economics Crossword Puzzles
Modern GA & Economics 2024-03-14
Across
- A series of agreements that led to an eventual peace treaty between Egypt and Israel.
- (borrow money).
- In 1976 Carter became the 39th man to hold this position.
- Carter was elected to this position in in 1970.
- Reputation Carter earned in the office for his dealings with the Middle East.
- Cost change from month to month.
- Purchases of products, goods, or services.
- Major world event that was held in Atlanta in 1996.
- The hostages were released in Iran on Regan’s ___ day.
- The money that comes to you in a given time period from work or through investments.
- Allows you to get approved for loans, have lower interest rates, and lower insurance cost.
- Using money in hopes of gaining more in the future by lending to businesses in exchange for a share of profits
- Georgia’s largest industry.
- Number of terms Carter served in the state senate.
- An amount of money you borrow from a lender (a person or company) on the understanding that you'll pay it back later.
- New sports structure that was built to host the Olympics.
- City government cleaning up parts of a city.
- ____ Encourages film production in Georgia.
- Living lavishly by buying this you cannot afford.
Down
- SHEP is now complete, and it has deepened the waterway to allow bigger ships to use the port.
- A person who creates and operates a business, taking on financial risks in order to do so.
- Cost the same amount each month.
- Setting aside some of your income for future use.
- Additional amount you pay to use borrowed money.
- A plan for saving and spending.
- What Georgia business sector is growing rapidly?
- America suffered through a ___ due to problems in the Middle East.
- Americans were held captive for 444 during this event.
- Money paid out to purchase something. Could be for food, housing, insurance, college, clothing, etc.
- President Carter lost his reelection bid to this man.
- Was placed “on the map” because the Olympics were held here.
- High inflation, slow economic growth, and coupled with high unemployment.
- Carter was elected to serves as a _______ in Georgia in 1962.
- Georgia is the number one producer of what agriculture good.
- Helps resolve conflicts, provides aid, and helps prevent diseases.
- Employs about 10.2% of the state.
- Taking out a loan to buy a house, go to college, or start a business.
- The only person to serve as president of the US from the state of Georgia.
- Carter won this in 2002 for his decades of untiring effort to find peaceful solutions to international conflicts.
- A legal process that eliminates all or part of a person’s debt, though not without serious consequences.
40 Clues: (borrow money). • Georgia’s largest industry. • A plan for saving and spending. • Cost the same amount each month. • Cost change from month to month. • Employs about 10.2% of the state. • Purchases of products, goods, or services. • ____ Encourages film production in Georgia. • City government cleaning up parts of a city. • Carter was elected to this position in in 1970. • ...
Industrial Revolution-Economics 2023-10-23
Across
- Improvements in credit and _________________________________ allowed for more businesses to get the money they needed.
- Acts designed to ensure all British colonies would ONLY trade with Britain first over all other European nations.
- Those that provide goods and services
- Policies and goods pertaining to WITHIN the country and its colonies.
- Trade route used to transport goods in exchange for slaves between West Africa, Britain, and the Colonies.
- After the American Revolution, England gained land in the Caribbean from wars with this country.
- A policy of extending a country's power and influence through diplomacy or military force.
- When you have fewer goods and services than you can sell.
- When you have more goods and services than you are able to sell.
- Ordinary and necessary costs incurred to operate your business
- The total amount of income generated by the sale of goods or services
- The money earned by a business when its total revenue exceeds its total expenses
- Countries or areas under the full or partial political control of another country, usually far away from the mother country.
- Goods and services provided by a producer
Down
- Prior to the Industrial Revolution, Britain’s main source of income came from this.
- A person who owns, organizes and operates a business or businesses.
- Those that purchase goods and services
- An economic and political system in which a country's trade and industry are controlled by private owners for profit
- The largest and wealthiest slave colony for the British empire
- The money used to build, run or grow a business.
- How many goods and services are wanted by consumers
- The development of industries in a nation.
- An extensive group of states or countries under a single supreme authority or nation.
- Demanding that all industry and manufacturing were done domestically, as opposed to allowing free trade.
24 Clues: Those that provide goods and services • Those that purchase goods and services • Goods and services provided by a producer • The development of industries in a nation. • The money used to build, run or grow a business. • How many goods and services are wanted by consumers • When you have fewer goods and services than you can sell. • ...
Economics Final Vocabulary 2024-05-28
Across
- value of one currency for the purpose of conversion to another.
- type of health insurance plan that offers a network of healthcare providers to choose from.
- Model of the economy illustrating the flow of goods, services, and money between households and firms.
- Resources are limited while wants are unlimited, leading to the fundamental economic problem of scarcity.
- type of health insurance plan that requires patients to select a primary care physician and get referrals for specialists.
- Tax imposed on the sale of goods and services.
- Unemployment linked to seasonal work patterns.
- Measures the responsiveness of one economic variable to a change in another.
- ype of health insurance plan with higher deductibles and lower premiums compared to traditional plans.
- Percentage of the total labor force that is unemployed and actively seeking employment
- Tax where the tax rate is fixed, regardless of income
- When a country can produce a good more efficiently than another country.
- tax levied on real estate by the government.
Down
- When a country can produce a good at a lower opportunity cost than another country.
- Temporary unemployment experienced by people changing jobs.
- Unemployment that results from fluctuations in the business cycle.
- Tax that takes a larger percentage of income from high-income earners than from low-income earners.
- Total monetary value of all finished goods and services produced within a country's borders in a specific time period.
- Measures changes in the price level of a weighted average market basket of consumer goods and services.
- Tax on imported goods, designed to protect domestic industries from foreign competition.
- tax imposed on individuals or entities based on their income or profits
- unemployment that results because the number of jobs available in some labor markets is insufficient to provide a job for everyone who wants one
- The value of the next best alternative forgone when a choice is made.
- The process of designing, launching, and running a new business, often initially a small business
- Tax that takes a larger percentage of income from low-income earners than from high-income earners.
25 Clues: tax levied on real estate by the government. • Tax imposed on the sale of goods and services. • Unemployment linked to seasonal work patterns. • Tax where the tax rate is fixed, regardless of income • Temporary unemployment experienced by people changing jobs. • value of one currency for the purpose of conversion to another. • ...
Principles of Economics 2024-09-21
Across
- Property of distributing economic prosperity uniformly among the members of society.
- A repeat buyer dedicated to a specific brand or service
- Study of how resource distribution impacts societal well-being
- The impact of one person’s actions on the well-being of a bystander.
- Customers that are much less likely to make a purchase
- Needs-driven buyer
- The amount of goods and services produced from each hour of a worker’s time.
- Action or Habits of consumers
- Shoppers making unplanned purchases
- Consumers based on interest and lifestyle.
- A person who buys products for their own use
- Something that induces a person to act, i.e. the prospect of a reward or punishment.
- Is the buyer’s willingness to pay for a good minus the amount the buyer actually pays for it.
- Consumers who buy products via Internet
- Item for sale
- Is the amount a seller for a good minus the seller’s cost.
- One who creates goods or services
- Deal seekers looking for the best discounts
Down
- Is the property of a resource allocation of maximizing the total surplus received by all members of society.
- An economy that allocates resources through the decentralized decisions of many firms households as they interact in markets for goods and services
- Increases in the general level of prices.
- Can be easy to access or use
- Study of how people make decisions.
- Careful buyer who researches before purchasing
- Study of how society manages its scarce resources.
- A curve that shows the short-run tradeoff between inflation and unemployment.
- Buyer of goods or services
- Best way to organize economic activity.
- Inflation and economic uncertainties can make it difficult for consumers to afford basic necessities and maintain their desired lifestyle.
- Comes from the Greek word for “one who manages a household”.
30 Clues: Item for sale • Needs-driven buyer • Buyer of goods or services • Can be easy to access or use • Action or Habits of consumers • One who creates goods or services • Study of how people make decisions. • Shoppers making unplanned purchases • Best way to organize economic activity. • Consumers who buy products via Internet • Increases in the general level of prices. • ...
Economics Year 9 2024-10-31
Across
- a typical method of luring someone into a phishing scam
- when you make a change in how you do things, and that change is better
- a planned __________________ economy is one where the government controls the economy
- the name given to income you don't spend and put in a bank account
- the word used when you invest in something that might fail
- name of the scam where a person impresses someone on a dating site and takes their money
- the name of a shop that only exists for a few weeks at most before shutting
- this is done when people put money into a company hoping to make more money from this later
- what happens if your business doesn't have enough money to cover expenses
- a situation where a business does better than its competitors
- the continent with which Australia does most of its trade
- a country Australia relies on for a lot of technological goods
- this allows you to withdraw money from ATMs
- if someone invests in a business they have focussed on what the level of future ___________ will be
- a reason some people fall for romance scams
- the event that caused a shortage of cars in Australia from 2020 - 2022
- the term used to describe what happens when a business loses all its money
- a factor of production (resource) that includes things such as bakers, teachers and miners
- a type of economy where people produce just enough for their own survival
Down
- a type of TV advert that just states benefits of a product and some facts
- the name given to the fee charged on borrowed money
- a factor of production (resource) that includes natural items such as iron ore, gold and crops
- a factor of production (resource) that includes things such as machinery, vehicle and computers
- a way of making people more aware of a product and why it is worth buying
- the term used when a person own a certain percentage of a company
- the many links or activities that are required to move a product from supplier to consumer
- the money left over for a firm once expenses running the firm are taken from the money earned in sales
- this type of advertising contains mostly factual information about the product
- this happens when flags are designed by laptops rather than drawn by hand
- the name given to a situation where people own a part of a company
- a convincing ploy that convinces someone to part with their money to a dishonest person
- name of the person who rents a property of someone
- name of the person who owns a property but rent it out to someone else
- a market __________________ economy is one where producers sell goods and services for money
- a type of investment where you buy houses to rent out
- name of the scam where a person gives out personal information after replying to an email or phone call
36 Clues: this allows you to withdraw money from ATMs • a reason some people fall for romance scams • name of the person who rents a property of someone • the name given to the fee charged on borrowed money • a type of investment where you buy houses to rent out • a typical method of luring someone into a phishing scam • ...
Economics Crossword Puzzle 2025-02-13
Across
- The process of converting one currency to another.
- Goods brought into a country from abroad.
- Manufacturing and production of goods.
- Basic physical systems like roads, bridges, and electricity.
- The state of having a paid job or work.
- A major economic challenge in some Latin American countries.
- An important economic sector in countries like Mexico, Brazil, and the Caribbean.
- The practice of farming, an important sector in Latin America.
Down
- The action of putting money into businesses or projects for future profit.
- Money that a country or individual owes.
- Money sent back home by migrants working abroad.
- The action of buying and selling goods and services.
- Government financial aid to support an industry or business.
- The money used in a particular country (e.g., peso, real, bolÃvar).
- Goods sold to another country.
- A general increase in prices and fall in the purchasing value of money.
- A tax on imported goods.
- The total value of goods and services produced in a country.
- A trade agreement between the U.S., Canada, and Mexico (now USMCA).
- A South American trade bloc including Brazil, Argentina, Paraguay, and others.
20 Clues: A tax on imported goods. • Goods sold to another country. • Manufacturing and production of goods. • The state of having a paid job or work. • Money that a country or individual owes. • Goods brought into a country from abroad. • Money sent back home by migrants working abroad. • The process of converting one currency to another. • ...
ECONOMICS 12/9 2024-12-09
Across
- when the government receives more money in taxes than it spends in a year
- the theory that rational private households might shift their saving to offset government saving or borrowing
- fiscal policy that increases the level of aggregate demand, either through increases in government spending or cuts in taxes
- a tax imposed on corporate profits
- deficits that occur when a country is running both a trade and a budget deficit
- a tax based on the pay received from employers; the taxes provide funds for Social Security and Medicare
- a tax on people who pass assets to the next generation—either after death or during life in the form of gifts
- the time it takes for the funds relating to fiscal policy to be dispersed to the appropriate agencies to implement the programs
- fiscal policy that decreases the level of aggregate demand, either through cuts in government spending or increases in taxes
- or the tax that must be paid on all yearly income
- the time it takes to get a fiscal policy bill passed
- a program for early childhood education directed at families with limited educational and financial resources.
Down
- the government passes a new law that explicitly changes overall tax or spending levels with the intent of influencing the level of overall economic activity
- a tax on a specific good—on gasoline, tobacco, and alcohol
- when government spending and taxes are equal
- the budget deficit or surplus in any given year adjusted for what it would have been if the economy were producing at potential GDP
- federal spending and borrowing causes interest rates to rise and business investment to fall
- tax and spending rules that have the effect of slowing down the rate of decrease in aggregate demand when the economy slows down and restraining aggregate demand when the economy speeds up, without any additional change in legislation
- a tax that collects a greater share of income from those with high incomes than from those with lower incomes
- when the federal government spends more money than it receives in taxes in a given year
- the time it takes to determine that a recession has occurred
- a tax based on the income, of all forms, received by individuals
- the total accumulated amount the government has borrowed, over time, and not yet paid back
- a tax that is a flat percentage of income earned, regardless of level of income
- a tax in which people with higher incomes pay a smaller share of their income in tax
25 Clues: a tax imposed on corporate profits • when government spending and taxes are equal • or the tax that must be paid on all yearly income • the time it takes to get a fiscal policy bill passed • a tax on a specific good—on gasoline, tobacco, and alcohol • the time it takes to determine that a recession has occurred • ...
KENZO APPLIED ECONOMICS 2025-03-17
Across
- Physical and human effort exerted in production
- The essentials of life such as food and shelter
- Most democratic form of economic system
- it is an Increase in value of an asset overtime
- A market situation in which there are FEW firms producing differential goods
- The authoritative economic system
- A mandatory financial Charge imposed upon a taxpayer by a governmental organization
- Is a condition where there are insufficient resources to satisfy all the needs and wants of a population
- An economic system wherein decisions are based on traditions and practices upheld over the years and passed on from generation to generation
- Specific type of oligopoly where there is only two producers exist in one market
- it is an art of turning idea into business
- Is the study of production, distribution, Selling and use of goods and services
- ____ Marshall described economics as the study of mankind in the ordinary business life
- _____ wage is the minimum amount of remuneration that an employer is required to pay a worker
- The law of demand describes how price affects _______
- Refers to using one’s savings in a way that earns a return
- _____ Scarcity is when a good is scarce compared to its demand
Down
- _____ scarcity is when supply is limited
- Is a good that can be used in place of another
- It is a property in which the owner receives payments from the occupants
- When price goes up, demand goes ____
- Refers to the market situation where there is one seller and there is no close substitute to the commodities sold by the seller
- When income goes up, Consumers buy _____
- A form of market in which there are large numbers of sellers selling differentiated products which are similar in nature but not homogenous
- The amount of a product that is offered for sale at all possible prices in the market
- Price is ____, A feature of perfect competition
- _____ competition is a Market Structure in which large number of sellers sell a homogenous product at uniform price
- Desires for non-essential items
- Man-made resources used in the production of goods and services
- In traditional economy, methods are ______
- Soil and natural resources that are found in nature and are not manmade
- _________ goods are things that are often sold or used together
- A state in which the supply and demand for a given good or service are in balance
- _______ cost refers to the value of the best foregone alternative
- An asset or item acquired with the goal of generating income
- ______ Resources came from nature that are used in production
- Quantities of a particular good or service consumers are willing and able to buy at different possible prices
- Is a division of economics that is concerned with the overall performance of the entire economy
- ______ goods are goods identical in quantity, shape, size, colour, and packaging
- Any firm can ______ or leave the industry whenever it wishes
40 Clues: Desires for non-essential items • The authoritative economic system • When price goes up, demand goes ____ • Most democratic form of economic system • _____ scarcity is when supply is limited • When income goes up, Consumers buy _____ • In traditional economy, methods are ______ • it is an art of turning idea into business • Is a good that can be used in place of another • ...
A-Level Economics 2025-03-07
Across
- A tax system designed to redistribute income and reduce inequality.
- A source of allocative inefficiency and potential X-inefficiency.
- A phase in the business cycle characterized by falling output, rising unemployment, and reduced investment.
- The point where market clearing occurs, but may not be socially optimal in the presence of externalities.
- A measure of responsiveness that is crucial for analysing the impact of taxes and price controls.
- A policy objective to reduce inflation without causing a recession.
- A non-conventional monetary policy tool used to stimulate aggregate demand during a liquidity trap.
- A crucial component of aggregate demand, influenced by interest rates and business confidence.
- A trade barrier that can lead to welfare loss and retaliatory measures.
Down
- The concept that guides optimal decision-making by comparing incremental changes.
- Economic thought advocating for active fiscal policy to manage fluctuations in the business cycle.
- Policy aiming to improve the current account by making exports cheaper and imports dearer.
- Government intervention aimed at correcting market failures, but potentially leading to regulatory capture.
- A key driver of long-run economic growth, often influenced by technological progress.
- A market where strategic interdependence necessitates game theory.
- A phenomenon associated with debt deflation and the potential for a liquidity trap.
- A form of government intervention that can create deadweight loss or encourage overproduction.
- Maximising this is the ultimate goal of many government interventions, though its measurement is complex.
- A divergence between private and social costs or benefits, leading to market failure.
- A phenomenon eroding the real value of money and potentially leading to menu costs.
20 Clues: A source of allocative inefficiency and potential X-inefficiency. • A market where strategic interdependence necessitates game theory. • A tax system designed to redistribute income and reduce inequality. • A policy objective to reduce inflation without causing a recession. • A trade barrier that can lead to welfare loss and retaliatory measures. • ...
INTRODUCTION TO ECONOMICS 2025-03-04
Across
- The cost of a purchase/decision measured in terms of a forgone alternative; what was given up to make a purchase/carry out a decision.
- Goods used in production of other goods/services.
- income return to owners of capital.
- The function of organizing resources for production and taking the risk of success/failure in a productive enterprise.
- Giving up one thing for something else.
- Persons and things used to produce goods/services; limited in amount; categorized as labor, capital, land, and entrepreneurship.
- Goods that are produced for final buyers.
- an illustration showing the relationship between two variables that are measured on the vertical and horizontal axes.
- Income return to labor.
- Conditions held to be true within a model.
- The setting within which an economic theory is presented.
- A guide for a course of action.
- Resources available for production are not being used.
- when a given good/service is produced at the lowest possible cost.
- The study of the operation of the economy as a whole.
- Income return to those performing the entrepreneurial function.
- Two variables move in the same direction: when one increases, so does the other; graphs as an upward-sloping line.
- Two variables move in opposite directions: when one increases, the other decreases; graphs as a downward-sloping line.
- The study of how scare/limited resources are used to satisfy people's unlimited wants/needs.
Down
- The relative importance that a person assigns to an action/alternative.
- Gives the various amounts of two goods that an economy can produce with full employment and fixed resources and technology.
- Physical and mental human effort used to produce goods/services.
- Justice and fairness in the distribution of goods/services.
- The study of individual decision-making units and markets within the economy.
- Productive inputs that originate in nature, such as coal and fertile soil.
- There are not enough, nor can there ever be enough, goods/services to satisfy the wants/needs of all people in societies.
- A formal explanation of the relationship between economic variables.
- an increase in an economy's full employment level of output over time.
- the use of statistical techniques to describe the relationships between economic variables.
- Income return to owners of land resources.
30 Clues: Income return to labor. • A guide for a course of action. • income return to owners of capital. • Giving up one thing for something else. • Goods that are produced for final buyers. • Conditions held to be true within a model. • Income return to owners of land resources. • Goods used in production of other goods/services. • ...
Economics Systems "Quiz" 2025-02-10
Across
- a determinant of supply; if supply changes for a product that is used with another it causes a shift in production (ex. hot dogs and buns)
- one of the key features of a free enterprise system; allows individuals to earn wealth through their own initiative
- determinant of demand; if the economy is doing well demand rises due to the amount of money people are making
- a point where the amount of goods sellers want to sell equals the amount buyers want to buy
- a determinant of both supply and demand
- type of economic system in which custom and tradition define the economy
- the amount of goods/services that consumers are willing and able to purchase
- government payments to a business to manage supply/demand
- determinant of demand; an increased number of buyers increases demand
- type of economic system where consumers determine products by supply and demand
- a determinant of supply; shifts supply to the right because it becomes more efficient to produce goods
- macroeconomic goal where prices fluctuate very little making it easier for businesses to plan for the future
Down
- the ____________ intervenes in the economy through policies and regulations, taxes, and subsidies among other things
- macroeconomic goal in which everyone is working meaning the government makes more and spends less
- type of economic system in which the government owns and directs everything
- type of economic system that involves some government intervention
- the most wondefulest social studies teacher (don't judge me guys I needed a 20th word/phrase for this puzzle!)
- a determinant of supply; shifts supply to the left because the number of sellers has increased
- another name for capitalism or a market economy
- the amount of goods/services that producers are willing and able to offer for sale
20 Clues: a determinant of both supply and demand • another name for capitalism or a market economy • government payments to a business to manage supply/demand • type of economic system that involves some government intervention • determinant of demand; an increased number of buyers increases demand • type of economic system in which custom and tradition define the economy • ...
Ava's Economics Puzzle 2025-03-13
Across
- how many people want to buy a product
- the work someone does
- when a product is hard to find
- a person who buys a product
- money you have to pay back
- rivalry between companies
- money that is paid to the government
- the U.S has a --- economy
- the amount a company has of something
- a tax on the goods you buy
Down
- looking for items similar to the one you want
- the amount of money someone is paid for working
- a plan for how much money will be spent in a time period
- a service in which you put money in the bank to slowly take out over time
- the tools you need to make things
- a tax that is charged on the money you earn
- doing one thing very well in a company
- a person who takes a risk to start a business
- the total amount of something a company can produce
- when a product is easy to find
20 Clues: the work someone does • rivalry between companies • the U.S has a --- economy • money you have to pay back • a tax on the goods you buy • a person who buys a product • when a product is hard to find • when a product is easy to find • the tools you need to make things • money that is paid to the government • how many people want to buy a product • ...
dentograph dental economics 2025-03-14
Across
- – The heart of any dental practice.
- – What strong branding and experience build.
- – Putting money into something expecting growth.
- – The core service of any dental practice.
- – Paid promotion to attract patients.
- – A bill issued for dental services.
- – Keeping patients coming back.
- – The first step in a patient’s treatment journey.
- – Money set aside for future investments.
- – The overall financial climate affecting practices.
- – What every business aims for.
- – Hiring and managing a dental team.
- – Movement of money in and out of a practice.
- – A well-thought-out plan for success.
- – Premium dental services often fall into this category.
- – When costs of materials and services rise.
Down
- – Other clinics in the same market.
- – Deciding the cost of services.
- – Expanding services to increase revenue streams.
- – Recurring expenses like rent and salaries.
- – Built over time through excellent service.
- – Money owed by a business or individual.
- – The specific audience a marketing plan focuses on.
- – Scheduled time for a patient visit.
- – Creating a unique identity for your practice.
- – Cost for clinic space if not owned.
- – Building professional relationships for growth.
- – The price of materials or services.
- – Reduction in value of dental equipment over time.
- – Total income before expenses.
- – A powerful tool for dental promotions.
- – When a happy patient sends someone new.
- – Compensation for employees.
33 Clues: – Compensation for employees. • – Keeping patients coming back. • – Total income before expenses. • – What every business aims for. • – Deciding the cost of services. • – Other clinics in the same market. • – The heart of any dental practice. • – A bill issued for dental services. • – Hiring and managing a dental team. • – Paid promotion to attract patients. • ...
Fundamentals of Economics 2025-08-28
Across
- The act of giving up one benefit in order to gain another
- A physical object that is produced
- Monetary assets used to produce goods and services
- Human-made objects that are used to produce other goods and service; also called "capital goods"
- The effort people devote to tasks to which they are paid
- A point that exists inside the production possibilities curve that underutilizes reources
- Paper or other symbols used as a promise to pay later
- The study of how people seek to satisfy their needs and wants by making choices.
- The most desirable option that is given up as a result of a choice
- The extra cost of one unit
- The knowledge and skills a worker gains through education and experience
- The direct exchange of one good or service for another
- A point that exists outside the production possibilities curve that is impossible given current resources
Down
- The extra benefit of one unit
- A point that exists on the production possibilities curve that utilizes all resources available
- When we use money to determine value during the exchange of goods and services
- Money has value because society agrees that it does
- A person who takes a risk to combine resources into a good or service
- All natural resources used to produce goods and services
- Actions or activities that one person performs for another
- When money retains its value by being store instead of spent
- When we use money to compare the value of goods and services
- A graph that shows alternative ways to use an economy's resources
- An object has inherent value
- The concept that limited goods and services are available to meet unlimited wants
25 Clues: The extra cost of one unit • An object has inherent value • The extra benefit of one unit • A physical object that is produced • Monetary assets used to produce goods and services • Money has value because society agrees that it does • Paper or other symbols used as a promise to pay later • The direct exchange of one good or service for another • ...
Economics and Business 2025-07-24
Across
- - The exchange of goods and services.
- - The amount of a product available.
- - A place where people keep their money.
- - Money made after all expenses are paid.
- - When expenses are more than income.
- - How much people want a product.
- - The money used in a particular country.
- - A person who starts a business.
- - Money spent on something.
- - Extra money paid when borrowing or earned when saving.
Down
- - Money set aside for future use.
- - Money borrowed that must be paid back.
- - A plan for how to spend money.
- - A person who buys goods and services.
- - The system of how money is made and used within a country.
- - Putting money into something to make a profit.
- - An organisation that sells goods or services.
- - A place where goods and services are bought and sold.
- - A person or company that makes goods or provides services.
- - Money received, especially on a regular basis.
20 Clues: - Money spent on something. • - A plan for how to spend money. • - Money set aside for future use. • - How much people want a product. • - A person who starts a business. • - The amount of a product available. • - The exchange of goods and services. • - When expenses are more than income. • - A person who buys goods and services. • - Money borrowed that must be paid back. • ...
Economics and Government 2025-10-30
Across
- A limit on the amount of a product that can be imported into a country.
- A system of government in which the people hold the power, often through voting.
- A combination of market and command economies; both individuals and the government make economic decisions.
- A government in which one person has all the power.
- The number of people in a country who can read and write
- Goods or services brought into a country from another country.
- The ability and willingness to start a business, take risks, and bring together resources to produce goods or services.
- A group of oil-producing countries that work together to control oil prices and production levels.
- A government ruled by a king or queen who has total power and is not limited by laws or a constitution.
- An economy based on customs, traditions, and beliefs, often using bartering instead of money.
- The skills, education, and abilities of workers that make them productive.
- A government order that stops trade with another country, often for political reasons.
Down
- An economic system where the government makes all decisions about what to produce, how to produce, and for whom to produce.
- The process of changing one country’s money into another country’s money to trade or travel internationally.
- A democratic system where citizens elect both the legislature and the president separately.
- When a country or business focuses on producing certain goods or services it can make best and most efficiently.
- A tax placed on imported goods to make them more expensive and encourage people to buy local (domestic) products.
- Materials from nature, like water, minerals, forests, and oil, used to make goods and services.
- The level of wealth, comfort, and material goods available to a person or community.
- The machines, tools, factories, and technology used to produce goods and services.
- Goods or services sold and sent to another country.
- A republic that is governed by Islamic law (Sharia) and often led by religious leaders.
- An economy where decisions are made by individuals and businesses based on supply and demand, with little government involvement.
- A democratic system where the legislature (parliament) chooses the head of government, usually called a prime minister.
24 Clues: A government in which one person has all the power. • Goods or services sold and sent to another country. • The number of people in a country who can read and write • Goods or services brought into a country from another country. • A limit on the amount of a product that can be imported into a country. • ...
Sports Economics Terminology 2025-12-18
Across
- when a few firms dominate an industry
- providing additional funds to support a market
- the natural state of the world when there is unlimited wants
- someone who benefits without contributing expenditures in a market
- what is foregone by engaging in an economic activity, commonly the NEXT best alternative (2)
- when businesses compete for customers
- schedule of amount offered for sale at various prices
- Revenue in excess of expenses
- The ability of a firm to prevent certain consumers from benefitting from a good
- additional expenses occurred (2words)
- how we expect the average consumer to behave
- a stimulus to spur an action
- the additional output from adding another input [labor](2)
- to measurement that tracks consumer demand (3)
- best outcome
- showing consumers intended purchases at various prices
Down
- what an inefficient market creates (3words)
- strategic decision making process (2)
- additional benefit to market participants in excess of obtaining the good or service (2)
- when a market produces too much of a good
- an alternative [good]
- expenses that do not change as output increases (2)
- To charge different prices to different types of consumers (2)
- a time period NOT long enough to change ALL inputs (2)
- when a market cannot provide enough of a good
- all incoming income (2)
- one firm operating in a market
- where buyers and sellers come together to interact (2)
- a collusive group of firms
- how responsive a market is to a change [typically in price]
- a metric showing how a few dominate an industry
- how government attempts to influence outcomes (2)
- a period of time where ALL inputs are variable(2)
33 Clues: best outcome • an alternative [good] • all incoming income (2) • a collusive group of firms • a stimulus to spur an action • Revenue in excess of expenses • one firm operating in a market • when a few firms dominate an industry • strategic decision making process (2) • when businesses compete for customers • additional expenses occurred (2words) • ...
GL 4 2022-07-19
10 Clues: awesome • friend/mate • conversation • in the beginning • related to business • focus at university • final exams in school • to goto/to participate • person ruling a country • rest of an old building
Damon and Claire's Crossword 2020-11-19
Across
- Citizens make desicions
- Makes the products/
- individual rallying country
- one-man rule with no constitution/
- market government makes decisions
- votes for representatives/
Down
- Kings and Queens rule
- Ship the goods out/
- No rules
- person who buys the product/
- get shipped into/
- Final value of goods
- producing, selling, and buying goods
13 Clues: No rules • get shipped into/ • Ship the goods out/ • Makes the products/ • Final value of goods • Kings and Queens rule • Citizens make desicions • votes for representatives/ • individual rallying country • person who buys the product/ • market government makes decisions • one-man rule with no constitution/ • producing, selling, and buying goods
Crossword 1 2025-11-11
Across
- Company leader
- Striving for success
- Having a rich imagination
- Believing in one's abilities
- Specialist in economics
- Achieving goals despite obstacles
Down
- Works at construction sites
- Staying peaceful
- Creator of building designs
- pair Household helper from abroad
- Showing concern for others
- In good physical condition
- Having a quick mind
13 Clues: Company leader • Staying peaceful • Having a quick mind • Striving for success • Specialist in economics • Having a rich imagination • Showing concern for others • In good physical condition • Works at construction sites • Creator of building designs • Believing in one's abilities • Achieving goals despite obstacles • pair Household helper from abroad
Crossword 1 2025-11-10
Across
- Believing in one's abilities
- director Company leader
- Having a quick mind
- Having a rich imagination
- Staying peaceful
- Works at construction sites
Down
- Achieving goals despite obstacles
- Striving for success
- Specialist in economics
- Showing concern for others
- In good physical condition
- Household helper from abroad
- Creator of building designs
13 Clues: Staying peaceful • Having a quick mind • Striving for success • Specialist in economics • director Company leader • Having a rich imagination • Showing concern for others • In good physical condition • Creator of building designs • Works at construction sites • Believing in one's abilities • Household helper from abroad • Achieving goals despite obstacles
crossword 1 2025-11-10
Across
- Striving for success
- worker Works at construction sites
- Staying peaceful
- Achieving goals despite obstacles
- pair Household helper from abroad
- Having a rich imagination
- Creator of building designs
Down
- Specialist in economics
- Believing in one's abilities
- Having a quick mind
- director Company leader
- In good physical condition
- Showing concern for others
13 Clues: Staying peaceful • Having a quick mind • Striving for success • Specialist in economics • director Company leader • Having a rich imagination • In good physical condition • Showing concern for others • Creator of building designs • Believing in one's abilities • Achieving goals despite obstacles • pair Household helper from abroad • worker Works at construction sites
Money crossword 2024-12-05
12 Clues: Cost • Greed • no charge • Making money • Spending plan • system of money • ticket to get rich • A large amount of money • Money owed to government • When someone is low on money • A person who gets hired by a boss • Production, distribution and consumption
James towne busines 2018-05-28
Across
- is a price that consumers to pay
- is consumers and suppliers want to pay
- thing to do at home
- someone want to buy it
- to see opportunity
- a pet
- is the study
- human effort
Down
- take away food
- can be use to produce
- is a price that consumers to pay
- a fear lion
- nature land
- something you want
- something your need in life
- consumers want to pay
- a sport to play
- made by people
- items that satisfy
19 Clues: a pet • a fear lion • nature land • is the study • human effort • take away food • made by people • a sport to play • something you want • to see opportunity • items that satisfy • thing to do at home • can be use to produce • consumers want to pay • someone want to buy it • something your need in life • is a price that consumers to pay • is a price that consumers to pay • ...
Dystopia Crossword 2025-05-08
Across
- actions that benefit the people are good
- Peaceful and Perfect World
- To watch
- peace
- Controlling governmennt
- Staying away form reality
- A state of uncomfort
- Bad and Chaotic world
- A state of disorder
- To take away human rights
Down
- An event that causes worldwide chaos
- greed
- Friendship
- Leader that wants war
- A system based of economics
- the state of being equal
- A system of elected estocracy
- Misleding information
18 Clues: greed • peace • To watch • Friendship • A state of disorder • A state of uncomfort • Leader that wants war • Misleding information • Bad and Chaotic world • Controlling governmennt • the state of being equal • Staying away form reality • To take away human rights • Peaceful and Perfect World • A system based of economics • A system of elected estocracy • An event that causes worldwide chaos • ...
cooking at school 2020-10-28
Grade 5 year 2023-12-05
Social Studies, Geography & Mapping 2021-09-16
Across
- The study of Earth's surface and the way people use it
- the way people use resources to meet their needs, often money
- The five themes of Geography are human-environment interaction, region, place, location & ___________
- interaction the relationship between people and their environment
- how people, products, and ideas travel from one place to another
Down
- an area (of land) that has unifying or similar characteristics
- The five themes of Social Studies are History, Geography, Economics, Culture & ______________
- What happened in the past
- a system of laws and leaders that help people live together successfully
- people's way of life (religion, food, music, traditions, etc.)
10 Clues: What happened in the past • The study of Earth's surface and the way people use it • the way people use resources to meet their needs, often money • an area (of land) that has unifying or similar characteristics • people's way of life (religion, food, music, traditions, etc.) • how people, products, and ideas travel from one place to another • ...
wedding 2025-04-08
Across
- high school the couple attended
- black cats name
- tabby cats name
- jason's favorite dessert
- maddie's college major
- maddie's sorority
- couple's first date activity
Down
- honeymoon destination
- tv show currently binging
- jason's college major
- number of years the couple has been together
- college the couple attended
- couple's favorite sport team
13 Clues: black cats name • tabby cats name • maddie's sorority • honeymoon destination • jason's college major • maddie's college major • jason's favorite dessert • tv show currently binging • college the couple attended • couple's favorite sport team • couple's first date activity • high school the couple attended • number of years the couple has been together
Economics & Taxes Crossword 2021-03-17
Across
- A tax system that levies the same percentage on products or goods purchased regardless of the buyer's income and therefore affects disproportionately low income earners.
- Monetary inflation occurring at a rapid, excessive, and out-of-control rate. Typically prices increase more that 50% per month.
- A tax based on wages, salaries, and tips paid to employees that are withheld from the employee's salary by an employer who remits it to the government on their behalf. (Typically payroll taxes are divided into a few main categories, such as Medicare and Social Security, as well as federal unemployment programs.)
- A tax system that is based on the taxpayer's ability to pay. It imposes a higher tax percentage rate on taxpayers with higher incomes, and a lower tax rate on low-income earners.
- A tax on items or services considered undesirable or harmful.
- A form of structural unemployment, associated with the decline of certain industries, that is heavily concentrated in particular regions.
- A tax charged by the government on the sale of a particular good or service, usually alcohol, fuel, and tobacco, the taxes are included in the price of the product.
- A tax system that applies the same tax rate or percentage to everyone. Usually a fixed rate, that is the same for low, middle, and high-income taxpayers. Proportional taxes are sometimes referred to as flat taxes.
- A tax based on the value of the property, usually real estate, paid by the property owner or other legal entity to the local government.
- A situation when a person is unemployed because of not being able to find employment of their own choice, not accepting a job because of the wage rate, or they are satisfied with the amount they receive from government benefits while not working.
- The combination of two economic principles of stagnation and rising inflation.
- A situation when workers experience unemployment at particular times of the year when the demand has decreased.
Down
- A tax that is imposed directly on income generated by businesses and individuals.
- A general increase in prices and fall in the purchasing value of money.
- A type of unemployment which is related to the cyclical trends in the industry or the business cycle, unemployment that results directly from cycles of economic upturn and downturn.
- Refers to a prolonged period that lacks movement, such as activity, growth, or development in the economy.
- A service or product that gains a competitive advantage by being the first to market with a product or service (three words).
- A tax based on the market value of an entity's owned assets. (This includes the total value of personal assets, including cash, bank deposits, real estate, assets in insurance and pension plans, ownership of unincorporated businesses, financial securities, and personal trusts.) Also called “capital tax” or “equity tax.”
- A type of unemployment resulting from industrial reorganization, typically due to technological change.
- A type of unemployment. The result of voluntary employment transitions within an economy, due to the process of workers choosing to leave their jobs in search of another.
- A fixed price charged for a specific service, usually for recouping costs of operation. Fees are applied in a variety of ways such as costs, charges, admissions, and penalties.
21 Clues: A tax on items or services considered undesirable or harmful. • A general increase in prices and fall in the purchasing value of money. • The combination of two economic principles of stagnation and rising inflation. • A tax that is imposed directly on income generated by businesses and individuals. • ...
Chapter 2 Economics 2021-01-15
Across
- natural aversion of risk
- to make sure you get your money back
- wage after taking of payroll
- damage the insurant has to pay
- borrowed money for having real estate
- a loan for having consumer goods
- to loan someone else's money
- change you take of damaging something
- risk of insurer because of unethical behavior
- putting money in shares to earn
- money going straight to government
Down
- money paid to the government
- pay for goods and services
- the paying back of a loan
- the price you pay for your own risk
- wage you agree on with employer
- money added to price in store
- doing something to help others
- price to pay for saving money
- keeping money aside
20 Clues: keeping money aside • natural aversion of risk • the paying back of a loan • pay for goods and services • money paid to the government • wage after taking of payroll • to loan someone else's money • money added to price in store • price to pay for saving money • damage the insurant has to pay • doing something to help others • wage you agree on with employer • ...
HASS ECONOMICS Crossword 2020-04-28
Across
- A system which allows private ownership of the factors of production
- The study of how people use scarce resources to satisfy needs and wants
- National Company A company which operates in several countries with its headquarters in the parent country. (Apple)
- A system where all factors of production, distribution and consumption of goods and services are controlled by the government
- Action of only doing one part of the process
- market Place where goods and services are bought and sold (Coles, Seek.com, Fremantle markets) Same as Market
- market Place where factors of production are bought and sold.
- of production Raw materials used to make goods and services (land, labour, capital & enterprise)
- Payment per hour for labour
- An economy where people produce only enough goods and services for their own family
- Money paid at a particular rate for the money lent
- That part of earnings not spent
- Organisations that make goods and services
- Used to pay for goods and services
- Financial assistance given to people by the Government
- Payment for use of land
- All resources provided by nature
- Situation where demand is greater than supply
- Place where goods and services are bought and sold.
- Income flows which are added to the Circular Flow of Income model (investment, govt. spending, exports)
- Goods and services sold overseas
- Payment earned by entrepreneurs
- Basic units used to make goods and services
- National Company A company that operates in many countries with independent headquarters in each.(McDonalds)
- Income flows that are removed from the Circular Flow model. (savings, tax, imports)
Down
- Final users of goods and services to satisfy their needs and wants
- A system where factors of production are owned by the government
- Ability to combine all resources to make something (plan, recipe, system etc)
- Compulsory government levy
- Physical items used by consumer and services for a profit
- Cost The cost of the next-best alternative opportunity
- Where actions by one party have impacts on another, particularly economically.
- Organization with authority to make decisions for the population
- Goods and services which we desire but don’t need
- All human effort, both physical and intellectual
- An organization that sells goods
- chain Complex group of firms in many countries each producing a component of a final product.
- Purchase of new capital
- Basic necessities for life
- Handles money for households and firms
- Goods and services bought from overseas
- Reward for the use of resources
- Equipment used to make goods and services
- Actions done for consumers by producers
- Payment per year for labour
45 Clues: Purchase of new capital • Payment for use of land • Compulsory government levy • Basic necessities for life • Payment per hour for labour • Payment per year for labour • That part of earnings not spent • Reward for the use of resources • Payment earned by entrepreneurs • An organization that sells goods • All resources provided by nature • Goods and services sold overseas • ...
Year 9 Economics 2020-04-28
Across
- market Place where goods and services are bought and sold (Coles, Seek.com, Fremantle markets) Same as Market
- Action of only doing one part of the process
- of production Raw materials used to make goods and services (land, labour, capital & enterprise)
- All resources provided by nature
- Cost The cost of the next-best alternative opportunity
- Basic units used to make goods and services
- Purchase of new capital
- Basic necessities for life
- Reward for the use of resources
- Place where goods and services are bought and sold.
- A system which allows private ownership of the factors of production
- Payment per year for labour
- National Company A company that operates in many countries with independent headquarters in each.(McDonalds)
- market Place where factors of production are bought and sold.
- Payment per hour for labour
- The study of how people use scarce resources to satisfy needs and wants
- Used to pay for goods and services
- Money paid at a particular rate for the money lent
- A system where all factors of production, distribution and consumption of goods and services are controlled by the government
- Equipment used to make goods and services
Down
- Ability to combine all resources to make something (plan, recipe, system etc)
- Financial assistance given to people by the Government
- Payment earned by entrepreneurs
- All human effort, both physical and intellectual
- Final users of goods and services to satisfy their needs and wants
- A system where factors of production are owned by the government
- Goods and services sold overseas
- Physical items used by consumer and services for a profit
- Payment for use of land
- An organization that sells goods
- National Company A company which operates in several countries with its headquarters in the parent country. (Apple)
- Organization with authority to make decisions for the population
- Income flows that are removed from the Circular Flow model. (savings, tax, imports)
- Institution which handles money for households and firms
- Income flows which are added to the Circular Flow of Income model (investment, govt. spending, exports)
- Actions done for consumers by producers
- Where actions by one party have impacts on another, particularly economically.
- That part of earnings not spent
- Organisations that make goods and services
- An economy where people produce only enough goods and services for their own family
- Goods and services bought from overseas
- Situation where demand is greater than supply
- Goods and services which we desire but don’t need
- Compulsory government levy
- chain Complex group of firms in many countries each producing a component of a final product.
45 Clues: Payment for use of land • Purchase of new capital • Basic necessities for life • Compulsory government levy • Payment per year for labour • Payment per hour for labour • Payment earned by entrepreneurs • Reward for the use of resources • That part of earnings not spent • Goods and services sold overseas • An organization that sells goods • All resources provided by nature • ...
Economics Key Words 2020-04-29
Across
- Organization with authority to make decisions for the population
- Situation where demand is greater than supply
- Goods and services sold overseas
- All human effort, both physical and intellectual
- An organization that sells goods
- Goods and services which we desire but don’t need
- Basic necessities for life
- The cost of the next-best alternative opportunity
Down
- Place where goods and services are bought and sold
- Action of only doing one part of the process
- Final users of goods and services to satisfy their needs and wants
- Purchase of new capital
- Basic units used to make goods and services
- Physical items used by consumer and services for a profit
- Institution which handles money for households and firms
- Payment earned by entrepreneurs
- Income flows that are removed from the Circular Flow model
- Ability to combine all resources to make something
- Actions done for consumers by producers
- Equipment used to make goods and services
20 Clues: Purchase of new capital • Basic necessities for life • Payment earned by entrepreneurs • Goods and services sold overseas • An organization that sells goods • Actions done for consumers by producers • Equipment used to make goods and services • Basic units used to make goods and services • Action of only doing one part of the process • ...
Economics A2 Micro 2020-04-21
Across
- Sometimes crossed into Microeconomics
- I paid people $40 USD to buy me (20/04/2020)
- We should be there for Micro Economics
- According to INTELLIGENT ECONOMIST MasterCard and Visa are considered this
- I shrink when people suddenly die
- The diamond industry is considered one
- The number of businesses which are involved at different in the production and distribution of a single good
- Lost their triple-A rating
- The ghost always left it unplugged
- Made conclusions fun and easy to format
- Jackie's dad talk to us about it
- We stick together to benefit the majority
- A theory which considers what would be the outcomes if two or more players were interdependent and made certain choices
- _____ flies in micro economics
- the transfer of organisations or assets from state ownership to private sector ownership
- Beyonce had one of these with Pepsi
- my actions will affect you
- 5th of march 2020 I put my wings away
- A market with a lot of activity and large firms
- Deadweight
- on the 18/04/2020 this company entered voluntary administration
- A way in which oligopolies are price competitive
- Fixing a ___________ price for a monopolist makes the average and marginal revenue curves horizontal for part of these curves
- The movement of people from one place to another with the intentions of settling, permanently or temporarily at a new location
- I am at the end when trying to calculate concentration ratio questions
- machines took my job
- - Economies of scale
Down
- enter a market low leave high
- Direct tax type
- The proportion of a firm's workforce that leaves during the course of a year.
- Support for people who are ill, unemployed, on a low income or are too old to work
- A market where there is freedom of entry to the industry and where costs of exit are low
- Exists when there is only one buyer in the market
- Lets talk about how we can make more money compared to other competitions
- A barrier to entry and or exit
- 2007.
- All information is out there
- Not knowing
- OmniCola, Juice-Up, Super Soda, and King Caffeine have a four firm what?
- Spooky scary
- Measures whether resources are allocated to those goods and services demanded by consumers
- percentage of market _________
- Per Year
- An indirect or overhead cost
- a fixed regular payment earned for work or services
- Businesses
- governments loosening the rains so to speak
- All things equal
- I treat you unfairly
- Martin use a _______
- The UK's finest + a public sector firm
51 Clues: 2007. • Per Year • Businesses • Deadweight • Not knowing • Spooky scary • Direct tax type • All things equal • I treat you unfairly • Martin use a _______ • machines took my job • - Economies of scale • Lost their triple-A rating • my actions will affect you • All information is out there • An indirect or overhead cost • enter a market low leave high • A barrier to entry and or exit • ...
Economics Key Terms 2020-07-23
Across
- the study of the economic behavior and decision making of small units (individuals, families or businesses)
- the act of giving up one benefit in order to gain another greater benefit
- produced means of production
- a good that can be used in place of another
- interaction of demand for and the supply of outputs of production
- a good that typically pairs with another good
- supply and demand interact to determine this at a certain quantity produced
- a measure of how consumers react to a change in price
- the amount of a resource that consumers are willing to purchase
- physical objects that someone produces
- the extra cost of adding one unit
- the financial gain made from a transaction (x = selling price - costs)
- the concentration of productive efforts of individuals and firms on a limited number of activities
- this is what you give up to make a decision
- supply and demand interact to determine this at a certain price level
Down
- organizing factors of production for the purpose of making profit
- a good that consumers demand less of when their incomes increase
- a good that consumers demand more of when their incomes increase
- an expectation that encourages people to behave in a certain way
- a non-tangible action or activity one person performs for a price
- an organization that uses resources to produce a product, which it then sells
- the extra advantage of adding the same unit
- limited amounts of goods and services are available to meet unlimited wants
- the study of the behavior and decision making of entire economies
- human effort to produce goods, in exchange for income
- graphical representation of all possible combinations of the production of two goods that an economy can produce
- total market value of all final goods and services produced in the economy over a period of time
- the amount of a resource that firms are willing to supply
- the study of how people seek to satisfy their needs and wants by making choices
- the struggle among producers for consumers' money
30 Clues: produced means of production • the extra cost of adding one unit • physical objects that someone produces • a good that can be used in place of another • the extra advantage of adding the same unit • this is what you give up to make a decision • a good that typically pairs with another good • the struggle among producers for consumers' money • ...
Intro to Economics 2020-08-16
Across
- the development of skills in a specific kind of work
- the study of scarcity and choice
- a reward or enticement that encourages a behavior
- resources that are raw materials from nature used to produce goods
- an economic system in which the government controls a country' economy
- an economic system in which resources are primarily owned and controlled by the private sector
- the products and/or services that an organization produces
- an incentive that gives a penalty to discourage behavior
- the value of a particular product compared to the amount of labor needed to make it
- people who work to produce goods and services
- the additional benefit associated with an action
- a person who starts up and takes on the risk of a business
- an economy that consists of mostly subsistence agriculture
- phrase coined by Adam Smith to refer to the self-regulating nature of a free market
Down
- the cost that is the most desirable alternative given up as the result of a decision
- land, labor, and capital; the three groups of resources that are used to make all goods and services
- a market based economic system with limited government involvement
- the limited nature of society's resources
- the frontier or line on a graph that shows maximum possible output
- the specific economic resources used in producing goods and services
- the human-made objects used to create other goods and services
- the methods societies use to produce and distribute resources
- basic requirements for human survival
- the principle type of exchange that people may decide what, when, and how they will buy and sell
- desires that can be satisfied by consuming a good or service
25 Clues: the study of scarcity and choice • basic requirements for human survival • the limited nature of society's resources • people who work to produce goods and services • the additional benefit associated with an action • a reward or enticement that encourages a behavior • the development of skills in a specific kind of work • ...
economics culminating project 2021-06-09
Across
- the fed and congress should use contractionary policies when theres this kind of problem
- a chart showing the quantity demanded of a good or service at different times. (2 words no spaces)
- a mix of recession and inflation together
- trade restriction that limits the number or value of goods that a country can import or export during a particular period.
- what is the worse kind of unemployment?
- when everyone wealthy or not pays the same percentage of their income in taxes
- a kind of unhealthy economy, it's when GDP is shrinking and the unemployment is too high
- people who want to limit international trade.
- how can the government spend more money than it collects in taxes?
- consumer price index
- the main measure of overal price increase
Down
- besides low inflation and economy growth what else does an economy need to be healthy?
- when the government spends MORE money than they get in taxes. (2 words no spaces)
- the largest category of gov spendings
- people who dont want to limit international trade(2 words no spaces)
- federal spending authorized by law and continues without the need for annual approvals by congress (2 words no spaces)
- policy by the fed to increase money supply
- the sum of all persons age 16 and up who are either working or looking for a job
- when people with larger incomes pay a higher percent of their income in taxes
- when people with lower incomes pay a higher percentage of their taxes.
- the higher the price of a good, the less people are going to buy it, and vice versa.(3 words no spaces)
- a minimum price for a product/resource (2 words no spaces)
- gross domestic product
- shortage and ___ are the two different kinds of disequilibrium
- tax that's to be paid on a particular class of imports or exports.
25 Clues: consumer price index • gross domestic product • the largest category of gov spendings • what is the worse kind of unemployment? • a mix of recession and inflation together • the main measure of overal price increase • policy by the fed to increase money supply • people who want to limit international trade. • a minimum price for a product/resource (2 words no spaces) • ...
Exam Review - Economics 2021-12-13
Across
- Opportunity cost states that there is no such thing as a ________ lunch. There is always a cost for the choices you make.
- The key to trade is __________.
- Consists of 27 member states in Europe; also known as the European Community (EC).
- All resources are limited.
- Goods purchased from another country and brought into a home country (coming into a country).
- A good that is unable to be touched or grasped, not having physical presence. Another name for "service."
- A factor of production; people who invest time and money to run a business.
- An example of this kind of good is hot dogs and hot dog buns, waffles & syrup. When one price goes up, it may affect the sales of the other.
- When producers make too much of a product and have to reduce the price to sell it.
- This acronym represents an agreement that was signed by 23 countries; it did away with import quotas and reduced the price of tariffs.
- There is an opposite relationship between price and quantity. When the prices goes down, consumers buy more.
- The study of the way a nation (or business or person) uses its limited resources to satisfy unlimited wants and needs.
- When the price of one country's currency is described in terms of another country's currency.
- A listing that shows the quantity demanded (of a product) at all prices that may occur in a market at a given time.
- Goods bought and used by customers, rather than by manufacturers for producing other goods.
- In this type of economy, government controls the factors of production.
- Goods we buy often and can't live without (toothpaste, water, milk, bread).
- The study of the economics of a small unit, such as a family or business.
- This economic system is commonly found in rural settings or in 2nd/3rd world nations.
- The way a nation uses its productive resources to produce and distribute goods and services.
Down
- This concept means less government involvement; supply and demand will govern the market by themselves, there's no need for government interference.
- The quantities of a product consumers are willing and able to buy at various prices given a period of time.
- This acronym represents a tax in Europe that is distributed to members based on need.
- Limits based on the quantities that can be imported.
- Goods sold from a home country to another outside country (going out of a country).
- In this type of economy, there is market competition and private ownership of land.
- When producers do not make enough of a product.
- There is a direct relationship between price and quantity. If sellers can get a higher price, they will make more of a product.
- An order by government prohibiting movement of ships into or out of ports.
- The quantities of a product that sellers are willing and able to produce at a given price.
- The single currency in Europe that replaced individual nation currencies.
- This acronym represents a trade organization that consists of 142 countries around the world.
- A good meant to last for a short time or have a one-time use.
- Inexpensive items that require little effort to buy, usually unplanned purchases.
- A factor of production; money, buildings, equipment and tools used to run a business.
- When a country is able to produce more of a given product than another, it has a(n) __________.
- When a country earns more on exports than it spends on imports, there is a ________.
- The study of the economics of an entire country.
- The point where the supply curve and the demand curve intersect.
- A factor of production; everything contained in the earth or sea.
- When a country spends more on imports than it earns on exports, there is a ________.
- This acronym represents an agreement that made trade easier among the U.S., Canada, and Mexico.
- In this type of economy, there is more government involvement than capitalist nations, but government runs key industries such as transportation and banking.
- Any good you can physically touch.
- The amount earned when calculating the equilibrium (price x qty).
- The Father of Economics.
- A good meant to last for years.
- A factor of production; all people who work.
- Taxes placed on imports.
49 Clues: The Father of Economics. • Taxes placed on imports. • All resources are limited. • The key to trade is __________. • A good meant to last for years. • Any good you can physically touch. • A factor of production; all people who work. • When producers do not make enough of a product. • The study of the economics of an entire country. • ...
Economics Topic 2 2022-01-19
Across
- the principle that everyone has the same legal rights
- a period of change in which a nation moves from one economic system to another
- the process of selling businesses or services operated by the government to individual investors, and then allowing them to compete in the marketplace
- the struggle among producers for the dollars of consumers
- government aid to the poor
- love of one’s country
- property that is owned by individuals or companies, not by the government or the people as a whole
- the amount of money a business receives in excess of its expenses
- an economic side effect of a good or service that generates benefits or costs to someone other than the person deciding how much to produce or consume
- a person or group of people living in a single residence
- another name for a centrally planned economy
- the study of economic behavior and decision-making in small units, such as households and firms
- economic system that has some market-based elements and some level of government involvement
Down
- a set of government programs that protect people who face unfavorable economic conditions
- a political system in which the government owns and controls all resources and means of production and makes all economic decisions
- the income people receive in return for supplying factors of production
- the part of the economy that involves the transactions of the government
- the incentive that drives individuals and business owners to improve their material well-being
- a government license that grants an author exclusive rights to publish and sell creative works
- any arrangement that allows buyers and sellers to exchange things
- describes a form of government that limits individual freedoms and requires strict obedience from its citizens
- the principle that people may decide what agreements they want to enter into
- the process of bringing new methods, products, or ideas into use
- an organization that uses resources to produce a product or service, which it then sells
- the basic facilities that are necessary for a society to function and grow
- the study of economic behavior and decision-making in a nation’s whole economy
- a government license that gives the inventor of a new product the exclusive right to produce and sell it
- a range of economic and political systems based on the belief that wealth should be distributed evenly throughout a society
28 Clues: love of one’s country • government aid to the poor • another name for a centrally planned economy • the principle that everyone has the same legal rights • a person or group of people living in a single residence • the struggle among producers for the dollars of consumers • the process of bringing new methods, products, or ideas into use • ...
Economics Key Terms 2022-03-03
Across
- Tangible items produced for personal use
- The quantity of a good or service that buyers are ready to buy
- Tangible objects that can be manufactured or produce for resale
- The best time for consumers to buy
- People who work to produce goods or services
- Manufactured items that are used in production
- Result from the gap between unlimited wants and limited needs
- usefulness
- Intangible activities that are preformed by other people for money
- An indication of how changes in price will affect changes in the amounts demanded and supplied
- Actual price that prevails in a market
- Amount paid for a good, service, or resource
Down
- User of goods and services
- A marketing/business function that is responsible for moving, storing, locating, and/or transferring ownership.
- The study of how to meet unlimited, competing want with limited resources
- The process of trading one good/service for another
- A function of relative prices that determines who gets the goods and services produced
- A desire for something that may or may not be required
- The quantity of a good or service
- The process or activity of using goods and services
20 Clues: usefulness • User of goods and services • The quantity of a good or service • The best time for consumers to buy • Actual price that prevails in a market • Tangible items produced for personal use • People who work to produce goods or services • Amount paid for a good, service, or resource • Manufactured items that are used in production • ...
Economics Final Assignments 2021-06-07
Across
- unemployment involving workers changing jobs or waiting to go to new ones
- unemployment caused by annual changes in weather or other conditions that reduce the demand for jobs
- the worth that can be expressed in dollars and cents
- products or services that can be easily replaced with another
- ratio between outputs and inputs
- a commercial bank that is a member of, and hold shares of stocks in, the Fed banks
- easy way to achieve distribution, that is, investing in a large number of companies instead of just one.
- there is no such thing as free lunch
- a bank that can lend to other banks in times of need
- rapid uncontrollable inflation
- imposes the same percentage rate of taxation on everyone.
- other related goods
- an increase in prices in general
- the struggle amongst sellers to attract customers.
- unemployment directly related to swings in the business cycle
Down
- people invest in funds that are located in a specified area, other than the US
- unemployment caused by a fundamental change in the economy that reduces the demand for some workers
- the benefit gained from consuming one additional unit of a good or service.
- the amount of a good or service that producers are willing to produce at different prices
- something we would like to have but is not necessary.
- the use of scarce resources, and nearly all other economic activity, stems from a ritual custom.
- a tax imposes a higher percentage rate of taxation on people with higher incomes
- a benefit given by the government to an individual or a business
- the amount of a good or service that customers are willing to purchase at different prices.
- when the economic system is controlled by private owners and businesses.
- a basic requirement for survival
26 Clues: other related goods • rapid uncontrollable inflation • ratio between outputs and inputs • a basic requirement for survival • an increase in prices in general • there is no such thing as free lunch • the struggle amongst sellers to attract customers. • the worth that can be expressed in dollars and cents • a bank that can lend to other banks in times of need • ...
Economics - Alicia Wagner 2021-06-09
Across
- Elected as president of the United States in 1932. He created the “New Deal” plan to get America’s economy back on its feet after the depression. Known for abolishing prohibition, removing America from the gold standard and his Alphabet Agencies.
- First became a concern in the 1980s. A result of irresponsible deficit financing. Increasing government spending and lowering taxes during an economics downturn but not raising taxes and lowering government spending during times of prosperity.
- Believed in classical liberalism and the invisible hand. Did not want the government involved in the economy. A champion of Supply-Side Economics.
- Government reduction or elimination in an industry, making it easier for businesses to run. Cuts costs, promotes efficiency and removes cumbersome laws and regulations,
- (Two words) This is when a government adjusts its spending and tax rates to influence the country’s economy.
- (Three words) Popularized by Thatcher and Reagan, this is an economic term used to describe Friedman’s monetarism.
- Believed that the economic anomaly “Stagflation” was a direct result of government intervention. He said that government spending was out of control and high interest rates led to this stagflation. This became known as trickle down economics, which would later be popularized by Reagan and Thatcher.
- (Two words) Modern day Sweden. This type of government system calls for fair distribution of wealth among all members of a society through taxes. Uses progressive taxation, where the more money you make, the more you pay in taxes.
- US president who popularized the term “trickle down economics”. Provided large tax cuts, especially to the rich in America.
- (Two words) In relation to debt, the government is supposed to raise taxes and lower spending during economic prosperity so there are funds to fall back on during a downturn. However, this was not popular among citizens so in order to get elected politicians would neglect this and even lower taxes during prosperity.
- An unusual economic occurrence in which inflation continues to go up even when the economy is in a recession. Causes even less consumer spending.
- (Two words) Occured in 1929, one of the largest market crashes in history. Caused widespread panic and poverty. Millions in Canada and America could not find work. WWI veterans marched to Washington and set up “Hoovervilles” demanding their bonuses for serving.
- (Three words) An economic theory that explains what causes an economic depression. When the supply of money is high it leads to inflation, and when it is low it leads to depression. It relies on government intervention and deficit financing to “flatten out” the boom and bust cycle.
Down
- (Two words) A form of taxation in which the rich pay higher taxes. The more money you make, the more you pay in taxes. Also known as the “robin hood tax”
- (Three words) An economic theory that we can achieve economic prosperity through little to no government intervention. Government spending should be low and taxes should be low, to allow people to have their normal spending habits. Supported by Hayek and Friedman.
- (Two words) A set of policies put in place by FDR to deal with the Great Depression. He used government intervention to get the economy started back up and restore the common people’s faith in both banks and the government. The most prominent part of this New Deal is what came to be known as the Alphabet Agencies. A series of administrations to give work to and support the unemployed and homeless.
- Explained the causes of an economic depression with demand side economics. Believed in deficit financing and government involvement to keep the economy stable.
- (Two words) This is when governments pay out more than they are receiving in tax revenue during an economic downfall. It relies on raising taxes during prosperity to make back the extra money lent out.
- (Two words) This motivating factor of capitalism was first developed by Adam Smith. This selfish motivation will promote a better society as others will work harder. For example, when the common person notices that the Rich spend money on luxurious yachts, cars, and homes it motivates the common person to work harder to achieve a better lifestyle.
- (Two words) A strategy in which central banks influence the nation’s money supply. This can be done through the increasing or decreasing of interest rates.
- (Two words) A policy set forth by Theodore Roosevelt, it promised equal treatment for all.
- An economic peak where most people share an increase in prosperity. Typically happens when there is an abundance of raw materials, reduced taxes or opportunities in new technology. There is an increase in employment and salaries as well as an increase in inflation.
- When the supply of money is too high, caused during times of prosperity. It can be fixed by raising taxes and interest rates as well as decreasing government spending.
- An economic trough, most people are very poor. There is an increase in unemployment, income falls and there is a decrease in demand. Inflation decreases or in extreme cases, deflation occurs.
- (Two words) An economic system in which there is little to no government interference, a true market economy. Supported by individualists.
25 Clues: (Two words) A policy set forth by Theodore Roosevelt, it promised equal treatment for all. • (Two words) This is when a government adjusts its spending and tax rates to influence the country’s economy. • (Three words) Popularized by Thatcher and Reagan, this is an economic term used to describe Friedman’s monetarism. • ...
Crossword Economics (Eva) 2022-04-05
Across
- A person who is in debt
- money in the form of silver or gold coins
- What is the opposite of inflation?
- Situation that occurs when recession is severe/medical illness that negatively affects you
- What is called the point where GDP stops going down?
- I wrote down the price for a package of milk, sugar and honey in 2020 and now I did the same thing in 2022. What did I create with these goods?
- Charlie's father in the movie “Charlie and the Chocolate Factory” lost his job at a toothpaste factory because he was replaced with a machine, in what kind of unemployment was he caught?
- What is it called when a firm hires outside firms to perform non-core operations to lower operating costs?
- Money by government decree/Italian Automobiles factory
- A market where more than one seller dominates the industry
Down
- Function of money that expresses its worth is called ____ of value.
- Type of unofficial index that measures inflation and unemployment rates for a month (also called misery index)/when someone's disturbing your comfy sleeping on the school couch
- The price of milk went from 20 CZK per package to 40 CZK per package within one month! What type of inflation might this indicate?
- Different restrictions or bans that one country makes on another. Currently happening in Russia
- A point where GDP stops going up/the top of a hill or mountain
- There aren't any periods of recession or expansion, the economy is following __ __
- Moneyless economy that relies on trade.
- Type of unemployment that occurs when people are unemployed at particular times of the year, for example after Christmas, in a Ski resort during summer or in tourist areas after the season.
- When you lend someone your money, you're considered to be a _____
- The difference between potential GDP and the actual GDP/ American clothing brand
20 Clues: A person who is in debt • What is the opposite of inflation? • Moneyless economy that relies on trade. • money in the form of silver or gold coins • What is called the point where GDP stops going down? • Money by government decree/Italian Automobiles factory • A market where more than one seller dominates the industry • ...
The Market (Economics) 2022-04-14
Across
- Mb=Mc
- an amount of human satisfaction measured in units
- acronym used to show what shifts a demand curve
- when the price goes up,the quantity supplied goes up. when the price goes down the quantity supplied goes down
- acronym used to show what shifts a supply curve
- the intersection of the demand curve & the supply curve
- returns to push price back to equilibrium
- a situation where the quantity supplies is greater than quantity demanded(too much)
- producers should produce more, should buy less
Down
- the amount of a good or service people are willing and able to buy at a certain price over a period of time
- the ideal price for buyers & sellers
- when price goes up, quantity demanded goes down. when price goes down, the quantity demanded does up
- amount of a good are service people are willing and able to buy at a certain price at a certain time
- a situation where the quantity supplies is less than quantity demanded(not enough)
- the amount of a good or service producers are willing & able to sell at all prices over a period of time
- a max. price set by the gov.
- producers should produce less, buyers should buy more
- one more or additional unit of something
- amount of a good or service producers are willing & able to sell at a certain price or certain time
- floors, a min. price set by the gov.
20 Clues: Mb=Mc • a max. price set by the gov. • the ideal price for buyers & sellers • floors, a min. price set by the gov. • one more or additional unit of something • returns to push price back to equilibrium • producers should produce more, should buy less • acronym used to show what shifts a demand curve • acronym used to show what shifts a supply curve • ...
Unit 3 Economics 2021-09-24
Across
- Resources – Especially Capital and Labor – Are paid here.
- Household spending on Goods and services (Products) is usually called _______________ spending.
- A sustained increase in the general or average level of prices and a fall in the value of money.
- This seeks to determine the prosperity of a nation by economic growth per person in that nation.
- This Diagram shows a simplified version of the economy.
- This is a person or persons who share an income.
- People are actively looking for work but aren’t currently employed.
- These represent the productive units in the economy that turn the factors of production into goods and services.
- A loan in the form of an “IOU” that pays interest. They are often very safe, and pay low interest rates.
- A measure of the average rate of inflation which calculates the change in the price of a representative basket of goods and services purchased by the “average” consumer.
- Spending by households on consumer goods and services over a period of time.
- The total money value of all final goods and services produced in an economy in a given time period, usually one year.
- These are workers who would love to work more hours or are overqualified for their jobs.
- This is the share in the ownership of a company held by a shareholder
- Unemployment that exists when in the long-term the pattern of demand and production methods change and there is a permanent fall in the demand for a particular type of labor. There is a mismatch between skills and the jobs available.
Down
- This is where Goods and Services are bought and Sold
- This people are currently holding a job in the economy, either full time or part time.
- The total money value of all final goods and services produced in an economy in a given time period, usually one year, at current values (not adjusted for inflation).
- These are non-working people who are capable or working, but have given up looking for a job due to the state of a job market.
- Equilibrium unemployment that exists when people have left a job and are in the process of searching for another job.
- Disequilibrium unemployment that exists when there is insufficient demand in the economy and wages do not fall to compensate for this.
- This is an organization that produces goods and services for sale.
- Spending by governments on goods and services.
- products that are used in the production process to make other goods, which are ultimately sold to consumers.
- This “Force” is equal to the sum of the employed and unemployed.
- The total money value of all final goods and services produced in an economy in a given time period, usually one year, adjusted for inflation.
- The addition of capital stock to the economy or expenditure by firms on capital.
- Goods and services produced in one country and purchased by consumers in another country.
- Goods and services purchased by consumers in one country that have been produced in another country
29 Clues: Spending by governments on goods and services. • This is a person or persons who share an income. • This is where Goods and Services are bought and Sold • This Diagram shows a simplified version of the economy. • Resources – Especially Capital and Labor – Are paid here. • This “Force” is equal to the sum of the employed and unemployed. • ...
Unit 3 Economics 2021-09-24
Across
- This is a person or persons who share an income.
- Disequilibrium unemployment that exists when there is insufficient demand in the economy and wages do not fall to compensate for this.
- The addition of capital stock to the economy or expenditure by firms on capital.
- Unemployment that exists when in the long-term the pattern of demand and production methods change and there is a permanent fall in the demand for a particular type of labor. There is a mismatch between skills and the jobs available.
- A loan in the form of an “IOU” that pays interest. They are often very safe, and pay low interest rates.
- This is an organization that produces goods and services for sale.
- These are workers who would love to work more hours or are overqualified for their jobs.
- The total money value of all final goods and services produced in an economy in a given time period, usually one year, at current values (not adjusted for inflation).
- Household spending on Goods and services (Products) is usually called _______________ spending.
- Goods and services produced in one country and purchased by consumers in another country.
- People are actively looking for work but aren’t currently employed.
- Goods and services purchased by consumers in one country that have been produced in another country
- This is where Goods and Services are bought and Sold
Down
- Spending by households on consumer goods and services over a period of time.
- products that are used in the production process to make other goods, which are ultimately sold to consumers.
- A measure of the average rate of inflation which calculates the change in the price of a representative basket of goods and services purchased by the “average” consumer.
- This “Force” is equal to the sum of the employed and unemployed.
- The total money value of all final goods and services produced in an economy in a given time period, usually one year.
- Equilibrium unemployment that exists when people have left a job and are in the process of searching for another job.
- Resources – Especially Capital and Labor – Are paid here.
- A sustained increase in the general or average level of prices and a fall in the value of money.
- Spending by governments on goods and services.
- The total money value of all final goods and services produced in an economy in a given time period, usually one year, adjusted for inflation.
- This Diagram shows a simplified version of the economy.
- These represent the productive units in the economy that turn the factors of production into goods and services.
- These are non-working people who are capable or working, but have given up looking for a job due to the state of a job market.
- This seeks to determine the prosperity of a nation by economic growth per person in that nation.
- This people are currently holding a job in the economy, either full time or part time.
- This is the share in the ownership of a company held by a shareholder
29 Clues: Spending by governments on goods and services. • This is a person or persons who share an income. • This is where Goods and Services are bought and Sold • This Diagram shows a simplified version of the economy. • Resources – Especially Capital and Labor – Are paid here. • This “Force” is equal to the sum of the employed and unemployed. • ...
Economics Senior Celebration 2017-05-11
Across
- Which faculty member won the 2017 The William H. and Frances S. Ryan Award for Meritorious Teaching
- Dean of the Tepper School of Business
- Tendency to judge the frequency or likelihood of an event by the extent to which it resembles the typical case
- Co-Author of “Adapting to Climate Change: Evidence from Long-Run Changes in the Temperature-Mortality Relationship in the 20th Century United States
- Who is the head of the Economics Program
- Ballot that stockholders use to vote shares
- Measurement of responsiveness of an economic variable to a change in another variable
- Jeff Bezos’s new BFF
- In the Solow Growth Model, production growth rate declines as __________ accumulates
- Honorary Advisor to the Institute for Monetary and Economic Studies of the Bank of Japan
- Informal understanding that governs behavior in a society
- Number of CMU affiliated Nobel Laureates in Economics
- Process of determining the present value of a payment or a stream of payments that is to be received in the future
- A set of assumptions designed to simplify the world and make it more understandable in order to address a specific question
- Difference between prices that asset sellers demand and buyers require
- Served as chief economist and director of the SEC' s Office of Economic Analysis (2004 to 2007)
Down
- In 1995 (the year many of you were born), this movie was released and was the first ever full length computer animated feature film
- Econometric term for the correlation between independent variables and the error terms
- The largest eigenvalue (also known as the characteristic value) of a positive matrix
- A deviation between the observed data and the restrictions on variables imposed by set of first order conditions of a Pareto optimal competitive equilibrium
- Alternative to expected utility theory. Utilities are defined over losses and gains rather than over final wealth levels
- When a good/service becomes more valuable the more people use it
- Risk to the financial system
- _______ multipliers are interpreted as the imputed value or shadow prices of inputs for production
- Which faculty member published a paper called “Local Economic Growth from Primary Election Spending”
- Which faculty member was an Economist with the Ministry of Trade and Industry of Singapore
- Akerlof’s paper “The Market for Lemons” describes how asymmetry of information leads to ________ selection
- Type of function that is easy to compute but whose inverse is very difficult to compute
28 Clues: Jeff Bezos’s new BFF • Risk to the financial system • Dean of the Tepper School of Business • Who is the head of the Economics Program • Ballot that stockholders use to vote shares • Number of CMU affiliated Nobel Laureates in Economics • Informal understanding that governs behavior in a society • When a good/service becomes more valuable the more people use it • ...
Economics Final Crossword 2017-05-13
Across
- a certificate of ownership in a corporation
- the price paid for the use of borrowed money
- natural resources that are used to make goods and services
- physical objects such as clothes or shoes
- the right to sell a good or service within an exclusive market
- the rivalry among sellers to attract customers while lowering costs
- the love of one’s country; the passion that inspires a person to serve his or her country
- a system of allocating scarce goods and services using criteria other than price
- a market dominated by a single seller
- a required payment to a local, state, or national government
- social welfare programs that people are “entitled to” if they meet certain eligibility requirements (i.e. Social Security)
- a tax on imported goods
- a national health insurance program that helps pay for health care for people over 65 or with certain disabilities
- very high inflation
- goods used in place of one another
- the desire to own something and the ability to pay for it
- anything that serves as a medium of exchange, a unit of account and a store of value
Down
- situation in which quantity demanded is greater than quantity supplied; also known as demand
- the legally bound obligation to pay debts
- value of output
- the study of how people seek to satisfy their needs and wants by making choices
- coins and paper bills used as money
- entitlement program that benefits low income families, some people with disabilities, and elderly people in nursing homes
- the practice of negotiating labor contracts that keep unnecessary workers in a company’s payroll
- an arrangement that allows buyers and sellers to exchange things
- a product that is the same no matter who produces it, such as petroleum, notebook paper, or milk
- money and other valuables belonging to an individual or business
- the process used to produce a good or service
- the financial gain made in a transaction
- an organized work stoppage intended to force an employer to address union demands
- a factor that can change
- two goods that are bought and used together
- the point at which quantity demanded and quantity supplied are equal
- a government payment that supports a business or market
- government aid to the poor
- the amount of goods available
36 Clues: value of output • very high inflation • a tax on imported goods • a factor that can change • government aid to the poor • the amount of goods available • goods used in place of one another • coins and paper bills used as money • a market dominated by a single seller • the financial gain made in a transaction • the legally bound obligation to pay debts • ...
Common Economics Terms 2018-01-07
Across
- Smith father of modern economics
- Resources nation’s land and all of the materials nature provides that can be used to make goods or services
- basic economic problem we all have
- can be used to make goods and services
- neccesities people have for goods and services
- Resources once they are gone or diminished, they cannot be reproduced; leads to scarcity
- to produce first basic economic question; consideration of what resources are available
- study of economic choices made by individuals and small groups
- type of economy where the government makes all major economic decisions
- Market type of economy the United States has; a market economy that has elements of command and traditional as well
- work that is done for a person
- desires people have for goods and services
Down
- workers and their abilities
- study of economy as a whole and the economic choices made by large groups
- buildings and tools used to make goods or services
- type of economy based on custom or habit
- Wants no limit on what people want in their lives; also leads to basic economic problem
- study of people make choices about using resources to meet their wants and needs
- gets the goods last basic economic question; considers how to distribute goods and services
- System nation's way of producing things its people want and need
- type of economy where individuals and businesses own all resources and decisions are made based on price
- things(wants) people can touch or hold
- to produce second basic economic question; consideration of workforce and labor needs
23 Clues: workers and their abilities • work that is done for a person • Smith father of modern economics • basic economic problem we all have • can be used to make goods and services • things(wants) people can touch or hold • type of economy based on custom or habit • desires people have for goods and services • neccesities people have for goods and services • ...
Theme Park Economics 2017-06-08
Across
- The government provides this to people who sell high risk food (T_______)
- People who can skilfully throw balls
- Some features need these around them to stop people falling in
- Rules for how businesses need to run
- An amusement park with a particular theme
- The government department that gives information on food safety (D____ o_ H____)
- Amusement parks hope to make a lot of this
- These people specialise in working with wires and power
- These people "inspect" places to see that they are safe
Down
- Safety is particularly important for children around this
- Businesses can get these if they do not do the right thing
- A favourite food that is often sold in amusement parks
- These rides move so fast they need a high level of safety
- The lowest money a person can be legally paid (M_____ w____)
- Amusement parks regularly have S_______y C_____ks of their equipment.
- A business must not sell this for humans to eat (P____ F____)
- This kind of food needs to be stored very carefully
- Sick people go to these places. They report food poisoning cases.
- This can get thrown around if there are no bins
- This refers to how clean and healthy a place is
- These people specialise in working with pipes and water
- These people dress up and entertain crowds in some parks
22 Clues: People who can skilfully throw balls • Rules for how businesses need to run • An amusement park with a particular theme • Amusement parks hope to make a lot of this • This can get thrown around if there are no bins • This refers to how clean and healthy a place is • This kind of food needs to be stored very carefully • ...
Economics Exam 1 2016-01-24
Across
- tangible objects you can see & feel (car)
- the situation where there is only 1 producer of a product/service & there is no substitute for the product/service.
- an economic system in which the gov centrally plans, owns, & controls most of the capital & makes decisions about prices & quantities.
- the assumption that the customer is king by deciding which goods will survive because producers cant dictate consumer tastes.
- A specialization within economics that studies how ppl dealwith scarcity, fullfill needs, & select among alternative goods, services, & actions.
- a condition where there is an insufficient amount or a shortage in supply of a product or service.
- a decision to consume that has negative consequences or that misuses products in such a way as to cause injury to the consumer or to others.
- regulations to prevent business monopolies.
- Ind. or grops such as families who obtain, use, maintain, & dispose of products & services to increase life satisfaction & fullfill needs.
- an economy where exchanges are controlled by marketplace, forces of demand & supply rather than by outside forces (gov control).
- goods & services sold on line (groceries, tickets, books, gifts, clothes
- an economic system characterized by open competition in a free market.
Down
- a social or economic system in which nearly all capital is collectively owned.
- (centrally controlled economy) an economy in which most decisions about the what, how & for whom to produce are made by those who control the gov.
- the possibility or perception of harm, suffering, danger, or loss.
- the act of ppl who pay extremely igh price for a product because of its prestige value, leading to a much higher demand than a simple demand relation would indicate.
- any activity that is performed to enhance & sustain the primary product or services.
- banking, debit cards, smart cards, banking machines, telephone & internet bank, insurance, loans - all due online
- a mind set that choices giving the greatest amount of satisfaction at a particular time based on known information
- any exchange transaction that takes place on internet.
- an unwritten system of rights of buyers & competitors that is the foundation of both the US & English legal systems
21 Clues: tangible objects you can see & feel (car) • regulations to prevent business monopolies. • any exchange transaction that takes place on internet. • the possibility or perception of harm, suffering, danger, or loss. • an economic system characterized by open competition in a free market. • goods & services sold on line (groceries, tickets, books, gifts, clothes • ...
economics chapter 8 2019-03-25
Across
- - the lowest wage permitted by law or by a special agreement (such as one with a labor union).
- - and the quantity of labour employed, is determined by the interaction of demand and supply. The equilibrium wage rate is the rate that equates demand and supply, as illustrated below
- - is a segment of the workforce with specialized know-how, training and experience to carry out more-complex physical or mental tasks than routine job functions
- - is a form of union security agreement where the employer may hire union or non-union workers, and employees need not join the union in order to remain employed.
- - The grievance procedure may also be part of a collective bargaining agreement. A grievance procedure is a means of internal dispute resolution by which an employee may have his or her grievancesaddressed.
- - refers to the base point in time of a time series. Normally, years divisible evenly by five are used as base years. In releases base year is noted, for example, as 2010 = 100 or 2015 = 100.
- - Those employees who work in unions where the union negotiates salary on behalf of all workers fit into this theory. Since I am a teacher my salary is set by collective bargaining with my union.
- - does not require advanced training or specialized skills, but it does require more skills than an unskilled labor job
- - A company that has made an agreement with a labor unionstating that current employees may choose to join the union or not, but all new employees will be required to become members.
- - (especially of a committee or its activity) having the purpose of discovering and establishing the facts of an issue.
- - is a segment of the workforce associated with a limited skill set or minimal economic value for the work performed
- - relating to or promoting a worker's right not to be required to join a labor union.
- - a place of work where membership in a union is a condition for being hired and for continued employment.
Down
- - is a means of resolving a dispute that is private, less formal, less costly and less time-consuming than traditional litigation. The parties agree to submit their dispute to an impartial arbitrator authorized to resolve the controversy by rendering a final and binding award.
- - the system of rules which a particular country or community recognizes as regulating the actions of its members and which it may enforce by the imposition of penalties.
- - is the sum of civilian employment and civilian unemployment. These individuals are civilians (not members of the Armed Services) who are age 16 years or older, and are not in institutions such as prisons, mental hospitals, or nursing homes.
- - are terms describing income after adjustment for inflation
- - Arbitration is like the court process as parties still provide testimony and give evidence similar to a trial but it is usually less formal. In mediation, the process is a negotiation with the assistance of a neutral third party. The parties do not reach a resolution unless all sides agree.
- - : the amount of base wagepaid to a worker per unit of time (as per hour or day) or per unit of output if on piecework
- - negotiation of wages and other conditions of employment by an organized body of employees.
- - a place of work where employers may hire nonunion workers who must join a labor union within an agreed time.
- - workers with a high level of professional and managerial skills. Term. Noncompeting labor grades.
- - is a sudden, uncontrolled electrical disturbance in the brain.
- - is a trade union that represents workers in one plant or company and is free of employer control.
- - an unofficially acknowledged barrier to advancement in a profession, especially affecting women and members of minorities.
- - the purchasing power of the dollar changes over time, so in order to compare dollar values from one year to another, they need to be converted from nominal (current) dollar values to constant dollar values.
- - Investment & Finance Definition. Value of a dollar without adjusting for the effect of inflation.
- - an authoritative warning or order
28 Clues: - an authoritative warning or order • - are terms describing income after adjustment for inflation • - is a sudden, uncontrolled electrical disturbance in the brain. • - relating to or promoting a worker's right not to be required to join a labor union. • - negotiation of wages and other conditions of employment by an organized body of employees. • ...
economics chapter 10 2019-03-25
Across
- - is a constitutional rule requiring that a state cannot spend more than its income. It requires a balance between the projected receipts and expenditures of the government
- - is government spending implemented through an appropriations bill.
- - are limits imposed on the amount of budget authority provided in annual appropriations bills
- - the part of an economy that is controlled by the government.
- - A budget deficit occurs when an individual, business or government budgetsmore spending than there is revenue available to pay for the spending, over a specific period of time
- - a sum of money granted by the government or a public body to assist an industry or business so that the price of a commodity or service may remain low or competitive.
- - a year as reckoned for taxing or accounting purposes.
- - is how a nation's total GDP is distributed amongst its population
- - is the United States federal government health insurance program for Americans who are 65 years of age and older.
- - the power of a president, governor, or other elected executive to reject individual provisions of a bill.
- - an amount of money given to local government, an institution, or a particular scholar.
Down
- - a fund consisting of assets belonging to a trust, held by the trustees for the beneficiaries.
- - the part of an economy that is controlled by the government.
- - the total amount of money that a country's government has borrowed, by various means.
- - are "amounts paid to other governments as fiscal aid in the form of shared revenues and grants-in-aid, as reimbursements for performance of general government activities and for specific services for the paying government, or in lieu of taxes.
- - government spending, in excess of revenue, of funds raised by borrowing rather than from taxation.
- - is a financial statement presenting the government's proposed revenues and spending for a financial year
- - is abudget in which revenues are equal to expenditures
- - is the culinary name for meat from a domestic pig
- - is an itemized plan for the annual public expenditures of the United States
- - also known as supply bill or spending bill,
- - is a health care program that assists low-income families or individuals in paying for doctor visits, hospital stays, long-term medical, custodial care costs and more
22 Clues: - also known as supply bill or spending bill, • - is the culinary name for meat from a domestic pig • - a year as reckoned for taxing or accounting purposes. • - is abudget in which revenues are equal to expenditures • - the part of an economy that is controlled by the government. • - the part of an economy that is controlled by the government. • ...
Introduction to Economics 2019-09-18
Across
- The type of economy Ireland has
- Reward for land
- Gifts from Nature
- Man made resources
- Industries owned by the Government
- Where a small number of suppliers control a whole market
- The state has very little role to play in the production of goods and services
- Reward for labour
- Type of competition where suppliers and consumers know everything about the market
Down
- one of the few centrally planned economies
- A table showing the amount of a good or service demanded at a certain price
- The point at which demand meets supply
- Brings the other three factors of production together
- Reward for enterprise
- When a whole curve moves in an upward or downward direction
- A graph demonstrating the amount supplied at a certain price
- work done by individuals
- An increase in price should lead to an ........ in quantity supplied
- When one supplier controls a whole market
- reward for capital
- Reward for labour
21 Clues: Reward for land • Gifts from Nature • Reward for labour • Reward for labour • Man made resources • reward for capital • Reward for enterprise • work done by individuals • The type of economy Ireland has • Industries owned by the Government • The point at which demand meets supply • When one supplier controls a whole market • one of the few centrally planned economies • ...
Final Economics Review 2019-05-30
Across
- Economic system that revolves around individual choice
- Everything in the economy revolves around this
- The main driver of economic activity in the United States
- Having a wide variety of stocks that you are invested in
- Central question all countries have to address: How do we deal with _____?
- Considered a safer way of investing
- Federal department that monitors the money supply
- International group that monitors trade
- Economist who came up with our modern economic system
- Policy of protecting your own country above others
- Method of making your country's products cheaper than others
- Regional Trading bloc in the Americas
- An average of how the top stocks are performing on a graph
- A way to keep prices artificially low
Down
- Method used by the government to manipulate the economy
- Things produced in your country that are shipped to other countries.
- how many people are looking for work but don't have a job
- Where to invest money
- How price is determined
- Things produced in other countries that are shipped to your country
- The study of how limited resources are divided to satisfy unlimited wants
- When prices go up faster than salaries
- A political and economic system with power given to a centralized group or person
- How banks make money
- Policy of opening up your country's markets to the world
25 Clues: How banks make money • Where to invest money • How price is determined • Considered a safer way of investing • Regional Trading bloc in the Americas • A way to keep prices artificially low • When prices go up faster than salaries • International group that monitors trade • Everything in the economy revolves around this • Federal department that monitors the money supply • ...
Vocabulary Economics 1 2019-05-27
Across
- using goods and services
- monetary value of a product as established by supply and demand
- a positive motivational influence
- the power of consumers to decide what gets produced
- the process of creating goods and services
- formal statement of expected product performance by the manufacturer
- a business owned by one individual
- an agreement to protect possession or rights
- a quantity much larger than is needed
- limited quantities of resources to meet unlimited wants
Down
- whatever must be given up to obtain some item
- a person who starts up and takes on the risk of a business
- the study of how people seek to satisfy their needs/wants by making choices
- the amount of goods and services people are willing to buy
- the point at which the quantity demanded and the quantity supplied are equal
- money or wealth used to invest in business or enterprise
- anything that is used to produce goods or services
- the cost of operating a business
- money that is left after all expenses have been paid from a business or an investment
- the amount of goods available
20 Clues: using goods and services • the amount of goods available • the cost of operating a business • a positive motivational influence • a business owned by one individual • a quantity much larger than is needed • the process of creating goods and services • an agreement to protect possession or rights • whatever must be given up to obtain some item • ...
Labour Economics Crossword 2012-12-27
Across
- Insurance against the risk of incurring medical expenses among individuals.
- Is a system under which people are treated as property to be bought and sold, and are forced to work.
- Is remuneration paid by an employer to an employee.
- Solicitation for money or food.
- Indicator of labour mobility that reflects intensity of mobility.
- Is a measure of the work done by human beings.
- Rotation of workers across a set of jobs.
- Is the consumption and savings opportunity gained by an entity within a specified timeframe, that is generally expressed in monetary terms.
- Is a contract for a fixed sum to be paid regularly to a person, typically following retirement from service.
- Employment level, unemployment level, labour force, and unfilled vacancies could be called as.
- Is a financial plan and a list of all planned expenses and revenues.
- Form of unemployment resulting from a mismatch between demand in the labour market and the skills and locations of the workers seeking employment.
- Indicator of labour mobility that reflects number of mobile population.
- Population that is not included into labour force. Economically...
Down
- Form of unemployment that occurs when a worker is searching for, or transitioning from one job to another.
- Stock of competencies, knowledge, social and personality attributes embodied in the ability to perform labor to produce economic value.
- Rotation of workers according to physical space.
- Is a contract between two parties, one being the employer and the other being the employee.
- Body of laws, administrative rulings, and precedents, which address the legal rights of, and restrictions on, working people and their organizations.
- Is the process of international integration arising from the interchange of world views, products, ideas, and other aspects of culture.
- Process of negotiations between employers and a group of employees aimed at reaching agreements that regulate working conditions.
- Occurs when people are without work and actively seeking work.
- Organization of workers who have banded together to achieve common goals.
- Concept that provides certain guarantees for pregnant women.
- People who are crippled or otherwise physically handicapped.
- The amount of profit that a company produces during a specific period, which is usually defined as a quarter (three calendar months) or a year.
- Is generally considered an altruistic activity, and is intended to promote good or improve human quality of life, which in return produces a feeling of self-worth andrespect, but financial gain.
- Is the point where a person stops employment completely.
- Total hours (adjusted for intensity of effort) that workers wish to work at a given real wage rate.
29 Clues: Solicitation for money or food. • Rotation of workers across a set of jobs. • Is a measure of the work done by human beings. • Rotation of workers according to physical space. • Is remuneration paid by an employer to an employee. • Is the point where a person stops employment completely. • Concept that provides certain guarantees for pregnant women. • ...
Economics Unit 1 2013-01-07
Across
- / Sacrificing one good or service to purchase or produce another
- / Sum of people's skills, abilities, health, and motivation
- / Economic product that is consumed collectively
- / Relaxation or removal of government regulations on buisness activities
- / Investing on goods to recieve profit
- / Previously manufactured goods used to make other goods and services
- / The value of the next best alternative given up for the alternative that was chosen
- / A system in which the government controls the factors of production and makes all decisions about their use
- / Giving money to a certain patent/company to later get a positive profit
- / Government adding regulations to buisness activities
Down
- / Degree to which productive resources are used effectively
- / Using resourses to ultimately result with a product which is refered to as the output
- / Assignment of tasks so that each worker performs fewer functions more frequently
- / The ability of risk taking individuals to develop new products and start new businesses in order to make profits
- / A market to sell goods
- / Market where goods and services are offered for sale
- / Benefit until it is no longer scarce and benefit reaches its margin
- / Division of work into a number of seprate tasks
- / Act of buyers and sellers freely and willingfully engaging in market transactions
- / Condition of not being able to have all of the goods and services one wants, because wants exceed what can be made from all available resources at any given time
- / The result once inputing resources to make goods
- / A system in which individuals own the factors of production and make economic decisions through free interaction while looking out for their own and their families' best intrests
- / Tools, equipment, and other manufactured goods used to produce other goods and services
- / Extra cost of producing one additional unit of production
24 Clues: / A market to sell goods • / Investing on goods to recieve profit • / Economic product that is consumed collectively • / Division of work into a number of seprate tasks • / The result once inputing resources to make goods • / Market where goods and services are offered for sale • / Government adding regulations to buisness activities • ...
Public Sector Economics 2013-01-05
Across
- The reluctance of a person to accept a bargain with an uncertain payoff rather than another bargain with a more certain, but possibly lower, expected payoff
- a good that is both non-excludable and non-rivalrous in that individuals cannot be effectively excluded from use and where use by one individual does not reduce availability to others
- A phenomenon occurring when expansionary fiscal policy causes interest rates to rise, thereby reducing investment spending
- a condition on the cost-technology of an industry whereby it is most efficient (involving the lowest long-run average cost) for production to be concentrated in a single firm
- A tax that is a fixed amount, no matter the change in circumstance of the taxed entity
- Retrospective (past) cost that have already been incurred and cannot be recovered
- A condition of economic equilibrium which takes into consideration only a part of the market, ceteris paribus, to attain equilibrium.
- The extent to which consumption of taxed good is reduced because of the increased relative price
- The slope of the production–possibility frontier (PPF) at any given point
- The study and implementation of how best to design a tax to minimize distortion and inefficiency subject to increasing set revenues through distortionary taxation in the market.
- Representation of the (infinite) set of possible efficient allocations
- The analysis of the effect of a particular tax on the distribution of economic welfare
- Refers to any tax on non-investment spending, and can be implemented by means of a sales tax, consumer value added tax, or by modifying an income tax to allow for unlimited deductions for investment or savings
- A majority rule voting system will select the outcome most preferred by him
Down
- A branch of theoretical economics which seeks to explain the behavior of supply, demand, and prices in a whole economy with several or many interacting markets, by seeking to prove that a set of prices exists that will result in an overall equilibrium
- The study of government policy through the lens of economic efficiency and equity
- The amount by which consumption of taxed good is reduced because of the worsening of the standard of living
- The cost of any activity measured in terms of the value of the next best alternative forgone (that is not chosen)
- the percentage change in quantity demanded caused by a percent change in price
- A tax imposed so that the effective tax rate increases as the amount to which the rate is applied increases
- Resource allocations that have the property that no one can be made better off without someone else being made worse off
- a loss of economic efficiency that can occur when equilibrium for a good or service is not Pareto optimal
- a situation in which individuals or organizations consume more than their fair share of a resource, or shoulder less than a fair share of the costs of its production
- a real-valued function that ranks conceivable social states (alternative complete descriptions of the society) from lowest to highest
- A financial charge or other levy imposed upon a taxpayer by a state or the functional equivalent of a state such that failure to pay is punishable by law
- a cost or benefit that is not transmitted through prices
- The proportional share of the initial amount owed (initial liability) that must be paid to delay payment for 1 year
- A tax system with a constant marginal rate, usually applied to individual or corporate income
28 Clues: a cost or benefit that is not transmitted through prices • Representation of the (infinite) set of possible efficient allocations • The slope of the production–possibility frontier (PPF) at any given point • A majority rule voting system will select the outcome most preferred by him • ...
Economics Activity 3.3 2014-03-17
Across
- When the shift in demand and supply occurs (simultaneously) the effect on market price and quantity cannot be predicted.
- Occurs because an individual decrease in supply always decreases market quantities and an individual increase in demand always increases market quantities.
- Occurs when a firm sells different quantities of the same good at different prices. Can be determined by looking at a price per unit basis.
- The market for inputs like land, labour and capital.
- When the quantity sellers are willing and able to supply is equal to the quantity the buyers are willing and able to purchase.
- An example of a (blank) arrangement is the Organization of Petroleum Exporting Countries (OPEC).
- a type of imperfect market structure that occurs when there are many firms and buyers and differentiated products within the market.
- The market for final goods and services.
- Theconcept created by Adam Smith, which states that when buyers and sellers maximize their own self interest, it leads to product distribution and prices that are beneficial to all the members of the community.
- Putting supply and demand together. Determines prices and quantities in the market.
Down
- A type of imperfect market structure that occurs when there are few firms or suppliers in the market. Each firm has price setting power; however they must consider how other firms in this market structure will react.
- Quantity supplied exceeds quantity demanded at any particular price.
- When demand decreases and supply remains unchanged, both the price and quantity (blank).
- In this ideal economy there is no market power due to there being many firms, no specialized products, ease of entry into the market and perfect information.
- In this economy there is some market power due to there being few firms or there being specialized products.
- A characteristic of a perfect competition occurs when all goods in the market are (blank).
- A concept that measures a persons satisfaction or happiness with their consumption.
- When demand increases and supply remains unchanged, both the price and quantity (blank)
- Quantity demanded exceeds quantity supplied at any particular price.
- A type of imperfect market structure where there is only one firm and one type of good. This type of market structure has price setting power.
- A technique used by firms that creates a small obstacle, which buyers with lower marginal benefits, will not be willing to jump over. An example is a mailing rebate
21 Clues: The market for final goods and services. • The market for inputs like land, labour and capital. • Quantity supplied exceeds quantity demanded at any particular price. • Quantity demanded exceeds quantity supplied at any particular price. • A concept that measures a persons satisfaction or happiness with their consumption. • ...
Marketing Economics Vocabulary 2016-03-09
Across
- Things that are required for survival
- Things that are produced for consumers
- A way of comparing the rewards and losses of a decision
- Someone who purchases goods and services
- Someone who makes or performs goods or services
- Way to measure the total rewards for making a decision
- The second-best choice
- All human resources
- Rewards for making a decision
- Actions that are purchased by consumers
- Cost of making a decision
Down
- Innovators such as Bill Gates
- Making something more efficient
- The balancing of unlimited wants with limited resources
- All man-made resources
- All the resources that determine what good or service is made
- The minimal amount it costs to increase something by one unit
- Things someone wants but doesn't need
- All natural resources
- the minimal gains from increasing something by one unit
- The study of how people deal with scarcity
21 Clues: All human resources • All natural resources • All man-made resources • The second-best choice • Cost of making a decision • Innovators such as Bill Gates • Rewards for making a decision • Making something more efficient • Things that are required for survival • Things someone wants but doesn't need • Things that are produced for consumers • Actions that are purchased by consumers • ...
Economics Crossword Puzzle 2016-05-04
Across
- A benefit given by the government to groups or individuals in the form of cash payment or tax reduction
- Amount by which assets exceed liabilities
- The highest point at the end of the expansion in the business cycle
- The lowest amount that employers may legally pay to workers
- When the demand for a product or service exceeds its supply in a market
- A measure of the total output of a country that divides the number of people by the GDP
- An individual retirement plan
- Abstention by governments from interfering in the workings of the free market
- An increase in the value of one currency in terms of another
- Short for North American Free Trade Agreement
- The level of employment rates wherer there is no cyclical or deficient-demand unemployment
- Measures the weighted average of prices of consumer goods and services
- An economic system where few restrictions are placed on businesses by the government
- A situation when the price charged is less than the equilibrium price
- The American economist who believed in free-market capitalism
- Currency that is converted into fixed amounts of gold
- Production and distribution is privately owned
- GDP
- Production and the distribution of goods is owned by the citizens
- Currency that a government has declared to be legal tender
- The founding father of modern economics
- A market structure in which a small number of firms has the large majority of market share
- Countries that specialize in producing goods
- Was created by the central bank
- An examination of the benefits of an activity campared to the costs of that activity
- The British economist who developed Keynesian economics
- To produce a greater quantity of a good or product
Down
- The usefulness of a good
- Unrestricted sale of goods and services.
- The ratio between the output production and the input production
- An economic measure of a negative balance of trade in which a country's imports exceeds its exports
- Examples are Social Security and Medicare
- The political philosopher who defended free-market capitalism
- A situation when the price charged is more than the equilibrium price
- Short for World Trade Organization
- Account used to set aside funds for an emergency
- The turning point in the business cycle
- The FRS
- All production is owned and controlled by the government
- A situation in which income exceeds expenditures
- A sustained increase in the general price level of goods and services in an economy over a period of time
- The policy of restraining trade between states
- A decline in economic activity in the business cycle
- Indicate the direction of an economy
- The means of how the government adjusts its spending levels and tax rates
- A market structure characterized by a single seller who sells a unique product
- The amount of an asset or resource that exceeds the portion that is utilized
- The trough to the peak in the business cycle
- The state of being scarce or in short supply of
49 Clues: GDP • The FRS • The usefulness of a good • An individual retirement plan • Was created by the central bank • Short for World Trade Organization • Indicate the direction of an economy • The turning point in the business cycle • The founding father of modern economics • Unrestricted sale of goods and services. • Amount by which assets exceed liabilities • ...
Economics Crossword Puzzle 2015-12-15
Across
- dont have enough
- A measure of changes in the purchasing-power of a currency
- opposed friedman
- whether or not to start or stop printing money
- founder of US economy
- wage smallest amount to pay
- when a country is doing bad but not a deppression
- An examination of the additional benefits of an activity compared to the additional costs of that activity.
- country doing the best
- when a country is growing its economy
- have too much
- better measurement of countries economy
- assets minus liabilities
- for old people to retire
- born in vienna
- the most successful part of an economy
- value from government
- something backs it up
- use the entire world to trade
- dont trade
- the state of being scarce or in short supply; shortage.
- use of monetary or fiscal policy changes to kick start a lagging or struggling economy
- cant go below this price
- the least successful part of an economy
Down
- consumer price index or GDP
- sustained increase in the general price level of goods
- spending too much
- karl marx
- 500 minimum if you make a little amount
- high employment rate
- american economy
- we have too much
- 12 district banks
- money goes up in value
- opposed Keynes
- country produce the most
- how a country is doing
- no taxes
- US, MEXICO, CANADA
- trade with everyone
- working well
- hands off government
- high taxes
- how the government handles money
- the state of being useful, profitable, or beneficial.
- cant go above this price
- A benefit given by the government to groups or individuals usually in the form of a cash payment or tax reduction.
- one owner
- multiple owners
49 Clues: no taxes • karl marx • one owner • high taxes • dont trade • working well • have too much • opposed Keynes • born in vienna • multiple owners • dont have enough • opposed friedman • american economy • we have too much • spending too much • 12 district banks • US, MEXICO, CANADA • trade with everyone • high employment rate • hands off government • founder of US economy • value from government • ...
Senior Puzzle: Economics 2016-03-31
Across
- GDP adjusted for the price changes
- When the price of one currency falls relative to another currency, the first currency has depreciated relative to the other one.
- The demand for all goods and services by all households, business, governments, and foreigners
- The addition to total revenue created by selling one additional unit of ouput.
- The amount of one good that must be sacrificed to obtain an alternative good
- A very high rate of inflation, under which prices go up very rapidly, often more than 1,000 percent in a year. This causes money to become a poor store of value.
- A sustained decline in economic activity
- The amount of output that results in no shortage or surplus, the amount of goods and service bought and sold in the economy
- The lowest point of a business cycle
- A measure of the price level, or the average level of prices.
- Law that states that when the price of a product increases, the quantity supplied increases
- Using resources to their maximum potential
- The dollar value of production within a nation's border.
- The supply of all goods and services by all producers in the economy
- A hypothetical economy with no foreign trade
- The ability to produce something more efficiently
- A special tax imposed on imported goods.
- Economic problems encountered by the nation as a whole
- Fluctuations in real GDP around the trend value; also called economic fluctuations.
- Situation that exists when government spending exceeds tax revenues
Down
- The increase of the value of a currency in terms of another currency
- Period in which a recession becomes prolonged and deep, involving high unemployment.
- The difference between the maximum price a consume is (or would be) willing to pay and the price he or she actually pays.
- A way of measuring the GDP by adding up all spending on final goods and services during a given year.
- Changes, adjustments, and strategies that the governments implements in spending or taxation to achieve particular economic goals.
- An industry structure in which there is only one seller for a product.
- A sustained rise in most prices in the economy
- The ability to produce something with a lower opportunity cost
- An initial change in spending in the economy that will have a magnified, or multiplied, effect on income
- Exports minus imports
- Economic problems faced by individual units within the overall company
- The dollar value of production by a country's citizens.
- Theory that opposes Classical theory by emphasizing the short run and focusing on economies that are operating below full capacity
- An economic system where supply and demand determine prices
- Decisions of individual producers and consumers determine what how and for whom to reduce. Minor Government interference. Economy is run by itself.
- The rate of interest the FED charges when it makes loans to depository institutions
- Spending by the government that is less than tax revenues
- The conflict between limited resources and unlimited human wants; the basic economic problem facing all societies.
- Economy in which the central government dictates what will or will not be produced and who gets what
- Law that states that when the price of a product increases, the quantity demanded decreases, ceteris paribus
- Term used to describe the situation when the economy experiences inflation and a recession simultaneously
- Money that is not backed by any precious commodity
- Period in which the economy moves from a trough to a peak and a real GDP is increasing; also called a boom.
43 Clues: Exports minus imports • GDP adjusted for the price changes • The lowest point of a business cycle • A sustained decline in economic activity • A special tax imposed on imported goods. • Using resources to their maximum potential • A hypothetical economy with no foreign trade • A sustained rise in most prices in the economy • ...
Economics Key Terms 2016-03-04
Across
- The alternative you get when you make an economic choice
- of production What or how it is produced
- Someone who makes goods or provides service
- Human time and effort going in to make a product
- To make decisions to what you believe is right
- Are things needed in order to survive
- Practice of examining the cost and benefits
- The satisfaction gained from use of a good or service
- When there is not enough resources to meet human wants
- Are physical objects such as clothing
- Resources made and used by people to distribute goods and services
Down
- The willing to take risk and use skill to create and run a bussniess
- Where natural resources can be found to produce goods.
- The benefit of the good or service received
- The way people choose to use their resources and satisfy their wants
- Work someone performs for another payment
- The cost of using one more unit of good or service
- Decision of the next based option
- Someone who buys good or service for personal use
- Befits offer to encourage people to act in certain ways
- Are desires that can be satisfied by a consuming good or service
21 Clues: Decision of the next based option • Are things needed in order to survive • Are physical objects such as clothing • of production What or how it is produced • Work someone performs for another payment • The benefit of the good or service received • Someone who makes goods or provides service • Practice of examining the cost and benefits • ...
business and economics 2023-10-27
Across
- A state of balance in a market where demand equals supply.
- The desire for a product or service in the market.
- Ownership or possession of something, often real estate.
- The ability of a business to generate profit.
- Borrowed money that is expected to be paid back with interest.
- Putting money into a project or business to make a profit.
- The day-to-day activities of a business.
- The movement of money in and out of a business.
- The money available for a company's day-to-day operations.
- The organized effort to provide goods and services to meet a need.
- Deciding the cost of a product or service.
Down
- The specific group of people a product or service is intended for.
- The process of creating or improving something, like a building or area.
- Promoting and selling products or services.
- Other businesses that offer similar products or services
- The money spent to run and maintain a business.
- The amount of a product or service available for purchase.
- Gathering information about consumers and competitors in a market.
- The cost of borrowing money, typically expressed as a percentage.
- Introducing new ideas, methods, or products in a business.
20 Clues: The day-to-day activities of a business. • Deciding the cost of a product or service. • Promoting and selling products or services. • The ability of a business to generate profit. • The money spent to run and maintain a business. • The movement of money in and out of a business. • The desire for a product or service in the market. • ...
Crossword Puzzle (Economics) 2023-11-21
Across
- THE PRICE AT WHICH DEMAND AND SUPPLY ARE EQUAL
- PRODUCERS HAVE AN AIM OF...
- THE AMOUNT OF GOODS AND SERVICES CONSUMERS ARE WILLING TO BUY AT AGIVEN PRICE.
- SOMETHING THAT AFFECTS A SITUATION
- THE DESIRE FOR GOODS AND SERVICES
- A GOOD THAT CAN BE USED AS REPLACEMENT FOR ANOTHER GOOD.
- THE HUMAN CONTRIBUTION TO PRODUCTION
- THE RESPONSIVENESS OF DEMAND TO A CHANGE IN PRICE
- THE HIGHEST VALUED ALTERNATIVE THAT IS FOREGONE
- INCREASE IN THE LEVEL OF OUTPUT
Down
- GOODS THAT ARE PURCHASED BY FIRMS.
- MONEY THAT IS PAID BY THE GOVERNMENT TO MAKE PRICES LOWER.
- A TAX ON A PARTICULAR GOOD.
- HOW MUCH GOODS ARE SOLD FOR
- A FIRM IS PREPARED TO SUPPLY MORE AS THEIR PRICE IS INCREASED
- BUSINESSES OWNED BY INDIVIDUALS OR GROUPS OF INDIVIDUALS
- WHEN CAPACITY IS FIXED THEREFORE SUPPLY WILL NOT FLUNCTUATE
- IF THE RESULT IS 1 OR ABOVE WE CAN SAY DEMAND IS...
- A GOOD THAT COMPANIES ANOTHER GOOD.
- GOODS THAT ARE BENEFICIAL TO SOCIETY.
20 Clues: PRODUCERS HAVE AN AIM OF... • A TAX ON A PARTICULAR GOOD. • HOW MUCH GOODS ARE SOLD FOR • INCREASE IN THE LEVEL OF OUTPUT • THE DESIRE FOR GOODS AND SERVICES • GOODS THAT ARE PURCHASED BY FIRMS. • SOMETHING THAT AFFECTS A SITUATION • A GOOD THAT COMPANIES ANOTHER GOOD. • THE HUMAN CONTRIBUTION TO PRODUCTION • GOODS THAT ARE BENEFICIAL TO SOCIETY. • ...
Module 5 Economics 2023-12-01
Across
- human time, skills, effort and talent to make goods and services
- combine elements of traditional, command and market economies all in one, the most common economic system in the world
- the govt decides what, how, when, and how much to produce, what to sell it for and how much to pay the workers
- 66% of world population lives in these countries that have less productive economies and lower quality of health care, education and live overall
- someone who takes a risk financially and personally to start a business
- based on long established customers, the work is focused on survival
- Occurs when there are not enough resources to meet people's needs or wants
- a person who purchases goods and services for personal use; their decisions drive supply and demand
- money left over after all cost of production is paid for
- these four factors are basic economic resources that are needed for basic goods and resources
- activities provided by others that you pay a fee
Down
- provide raw materials needed to produce goods
- these countries are very industrialized, have strong economies and best healthcare and education in the world
- goods used to make other goods and services
- the amount of good or service a business is willing and able to produce
- the desire for a good or service and the amount people are willing to pay for it
- occurs when people are free to exchange goods and services, choose their careers, own a business with little government intervention
- the value of ALL goods and services produced within a country in a single year; helps tell the story of how successful a country is
- tangible products you can touch, eat, use, smell, see
- based on private ownership, free trade and competition, prices are determined by supply and demand
- is the study of economies
- a way in which a society organizes the production and distribution of goods and services
- a system of producing, buying and selling of goods and services
23 Clues: is the study of economies • goods used to make other goods and services • provide raw materials needed to produce goods • activities provided by others that you pay a fee • tangible products you can touch, eat, use, smell, see • money left over after all cost of production is paid for • a system of producing, buying and selling of goods and services • ...
1st Period Economics 2024-01-10
Across
- my dream of traveling the world
- probably about how much time is wasted in a school day
- why we should be allowed to have airpods in class
- marxism
- nutrition
- life
- skiing
- stakeboarding
- the ocean
- 110 builds or the debate of why homosexuality should not being taught in elementary schools
- led zeppelin
- random animal facts
- 110 brake down
Down
- running
- the ufc
- Sharks
- cooking
- horror movies
- i could talk about the twilight saga
- how speed control is the only variant that matters when putting in golf
- *left this answer blank*
- the gym
- not sure man
- ted talk about procrastination
- music
- unsure
26 Clues: life • music • Sharks • skiing • unsure • running • the ufc • cooking • marxism • the gym • nutrition • the ocean • not sure man • led zeppelin • horror movies • stakeboarding • 110 brake down • random animal facts • *left this answer blank* • ted talk about procrastination • my dream of traveling the world • i could talk about the twilight saga • why we should be allowed to have airpods in class • ...
Economics and Consumerism 2022-06-17
Across
- A series of military operations intended to achieve a particular objective, confined to a particular area, or involving a specified type of fighting.
- A condition where the costs of living increases as a result of raising prices and wages.
- A commander of an army, or an army officer of very high rank.
- Services provided by government to reduce economic inequalities and promote the well-being of citizens.
- Tax based on a percentage of a person's income.
- Healthcare payed for by individuals.
- A collection of weapons and military equipment stored by a country, person, or group.
- A decision made by consumers to stop buying a product or service as a way to bring about change.
- A financial plan showing expected income and expenditures over a period of time.
- A state formally cooperating with another for a military or other purpose.
Down
- A person or nation engaged in fighting during a war.
- Health care paid for by taxes.
- Economic activity based on buying and selling products and services illegally.
- Misrepresenting what you earn to avoid paying taxes.
- A concept in statistics that means the middle number in a set of data organized in order of least to most.
- A federal sales tax in Canada.
- Tax paid at the time of buying a product or service, and based on a percentage of the price of the product or service.
- Money made from a product or service above and beyond the cost of providing the product or service.
- The wants and needs of consumers for products and services.
- A toll or tax charged by a government on goods which are imported and exported.
20 Clues: Health care paid for by taxes. • A federal sales tax in Canada. • Healthcare payed for by individuals. • Tax based on a percentage of a person's income. • A person or nation engaged in fighting during a war. • Misrepresenting what you earn to avoid paying taxes. • The wants and needs of consumers for products and services. • ...
Economics and Consumerism 2022-06-17
Across
- A condition where the costs of living increases as a result of raising prices and wages.
- Money made from a product or service above and beyond the cost of providing the product or service.
- A federal sales tax in Canada.
- Health care paid for by taxes.
- Tax based on a percentage of a person's income.
- Healthcare payed for by individuals.
- A concept in statistics that means the middle number in a set of data organized in order of least to most.
- A toll or tax charged by a government on goods which are imported and exported.
- A collection of weapons and military equipment stored by a country, person, or group.
Down
- Tax paid at the time of buying a product or service, and based on a percentage of the price of the product or service.
- Services provided by government to reduce economic inequalities and promote the well-being of citizens.
- A financial plan showing expected income and expenditures over a period of time.
- Economic activity based on buying and selling products and services illegally.
- A series of military operations intended to achieve a particular objective, confined to a particular area, or involving a specified type of fighting.
- A person or nation engaged in fighting during a war.
- A commander of an army, or an army officer of very high rank.
- A decision made by consumers to stop buying a product or service as a way to bring about change.
- Misrepresenting what you earn to avoid paying taxes.
- A state formally cooperating with another for a military or other purpose.
- The wants and needs of consumers for products and services.
20 Clues: A federal sales tax in Canada. • Health care paid for by taxes. • Healthcare payed for by individuals. • Tax based on a percentage of a person's income. • A person or nation engaged in fighting during a war. • Misrepresenting what you earn to avoid paying taxes. • The wants and needs of consumers for products and services. • ...
Unit 4 Economics 2022-10-11
Across
- A person that can be claimed on your taxes
- employee benefit that commits the employer to make regular contributions to a pool of money that is set aside in order to fund payments
- The action of leaving ones job and ceasing to work, typically due to old age
- A form filled out at the beginning of employment so that the company knows how much to withhold
- A retirement plan for certain indiviuals
- Medical insurance for low-income families or children with disabilities
- A type of college saving plan
- Medical insurance for an individual, typically an older person
- income collected, typically by a business or state
- a direct tax levied by the state based on income earned
- taxable income that may be excluded from taxation under certain circumstances
- replaces a percentage of your pre-retirement income based on their lifetime earnings
- a tax paid on property owned by an individual or other legal entity
- individual retirement arrangement
- The right to exclude some/all income on taxes
Down
- taxes that are imposed on various goods, services and activities
- individual retirement account
- A series of forms filled out to the government showing how much you have earned
- Income that is leftover after taxes are paid
- tax levied by a government directly on income
- A account that you put money into that can be taken out to pay for certain healthcare costs
- a retirement savings and investing plan that employers offer
- Amount of somebody's income that is left for spending
- a profit from the sale of property or an investment
- A type of tax paid directly to national government, NOT the state
- Money typically acquired in the event of a persons death
- Tax on your right to transfer property after death
- a compulsory contribution to state revenue Income, particularly of a business of state
28 Clues: individual retirement account • A type of college saving plan • individual retirement arrangement • A retirement plan for certain indiviuals • A person that can be claimed on your taxes • Income that is leftover after taxes are paid • tax levied by a government directly on income • The right to exclude some/all income on taxes • ...
Economics of Sports 2022-10-05
Across
- - Forbid teams from going above the salary cap
- - More of a resource than demanded
- - Market diamond and supply balance each other
- - Football Union
- - Basketball Union
- - Allows teams to go above the salary cap, by reducing privileges in free agency
- - An agreement or rule that places a limit on the amount of money that a team can spend on players salaries
- - Collective refusal by employees to work under certain conditions
- - A player who can sign an offer sheet with any team, but that offer can also be matched by the former team
- - Baseball Union
- - Goods or services that restrict some people from using them
- - A tax on goods considered expensive
- - An agreement between two or more nations to allow goods, services, money and workers to move over borders freely
- - A player who is eligible to sign with other clubs or franchises
- - Every single person can access a certain public good and consume it
Down
- - A player who is free to sign with any team
- - An increase in the level of economic activity
- - When demand is higher than the supply
- - Resources are limited
- - The amount of product
- - Negotiation of wages and employment benefits
- - A work stoppage initiated by management of a company during a labor dispute
- - A player selected as a unrestricted free agent, guaranteeing another year under contract if conditions aren't met
- - An employment agreement
- - Raw materials/supplies
- - A contract for a restricted free agent by a team other than the one previously played for
- - Hockey Union
- - A consumers desire
- - Management of the resources, finances, income, and expenditure of a community, business enterprise
29 Clues: - Hockey Union • - Football Union • - Baseball Union • - Basketball Union • - A consumers desire • - Resources are limited • - The amount of product • - Raw materials/supplies • - An employment agreement • - More of a resource than demanded • - A tax on goods considered expensive • - When demand is higher than the supply • - A player who is free to sign with any team • ...
Economics Crossword Puzzle 2023-02-28
Across
- It is the point in the business cycle between an economic expansion ends and a contraction begins. It normally occurs when there is an increase in output, demand income, investments, employment, standard of living, prices and profit. The point is known as the ____ in the business cycle?
- Tangible items sold for a profit.
- Goods Goods that satisfy the same demand.
- Resources Land, Labour Capital these are all classified as ________ _________?
- The icebox is ________ because refrigerators are now more common and can be found in almost every household.
- This occurs when demand peaks and starts to decline, which leads to a decrease in investments, the stock market falls, an increase in unemployment and production cutbacks. What is this called?
- The process of creating and/or selling products and/or services that satisfy customer demands and/or desires on a profit-making basis
- Shelter is a ____, as it is a necessity to survive.
- Economy The ___________ Economy is one that has been following the same rule and format, with time-honoured practices, passed down for generations as it is often family and/or tribe/group based.
- Goods An item which can be seen or touched but is not necessary for survival.
- Actualization An artist that is currently not profiting from his art still continues to paint because it is fulfilling and brings him happiness. What is this called?
- Goods Goods purchased and used together. Their demand and price moves together as well. Ex. If the demand for Shampoo has increased so will the demand for conditioner.
Down
- People that make/provide goods and services to sell for a return.
- Needs A human being needs the following things for survival; Food, water, shelter, and clothing. What level on the Maslow’s Hierarchy is this a part of?
- Business Cycle Alternating periods of expansion and contraction caused by changes to the real GDP.
- Robux is the online game currency of the game Roblox. It is __________ because it is not a physical thing.
- Activities/actions/benefits/ provided for sale. They are intangible.
- Supplied The specific point on the line that represents the Quantity Supplied at a specific price
- Needs Acceptance, Inclusion, Affection, Love, Belonging, Care. These are all a part of which level of the Maslow’s Hierarchy?
- Demanded The specific point on the line that represents the quantity demanded at a specific price.
- Someone who uses/consumes the goods purchased.
- Joe desires the latest pair of Jordans, although he just bought a pair 6 months ago. This is non-essential, therefore it is a ____.
- of Demand As the price of Ice Cream increases, the demand for it decreases. As the price of Ice Cream decreases, the demand for it increases. It is a negative, inverse relationship called The ____ ___ ________.
- of Supply As the price of Jordans increases, the more Nike wants to sell the product. As the price of Jordans decreases, the less Nike wants to sell. This is a positive relationship called The _____ ___ ______.
- Sarah asks her husband Kevin to purchase some penne pasta. Kevin will not be eating the pasta but is the one purchasing it for Sarah. What is he called?
25 Clues: Tangible items sold for a profit. • Goods Goods that satisfy the same demand. • Someone who uses/consumes the goods purchased. • Shelter is a ____, as it is a necessity to survive. • People that make/provide goods and services to sell for a return. • Activities/actions/benefits/ provided for sale. They are intangible. • ...
Economics Chapter 10 2023-02-14
Across
- (FDIC)- US government institution that provides deposit insurance on the depositor’s account
- person who owns a share or shares of stock in a corporation; same as a stockholder
- account whose funds can be removed from a bank or financial institution by writing a check or using a debit card.
- money or other substance generally accepted as payment for goods and services; one of the three functions of money
- bank that receives its charter from the state in which it operates.
- standard unit of currency in a country’s money supply; American dollar, British pound.
- coins, currency, checks, traveler’s checks, or DDAs
- a bank that can lend to other banks in times of need or a “banker’s bank.”
- for of business organization recognized by law as a separate legal entity with all the rights and responsibilities of an individual, including the right to buy and sell property, enter into legal contracts, sue and be sued.
- receipt showing that an investor has made an interest-bearing loan to a financial institution
- sudden rush by depositors to withdraw all deposited funds, generally in anticipation of bank failure or closure.
- saving deposits, time deposits, money market funds
- bank that receives its charter from the state in which it operates.
- formula used to compute the amount of a depository institution’s required reserves
- nonprofit service cooperative that accepts deposits, makes loans, and provides other financial services.
- currency that must be accepted for payment by decree of the government
- paper currency backed by gold; issued in 1863 until recalled in 1934.
Down
- paper currency backed by silver; issued from 1878 to 1968.
- moneyless economy that relies on trade or barter
- commercial bank chartered by the National Banking System
- currency backed by government bonds and issued by commercial banks in the National Banking System
- money by government decree; has no alternative value or use as a commodity.
- certificate of ownership in a corporation or preferred stock.
- money that has an alternative use as an economic good; gunpowder, flour, corn, etc.
- a system in which the basic unit of currency is equivalent to and can be exchanged for a specific amount of gold.
- allows people to preserve value for future use.
- paper currency issued by the Fed that eventually replaced all other types of federal currency.
- privately owned, publicly controlled, central bank of the United States
- money in the form of gold or silver
- brief period during which all banks or depository institutions are closed to prevent bank runs.
- allows money to serve as a common denominator to measure value.
31 Clues: money in the form of gold or silver • allows people to preserve value for future use. • moneyless economy that relies on trade or barter • saving deposits, time deposits, money market funds • coins, currency, checks, traveler’s checks, or DDAs • commercial bank chartered by the National Banking System • paper currency backed by silver; issued from 1878 to 1968. • ...
Economics Chapter 8 2023-02-15
Across
- purpose of business, number of shares of stock, and other features of the business
- places where entrepreneurs can receive the training to build a successful start-up business.
- merger combination of firms involved in different steps of manufacturing, marketing, or sales.
- check paid to stockholders, usually quarterly, representing portion of corporate profits
- investors informal and usually affluent investors who provide funds to less-promising start-ups.
- gradual wear on capital goods.
- capitalist provider of investment funds to a start-up business in exchange for partial ownership of the business.
- written government approval to establish a corporation; includes company name,
- measure of business profits determined by subtracting all expenses, including taxes, from revenues
- merger combination of firms producing the same kind of product.
- unincorporated business owned and run by a single person who has rights to all profits and unlimited liability for all debts of the firm; most common form of business organization in the United States
- requirement that an owner is personally and fully responsible for all losses and debts of a business; applies to proprietorships and general partnerships
Down
- stock of goods held in reserve; includes finished goods waiting to be sold and raw
- corporation producing and selling without regard to national boundaries and whose business activities are located in several different countries.
- report showing a business’s sales, expenses, and profits for a certain period, usually three months or a year.
- people who own a share or shares of stock in a corporation
- firm with four or more businesses making unrelated products, with no single business responsible for a majority of its sales.
- using social networking to appeal to potential investors.
- form of business organization recognized by law as a separate legal entity with all the rights and responsibilities of an individual, including the right to buy and sell property, enter into legal contracts, and to sue and be sued
- to be used in production
- total amount of new funds the business generates from operations; broadest measure of profits for a firm because it includes both net income and noncash charges.
- formal contract to repay borrowed money and interest on the borrowed money at regular future intervals
22 Clues: to be used in production • gradual wear on capital goods. • using social networking to appeal to potential investors. • people who own a share or shares of stock in a corporation • merger combination of firms producing the same kind of product. • written government approval to establish a corporation; includes company name, • ...
Unit 1 Economics 2024-02-05
Across
- factor of production- goods/machinery that increase production
- factor of production- putting the other three factors together to create a product or service
- a person who consumes products/services- ___ Perspective on demand curve
- a tangible product you can purchase
- an intangible act of assistance
- the price that balances quantity supplied and quantity demanded
- Demand/Supply ____- measurement of supply and demand on a graph
- Demand/Supply ____- measurement of supply and demand in a table
- as price increases, quantity supplied increases
Down
- factor of production- people working on your product/service
- Limited quantities of resources to meet unlimited wants
- when the demand/supply curve increases, the curve shifts _____
- factor of production- raw materials/agriculture
- the cost of the next best alternative
- when supply outnumbers demand
- how society manages its scarce resources through choices and decisions
- when demand outnumbers supply
- when the supply/demand curve decreases, the curve shifts ____
- a place where buyers and sellers exchange goods
- as price increases, quantity demanded decreases
- a person who sells a product/service- ____ Perspective on supply curve
21 Clues: when supply outnumbers demand • when demand outnumbers supply • an intangible act of assistance • a tangible product you can purchase • the cost of the next best alternative • factor of production- raw materials/agriculture • a place where buyers and sellers exchange goods • as price increases, quantity demanded decreases • as price increases, quantity supplied increases • ...
Jake's economics puzzle 2024-04-03
Across
- someone that hires people
- an item that a company sells
- currency
- a job
- the amount you can spend on one thing
- an economic and political system
- someone that is hired
- things becoming more expensive over time
Down
- the person that buys the product
- how much of a product that the supplier has
- how much someone wants a product
- how much you pay for the item
- the study of money
- a tax on items
- money you give to the government
- the act of getting hired
- money that is borrowed
- money the bank gives you
- america's form of market
- the person that sells a product
20 Clues: a job • currency • a tax on items • the study of money • someone that is hired • money that is borrowed • the act of getting hired • money the bank gives you • america's form of market • someone that hires people • an item that a company sells • how much you pay for the item • the person that sells a product • the person that buys the product • how much someone wants a product • ...
Economics Vocabulary Review 2024-05-02
Across
- Generally associated with machines and other capital goods
- Only has value because the government says it does.
- The recommended way to hold food while slicing
- When buyer and seller agree to do business together
- A type of business operated for the mutual benefit of the owners
- Persons or institutions to whom money is owed
- The strategy of holding different investments to minimize risk
- The desire, ability, and willingness to buy a product
- Determined by the relationship between surplus and shortage
- The amount of output in a specific amount of time with a given amount of resources
Down
- The amount of a product offered for sale at all possible prices in a market
- The value of the next best alternative
- The extra cost of producing one more unit of output
- Market in which goods and services are sold illegally
- Assets that can be converted to cash with little or no interest payments
- The combination of scarcity and utility of a product
- Physical items used as a medium of exchange
- A company with four or more businesses that make unrelated products
- A general rise in the level of prices over time
- The most common example of division of labor
20 Clues: The value of the next best alternative • Physical items used as a medium of exchange • The most common example of division of labor • Persons or institutions to whom money is owed • The recommended way to hold food while slicing • A general rise in the level of prices over time • The extra cost of producing one more unit of output • ...
UNP ECONOMICS REVIEW 2024-07-22
Across
- Bitcoin is a form of ___ currency.
- A bank office is called a ___.
- It controls us.
- If you want to save money you should spend or ___ it.
- What people pay the government for goods and services (10%).
- To move money from one account to another.
- What the bank charges you on a loan.
- A money plan that companies and people use to check how much money they can spend.
- To put money into your banc account.
- Your monthly wage.
- Stocks, bonds and real estate are ways to ___ your money.
- The company had a good year so it will make a ___.
- I want to buy a car so I need to ___ money from the bank.
- When people invest in a company, they buy ___.
- The opposite of save.
- What is a house loan called?
- After the dinner I paid the ___.
Down
- Australian currency.
- Money you have in your bank account are called ___.
- You can pay by cash or ___ card.
- To get money or a house, as a gift, from someone who has died.
- To take money out of your bank account.
- A person who buys and sells shares.
- A person that works at the bank counter.
- To give money to a charity.
- ATM = ___ Teller Machine.
- A person who buys things or pays for services
- Physical money is banknotes and ___.
- Japanese currency.
- You can get a ___ from the bank to buy a car.
- It is important to ___ money for the future.
- To take something illegally.
32 Clues: It controls us. • Your monthly wage. • Japanese currency. • Australian currency. • The opposite of save. • ATM = ___ Teller Machine. • To give money to a charity. • To take something illegally. • What is a house loan called? • A bank office is called a ___. • You can pay by cash or ___ card. • After the dinner I paid the ___. • Bitcoin is a form of ___ currency. • ...
Economics Crosswords Puzzle 2024-09-22
Across
- describes supply/demand that is not very sensitive to price changes.
- a measure of how consumers respond to price changes.
- a minimum price for a good or service.
- the total amount of money a company receives by selling goods or services.
- a maximum price that can legally be charged for a good or service.
- a chart that lists how much of a good a supplier will offer at various prices.
- any price or quantity not at equilibrium.
- a measure of the way quantity supplied reacts to a change in price.
- when quantity demanded is more than quantity supplied.
- a Latin phrase that means "all things held under constraint."
Down
- the inverse relationship between price and quantity demanded that states, "consumers will buy more of a good when its price is lower and less when its price is higher."
- the point at which the demand for a product or service is equal to the supply of that product or service.
- goods that are used in place of one another.
- two goods that are bought and used together.
- when consumers react to an increase in a good's price by consuming less of that good and more of a substitute good.
- the direct relationship between price and quantity supplied that states, "producers offer more of a good as its price increases and less as its price falls."
- when quantity supplied is more than quantity demanded.
- describes supply/demand that is very sensitive to a change in price.
- a table that lists the quantity of a good a person will buy at various prices in a market.
- the change in consumption that results when a price increase causes real income to decline.
- the amount of goods available.
- the desire to own something and the ability to pay for it.
22 Clues: the amount of goods available. • a minimum price for a good or service. • any price or quantity not at equilibrium. • goods that are used in place of one another. • two goods that are bought and used together. • a measure of how consumers respond to price changes. • when quantity supplied is more than quantity demanded. • ...
Year 9 Economics 2023-08-02
Across
- (2 words) The goods that we export the most of (look at the graphs).
- (2 words) The name given to the system that includes all steps it takes to produce goods and services (raw materials, labour, assembly, etc).
- Goods and services bought and brought in from overseas countries.
- (2 words) Other name given to transnational corporations.
- Goods and services sold and sent to overseas countries.
- (2 words) The industry in which people are employed to create goods by using various resources.
- The continent with the third highest GDP in the world (look at the charts).
- What consumers provide to the financial sector.
- (3 words) What FOP stands for.
- (2 words) Companies that operate across multiple nations.economiesofscale (3 words) This is the name given to the benefit that allows TNSc to save money on costs by increasing the amount of goods/services produced.
- (2 words) The name given to the industry that provides services.
Down
- (2 words) The exchange of money from consumers to producers.
- What source of income do TNCs provide the government of the countries they are choosing to operate in with?
- The acronym given to the law passed by the Australian government to prevent TNCs from avoiding paying their taxes.
- What the financial sector provides to producers.
- (2 words) What the government sector provides to producers.
- The acronym given to the metric used by economists to measure a country's economic health.
- The name of the country we both import from and export to the most (look at the graphs).
- (3 words) This is the name given to the benefit that allows TNSc to save money on costs by increasing the amount of goods/services produced.
- (2 words) This is one of the benefits enjoyed by developing nations when TNCs locate their factories there.
- The other name given to the good we import the most (look at the graphs).
- (2 words) The name given to the industry that harvests produce or raw materials.
22 Clues: (3 words) What FOP stands for. • What consumers provide to the financial sector. • What the financial sector provides to producers. • Goods and services sold and sent to overseas countries. • (2 words) Other name given to transnational corporations. • (2 words) What the government sector provides to producers. • ...
Economics Chapter 2 2023-01-06
Across
- Independent Polish Labor union founded in 1980 by Lech Walesa
- Market in which goods and services are sold illegally
- Economic system that has some combination of traditional, command, and market economies
- Idependently owned group of Japanese firms joined and governed by an external board of directors in order to regulate competition
- Shift of an economy, or part of an economy, from private ownership to government ownership
- Economic and political system in which factors of production are collectively owned and directed by the state
- Certificates that could be used to purchase government-owned property during privatization
- Central planning authority in the former Soviet Union that devised and directed the Five-Year Plan
- Gross domestic product on a per person basis
- China's second Five-Year Plan, began in 1958, which forced collectivization of agriculture and rapid industrilization
- Economic system in which government owns some factors of production and has a role of determining what and how goods are produced
- Economi system in which the allocation of scarce resources, and other economic activityis the result of ritual, habit, or custom
- Fundamental restructuring of the Soviet economy
- Successor of the European Coal and Steel Community established in 1993 by the Maastricht Treaty
- Meeting place or arrangement through which buyers and sellers interact to determine price and quantity of an economic product
Down
- Economic system in which private citizens own and use the factors of production in order to generate profits
- Economic system in which supply, demand, and the price system help people allocate resources and make the WHAT, HOw, and FOR WHOM to produce decisions.
- Worst period of economic decline in US history, lasting from aproximateky 1929 ro 1939
- Production process requiring large amouts of cpital in relation to labor
- Forced common ownership of factors of production
- Economic system characterized by a centrak authority that makes most of the major economic decisions
- Number of people per square mile of land area
- Organized way a society provides for the wants and needs of its people
- Comprehensive, centralized economic plan used by the Soviet Union and China to coordinate development of agriculture and industry
- Conversion of state-owned factories and other property to private ownership
25 Clues: Gross domestic product on a per person basis • Number of people per square mile of land area • Fundamental restructuring of the Soviet economy • Forced common ownership of factors of production • Market in which goods and services are sold illegally • Independent Polish Labor union founded in 1980 by Lech Walesa • ...
Brady,p5,Economics 2023-01-24
Across
- in short supply
- small pieces of a company
- how money is made and spend in a certain area
- a system of dollars and coins
- focus on one type of work or business
- money we pay to the goverment
- how many consumers want to buy the particular products
- things from nature that people can use
- cost of things we have to buy
- goals for how we will use our money
Down
- a system of buying and selling stocks or invests in a company
- protect our resources so we don't lose them
- money earned by work
- money that is owed to someone
- the people or services that buy products and services
- improving the economiy like how it improved during the new deal era
- farming
- trading for goods and services
- a person receives money or income for work they do
- workers or employees
- what we get from a choice that we made
21 Clues: farming • in short supply • money earned by work • workers or employees • small pieces of a company • money that is owed to someone • a system of dollars and coins • money we pay to the goverment • cost of things we have to buy • trading for goods and services • goals for how we will use our money • focus on one type of work or business • things from nature that people can use • ...
Grade 11 Economics 2022-06-22
Across
- the cost of borrowing or lending money; you can get this extra money if you have a savings account
- this can make an APY go up; if this increases, it's more expensive for you to invest
- you give someone money that they pay back later
- if an investment is low ____, then the rate of return (interest) is also low
- to use your money to participate in a business
- if your money is ______, you will always get money back, even if something bad happens
- this means that shareholders make money from selling a stock
- a share of ownership in a business
- to put money into a bank account
- when you invest, you should plan ____________ so you don't lose money
- a _______date is when your CD money is available
- if you have this, you lend your money to a business or government; they can invest it
- buying a house or a car is a ________ goal
Down
- money shared with stockholders
- to have a MMF, you usually need a high _________
- an investment than can easily and quickly become cash
- to take out your money
- a bank account where you store money for a long time
- a place where stocks are bought and sold
- APY
- CD is a _________ of Deposit
- a person who buys and sells stocks
- you ask someone to give you money that you pay back later
23 Clues: APY • to take out your money • CD is a _________ of Deposit • money shared with stockholders • to put money into a bank account • a share of ownership in a business • a person who buys and sells stocks • a place where stocks are bought and sold • buying a house or a car is a ________ goal • to use your money to participate in a business • ...
Year 8 Economics 2022-08-17
Across
- contracting work from an outside supplier
- the type of business Coles is
- the market in which a bank belongs to
- places you can buy and sell goods/services
- the sector that controls welfare payments
- a business owned by two people
- the sector that provides labour to businesses
- people that are employed
- financial support payments paid by the government
- People who buy goods/services
- the market in which you buy & sell shares
Down
- work, generally physical work
- the want for a particular good/service
- the spread of the flow of financial products, goods, technology, information, and jobs across national borders and cultures
- a business owned by one person
- the sector that pays wages
- the market that shops belong to
- People who provide goods/services
- _______ liability; loss will not exceed investment
- the amount of a good/service
- people that employ
- basing your company overseas
- ________ liability; each owner is wholly responsible for debt
23 Clues: people that employ • people that are employed • the sector that pays wages • the amount of a good/service • basing your company overseas • work, generally physical work • the type of business Coles is • People who buy goods/services • a business owned by one person • a business owned by two people • the market that shops belong to • People who provide goods/services • ...
Economics Vocabulary 1 2023-08-10
Across
- This is the process of separating the tasks in the process of production and assigning different tasks to different workers.
- Not using all of the productive resources available
- Land, labor, capital, and entrepreneurship
- This is the change in the total cost of an item that occurs when the quantity produced changes by one unit.
- This is a person who takes the risk of a new business enterprise.
- When marginal benefits are greater than marginal costs.
- A tool or equipment used to produce other goods.
- The study of choices and how a society allocates scarce resources
- Something that is not vital to sustain life
- This is the act of buyers and sellers freely and willingly engaging in market transactions.
- Using all of the productive resources to their full potential
- This is when resources are limited and the need for a good or service is higher for a society than what is produced.
- This is when each worker performs a specific task in production.
- These are the factors of production used in the making of goods and services.
- This is an economic situation related to opportunity cost in which one thing is given up in order to do something else.
- This is an additional or extra benefit associated with an action.
Down
- Any factor, usually financial, to influence one choice over another by an individual or business.
- This is equipment and factories used in the production of goods and services.
- This is the value lost when one alternative is chosen over another.
- Something is vital to sustain ones life
- Anything that takes away something from you (Time, Money, Opportunity)
- This is one of the main factors of production. It is the measure of the work done by people.
- This is one of factors of production (productive resource), referring to anything that is taken from the earth during the production of a good or service.
- Method of distribution of goods and services
- Anything that brings value
25 Clues: Anything that brings value • Something is vital to sustain ones life • Land, labor, capital, and entrepreneurship • Something that is not vital to sustain life • Method of distribution of goods and services • A tool or equipment used to produce other goods. • Not using all of the productive resources available • When marginal benefits are greater than marginal costs. • ...
Economics Key Terms 2022-10-14
Across
- Increasing opportunity costs would be represented by what shape PPF?
- A general explanation of a set of interrelated events.
- A good which is not scarce and therefore has zero opportunity cost
- The value of the next best alternative that must be given up or sacrificed in order to obtain something else.
- Normative Economic is based on this.
- Wrote the book, “The General Theory of Employment, Interest and Money” (often abbreviated to “the General Theory”).
- The satisfaction derived from consuming something.
- The study of choices leading to the best possible use of scarce resources in order to satisfy unlimited human needs and wants.
- “The UK Government should spend more on education” in an example of this type of statement.
- Refers to the situation in which available resources, or factors of production, are finite, whereas wants are infinite.
- Divide by this to calculate the average National Output per person.
- Withdrawals from the Circular Flow of Income.
- Measures the value of current output valued at current prices.
- Positive Economics uses this type of method to arrive at knowledge about the economic world.
- Simple model that illustrates some of the economic concepts and relationships which help us understand the overall economy.
- A price index commonly used to convert nominal GDP to real GDP.
Down
- At “Full Employment” what still exists in the economy?
- Represents average growth over long periods of time.
- Type of injection to an economy selling to other countries.
- The Factor of Production for which Profits are received in return for its provision.
- The concept of one extra unit.
- “Inflation has risen to 9.3% in H1 2021” is an example of this type of statement.
- A straight line PPF would indicate the presence of what type of opportunity cost?
- Method used to apportion or divide something up between its interested users.
- Measures the value of current output valued at constant (base year) prices.
- What type of hand did Adam Smith use to describe the mechanism by which markets (based on the self-interested behaviour of decision makers) allocate scarce resources in the most optimal manner.
- The output represented by the long-term growth trend.
- Refers to actual GDP lies above or below potential GDP.
28 Clues: The concept of one extra unit. • Normative Economic is based on this. • Withdrawals from the Circular Flow of Income. • The satisfaction derived from consuming something. • Represents average growth over long periods of time. • The output represented by the long-term growth trend. • At “Full Employment” what still exists in the economy? • ...
Economics Key Terms 2022-10-14
Across
- Increasing opportunity costs would be represented by what shape PPF?
- A general explanation of a set of interrelated events.
- A good which is not scarce and therefore has zero opportunity cost
- The value of the next best alternative that must be given up or sacrificed in order to obtain something else.
- Normative Economic is based on this.
- Wrote the book, “The General Theory of Employment, Interest and Money” (often abbreviated to “the General Theory”).
- The satisfaction derived from consuming something.
- The study of choices leading to the best possible use of scarce resources in order to satisfy unlimited human needs and wants.
- “The UK Government should spend more on education” in an example of this type of statement.
- Refers to the situation in which available resources, or factors of production, are finite, whereas wants are infinite.
- Divide by this to calculate the average National Output per person.
- Withdrawals from the Circular Flow of Income.
- Measures the value of current output valued at current prices.
- Positive Economics uses this type of method to arrive at knowledge about the economic world.
- Simple model that illustrates some of the economic concepts and relationships which help us understand the overall economy.
- A price index commonly used to convert nominal GDP to real GDP.
Down
- At “Full Employment” what still exists in the economy?
- Represents average growth over long periods of time.
- Type of injection to an economy selling to other countries.
- The Factor of Production for which Profits are received in return for its provision.
- The concept of one extra unit.
- “Inflation has risen to 9.3% in H1 2021” is an example of this type of statement.
- A straight line PPF would indicate the presence of what type of opportunity cost?
- Method used to apportion or divide something up between its interested users.
- Measures the value of current output valued at constant (base year) prices.
- What type of hand did Adam Smith use to describe the mechanism by which markets (based on the self-interested behaviour of decision makers) allocate scarce resources in the most optimal manner.
- The output represented by the long-term growth trend.
- Refers to actual GDP lies above or below potential GDP.
28 Clues: The concept of one extra unit. • Normative Economic is based on this. • Withdrawals from the Circular Flow of Income. • The satisfaction derived from consuming something. • Represents average growth over long periods of time. • The output represented by the long-term growth trend. • At “Full Employment” what still exists in the economy? • ...
ANCIENT CHINESE ECONOMICS 2022-05-26
Across
- Inventor of the wooden wheelbarrow
- Zhuge Lian called his invention the _________
- A road that went from China to Europe & was made to trade silk
- The capital of Ancient China & end of the Grand Canal
- The main thing traded on the Silk Road
- Shipped using the Grand Canal
- A canal made to transfer grain throughout China
- The end of the Silk Road
- What were the warriors who received grain via the Grand Canal on the northern border doing for it?
Down
- The natural disaster that would occur if the Grand Canal caused the natural rivers to overflow
- The Grand Canal significantly hindered the ________ of natural rivers
- The Grand Canal starts in Hangzhou, ________
- A cart used to carry men & materials in battle
- Done all along the Silk Road
- A plague that spread through rodents over the Silk Road
- The dynasty in which major improvements were made to the Grand Canal
- a limitation of the Silk Road
- The starting place of the Grand Canal
- The first place China traded with on the Silk Road
- Trading was the Silk Roads _______
20 Clues: The end of the Silk Road • Done all along the Silk Road • Shipped using the Grand Canal • a limitation of the Silk Road • Inventor of the wooden wheelbarrow • Trading was the Silk Roads _______ • The starting place of the Grand Canal • The main thing traded on the Silk Road • The Grand Canal starts in Hangzhou, ________ • Zhuge Lian called his invention the _________ • ...
KENZO APPLIED ECONOMICS 2025-03-17
Across
- Physical and human effort exerted in production
- The essentials of life such as food and shelter
- Most democratic form of economic system
- it is an Increase in value of an asset overtime
- A market situation in which there are FEW firms producing differential goods
- The authoritative economic system
- A mandatory financial Charge imposed upon a taxpayer by a governmental organization
- Is a condition where there are insufficient resources to satisfy all the needs and wants of a population
- An economic system wherein decisions are based on traditions and practices upheld over the years and passed on from generation to generation
- Specific type of oligopoly where there is only two producers exist in one market
- it is an art of turning idea into business
- Is the study of production, distribution, Selling and use of goods and services
- ____ Marshall described economics as the study of mankind in the ordinary business life
- _____ wage is the minimum amount of remuneration that an employer is required to pay a worker
- The law of demand describes how price affects _______
- Refers to using one’s savings in a way that earns a return
- _____ Scarcity is when a good is scarce compared to its demand
Down
- _____ scarcity is when supply is limited
- Is a good that can be used in place of another
- It is a property in which the owner receives payments from the occupants
- When price goes up, demand goes ____
- Refers to the market situation where there is one seller and there is no close substitute to the commodities sold by the seller
- When income goes up, Consumers buy _____
- A form of market in which there are large numbers of sellers selling differentiated products which are similar in nature but not homogenous
- The amount of a product that is offered for sale at all possible prices in the market
- Price is ____, A feature of perfect competition
- _____ competition is a Market Structure in which large number of sellers sell a homogenous product at uniform price
- Desires for non-essential items
- Man-made resources used in the production of goods and services
- In traditional economy, methods are ______
- Soil and natural resources that are found in nature and are not manmade
- _________ goods are things that are often sold or used together
- A state in which the supply and demand for a given good or service are in balance
- _______ cost refers to the value of the best foregone alternative
- An asset or item acquired with the goal of generating income
- ______ Resources came from nature that are used in production
- Quantities of a particular good or service consumers are willing and able to buy at different possible prices
- Is a division of economics that is concerned with the overall performance of the entire economy
- ______ goods are goods identical in quantity, shape, size, colour, and packaging
- Any firm can ______ or leave the industry whenever it wishes
40 Clues: Desires for non-essential items • The authoritative economic system • When price goes up, demand goes ____ • Most democratic form of economic system • _____ scarcity is when supply is limited • When income goes up, Consumers buy _____ • In traditional economy, methods are ______ • it is an art of turning idea into business • Is a good that can be used in place of another • ...
Economics Crossword Puzzle 2025-02-11
Across
- To come up with a unique idea, thought or fabrication; a new object, device or process that no one has seen or heard of before
- Using new technology, materials, or processes to improve on existing products, or on how they are produced and distributed.
- Businesses rely on many other businesses in order to keep going.
- An item not necessary for survival but adds pleasure and comfort to life
- An item necessary for survival such as food, clothing or shelter
- An item that can be seen or touched
- A theory of psychology explaining human motivation based on the pursuit of different levels of needs
- Assistance provided, usually in return for payments, that satisfies needs and wants of people or businesses that does not result in a product that can be touched
- When you only do part of the process in an assembly line
- A product of service that consumers that no longer want because it has become outdated or outmoded or has been replaced by a new improved product
- LOVE & BELONGING belongs to which type of need
- An economy where a combination of consumers, businesses and government make the decisions
Down
- Means through which goods and services are made available to consumers
- People that work to produce goods and services in a business(workforce)
- Economy where decisions are made based on the past
- Those raw materials that get from the earth, water and air
- Cannot be perceived by touch
- Are goods which, as a result of changed conditions, may replace each other in use(or consumption)
- An individual or business that makes a product
- Consumers and business make the decisions
- Some examples of countries that have this type of economy are Cuba, North Korea, and the former Soviet Union
- An item that can be seen or touched and is essential for survival
- The need to have relationships with others once the physiological and safety needs have been fulfilled
- A person who is living creatively and fully using his or her potentials
- People or businesses that buy goods or services
25 Clues: Cannot be perceived by touch • An item that can be seen or touched • Consumers and business make the decisions • An individual or business that makes a product • LOVE & BELONGING belongs to which type of need • People or businesses that buy goods or services • Economy where decisions are made based on the past • When you only do part of the process in an assembly line • ...
claire's economics puzzle 2025-03-13
Across
- someone who needs someone to hire
- the amount of things that exist
- a percentage of the amount of money you have in the bank that is paid into your account
- tools needed for making things
- money paid to the government
- someone who starts a business
- an account the bank uses to pay you back
- a person who buys something
- the amount of things that a group can produce
- when something is hard to find
- the money that you make working
Down
- the amount of things people want to buy
- what a person gives up in order to get something
- someone who works for the employer
- the study of how we use money
- when there is a lot of something
- doing something very well in a business
- when workers do different parts of a job
- something that can be used in a business
- a rivalry between two companies
20 Clues: a person who buys something • money paid to the government • the study of how we use money • someone who starts a business • tools needed for making things • when something is hard to find • the amount of things that exist • a rivalry between two companies • the money that you make working • when there is a lot of something • someone who needs someone to hire • ...
Natalie's Economics Puzzle 2025-03-13
Across
- when a product is hard to find
- when a product is easy to find
- someone who works for an employer
- the work that someone does
- to pay you back for using your money the bank pays interest for your savings account
- money that you have to pay back
- tax that is charged on money warned form working
- a rivalry between two or more companies
- the amount of products that people are willing to buy
- the amount of things that exist
Down
- a percentage of the total amount you have in the bank that is paid into your account
- a plan for how much money will be spent on each type of item that a person must buy
- doing one thing very well in a business
- limited amount of money that someone earns for their work
- a tax on goods that you buy
- money that is paid to the government
- a person that buys a product
- a service in which you put money in a bank so that you can take it out slowly over time
- a business that makes a product
- the study of how we use money
20 Clues: the work that someone does • a tax on goods that you buy • a person that buys a product • the study of how we use money • when a product is hard to find • when a product is easy to find • money that you have to pay back • a business that makes a product • the amount of things that exist • someone who works for an employer • money that is paid to the government • ...
Year 10 Economics 2025-02-13
Across
- Something which banks used to keep a reserve of
- This country is Australia's largest trading partner in Southeast Asia
- Another word for limited
- A tax on imported goods
- Produced means of production are also known as “……” goods
- A policy of restricting imports on domestic industries
- Things that consumers demand but are not necessary for their survival or function in society
- When a country imports more than it exports
- A treaty that reduces trade barriers between countries
Down
- Another word for opening up the economy to international trade. Something that happened during the 1980’s
- Australia's largest trading partner, known for its demand for iron ore and coal
- Australia’s most exported service
- A policy that limits the quantity of imports
- Ore Australia’s most exported good
- Individuals who receive/purhcase goods and services
- The chain of production is also known as the “…..” chain
- Income paid to individuals for work. Usually calculated on an hourly basis
- Goods/services sold to other countries
- A situation where countries rely on each other for resources and markets
- The tragedy of the ….
20 Clues: The tragedy of the …. • A tax on imported goods • Another word for limited • Australia’s most exported service • Ore Australia’s most exported good • Goods/services sold to other countries • When a country imports more than it exports • A policy that limits the quantity of imports • Something which banks used to keep a reserve of • ...
kai's economics puzzle 2025-04-10
Across
- Something desired but not necessary for survival.
- The effort people devote to tasks for which they are paid.
- A graph that shows alternative ways to use an economy’s resources.
- The study of how people make choices to satisfy their needs and wants.
- States that as production shifts from one item to another, more resources are needed, increasing the cost.
- The cost of producing one more unit of a good.
- Using resources in such a way as to maximize the output of goods and services.
- Actions or activities one person performs for another.
- Giving up one benefit to gain another.
- Using fewer resources than the economy is capable of using.
- Something essential for survival, like food or water.
- situation where a good or service is unavailable.
Down
- The extra benefit of adding one unit.
- The line on a graph that shows the maximum possible output.
- Man-made objects like tools and machines used in production.
- The most desirable alternative given up as a result of a decision.
- Physical objects that can be bought or sold.
- Land, labor, and capital used to make goods and services.
- A person who combines resources to create goods and services.
- The skills and knowledge gained by a worker through education and experience.
- A phrase that refers to the trade-off between military and consumer goods.
- Comparing what you will sacrifice and gain from a decision.
- Any human-made resource used to create other goods and services.
- Natural resources used to produce goods and services.
24 Clues: The extra benefit of adding one unit. • Giving up one benefit to gain another. • Physical objects that can be bought or sold. • The cost of producing one more unit of a good. • Something desired but not necessary for survival. • situation where a good or service is unavailable. • Natural resources used to produce goods and services. • ...
Economics of AI 2024-11-13
Across
- Machines mimicking human intelligence
- Job loss due to automation
- Complex neural network models
- - AI understanding of human language
- Trading AI-driven financial market decisions
- Task-specific AI
- Creating a mathematical representation of a process in AI
- Excess availability
- Theoretical AI surpassing human intelligence
- - Limited resources in abundance
- Effects Value increase with more users
- Allocation of resources for returns
- Learning through rewards and penalties
- AI with human-like capabilities
- Investment in AI resources
- Working together with AI systems
- Power Processing capacity of machines
- Laws governing AI development
Down
- Algorithms that learn from data
- Versatile technological innovation
- AI creating new content vs. broad human-like intelligence
- AI designed for one specific function or task
- AI-generated false or inaccurate information
- Machines replacing human labor
- Algorithm - Algorithm that learns by trial and error
- Moral considerations of AI use
- Prejudiced outcomes from data
- Raw facts for analysis
- Increase in output per input
- New employment opportunities
- Brain-inspired computing systems
- Teaching AI through data input
- The process by which AI improves its performance from data
- Systems Self-operating AI technologies
34 Clues: Task-specific AI • Excess availability • Raw facts for analysis • Job loss due to automation • Investment in AI resources • Increase in output per input • New employment opportunities • Complex neural network models • Prejudiced outcomes from data • Laws governing AI development • Machines replacing human labor • Moral considerations of AI use • Teaching AI through data input • ...
Applied Economics 12 2024-11-28
Across
- A tax imposed on certain documents, typically those related to the transfer of property or legal agreements.
- Issues related to the rental market, such as affordability, availability, and tenant-landlord relations.
- A fixed percentage or amount charged regardless of the amount or value involved.
- Legislation intended to regulate and standardize wage levels within an economy to ensure fairness and efficiency.
- Added Tax (VAT): A consumption tax placed on the value added to goods and services at each stage of production or distribution.
- A government or organizational initiative to develop and improve public services like transportation, utilities, and communication networks.
- The geographical site or setting of a business or activity.
- The rate at which one currency can be exchanged for another.
- The change in the quantity demanded or supplied due to a change in the price of the good or service.
- A limit on the quantity of a good that can be imported into a country over a certain period.
- Services provided to maintain or improve individuals' health, including medical, preventive, and therapeutic care.
- Investments that are well-allocated and generate strong returns relative to risk.
- A situation where the desire for a product or service exceeds its availability at current prices.
- A change in the demand or supply curve, caused by factors other than price.
- A place or system where buyers and sellers engage in the exchange of goods, services, or assets.
- Goods that have no direct relationship in consumption or use, meaning a change in the price of one does not affect demand for the other.
- The stock exchange in the Philippines where stocks, bonds, and other securities are traded.
- The total number of individuals in a specified area or country.
- A term used to describe the percentage of available space or property that is occupied, often used in real estate markets.
- A line that runs parallel to the x-axis, often used in graphs to show a constant value or condition.
- A tax on the profit made from the sale of an asset or investment.
Down
- The process by which a government sets the lowest legal wage rate that employers can pay workers.
- A tax reform law in the Philippines aimed at simplifying the country’s tax system and lowering income tax rates.
- An interest rate that changes over time based on a reference rate, such as the LIBOR (London Interbank Offered Rate).
- The ability of a company, industry, or economy to expand or increase its value over time.
- Wealth in the form of money or assets used to generate income or facilitate production.
- A sudden and dramatic increase in the price of a good or service, often caused by external factors such as supply shortages or market disruptions.
- The portion of an individual’s or business’s income that is subject to taxation.
- A former stock exchange in Makati, Philippines, which later merged with the Manila Stock Exchange to form the Philippine Stock Exchange.
- Consumer preferences or preferences that influence the demand for certain goods or services.
- (IMF): An international organization that promotes global financial stability, facilitates international trade, and provides financial assistance to countries in need.
- Refers to investments or decisions that carry a significant chance of loss or failure.
- A tax withheld by an employer from an employee's salary as an advance payment of the employee’s income tax.
- An extension of withholding tax applied to additional income sources beyond regular wages.
- A term referring to the geographical site or position of a business or asset, which can impact its value or potential for success.
- The process of facilitating learning and acquiring knowledge, skills, values, and habits.
- A tax that is calculated as a percentage of a specific base amount, such as sales revenue.
- The anticipation of future economic conditions or the availability of goods and services, which influences buying behavior.
- Goods that are often consumed together, such as printers and ink.
- Taxes imposed on imports or exports between countries, typically to protect domestic industries.
- A tax that is deducted at the source from an individual’s income by the employer, often for income tax purposes.
- A tax deducted from an income payment that settles the taxpayer’s obligation for that income.
- The percentage rate at which the general price level of goods and services increases over time.
- The reduction in the value of an asset over time due to wear and tear, obsolescence, or other factors.
44 Clues: The geographical site or setting of a business or activity. • The rate at which one currency can be exchanged for another. • The total number of individuals in a specified area or country. • Goods that are often consumed together, such as printers and ink. • A tax on the profit made from the sale of an asset or investment. • ...
Economics Final (2) 2025-05-12
Across
- economist who advocates for unrestricted free trade
- occurs when supply exceeds demand
- global warming is caused by this
- worth that consumers attach to a good
- amount of a good produced
- this effect states that consumers buy more when prices are low
- states that money supply is the source of economic fluctuation
- economist who says the government should spend more in a recession
- promotion of one's own nation regardless of moral considerations
- economic system based on collective ownership
- father of communism
- lowest point in the business cycle
Down
- recurring changes in economic activity are called the business _____
- period of economic decline
- these people learned people work harder for their own self-interest
- someone who owns a large-scale business
- Adam Smith proposed the _____ Hand theory
- marginal utility increases from this many units of a product
- amount of satisfaction from any amount of a good
- intangible good produced by labor
- Carl Menger explained why this was cheaper than diamonds
- a mercantilist believes a nation's goal it to maximize this
- only one seller exists in this system
23 Clues: father of communism • amount of a good produced • period of economic decline • global warming is caused by this • occurs when supply exceeds demand • intangible good produced by labor • lowest point in the business cycle • worth that consumers attach to a good • only one seller exists in this system • someone who owns a large-scale business • ...
