. • Cost - The value of the next best alternative. • ...
HEALTH ECONOMICS 2024-09-14
Across
- - A set of principles or plans guiding healthcare decisions.
- - The economic system where healthcare services and products are bought and sold.
- - The management of money in healthcare, including budgeting and payments.
- - A disagreement, especially in healthcare negotiations.
- - The system of wealth and resources affecting healthcare funding.
- - Availability of healthcare resources like medication and equipment.
- - Medical care given to patients to manage a condition.
- - A person or institution delivering healthcare services.
- - Variety in healthcare workforce or population served.
- - Related to government-provided or supported healthcare.
- - An estimate of income and expenditure for healthcare services.
- - The act of overseeing healthcare services and resources.
- - The ability to receive healthcare services.
Down
- - A benefit or reward used to encourage specific behaviors in healthcare.
- - Investigating healthcare problems to find solutions or improvements.
- - Individuals or groups with an interest in health policy outcomes.
- - Health services designed to prevent illness or injury.
- - Using healthcare resources in a way that maximizes benefits while minimizing costs.
- - A financial product providing coverage for health-related costs.
- - The amount of money required to access healthcare services.
- - The results of healthcare interventions.
- - A disorder affecting health.
- - Confidence in the quality or integrity of healthcare services.
- - Desire for healthcare services in the market.
- - Information collected to analyze healthcare trends and effectiveness.
- - A facility providing health care services and treatment.
- - Fair and just access to healthcare services for all.
- - State of complete physical, mental, and social well-being.
28 Clues: - A disorder affecting health. • - The results of healthcare interventions. • - The ability to receive healthcare services. • - Desire for healthcare services in the market. • - Fair and just access to healthcare services for all. • - Medical care given to patients to manage a condition. • - Variety in healthcare workforce or population served. • ...
HEALTH ECONOMICS 2024-09-14
Across
- Chain - The network involved in producing and distributing healthcare goods.
- - The optimal use of resources to deliver healthcare.
- - The ability to use or obtain healthcare.
- - Financial assets or resources for healthcare systems.
- - Plans or decisions guiding healthcare practices.
- - Actions taken to prevent illness or injury.
- - The ability to reach or use healthcare services.
- - The result of healthcare interventions and services.
- - Fair and impartial healthcare access for all.
- - New methods, ideas, or products in healthcare.
- - The ability to maintain healthcare services long term.
- - Systematic investigation into health issues and solutions.
- - The care provided to manage or cure health conditions.
- - The desire or need for healthcare services.
Down
- - Something that encourages specific behavior in healthcare.
- - A comparison of the benefits and costs of health interventions.
- - Financial planning for healthcare services.
- - The management of money within healthcare.
- - The availability of health resources like medication and staff.
- Health - International health issues and challenges.
- - Financial protection covering health-related expenses.
- - Related to government-supported healthcare.
- - The economic system for buying and selling healthcare services.
- - A person or institution that delivers medical services.
- - Individuals or groups with an interest in healthcare outcomes.
- - The financial requirement for healthcare services.
- - Information gathered to make healthcare decisions.
- - Variety within healthcare workforce or population served.
- - The wealth and resources of a country affecting healthcare.
- - Moral principles guiding healthcare decisions.
30 Clues: - The ability to use or obtain healthcare. • - The management of money within healthcare. • - Financial planning for healthcare services. • - Related to government-supported healthcare. • - 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
- Chain - The network involved in producing and distributing healthcare goods.
- - The optimal use of resources to deliver healthcare.
- - The ability to use or obtain healthcare.
- - Financial assets or resources for healthcare systems.
- - Plans or decisions guiding healthcare practices.
- - Actions taken to prevent illness or injury.
- - The ability to reach or use healthcare services.
- - The result of healthcare interventions and services.
- - Fair and impartial healthcare access for all.
- - New methods, ideas, or products in healthcare.
- - The ability to maintain healthcare services long term.
- - Systematic investigation into health issues and solutions.
- - The care provided to manage or cure health conditions.
- - The desire or need for healthcare services.
Down
- - Something that encourages specific behavior in healthcare.
- - A comparison of the benefits and costs of health interventions.
- - Financial planning for healthcare services.
- - The management of money within healthcare.
- - The availability of health resources like medication and staff.
- Health - International health issues and challenges.
- - Financial protection covering health-related expenses.
- - Related to government-supported healthcare.
- - The economic system for buying and selling healthcare services.
- - A person or institution that delivers medical services.
- - Individuals or groups with an interest in healthcare outcomes.
- - The financial requirement for healthcare services.
- - Information gathered to make healthcare decisions.
- - Variety within healthcare workforce or population served.
- - The wealth and resources of a country affecting healthcare.
- - Moral principles guiding healthcare decisions.
30 Clues: - The ability to use or obtain healthcare. • - The management of money within healthcare. • - Financial planning for healthcare services. • - Related to government-supported healthcare. • - Actions taken to prevent illness or injury. • - The desire or need for healthcare services. • - Fair and impartial healthcare access for all. • ...
HEALTH ECONOMICS 2024-09-12
Across
- when there is not enough resources to satisfy human wants
- management of a household
- the knowledge, skills, and attitudes that humans possess that allow them to produce
- primary element in deciding what to produce and how to go about the production process
- are tangible, something that can be seen or touched
- essential for human survival
- the one who brings together all the resources of land, labor, and capital
- study of the society or groups
- study of past events
- general category of the human effort that is used for the production of goods and services
- often called factors of production
- deemed as "Government of Nature"
- studies the biological, psychological, social, and cultural aspects of human life
- used the idea of diminishing returns to explain low living standards
- considered as the father of macroeconomics.
Down
- deals with care of sickness, promotion, maintenance and improvement of health.
- deals with the behavior of the economy as a whole
- rebuked the capitalist system
- father of modern economics
- provided in numerous ways and are an intangible activity
- all four of the decisions must be made
- "Money matters, and it matters a lot.”
- states that the greater the demand, the more that will be supplied; the lower the demand, the less that will be supplied.
- systematic study of the state and government
- study of the proper allocation and efficient use of scarce resources
- describes the ground
- individuals give up an opportunity to use or enjoy something in order to select something else
- states that the higher the price, the lower the demand; the lower the price, the higher the demand
- scientific study of the human behavior
- goods that give more satisfaction
30 Clues: describes the ground • study of past events • management of a household • father of modern economics • essential for human survival • rebuked the capitalist system • study of the society or groups • deemed as "Government of Nature" • goods that give more satisfaction • often called factors of production • all four of the decisions must be made • ...
Economics Puzzle 2024-06-07
Across
- Human effort in production
- Factors used in producing goods and services
- Benefit Comparing the cost to the benefit
- Spotify, Netflix, and Apple Music are examples of...
- Starting and creating a business
- When a sum of money is too small
- Financial resources
- Physical and organizational structures needed for the operation of a society
- One who creates goods and services
- Discouraged from doing something
- Responsible for leading a company
Down
- The study of how society chooses to use scarce resources to satisfy unlimited wants and needs
- Motivates to act
- Cost Trade-off
- Not enough (limited)resources across
- Increases in general prices
- opportunity costs
- People who purchase goods and services
- Factors of production
- One who engages in buying and selling
20 Clues: Cost Trade-off • Motivates to act • opportunity costs • Financial resources • Factors of production • Human effort in production • Increases in general prices • Starting and creating a business • When a sum of money is too small • Discouraged from doing something • Responsible for leading a company • One who creates goods and services • Not enough (limited)resources across • ...
Applied Economics 2024-09-29
Across
- The act of selecting one option from a set of alternatives, often based on preferences, needs, and available resources.
- The amount of money earned by individuals or households.
- The tools, equipment, machinery, and infrastructure used in production. It includes both physical capital (factories, computers) and human capital (education, skills).
- uneven distribution of income within a society, where some individuals and households have significantly higher incomes than others.
- Goods or services that are often consumed together.
- growth that benefits all members of society, especially those who are typically excluded or disadvantaged.
- The difference between total revenue and total costs, representing the financial gain earned by a business.
- The increase in the production of goods and services in an economy over time, usually measured as the percentage change in GDP.
- The satisfaction or benefit that a consumer derives from consuming a good or service.
- The human effort and skills used in the production of goods and services.
- An economic system where the government controls all aspects of production, distribution, and pricing.
- The payment made for the use of land or property.
- A government-imposed minimum price that can be charged for a good or service.
- The perspective of the economy as a whole, encompassing national or global economic trends and factors.
- An economic system where prices and production are determined by the forces of supply and demand, with minimal government intervention.
- Dishonest or fraudulent conduct by those in positions of power, often for personal gain.
- An economic system where the means of production are owned and controlled by the state or collectively by the people.
- Goods or services that can be used in place of each other.
- A movement of the entire demand or supply curve to the left or right.
- 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.
- Consumer preferences for goods and services.
- In economics, land refers to all natural resources used in production, including raw materials, minerals, and land itself.
- Power The ability of suppliers to influence the terms of trade in their favor.
- A graphical representation of the relationship between the price of a good or service and the quantity supplied at each price point.
- The point where the quantity demanded of a good or service equals the quantity supplied, resulting in a stable price.
- 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 combining land, labor, and capital to create new businesses and products, taking risks and innovating.
Down
- The payment received by workers for their labor, typically expressed as an hourly rate or annual salary.
- An upward movement along the demand or supply curve, indicating a higher quantity demanded or supplied at a higher price.
- A graphical representation of the relationship between the price of a good or service and the quantity demanded at each price point.
- The act of using goods and services to satisfy wants and needs.
- The amount of a good or service that consumers are willing and able to purchase at a given price.
- The value of the best alternative forgone when making a choice. It represents the potential benefits missed by choosing one option over another.
- The way in which national income is divided among different individuals and households within an economy.
- The state of being extremely poor, lacking basic necessities like food, shelter, and healthcare.
- A political and economic ideology that advocates for a classless society where the means of production are owned and controlled by the stat
- The principle that, all other factors being equal, as the price of a good or service increases, the quantity demanded decreases.
- A government-imposed maximum price that can be charged for a good or service.
- The study of how individuals, businesses, and governments make choices about how to allocate scarce resources to satisfy their unlimited wants and needs
- The state of being equal in terms of rights, opportunities, and treatment.
- 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 perspective of individual consumers, businesses, or specific markets within the broader economy.
- A method of calculating GDP by adding up all the incomes earned in an economy, including wages, salaries, profits, and rents.
- The set of rules, institutions, and mechanisms that govern the production, distribution, and consumption
- The branch of economics that studies the behavior of the economy as a whole, including topics like inflation, unemployment, economic growth, and government policies.
- A situation where a small percentage of the labor force is unemployed, indicating a healthy and active economy.
- price at which the quantity demanded of a good or service equals the quantity supplied.
- Fairness and justice in the distribution of resources and opportunities.
- A situation where the quantity demanded of a good or service exceeds the quantity supplied, leading to higher prices and potential rationing.
- A situation where the quantity supplied of a good or service exceeds the quantity demanded, leading to lower prices and potential waste.
- The cost of borrowing money, typically expressed as a percentage of the principal amount.
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. • ...
APPLIED ECONOMICS 2024-09-30
Across
- the amount of labour that employers seek to hire during a given time period
- anything that gives its owner value or advantage
- it is caused non price determinants of factors
- products that have no connection or relationship to each other and do not affect each other in any way
- directly related to the demand and supply of labor in a labor market
- the highest price at which a good or service can be sold
- the ability to set the sales price for commodity-based end items using the market replacement cost of the main ingredient
- is when labor supply is greater than labor demand
- when comparing a certain economic metric to a population
- As the price of goods and services increases,the quantity supplied also increase
- people forced to flee their own country and seek safety in another country
- or resistant to a decline or increase
- when an individual who is not employed and is seeking employment, cannot find work
- excess supply in the market
- a paid mutual work arrangement recruiter and employee
- the total amount of money—cash
- a situation where the desire for a product or service exceeds the available supply.
- money received, especially on a regular basis, for work or through investments.
- when there is no shortage or surplus of a product in the market.
- are products that are not considered to be basic needs
- is when labor demand is greater than labor supply
- refers to the supply of and demand for labor.
- the demand for a good or service is greater than the availability of the good or service.
- an economic ideology that advocates for a classless society
- the rate of increase in prices over a given period of time.
- are pricefloor for labor
- determine how much home-buyers are charged to borrow and buy a property,
- studies the decisions of individuals and firms to allocate resources
- is the amount of labor employers seek to hire
- when an individual who has an idea acts on that idea, usually to disrupt the current market with a new product or service.
- citizenship who reside in another country for a limited period of employment.
- an approach to growth and human development
- an asset or item acquired to generate income or gain appreciation.
- can complement or replace existing labor
- occurs when market supply equals market demand
- the financial benefit realized when revenue generated from a business activity exceeds the expenses.
- a mandatory payment or charge collected
- a table that shows the quantity demanded at each price
- a person or organization that provides something needed such as a product or service.
- setting tax rates, setting interest rates, and government expenditures.
- the use of goods and services by a household.
- is any agreement that's legally enforceable
- a person who leaves their own country in order to settle permanently in another.
- To combat demand-pull and cost-push inflation"
Down
- a basic good traded in large volumes and interchangeable with other goods
- goods used to produce a product or service to be sold to consumers
- relating to the work done or those who work in an office or other professional environment.
- payment from a debtor or deposit-
- occurs when overall prices increase due to increases in the cost of wages and raw materials
- goods whose demand decreases with an increase in income.
- workers who perform manual labor
- occurs when the quantity demanded is greater than the quantity supplied at the market price
- when people are required to have more education
- a table that shows the quantity supplied at each price.
- limited government intervention
- an organisational unit producing goods or services
- a person who comes to a country to take up permanent residence
- wealth of naton
- the quantity demanded of a good shows an inverse relationship with the price of a good
- a system in which a central governmental authority sets permitted levels of production
- visual representations of information
- is often thought of as an economic system in which private actors own and control property in accord with their interests,
- As the price of goods and services increases,the quantity demanded also decrease
- materials, basic resources, agricultural, or mining products
- This is the property of an individual.
- product or service that consumers see as essentially the same or similar-enough to another product.
- a form of inflation.
- a field of economics that investigates economic phenomena over time
- amount of money that is regularly paid to them for the work that they do.
- organizations that produce goods and services
- the general decline in the price level of goods and services
- work, especially hard physical work.
- when you choose one thing which causes you to have to give up, or sacrifice, another.
- is the amount of labor offered for hire
- an increase in the size of a country's economy over a period of time.
- expectation about the products future price
- is critical to ensuring that your interests are protected as much as possible
- a movement meant to protect the Earth's ecosystems.
- a tax on sales
- embodies the principle that wealth creation
- focuses on the performance of economies
- when there are more producers,the overall supply increases
- a tax charged on the annual income of an individual
- a tax or duty to be paid on a particular class.
- along the curve shows the change in quantity
- the state of being equal, especially in status, rights and opportunities.
- a simplified description of reality, designed to yield hypotheses about economic behavior that can be tested
- order alternatives -based w/their utility
- an item that is produced for direct use by the end consumers
- the money returned to company investors after all debts are paid and assets liquidated
90 Clues: a tax on sales • wealth of naton • a form of inflation. • are pricefloor for labor • excess supply in the market • the total amount of money—cash • limited government intervention • workers who perform manual labor • payment from a debtor or deposit- • work, especially hard physical work. • or resistant to a decline or increase • visual representations of information • ...
Applied economics 2024-10-01
Across
- when the central bank manage the nations currency against foreign currency
- it shows the negative relationship between wage rate and labor quantity.
- are workers who engage in hard manual labor
- the government spends more on
- expectation for a future price increase will influence the demand for goods and services .
- is the number of units that a seller is willing to produce at any given price
- are people who because of a problem in their former home
- enter ad settle in a foreign country or region leaving a past home
- are negative reasons that cause people to leave their homes
- are special Grands by the government in financial aid tax exemption or privilege
- are products that serve as important needs for consumer's lives and survival.
- the satisfaction decrease
- higher cost means lower profits and produce will supply less at any given price
- downward sloping
- the point where the quantity demanded is equal to the guantity supplied
- from foreign sources to make up the deficit.
- as the prices of Goods and service increase the QS also increase
- below equilibrium price
- Big loans promote inflation and if inflation is high.
- above the equilibrium
- additional cost from a unit of an action
- It is a major component of every economy in commodities and services market.
- fix exchange rate system helps the government support
- the bangko sentral ng pilipinas uses a floating exchange rate
- is the guantity demand and guantity supplied at equilibrium
- opportunity cost of engaging in leisure.
- Amount of labor offered for hire wghin a given period
- trade the ration of export rates and import price
- Are commercially- availability goods and services that are compatible with other commodities.
- along the curve shows the change in quantity given a price change
- willing to sell
- are known as suit and tie workers
- lower than equilibrium market price
Down
- as price increase guantity supplied increase
- large quantities by speculation with the intent of benefiting from future increase
- trade than it receives and that it borrows
- that are demanded or consumed along with other goods
- are positive aspects that attract people to move to another region or location
- are goods and services that very inversely with income
- is an average spike in the price commodities due to an increase in income.
- arrangement where the employee will provide services for the employer, and the service shall be compensated
- and demand schedule is the table relationship between the price and quantity demanded
- are compulsory contribution to the government
- the exercise of demand and the demand shock income
- state of imbalance
- any improvement in technology or techniques in production enable firms to produce more
- of demand for goods increase as income in creases
- demand can also depend on buyers characteristics
- its buying capacity grow Compared to another currencies
- the boundary of the price of the commodity in the market
- price control of the government manebated and set the minimum amount of seller can change for goods
- that are demanded or consumed in place of another good
- loses producer gain consumer
- the amount of labor that is being Hired at the equilibrium wage is called?
- the examination of the additional benefits of an activity compares to the additional cost
- global investors search for prosperous countries with high economic results to spend their money
- occurs when people are in between jobs or,if they do not have work,are actively seeking it.
- the point at which labor demand and labor supply vonverge and intersect.
- marketing clearing price
- willing to buy
- are goods where the demand is independent of the price of another goods
- order the alternative of relative utility
- greater than equilibrium market price
- are products that are not considered to be basic necessities but are necessary to consumers.
- The amount of labor that employers wish to hireat a given time illustrated by the labor demand curve.
- is the price of every unit of a foreign currency value in the domestic currency
- greater than equilibrium market price
- as the price of goods and services increase the QS also increases
- are people who leave one country or ragion to settle another
- lower than equilibrium market price
- all quantities supplied at different price level
71 Clues: willing to buy • willing to sell • downward sloping • state of imbalance • above the equilibrium • below equilibrium price • marketing clearing price • the satisfaction decrease • loses producer gain consumer • the government spends more on • are known as suit and tie workers • lower than equilibrium market price • lower than equilibrium market price • ...
Applied economics 2024-10-02
Across
- Employment:It is a crucial factor in determining individual and household.
- Migration: refers to the movement of people from one place to another.
- Supply: The willingness and ability of producers.
- Remittances: are payments sent by migrants to their families and communities.
- Pull Factors:conditions or opportunities that attract people to new destinations.
- Immigrants: are individuals who arrive in a new country to live permanently.
- inflation:refers to a persistent.
- Tax: It is a major source of revenue for governments.
- Price Floor: They can lead to surpluses and inefficiencies.
- Wages: The price of labor, influenced by supply and demand.
- Price Control: This can include price ceilings, price floors, or other measures.
- Cost: The additional cost of producing one more unit of output.
- Micro Level: economics focuses on individual economic decisions.
- Basic Commodities: are essential goods and services that are necessary.
- Surplus: maximum price a consumer.
- Sales tax: It is typically collected by retailers and remitted to the government.
- Emigrants: are individuals who leave their home countries.
- a general increase in the prices of goods and services in an economy over time.
- Inclusive Growth: It aims to reduce inequality and ensure that everyone.
- Price Floor: typically used to support producers or workers.
- Price Discrimination: Charging different prices to different customers.
- Implicit:opportunity costs of using resources, such as the value of the owner's.
- Socialism: It aims to reduce inequality and promote social welfare.
- Equilibrium Quantity: bought and sold at the equilibrium price.
- Resources: Factors of production.
- Demand: The willingness and ability of consumers.
- Low Unemployment: refers to a situation where a small percentage of the labor.
- Inflation: occurs when the cost of production increases.
- of Demand: As price increases, quantity demanded decrease.
- supplied exceeds quantity demanded.
- A market structure with a single seller and no close substitutes.
- Land: refers to the solid part of the Earth's surface.
- refer to a change in position, direction.
- Consumption: goods and services by individuals or households
- Wages: are the lowest legal wage that employers.
- Commodities: are raw materials, such as agricultural products.
- The study of the economy as a whole.
- Models: Simplified representations of economic phenomena.
- Supply Curve: relationship between price and quantity supplied.
- Basic Commodities: Essential goods and services.
- Monopolistic Competition: A market structure with many sellers.
- A measure of the responsiveness of one variable to another
- Ceiling: A government-imposed maximum price for a good or service.
- Equity:refers to fairness and justice in the way people are treated.
- The fundamental economic problem of unlimited.
- refer to individual preferences and desires for goods and services.
Down
- Push Factors: conditions or events that drive people to leave their home countries.
- Human Capital: refers to the skills, knowledge.
- in Supply: Factors that cause the entire supply curve to shift
- Self-Interest:Individuals and firms act in their own best interests.
- Income Approach: method of calculating national income.
- refers to the application of scientific knowledge.
- Labor:human effort, both physical and mental, used in the production of goods.
- Preference: They are a key factor in determining demand for goods.
- Deadweight Loss: surplus due to market inefficiencies.
- Tangible items that satisfy wants.
- The study of individual economic units.
- out-of-pocket expenses incurred by busine
- Macro Level:economics examines the economy as a whole.
- Capital:refers to the resources used in the production.
- Slope:It can be used to represent the relationship between two variables.
- Capitalism:It emphasizes individual initiative, profit maximization.
- of Input: refers to the expenses incurred by a business.
- Investment: involves committing resources, typically money, to acquire.
- Price: quantity demanded equals quantity supplied.
- Surplus: minimum price a producer.
- Cost: The value of the next best alternative forgone.
- Population Growth: Can affect labor supply, demand for goods.
- Marginal Revenue: The additional revenue from selling.
- Curve: relationship between price and quantity demanded.
- is the opposite of inflation, characterized by a general decrease.
- Economics: Describes economic phenomena.
- Labor Supply: The willingness and ability of workers to offer their services.
- Communism: It aims to create a society free from exploitation.
- Wage: A legal minimum price that can be paid for labor.
- of Supply: As price increases, quantity supplied increases
- Competition: A market structure with many buyers and sellers.
- Shifts in Demand: Factors that cause the entire demand curve
- is the flow of money or other assets that an individual or household.
- inflation: occurs when the demand for goods and services.
- Oligopoly: A market structure with a few dominant sellers.
- Unemployment: refers to the situation where individuals.
- Normative Economics: Makes judgments about how the economy.
- Equality: the state of being equal.
- are used to protect domestic industries and generate.
- Intangible activities that satisfy wants.
- state of lacking the financial resources and essentials.
- Price Ceilings:government-imposed maximum prices for goods and services.
- Shortage: exceeds quantity supplied.
- Refugees:are individuals forced to flee their home countries due to persecution.
90 Clues: inflation:refers to a persistent. • Tangible items that satisfy wants. • Surplus: maximum price a consumer. • Surplus: minimum price a producer. • Resources: Factors of production. • supplied exceeds quantity demanded. • Equality: the state of being equal. • The study of the economy as a whole. • Shortage: exceeds quantity supplied. • ...
Applied economics 2024-10-02
Across
- Employment:It is a crucial factor in determining individual and household.
- Migration: refers to the movement of people from one place to another.
- Supply: The willingness and ability of producers.
- Remittances: are payments sent by migrants to their families and communities.
- Pull Factors:conditions or opportunities that attract people to new destinations.
- Immigrants: are individuals who arrive in a new country to live permanently.
- inflation:refers to a persistent.
- Tax: It is a major source of revenue for governments.
- Price Floor: They can lead to surpluses and inefficiencies.
- Wages: The price of labor, influenced by supply and demand.
- Price Control: This can include price ceilings, price floors, or other measures.
- Cost: The additional cost of producing one more unit of output.
- Micro Level: economics focuses on individual economic decisions.
- Basic Commodities: are essential goods and services that are necessary.
- Surplus: maximum price a consumer.
- Sales tax: It is typically collected by retailers and remitted to the government.
- Emigrants: are individuals who leave their home countries.
- a general increase in the prices of goods and services in an economy over time.
- Inclusive Growth: It aims to reduce inequality and ensure that everyone.
- Price Floor: typically used to support producers or workers.
- Price Discrimination: Charging different prices to different customers.
- Implicit:opportunity costs of using resources, such as the value of the owner's.
- Socialism: It aims to reduce inequality and promote social welfare.
- Equilibrium Quantity: bought and sold at the equilibrium price.
- Resources: Factors of production.
- Demand: The willingness and ability of consumers.
- Low Unemployment: refers to a situation where a small percentage of the labor.
- Inflation: occurs when the cost of production increases.
- of Demand: As price increases, quantity demanded decrease.
- supplied exceeds quantity demanded.
- A market structure with a single seller and no close substitutes.
- Land: refers to the solid part of the Earth's surface.
- refer to a change in position, direction.
- Consumption: goods and services by individuals or households
- Wages: are the lowest legal wage that employers.
- Commodities: are raw materials, such as agricultural products.
- The study of the economy as a whole.
- Models: Simplified representations of economic phenomena.
- Supply Curve: relationship between price and quantity supplied.
- Basic Commodities: Essential goods and services.
- Monopolistic Competition: A market structure with many sellers.
- A measure of the responsiveness of one variable to another
- Ceiling: A government-imposed maximum price for a good or service.
- Equity:refers to fairness and justice in the way people are treated.
- The fundamental economic problem of unlimited.
- refer to individual preferences and desires for goods and services.
Down
- Push Factors: conditions or events that drive people to leave their home countries.
- Human Capital: refers to the skills, knowledge.
- in Supply: Factors that cause the entire supply curve to shift
- Self-Interest:Individuals and firms act in their own best interests.
- Income Approach: method of calculating national income.
- refers to the application of scientific knowledge.
- Labor:human effort, both physical and mental, used in the production of goods.
- Preference: They are a key factor in determining demand for goods.
- Deadweight Loss: surplus due to market inefficiencies.
- Tangible items that satisfy wants.
- The study of individual economic units.
- out-of-pocket expenses incurred by busine
- Macro Level:economics examines the economy as a whole.
- Capital:refers to the resources used in the production.
- Slope:It can be used to represent the relationship between two variables.
- Capitalism:It emphasizes individual initiative, profit maximization.
- of Input: refers to the expenses incurred by a business.
- Investment: involves committing resources, typically money, to acquire.
- Price: quantity demanded equals quantity supplied.
- Surplus: minimum price a producer.
- Cost: The value of the next best alternative forgone.
- Population Growth: Can affect labor supply, demand for goods.
- Marginal Revenue: The additional revenue from selling.
- Curve: relationship between price and quantity demanded.
- is the opposite of inflation, characterized by a general decrease.
- Economics: Describes economic phenomena.
- Labor Supply: The willingness and ability of workers to offer their services.
- Communism: It aims to create a society free from exploitation.
- Wage: A legal minimum price that can be paid for labor.
- of Supply: As price increases, quantity supplied increases
- Competition: A market structure with many buyers and sellers.
- Shifts in Demand: Factors that cause the entire demand curve
- is the flow of money or other assets that an individual or household.
- inflation: occurs when the demand for goods and services.
- Oligopoly: A market structure with a few dominant sellers.
- Unemployment: refers to the situation where individuals.
- Normative Economics: Makes judgments about how the economy.
- Equality: the state of being equal.
- are used to protect domestic industries and generate.
- Intangible activities that satisfy wants.
- state of lacking the financial resources and essentials.
- Price Ceilings:government-imposed maximum prices for goods and services.
- Shortage: exceeds quantity supplied.
- Refugees:are individuals forced to flee their home countries due to persecution.
90 Clues: inflation:refers to a persistent. • Tangible items that satisfy wants. • Surplus: maximum price a consumer. • Surplus: minimum price a producer. • Resources: Factors of production. • supplied exceeds quantity demanded. • Equality: the state of being equal. • The study of the economy as a whole. • Shortage: exceeds quantity supplied. • ...
IGCSE Economics 2024-10-02
Across
- A period of economic decline with falling GDP
- The point where supply and demand intersect
- The willingness and ability to sell a good or service
- The transfer of ownership from public to private sector
- Policies related to money supply and interest rates
- A fall in the value of a currency
- A market structure with a few dominant firms
- A cost or benefit that affects a third party
- A general decrease in price levels over time
Down
- A tax on imported goods
- The responsiveness of demand or supply to changes in price
- Government spending and taxation policies
- A limit on the quantity of imported goods
- Focusing on producing goods with a comparative advantage
- A general increase in price levels over time
- The cost of the next best alternative forgone
- The increasing interconnectedness of world economies
- The fundamental economic problem of limited resources and unlimited wants
- A market structure with a single seller
- The willingness and ability to buy a good or service
20 Clues: A tax on imported goods • A fall in the value of a currency • A market structure with a single seller • Government spending and taxation policies • A limit on the quantity of imported goods • The point where supply and demand intersect • A general increase in price levels over time • A market structure with a few dominant firms • ...
Economics Review 2023-03-03
Across
- the most desirable alternative given up as the result of a decision
- a business owned by stockholders who share in its profits but are not personally responsible for its debts
- land, labor, capital, entrepreneurship
- quantity supplied is greater that quantity demanded
- limited quantities of resources to meet unlimited wants
- a market in which there are many buyers but only one seller
- the quantity of a good or service that consumers are willing and able to buy
- a tax on imported goods
- quantity demanded is greater than quantity supplied
- official money used by a government
- a legal maximum on the price at which a good can be sold
- a limit placed on the quantities of a product that can be imported
- the quantity of something that producers have available for sale
- a legal minimum on the price at which a good can be sold
Down
- a business owned and controlled by one person
- a few seller sale similar products
- the quantity of money available in the economy
- two or more good that satisfy a similar need
- an official ban on trade or other commercial activity with a particular country
- government policy that attempts to manage the economy by controlling the money supply and thus interest rates
- a business in which two or more persons combine their assets and skills
- the central banking system of the United States
- quantity supplied equals quantity demand
- the additional benefit to a consumer from consuming one more unit of a good or service
- a state in which opposing forces or influences are balanced.
25 Clues: a tax on imported goods • a few seller sale similar products • official money used by a government • land, labor, capital, entrepreneurship • quantity supplied equals quantity demand • two or more good that satisfy a similar need • a business owned and controlled by one person • the quantity of money available in the economy • ...
Economics Crossword 2023-02-23
Across
- A type of incentive where you Gain positive attention from others
- Synonym for restricted; there is not an abundance of
- A type of incentive that you personally are doing the ‘right’ thing
- Motivation or drive for someone to do something
- People who start their own business
- The skills one possesses that open more opportunities
- Based on emotion and feelings
- One more or less of an option
- People use this to increase their human capital
- Any arrangement that brings buyers and sellers together to do business with each other.
Down
- The satisfaction or pleasure one gains from consuming a product or service
- The alternative choice
- A choice that one makes
- A type of incentive When you get something in return for doing something else
- A lack of something that is desired
- The rational process of cost vs benefit
- Limited goods and services
- Anything used to produce an economic good or a service
- Objects that can be purchased
- Producing goods and services in exchange for wages
20 Clues: The alternative choice • A choice that one makes • Limited goods and services • Based on emotion and feelings • One more or less of an option • Objects that can be purchased • People who start their own business • A lack of something that is desired • The rational process of cost vs benefit • Motivation or drive for someone to do something • ...
Economics Crossword 2023-03-02
Across
- A measure of how responsive producers are to price changes in the marketplace
- The additional cost of producing one more unit of their product
- Adding fixed and variable costs together
- schedule table that shows how much of a good or service all producers in a market are willing and able to offer for sale
- The application of scientific methods and discoveries to the production process
- The willingness and ability of producers to offer goods and services for sale.
- Expenses that the owner of a business must incur whether they produce nothing, a little, or a lot
- Graph that shows how much of a good or service an individual producer is willing and able to offer for sale at each price.
- Business costs that vary as the level of production output changes
- An increase or decrease in the amount producers offer for sale because of a change in price
- Having each worker focus on a particular facet of production
- Change in total product that results from hiring one more worker
- Data from the market supply schedule
- Each new worker causes total output to grow but at a decreasing rate
Down
- Level of production where it realizes the greatest amount of profit
- A set of rules or laws designed to control business behavior
- A tax on the making or selling of certain goods or services
- Table that shows how much of a good or service an individual producer is willing and able to offer
- The added revenue per unit of output; money made from each additional unit sold
- Occurs when something prompts producers to offer different amounts for sale at every price
- The price of the resources needed to produce a good or service
- Producers are willing to sell more of a good or service at a higher price than at a lower price.
- The amount of goods and services that a person can produce in a given time
- Each new worker adds more to total output than the last
- The income a business receives from selling a product
25 Clues: Data from the market supply schedule • Adding fixed and variable costs together • The income a business receives from selling a product • Each new worker adds more to total output than the last • A tax on the making or selling of certain goods or services • A set of rules or laws designed to control business behavior • ...
Economics Vocabulary 2023-05-30
Across
- any form of money that is in public circulation
- opposing or restraining a trust or a monopoly, in order to promote competition
- Central Bank of the United States; controls interest rates on loans and controls the money supply, affecting inflation
- Consumers determine through purchases what goods and services will be produced
- worldwide markets in which buying and selling of goods & services by individuals, nations, and businesses takes place
- The amount of a good or service that consumers are willing and able to buy at a certain price
- to control, direct, or supervise
- Things that motivate people to act a certain way
- What is given up when a choice is made
- earnings after all expenses have been paid
- To hire somebody to work in exchange for money
- Selecting an item or action from a set of possible alternatives
- The amount of goods or services that producers are willing and able to sell at a certain price
Down
- Help facilitate an exchange of money between savers and borrowers.
- Places where the prices of goods and services are determined as exchange takes place
- A form of business organization that is recognized by law as a legal entity regardless of the number of owners. Owners share the profits and owner liability is limited to the amount of their investment
- How resources, goods, services, and money flow continuously among households, businesses, and the government in a mixed economy
- The using of goods and services.
- Business owned and managed by 2 or more people who share the risks and the profits
- Form of business organization where 1 owner takes all the risks and keeps all the profits
- The amount of money exchanged for a good or service
- Factors of production that are used in the production of goods and services
- a situation in which 1 company controls an industry or is the only provider of a good or service
- The inability to satisfy all wants and needs at the same time
- A person who takes a risk to produce goods and services in search of a profit
- The combining of human, natural, capital, and entrepreneurship resources to make goods or provide services.
26 Clues: The using of goods and services. • to control, direct, or supervise • What is given up when a choice is made • earnings after all expenses have been paid • To hire somebody to work in exchange for money • any form of money that is in public circulation • Things that motivate people to act a certain way • The amount of money exchanged for a good or service • ...
Global Economics 2023-05-22
Across
- A law imposed on the goods and services imported from another country
- A country with a high level of economic growth, industrialization, and a higher standard of living
- Companies that produce finished goods using raw materials
- All the man-made objects like tools, machinery, buildings, equipment, and chemicals needed for production
- A country with less economic development, agriculture based economy, high level of unemployment
- A government order that restricts or prohibits trade
- Economic and political System in which trade and industry are controlled by private owners for profit
- Companies in sales and service industry including retail, restaurants, tourism, banking, health care, transportation, and law
- Resources, materials, and goods a country produces and sells to another country
- Economic sector that extract and harvest natural products from the earth
- The ability to combine the other three factors of production to produce and deliver a product or service
Down
- Where a farm, factory, or company is located as well as natural resources needed for a product
- The study of behavior of small economics units like businesses and individuals
- An industry or commodity that's dominated by one corporation that manipulates prices
- The state in which market supply and demand equal each other resulting in price stability
- A limit placed on the distribution of resources in high demand but in short supply
- The study of the big economic picture through various economic indicators
- Resources, materials, and goods a country buys form another country
- The work done by people to produce a product
- Economic and political theory promoting collective or government ownership
- Intellectual activities often associated with technological innovation, education, media, libraries, government, scientific research
21 Clues: The work done by people to produce a product • A government order that restricts or prohibits trade • Companies that produce finished goods using raw materials • Resources, materials, and goods a country buys form another country • A law imposed on the goods and services imported from another country • ...
Economics Crossword 2023-05-31
Across
- policy enacted by the government
- unemployment caused by people getting laid off
- health of the economy is measured in GDP ___
- when government spending exceeds tax revenues
- increased strength of currency compared to other currencies
- measures price levels in economy: GDP ___
- sustained decline in economic activity
- 1/reserve ratio
- sustained rise in prices in the economy
- improvement in economic activity
- productive equipment
- policy enacted by the fed
- government spending is less than tax revenues
- output per unit of input
- IOUs that the government issues when it borrows money
- decreased strength of currency compared to other currencies
- inflation caused by an increase in demand
Down
- economic system where supply and demand determine prices
- an increase in interest rates when the government borrows money
- unemployed because the person is between jobs
- conflict caused by limited resources and unlimited wants
- the cost of borrowing money
- coins and paper money
- money the banks have to set aside and not loan out
- inflation caused by increased resource prices
- an economy with foreign trade
- land,____, capital,entrepreneurship
- when an economy experiences inflation and recession simultaneously
- C+Ig+G+Xn
- where demand and supply prices meet
- unemployed because of a mismatch of skills
31 Clues: C+Ig+G+Xn • 1/reserve ratio • productive equipment • coins and paper money • output per unit of input • policy enacted by the fed • the cost of borrowing money • an economy with foreign trade • policy enacted by the government • improvement in economic activity • land,____, capital,entrepreneurship • where demand and supply prices meet • sustained decline in economic activity • ...
economics crossword 2023-05-31
Across
- price of living cost based on changes in retail prices
- the ________ confirms the individuals position at the fed
- where buyers and sellers exchange equity
- an act that someone is willing to pay for
- total value of goods and services produced by a country's economy
- a product ready for sale
- a system that gives people money who have low or no income that you can be eligible for when you're in your 60s
- anything found on earth
- the highest price
- people who are willing to work
- advocates for shielding a country's domestic industries
- any one 16 and above who are trying to find a job but can't
Down
- A decline in production and employment
- someone who starts a business
- prices rising at an extremely high rate
- lowest legal price for something
- the government spends more than it makes
- the government makes more than it spends
- reserve sets monetary policy for the economy to thrive
- high inflation and economic stagnation
- tools used to make other goods
- the branch in charge of deciding to print money
- prices going up at a high rate
- any physical product that people are willing to buy
- the ______ nominates members to the fed
25 Clues: the highest price • anything found on earth • a product ready for sale • someone who starts a business • tools used to make other goods • prices going up at a high rate • people who are willing to work • lowest legal price for something • A decline in production and employment • high inflation and economic stagnation • prices rising at an extremely high rate • ...
Economics Crossword 2023-05-19
Across
- subjective desires
- output over a period of time
- primary medium of exchange
- glut
- opposite of complement
- study of economy-wide issues
- import limit
- direct exchange
- terms of a trade
- treating goods with care
- market economy
- unbacked money
- ...is theft
- more money to money supply
Down
- action that has a goal
- stable situation
- means of production owned by government
- glut of labor
- division of labor
- problem of shirking under socialism
- rivalry of entrepreneurs
- body production
- import tax
- private property still exists (*wink wink)
24 Clues: glut • import tax • ...is theft • import limit • glut of labor • market economy • unbacked money • direct exchange • body production • stable situation • terms of a trade • division of labor • subjective desires • action that has a goal • opposite of complement • rivalry of entrepreneurs • treating goods with care • primary medium of exchange • more money to money supply • output over a period of time • ...
Economics Crossword 2023-06-02
Across
- An example of a recession that happened in the 1930’s
- When there is high unemployment, high inflation, and negative economic growth
- The maximum price for something
- This type of spending is when the government buys U.S. goods and services
- How much money worth of goods and services a country produces in a year.
- When a country is making more goods and services than they were before
- The minimum amount of money that someone can be paid hourly
- When there is a high unemployment rate and we are producing less goods and services
- The FED buys these from banks to increase the money supply
- The economist that believed in free market economies
- Businesses buying capital
- The percentage change in prices of goods and services in a year.
- Extreme cases of inflation
- When quantity demanded and quantity supplied are equal.
- The minimum price for something
Down
- A cycle that includes, Recovery, Recession, Trough, and Peak
- This can tell you the quantity demanded if you know the price
- When most adults have a job
- Actions to change the money supply done by the FED
- Total amount of demand
- The FED raises this when they tell banks to loan out less money
- rate The percentage of people 16 and up who are unemployed and are looking for work.
- When the price for something is lower or higher than it should be
- This helps tell us the inflation rate
- Actions done by Congress to change aggregate demand
25 Clues: Total amount of demand • Businesses buying capital • Extreme cases of inflation • When most adults have a job • The maximum price for something • The minimum price for something • This helps tell us the inflation rate • Actions to change the money supply done by the FED • Actions done by Congress to change aggregate demand • ...
Economics crosswrod 2023-06-15
Across
- what this class is teaching us to be
- makes you a less valuable person
- part of the economic system and what you live in
- how smart people make money
- when you have to much of something
- How much people spend rather than save
- When you and the economy are in the dumps
- the cost of buying something
- lined representations of data
- Rises with recession and falls with economic growth
- When the people know what they want
Down
- looking at this from a birds eye view
- what you and superheroes have in common
- how banks make money
- one of the inputs in a business
- What do entrepreneurs ride to work?
- eating away at your funds rather than your food
- the fuel of the economy
- used to see how fast things are changing
- “Here we’ll just hold on to that for you”
- see something you want, try this!
- When you have something to give
- not paying this can ruin your life
- what's something that calculates the value of a years hard work
- The the broad term for Wall-E that makes things like manufacturing more efficient
- the system for buying and selling goods
- getting bread
27 Clues: getting bread • how banks make money • the fuel of the economy • how smart people make money • the cost of buying something • lined representations of data • one of the inputs in a business • When you have something to give • makes you a less valuable person • see something you want, try this! • when you have to much of something • not paying this can ruin your life • ...
Economics Vocabulary 2023-03-17
Across
- Country’s roads, railroad tracks, electric power plants, and telephone and internet systems
- Number of items consumers want to purchase
- Number of items ready for sale
- How long the average person lives
- The total dollar value of all final goods and services produced in a country during a single year.
- Percentage of people who can read and write
- Resources provided by Earth
- Product that is sent out of a country to another country
- Type of money. Examples- euro, dollar
- Items that can be bought and sold
- Study of how things are bought and sold
- Product that is brought into a country from another country
- People and business own their own businesses and decide what to produce and what to consume
Down
- Meeting the immediate needs of the people who follow traditions and customs of their ancestors
- Resources provided by people
- Goods made and used to produce other goods and services (buildings, machines, tools money)
- Focusing on producing goods and services one makes best
- Total value of goods and services produced by an average person
- Government or rulers makes all the decisions
- When there is not enough of something to meet the needs and wants of society
- Growth in free trade between countries
- Actions that one person or group does for another in exchange for payment
22 Clues: Resources provided by Earth • Resources provided by people • Number of items ready for sale • How long the average person lives • Items that can be bought and sold • Type of money. Examples- euro, dollar • Growth in free trade between countries • Study of how things are bought and sold • Number of items consumers want to purchase • Percentage of people who can read and write • ...
economics Vocab 2023-04-21
Across
- when different businesses compete for consumers’ money such as Walmart v. Target or Microsoft v. Apple.
- an economic system where property and business are owned by the government. The government makes choices about producing and pricing. The consumers have no choice.
- the way people earn and spend money
- the money received in payment for goods or services (rent, wages, interest)
- the government’s job is to protect property rights.
- the founder of a business. Someone who assumes the risk of organizing resources to produce goods and services. Someone who sees an opportunity to make money and takes it.
- the money left over after all expenses are paid
- the amount the seller has to sell at a particular price
- a person who buys goods and services
- Scottish economist who came up with the idea of capitalism. He is known as the father of modern economics, wrote the Wealth of Nations, and influenced the Founding Fathers of the United States.
Down
- the things that people sell
- individuals own businesses and property rather than the government
- the name of Adam Smith’s idea of a free market economy
- an economic system where businesses and property are privately owned. The price and amount of goods traded are based on supply and demand and has little government regulation.
- the person who makes the goods
- the right to make decisions for an individual’s business or property
- people or businesses offering goods for sale
- an activity that someone is paid to perform
- the government’s right to take private property for public use as long as they pay a fair price to the owner
- what consumers are willing to buy at a given price
20 Clues: the things that people sell • the person who makes the goods • the way people earn and spend money • a person who buys goods and services • an activity that someone is paid to perform • people or businesses offering goods for sale • the money left over after all expenses are paid • what consumers are willing to buy at a given price • ...
Urban Economics 2022-12-10
Across
- consequence of the popularization of the automobile
- The equilibrium land rent equals total revenue minus non-land cost
- explains housing prices
- The economic activity of a firm increases that of nearby firms
- Maximization equation
- The consumer's objective
- in the short run housing supply is
- external cost of gas powered vehicles
- how Prof. Kim minimizes transportation costs
- when a regression leaves out one or more relevant variables
- explain the spatial distribution of cities across the landscape
Down
- The firm's objective
- explains the spillover in employment from the non-tradable sector to the tradable sector
- Prof. Kim's main source of utility
- where is cost of labor the highest
- Can be used to predict where a firm will locate when there are multiple inputs or markets involved
- what determines wages
- Firms want to minimize this
- reflect the cost of commuting
- urban challenge of density
20 Clues: The firm's objective • what determines wages • Maximization equation • explains housing prices • The consumer's objective • urban challenge of density • Firms want to minimize this • reflect the cost of commuting • Prof. Kim's main source of utility • where is cost of labor the highest • in the short run housing supply is • external cost of gas powered vehicles • ...
Economics Crossword 2022-12-05
Across
- the quantity of a product that producers are willing and able to sell at different prices
- all stages of a progress of product
- the means of allocating resources in a market economy
- alternative good
- individuals or households who buys goods and services
- a tax levied on goods or services
- it's possible to stop someone from consuming a good or service
- a place where buyers and sellers gets together to trade
- a situation where consumers don't have full or complete information when making decision
Down
- data from which supply curve is drawn on a graph
- plotted line on a graph that shows the relationship between the quantity supplied and the price of the product
- as quantity demanded increase as income increase
- direct payments made by governments to a producer
- a good that is thought to be desirable for consumers but which is underprovided by the market because of information failure
- a good consumed with other one
- consumption of a good or a service reduces the availability of the good or service for others
- as quantity demanded increase as income decrease
- 2 goods are consumed together
- a good that is thought to be undesirable for consumers and is overproved by the market because of information failure
- the quantity of a product that consumers are willing and able to buy at different prices per period of time
20 Clues: alternative good • 2 goods are consumed together • a good consumed with other one • a tax levied on goods or services • all stages of a progress of product • data from which supply curve is drawn on a graph • as quantity demanded increase as income increase • as quantity demanded increase as income decrease • direct payments made by governments to a producer • ...
Economics Vocabulary 2023-08-03
Across
- shared ownership between specific shareholders and limited liability
- one firm controls the market, difficult entry
- firms work together for advantages - informal
- benefit received from an item
- a firm benefits more than what they intended from something
- high competition, easy entry, similar products
- price set by a firm, no competition
- fluctuations in price due to external factors
- a private good with positive externalities
- advantages obtained by a firm's scaled operation, measured by their output and profit
- company that owns smaller side firms that supply different goods
- low competition and ease of entry
- how much consumers are willing to pay (marginal benefit)
- inaccurate, incomplete or misunderstood information
- payment made to an individual or company for the ongoing use of their assets
- a good made to produce the final consumer good
- market with face-to-face transactions
- strategy that allows a company to streamline its operations by taking direct ownership of various stages of its production
- strategy in which one company grows its operations at the same level in an industry,buying out competitors
Down
- market shares are concentrated to a small number of firms
- inability to move or reallocate resources
- market with online transactions and
- cost of producing one extra unit of output
- changing one factor of production while holding all others constant will cause output to increase, then fall
- how much producers are willing to sell something for (marginal cost)
- a group of firms fix prices - formal agreement
- policies created to control national cash flow
- high competition, easy entry, identical products
- a fusion of companies to form one legal entity, splitting their resources, customers and scale of operations
- policies that control growth and expenditure
- anyone can buy shares and limited liability
- only one buyer
- humans act in their own interest to the peril of society due to a lack of property rights
- differences in welfare, opportunity, etc.
- cost of everything that goes into producing one unit of output
- indirect impacts of production felt by a third party
- consumers and competition affect prices
- a private good with negative externalities
38 Clues: only one buyer • benefit received from an item • low competition and ease of entry • market with online transactions and • price set by a firm, no competition • market with face-to-face transactions • consumers and competition affect prices • inability to move or reallocate resources • differences in welfare, opportunity, etc. • cost of producing one extra unit of output • ...
Christmas Economics 2024-12-17
Across
- Shortfall occurs if cited wrongly (7)
- Government support for bus is dry, unfortunately (7)
- Levies and taxes, mix into a pot! (8)
- Economist devised new keys in theory (6)
- Severe measures to save, initially undertaken? Yes, tight rein (9)
- Relating to money, are my notes disordered? (8)
- Store of wealth? Try USA differently (8)
- Transfer of ownership made private? It’s a vision, partly (13)
- Head of Treasury can chill, altering economic rules (10)
- Some quietly question active monetary policy (12)
- Top-notch currency, starting to sell trade exports (8)
- Official body overseeing forecasts, oddly obscure? (3)
Down
- Output grows from productive vitality, oddly (12)
- Former lover left cheque shuffled for the Treasury (9)
- Institution managing Sterling's debt, flanking gold reserve? (13)
- Departure from EU brings Britain excitement initially (6)
- Officials repeatedly check back on documents (6)
- Wealth of Nations author? He's timeless (5)
- Rate of lending, possibly break a tank (8)
- Noble falcon, perhaps, flying over large hill (10)
- Rising prices stretch thin, in a fit (9)
- Accounts adjusted if scale is used (6)
- Charge set for importing fair items (6)
- Measure of the economy, Gross Domestic Product! (3)
24 Clues: Shortfall occurs if cited wrongly (7) • Levies and taxes, mix into a pot! (8) • Accounts adjusted if scale is used (6) • Charge set for importing fair items (6) • Economist devised new keys in theory (6) • Store of wealth? Try USA differently (8) • Rising prices stretch thin, in a fit (9) • Rate of lending, possibly break a tank (8) • ...
Business Economics 2024-12-18
Across
- A command economic system in which the government controls the economic system and does not allow private ownership of the means of production and distribution.
- A risk-response strategy that involves choosing not to do something that is considered risky.
- The human and natural resources and capital goods used to produce goods and services.
- economy: An economic system in which the questions of what, how, and for whom goods will be produced are answered by individuals and businesses in the marketplace.
- risks: Chances of loss that carry with them the possibility of loss or no loss.
- Economic principle which states that the supply of a good or service will increase when demand is great and decrease when demand is low.
- A risk-response strategy that involves trying to reduce the chance of loss or severity of loss.
- The possibility of loss (failure) or gain (success) inherent in conducting business.
- Economic principle which states that the quantity of a good or service that people will buy varies inversely with the price of the good or service
- risks: Chances of loss that may result in loss, no change, or gain.
- resources: Items found in nature that are used to produce goods and services.
- The point at which the quantity supplied is equal to the quantity demanded.
- A market structure in which there are relatively few sellers, and industry leaders usually determine prices.
- The situation that exists when supply is greater than demand.
- expenses: All of the expenses involved in running a business.
- A desire for something that can only be satisfied by spending money.
- The process or activity of using goods and services; the economic process or activity of using goods and services.
- competition: Rivalry between or among businesses that offer similar types of goods or services.
- economy: An economic system in which all or many of the means of production and distribution are owned and controlled by the government.
- The money received by resource owners and by producers for supplying goods and services to customers.
- The money that a business spends.
- products: Products produced for personal consumption.
- The study of how to meet unlimited, competing wants with limited resources.
- competition: A market structure in which there are many businesses selling a lot of identical products for about the same price to many buyers; also known as pure competition.
- The amount of money a business pays for the products it sells or for the raw materials from which it produces goods to sell; the amount of money a business pays for the products (or for any part of the products) it sells.
- A risk-response strategy that involves moving the impact of a risk to someone or something else.
- A modified command economic system in which government owns the basic means of production and allows private ownership of businesses as well.
- profit: Money left after the cost-of-goods expense and the operating expense are each subtracted from the total income (gross profit - operating expense = net profit).
- The possibility of loss or failure from nature.
- A desire for something that is not required.
- competition: Rivalry between or among businesses that offer dissimilar goods or services.
Down
- A type of market structure in which a market is controlled by one supplier, and there are no substitute goods or services readily available.
- The economic process of trading one good/service for another.
- Economic principle which states that the quantity of a good or service that will be offered for sale varies in direct relation to its price.
- want: Desires for things that can be obtained without spending money.
- Something required or essential that is lacking.
- resources: People who work to produce goods and services.
- economy: An economic system in which people produce only what they must have in order to exist; all economic decisions are based on habit and tradition.
- The economic process or activity of producing goods and services.
- The economic process or activity by which income is divided among resource owners and producers.
- A condition resulting from the gap between limited resources and unlimited wants for goods and services.
- Giving up all or a part of one thing in order to get something else
- competition: A type of rivalry between or among businesses that focuses on the use of price to attract scarce customer dollars.
- of production: Productive resources; human and natural resources and capital goods.
- goods: Manufactured or constructed items that are used in the production of goods and services.
- The quantity of a good or service that sellers are able and willing to offer for sale at a specified price in a given time period.
- demand: A form of demand for products in which changes in price correspond to changes in demand.
- Productive acts that are useful, scarce, and transferable and which satisfy economic wants.
- The quantity of a good or service that buyers are ready to buy at a given price at a particular time.
- The organized way in which a country handles its economic decisions and solves its economic problems.
- competition: A type of rivalry between or among businesses that involves factors other than price.
- An indication of how changes in price will affect changes in the amounts demanded and supplied.
- The possibility of loss or failure that occurs as a result of the economy.
- The situation that exists when demand is greater than supply.
- The possibility of loss or failure from human error.
- Physical objects that are useful, scarce, and transferable and which satisfy economic wants.
- profit :Money left after the cost-of-goods expense is subtracted from total income (income from sales - cost of goods = gross profit).
- products: Products purchased by producers for resale, to make other goods and services, and/or to use in business operations.
- demand: A form of demand in which changes in price do not affect demand.
- Monetary reward a business owner receives for taking the risk involved in investing in a business; income left once all expenses are paid (income – expense = profit).
60 Clues: The money that a business spends. • A desire for something that is not required. • The possibility of loss or failure from nature. • Something required or essential that is lacking. • The possibility of loss or failure from human error. • products: Products produced for personal consumption. • resources: People who work to produce goods and services. • ...
Economics Vocab 2024-11-15
Across
- Business owned by one person.
- Right to work laws.
- Brought on by the Industrial Revolution.
- Last around 2-5 years.
- All nonmilitary people who are employed or unemployed.
- A business organization owned by a group of people.
- People of business that hold onto stocks.
- Contingency employments.
- A award for something.
- Can't be spelled without sin.
- Help corporations grow.
Down
- Most complex form of business.
- Responsible for something, especially by law.
- Economy changes, so does the job market.
- Firms competing for workers.
- Semi independent business that pays fees to a parent company.
- Ceasing to work.
- Business owned by two or more people.
- Owning something to some one.
- Used to accomplish goals by not working.
20 Clues: Ceasing to work. • Right to work laws. • Last around 2-5 years. • A award for something. • Help corporations grow. • Contingency employments. • Firms competing for workers. • Business owned by one person. • Owning something to some one. • Can't be spelled without sin. • Most complex form of business. • Business owned by two or more people. • Economy changes, so does the job market. • ...
