environmental economics Crossword Puzzles
Economics Terms 2022-10-20
Across
- a set of actions to control a nation's overall money supply and achieve economic growth
- the amount a lender charges a borrower and is a percentage of the principal
- occurs when securities are on the rise
- a condition or state in which economic forces are balanced
- a period of increased commercial activity within either a business, market, industry, or economy as a whole
- the value or benefit given up by engaging in that activity, relative to engaging in an alternative activity
- when a company or business grows so large that the costs per unit increase.
- the average tax rate, or amount of tax paid as a percentage of income, decreases as income increases
- the use of government spending and taxation to influence the economy
Down
- monetary measure of the market value of all the final goods and services produced and sold in a specific time period by countries.
- the cost advantages that enterprises obtain due to their scale of operation
- a good that is both non-excludable and non-rivalrous
- commodities that the public sector provides free or cheaply because the government wishes to encourage their consumption.
- a principle of economics that captures the consumer's desire to buy the product or service
- the rate of increase in prices over a given period of time
- occurs when securities fall for a sustained period of time
- a tax where the. average tax rate, or the total amount of. tax paid as a percentage of income, increases as the taxpayer's income. increases.
- when a supplier sets a fixed price for a good or service for a certain time period
- a significant decline in economic activity spread across the market
- the total amount of a given product or service a supplier offers to consumers at a given period and a given price level.
20 Clues: occurs when securities are on the rise • a good that is both non-excludable and non-rivalrous • the rate of increase in prices over a given period of time • occurs when securities fall for a sustained period of time • a condition or state in which economic forces are balanced • a significant decline in economic activity spread across the market • ...
Economics Vocabulary 2022-08-30
Across
- An example of the means of production in an economy
- In this type of economy, the government owns the factories
- new or recent
- France and Spain are on this continent
- In this type of government, power is passed down through families
- one of the two countries that engaged in the Cold War
- Under communism, there is no private
- the way something is made to happen; resources
- Washington, D.C. is closest to this ocean
- Democracy is the system in the U.S.
- In this economic system, the government does not get involved in the economy
- Adam Smith used this phrase to describe competition in the marketplace
Down
- In a capitalist society, the means of production are owned
- things people buy and sell
- capital
- A time of big changes
- Earning money for work is known as wage
- Capitalism is based on a free
- In socialist economies, wealth is divided
- A large land mass
- Voting is an important element of this type of government
- people living together in an organised community
- Japan and Hawaii are islands in this ocean
23 Clues: capital • new or recent • A large land mass • A time of big changes • things people buy and sell • Capitalism is based on a free • Democracy is the system in the U.S. • Under communism, there is no private • France and Spain are on this continent • Earning money for work is known as wage • In socialist economies, wealth is divided • Washington, D.C. is closest to this ocean • ...
Business Economics 2022-10-31
Across
- Coal is an example of __ factors of production
- Type of economy that uses elements of all three
- level of income
- How much something is worth
- Created as a result of process
- of money
- A person who employ workers to producer goods
- The type of money that circulates in different
- Macroeconomics deals with
- Consumer's desire and willingness to pay a price
- Putting money aside to spend on a later date
- Valuable things to pay some goods or service
- The money used to start a business
- A picture or a symbol representing a business
Down
- Action of buying and selling goods and services
- services
- Knowledge about the production, consumption,
- People who buy your product
- Where buyers and sellers interact
- Goods and services sold to other countries
- The study of individual
- The sudden rise in price
- necessary for survival
- good
- Amount of money required to pay for a good or
- The situation that exists when there are not enough resources to meet human wants
- A luxury item
- Reward paid for unskilled labour
- The money paid to the government depending on
- Input factor classified as skilled, semiskilled and unskilled
30 Clues: good • services • of money • A luxury item • level of income • necessary for survival • The study of individual • The sudden rise in price • Macroeconomics deals with • People who buy your product • How much something is worth • Created as a result of process • Reward paid for unskilled labour • Where buyers and sellers interact • The money used to start a business • ...
Business Economics 2022-10-31
Across
- Coal is an example of __ factors of production
- Type of economy that uses elements of all three
- level of income
- How much something is worth
- Created as a result of process
- of money
- A person who employ workers to producer goods
- The type of money that circulates in different
- Macroeconomics deals with
- Consumer's desire and willingness to pay a price
- Putting money aside to spend on a later date
- Valuable things to pay some goods or service
- The money used to start a business
- A picture or a symbol representing a business
Down
- Action of buying and selling goods and services
- services
- Knowledge about the production, consumption,
- People who buy your product
- Where buyers and sellers interact
- Goods and services sold to other countries
- The study of individual
- The sudden rise in price
- necessary for survival
- good
- Amount of money required to pay for a good or
- The situation that exists when there are not enough resources to meet human wants
- A luxury item
- Reward paid for unskilled labour
- The money paid to the government depending on
- Input factor classified as skilled, semiskilled and unskilled
30 Clues: good • services • of money • A luxury item • level of income • necessary for survival • The study of individual • The sudden rise in price • Macroeconomics deals with • People who buy your product • How much something is worth • Created as a result of process • Reward paid for unskilled labour • Where buyers and sellers interact • The money used to start a business • ...
Business Economics 2022-10-31
Across
- Coal is an example of __ factors of production
- Type of economy that uses elements of all three
- level of income
- How much something is worth
- Created as a result of process
- of money
- A person who employ workers to producer goods
- The type of money that circulates in different
- Macroeconomics deals with
- Consumer's desire and willingness to pay a price
- Putting money aside to spend on a later date
- Valuable things to pay some goods or service
- The money used to start a business
- A picture or a symbol representing a business
Down
- Action of buying and selling goods and services
- services
- Knowledge about the production, consumption,
- People who buy your product
- Where buyers and sellers interact
- Goods and services sold to other countries
- The study of individual
- The sudden rise in price
- necessary for survival
- good
- Amount of money required to pay for a good or
- The situation that exists when there are not enough resources to meet human wants
- A luxury item
- Reward paid for unskilled labour
- The money paid to the government depending on
- Input factor classified as skilled, semiskilled and unskilled
30 Clues: good • services • of money • A luxury item • level of income • necessary for survival • The study of individual • The sudden rise in price • Macroeconomics deals with • People who buy your product • How much something is worth • Created as a result of process • Reward paid for unskilled labour • Where buyers and sellers interact • The money used to start a business • ...
Basic Economics 2022-02-01
Across
- The amount of money paid for an item
- What is the most common form of economy in the world today?
- rivalry creates __________
- The ____ economy has public ownership of all resources
- When wants can not be satisfied or something runs out
- When supply raises and demand stays the same the price will ___________
- an example of a natural resource
- people in a command economy have no ____ choice
- Change economic behavior (and student behavior!)
- Factors of production that are used to produce goods and services
- The three basic _____ of economics are: What, For whom, and Who
Down
- A worker at a restaurant is known as a _____ resource
- consumers are MOST important in what economy?
- What is given up when a choice is made
- The _____ controls the means of production in a command economy.
- The combining of resources to produce goods and services
- The free market economy has ______ ownership of all resources
- Consumer sovereignty means that consumers
- Tools, machinery and money are examples of ______ resources
- When supply drops and demand stays the same the price will _______
20 Clues: rivalry creates __________ • an example of a natural resource • The amount of money paid for an item • What is given up when a choice is made • Consumer sovereignty means that consumers • consumers are MOST important in what economy? • people in a command economy have no ____ choice • Change economic behavior (and student behavior!) • ...
Economics Test 2022-01-26
Across
- Someone or business who creates goods.
- The study of distribution of wealth and goods and services.
- During the Industrial Revolution James Hargreaves invented what?
- When there is more than enough of a resource.
- Long-lasting goods are known as _______ goods.
- The former Soviet Union is known as present day_______.
- Where did the Industrial Revolution begin?
- Who wrote the Wealth of Nations?
- The most measured tool for success in a capitalist economy is _____ gain.
- When there is not enough of a resource.
- Who wrote the Communist Manifesto?
Down
- During the Industrial Revolution Thomas Newcomen invented what?
- Things people must have to live.
- Marxism gives it's rulers absolute______.
- A person who buys and uses things.
- Adam Smith developed the idea of what?
- Things people have to make their lives more enjoyable.
- What economic system uses bartering?
- Goods that are replaced often.
- The limited supply of something.
- In what economic system does the government control everything?
21 Clues: Goods that are replaced often. • Things people must have to live. • The limited supply of something. • Who wrote the Wealth of Nations? • A person who buys and uses things. • Who wrote the Communist Manifesto? • What economic system uses bartering? • Someone or business who creates goods. • Adam Smith developed the idea of what? • When there is not enough of a resource. • ...
Economics Vocabulary 2022-04-25
Across
- A person who buys goods and services
- The amount the seller has to sell at a particular price.
- An economic system where property and business are owned by the government. The government makes choices about producing and pricing. The consumers have no choice.
- Individuals own businesses and property rather than the government.
- An economic system where businesses and property are privately owned. The price and amount of goods traded are based on supply and demand and has little government regulation.
- The government's right to take private property for public use as long as they pay a fair price to the owner.
- Scottish economist who came up with the idea of Capitalism. He is known as the father of modern economics, wrote The Wealth of Nations and influenced the Founding Fathers of the United States.
Down
- The name of Adam Smith's idea of a free market economy.
- The government's job is to protect property rights.
- When different businesses compete for consumers' money.
- what consumers are willing to buy at a given price
- The way people earn and spend money
- The things that people sell.
- people or businesses offering goods for sale.
- The money received in payment for goods or services (rent, wages, interest, or profit)
- An activity that someone is paid to perform
- The person who makes the goods
- The right to make decisions for an individual's business or property.
- The founder of a business. Someone who assumes the risk of organizing resources to produce goods and services. Someone who sees an opportunity to make money and takes it.
- The money left over after all expenses are paid
20 Clues: The things that people sell. • The person who makes the goods • The way people earn and spend money • A person who buys goods and services • An activity that someone is paid to perform • people or businesses offering goods for sale. • The money left over after all expenses are paid • what consumers are willing to buy at a given price • ...
Economics Vocabulary 2022-04-25
Across
- when there is not enough supply, but a great demand
- extra money set aside "just in case"
- the way you bring in income to buy goods and services
- wealth supplied by nature, like soil, sunlight, timber, and water
- people who make goods or provide services
- people who use goods and services
- someone who works to produce goods and services
- to receive products from abroad, usually from foreign countries
- the number of people that would like to buy a particular good or service
- to ship merchandise abroad, particularly to foreign countries
Down
- things that people would like to have but don't need to survive
- the amount of money a good or service costs
- food, shelter, air, clothing, and water
- the extra money left after a business pays all costs or production
- a good that is made to help produce other goods
- trading goods and services instead of using money
- the money you earn
- the quantity of a commodity (something of use) or service that is available
- things people do for others
- things people must have to live
- money you spend
21 Clues: money you spend • the money you earn • things people do for others • things people must have to live • people who use goods and services • extra money set aside "just in case" • food, shelter, air, clothing, and water • people who make goods or provide services • the amount of money a good or service costs • a good that is made to help produce other goods • ...
Economics Terms 2023-01-03
Across
- A security that provides ownership rights
- A security that promises repayment to a lender
- The act of exchanging goods and services
- Karl ______
- Revenue in excess of costs (revenue - costs)
- Gross ______ Product
- The relationship between price and quantity.
- Warren _______ the CEO of Berkshire Hathaway
- A payment for using money.
- When a few large sellers dominate the market
- A company's overall income
- A tax on trade
- Payment of profits to shareholders
Down
- ______ cost Next best alternative
- When inflation and unemployment increase
- There aren't enough resources for everyone
- Purchasing Power ________
- The condition of not having a job
- The tools and equipment used in production.
- Everything that is owned by an individual.
- The usefulness or satisfaction of doing something
- A general increase in the overall price level.
- The ability to buy a good or service
23 Clues: Karl ______ • A tax on trade • Gross ______ Product • Purchasing Power ________ • A payment for using money. • A company's overall income • ______ cost Next best alternative • The condition of not having a job • Payment of profits to shareholders • The ability to buy a good or service • When inflation and unemployment increase • The act of exchanging goods and services • ...
Economics Vocab 2022-12-13
Across
- An industry in which the inputs weigh more than the final products.
- A service that primarily meets the needs of other businesses, including professional, financial, and transportation services.
- A community’s collection of basic businesses.
- Manufacturing based in homes rather than in factories, most common prior to the Industrial Revolution.
- area The area surrounding a central place from which people are attracted to use the place’s goods and services (also known as hinterland).
- the transition to new manufacturing processes in Europe and the United States, in the period from about 1760 to sometime between 1820 and 1840.
- A market center for the exchange of services by people attracted from the surrounding area.
- The minimum number of people needed to support a service.
- Shipment of parts and materials to arrive at a factory moments before they are needed.
- A service that primarily meets the needs of individual consumers, including retail, education, health, and leisure services.
- A decision by a corporation to turn over much of the responsibility for production to independent suppliers.
- A theory that explains the distribution of services based on the fact that settlements serve as centers of market areas for services; larger settlements are fewer and farther apart than smaller settlements and provide services for a larger number of people who are willing to travel farther.
- These factors result from the unique characteristics of a location. These are labor, capital, and land.
Down
- These factors involve transporting materials to and from a factory. A firm seeks a location that minimizes the cost of transporting inputs to the factory and finished goods to consumers.
- An industry for which labor costs comprise a high percentage of total expenses.
- The area surrounding a central place from which people are attracted to use the place’s goods and services (also known as market area).
- The period of social and economic change that transforms a human group from an agrarian society into an industrial society. This involves an extensive re-organization of an economy for the purpose of manufacturing
- International trade left to its natural course without tariffs, quotas, or other restrictions.
- Makes something that gains volume or weight during production.
- The transfer of goods or services from one person or entity to another, often in exchange for money. A system or network that allows trade is called a market.
- A business that sells its products or services primarily to consumers outside the settlement.
21 Clues: A community’s collection of basic businesses. • The minimum number of people needed to support a service. • Makes something that gains volume or weight during production. • An industry in which the inputs weigh more than the final products. • An industry for which labor costs comprise a high percentage of total expenses. • ...
Economics crossword 2022-12-01
Across
- the total amount demanded by consumers
- where buyers and sellers get together to trade
- an alternative good
- indviduals or households who buy goods and services for their own use or for others
- where the quantity demanded increases as income increases
- where there is a change in ownership from the public to the private sector
- a good consumed with another
- things that re necessary for survival such as food
- where it is possible to stop someone from consuming a good or service
- resources are scarce so individuals firms and governments have to consider alternatives
Down
- demand that is supported by the ability to pay
- where the quantity demanded increases as increases
- where it is possible to stop someone from consuming a good or service
- the goods and services that people may like to have but are not always realised
- a factor of production human resources available in an economy
- when two goods are consumed together
- the data from which a demand curve is drawn on graph
- all the stages of a product's progress from raw materials production and distribution until it reaches the consumer
- any business that hires factors of production to produce goods and services
- inputs available for the production of goods and services
- the quantity of a product that producers are willing and able to sell at different prices within a time period other things equal
- a simplified view of reality used to explain economic problems and issues
22 Clues: an alternative good • a good consumed with another • when two goods are consumed together • the total amount demanded by consumers • demand that is supported by the ability to pay • where buyers and sellers get together to trade • where the quantity demanded increases as increases • things that re necessary for survival such as food • ...
Economics Crossword 2022-09-08
Across
- No true__________ or free _________ economy exists (same word in both blanks)
- Businesses trying to provide the best products and services at the lowest prices
- Cars, clothing, electronics, and steel are examples of this
- Flying mammal
- Economic & political system where a country's trade & industry are controlled by private owners for profit
- The average income earned per person in a given area per year (3 words)
- A downturn in economic activity
- When the government owns the productive resources in a society, and controls the distribution of goods
Down
- Goods that are leaving, or exiting a country
- Goods that are coming in to a country
- The total value of goods and services produced by a country in a given year (abbreviation)
- Most modern economies are this
- Money demanded by a govt. for its support or for specific services, collected from incomes, sales, etc.
- A rise in prices of goods and services
- Man's best friend
- The amount of a product available and the desire of buyers for it (3 words)
- Large marsupialSocialism When the productive resources in a society are owned by the people, and distributed equally
- A tax imposed on imported goods
- Has a trunk
- Healthcare, education, and banking are examples of this term
- Likes to chase mice
21 Clues: Has a trunk • Flying mammal • Man's best friend • Likes to chase mice • Most modern economies are this • A tax imposed on imported goods • A downturn in economic activity • Goods that are coming in to a country • A rise in prices of goods and services • Goods that are leaving, or exiting a country • Cars, clothing, electronics, and steel are examples of this • ...
Economics Crossword 2022-08-30
Across
- the phase of the business cycle where real gross domestic product (GDP) grows for two or more consecutive quarters, moving from a trough to a peak.
- Make (something) on a large scale using machinery.
- a state in which opposing forces or influences are balanced.
- A person who purchases goods and services for personal use.
- Put (money) into financial schemes, shares, property, or a commercial venture with the expectation of achieving a profit.
- People who are in the labour force that are currently looking for a job but doesn't have one.
- resources are resources that are drawn from nature
- Bring (goods or services) into a country from abroad for sale.
- Send (goods or services) to another country for sale.
- the state of being scarce or in short supply; shortage.
- make or become smaller or fewer in size, amount, intensity, or degree.
- a person's regular occupation, profession, or trade.
- Merchandise or possessions.
- A person who provide goods and services.
- tools, buildings, machinery, and any other goods people make to produce goods and provide services.
- the exclusive possession or control of the supply of or trade in a commodity or service.
Down
- Money received, especially on a regular basis, for work or through investments.
- Intangible items that can be bought and sold.
- stands for gross domestic product.
- the propensity of an individual to behave creatively, act with foresight, use intuition, and be alert to new opportunities.
- Commercial transactions conducted electronically on the internet.
- a phase of the business cycle in which the economy as a whole is in decline.
- An estimate of income and expenditure for a set period of time.
- The total income produced by a given source.
- The amount by which something, especially a sum of money, is too small.
- Money paid regularly at a particular rate for the use of money lent, or for delaying the repayment of a debt.
- a rise in the size, amount, or degree of something.
- at the highest level
- a period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two successive quarters.
- the branch of knowledge concerned with the production, consumption, and transfer of wealth.
- physical work.
- An international financial institution that provides loans and grants to the governments of low- and middle-income countries for the purpose of pursuing capital projects.
32 Clues: physical work. • at the highest level • Merchandise or possessions. • stands for gross domestic product. • A person who provide goods and services. • The total income produced by a given source. • Intangible items that can be bought and sold. • Make (something) on a large scale using machinery. • resources are resources that are drawn from nature • ...
Economics Crossword 2022-09-08
Across
- Jobs replaced by machinery
- People bouncing between jobs
- transfer of goods and services from one person or entity to another
- As profits go up, your payback will increase
- Amount of people in a certain place
- Importation of materials to be used for the product
- An amount the lender charges a borrower and is a percentage of the principle = the amount loaned
- When people are optimistic and pessimistic about their future spending
- Few competitors selling product who are generally price makers
- an item used that is generally accepted as payment for goods and services
- any resource owned or controlled by a business or an economic entity
- efficiency of production of goods or services
- A person who purchases goods and services for certain uses
- The people who work in for a business
- Limited resources irrespective to our unlimited wants
- anything that has utility and adds value to your life
- Receiving goods from overseas
- quantity of a good that consumers are willing purchase at various prices during a given period of time and place.
- Not Having a Job
- Being unemployed longer than a year
- amount paid to employees wages
- temporary economic decline
- fairness in economics
Down
- Changes in climate that affect supplies
- Loss of other alternatives for the best option
- replacing a product for a similar product e.g sprit instead of fanta
- Increase in Income received after interest rate goes down
- lack Of AD
- Sending Goods overseas to buyers
- the amount paid or charged for something
- income remaining after deduction of taxes
- monetary measure of the market value of all the final goods and services
- Unique seller of the one product, the price maker
- paying others to handle products
- an organization that provides something needed such as a product
- Having a job over the age of 15
- Amount of money that a government requires people to pay according to their income
- More than what is needed (more supplies than demand)
- studies of production, distribution, and consumption of goods and services.
- converting one currency to another
- Term used to designate the situation of those who are able to find employment only for shorter than normal periods
41 Clues: lack Of AD • Not Having a Job • fairness in economics • Jobs replaced by machinery • temporary economic decline • People bouncing between jobs • Receiving goods from overseas • amount paid to employees wages • Having a job over the age of 15 • Sending Goods overseas to buyers • paying others to handle products • converting one currency to another • Amount of people in a certain place • ...
Economics Crossword 2022-09-21
Across
- An item which is able to be seen and/or touched (ex.pencil)
- satisfy the same set of goals or preferences (ex.Hamburger and pork)
- An item which is not necessary for survival but adds pleasure/comfort to life (ex.playstation)
- An expensive item that can be seen/touched but is not necessary for survival (ex.sports car)
- Assistance provided which satisfied needs/wants of people/businesses but is not a product that can be touched (ex.babysitting)
- Things that can not be perceived by touch (ex.copyright)
- State of the economy where there are large unemployment rates, a decrease in income, and standard of living decreases (ex.Great Depression)
- The production and/or sale of goods and/or services to satisfy the needs, wants, and demands of consumers with a purpose of making a profit
- To come up with a new unique idea, thought, or production for a new object, device, or process, which a person has not seen or heard of before (ex.light bulb)
- An essential item for survival which can be seen and/or touched (ex.food)
- Equipment, building, money, which is used to produce goods and services (ex.vehicles)
Down
- Means through which goods and services are made available to consumers (ex.land)
- People who work to produce goods/services in a business (ex.training)
- State of the economy where there is an increase in output, income, employment, prices and profit
- Amount of goods/services businesses are willing and able to sell at certain prices
- People/businesses which buy goods/services (ex.people)
- Goods that are a result of changed conditions, can replace each other in use or consumption (ex.Coke vs Pepsi)
- Goods which are used together (ex.phone+data)
- Goods that help complete another in some way (ex. ketchup and hamburger buns)
- An item which is necessary for survival (ex.water)
- Using new technology, materials or processes to improve existing products, or on how they are produced and distributed (ex.electric cars)
- A type of economy where a combination of consumers, businesses and government make the decisions (Ex.Canada)
- An individual who purchase goods or services (ex.customers)
- A product/service that consumers no longer want as it is outdated/outmoded or has been replaced by a new/improved product (ex.layer disk)
- An individual or business whcih makes a product (ex.McDonalds)
- Raw materials we get from earth, water and air (ex.cotton)
- The amount of goods/services people are willing to buy at certain prices
- General increase in the price of goods and services over a period of time
28 Clues: Goods which are used together (ex.phone+data) • An item which is necessary for survival (ex.water) • People/businesses which buy goods/services (ex.people) • Things that can not be perceived by touch (ex.copyright) • Raw materials we get from earth, water and air (ex.cotton) • An item which is able to be seen and/or touched (ex.pencil) • ...
MACRO ECONOMICS 2023-03-08
Across
- Rate of people in the civilian labor force who are unemployed and actively seeking.
- Facilitates the transactions between buyers and sellers.
- Total market value of all Final G & S produced in a nation in a 1 year period.
- Number of members of the FED's B.O.G
- Value of a currency expressed in terms of the number of goods or services that one unit of money can buy
- GDP that is more accurate, adjusted for inflation
- measured in current prices.
- The U.S. gov't earns revenue through borrowing from other countries with interest or this method
- Part of GDP, Spending that makes up the largest % of GDP.
- Total # employed + unemployed & actively seeking.
- Index used to measure inflation
- Part of GDP, businesses investing in capital goods.
- Job loss due to a lack of skills, outsourcing or technology
- Stage of the business cycle, Economy has been in decline for 2 quarters
- Job loss due to a downturn in the economy
- Exports minus Imports
- Current chair of the FED
Down
- US central bank, regulates the money supply in the U.S. with its policies
- Economy reaches its lowest point
- A fairly new economic concept that occurs when the amount of a product is reduced in size but not price
- Name given to the leader of the FED's Board of Governors
- Income/money you actually have to spend
- Phase of the business cycle, Economy begins to decline
- Another name for Recovery Stage and a phase of the business cycle
- Highest point of the business cycle - Everything is "good"
- Body that implements fiscal policies
- Prolonged and more severe recession
- Money holds its purchasing power over time
- Unemployment that is a temporary transition between jobs
- Standard denomination of money used by a country
- Period of economic growth, Increase in Real GDP & low unemployment
- Rate on loans the FED charges its member banks
- Unemployment that occurs as seasons change
- Worst type of inflation. Economy is stagnate
- Body of the FED that vote to expand or contract the money supply
- Number of Federal Reserve district banks
- General rise is prices, should be less than 2%
- Policies instituted by the FED that directly affect the money supply
38 Clues: Exports minus Imports • Current chair of the FED • measured in current prices. • Index used to measure inflation • Economy reaches its lowest point • Prolonged and more severe recession • Number of members of the FED's B.O.G • Body that implements fiscal policies • Income/money you actually have to spend • Number of Federal Reserve district banks • ...
Economics Crossword 2023-03-02
Across
- Economy where it's a mix of all three
- A payment to individuals from the federal Government
- Positive effect of a choice
- Increasing productions of goods and services over time
- Economy where the central authorities make the decisions
- The increase in overall price of goods/services.
- Meant to remove some type of burden
- Human-made resources
- Achieved through pursuing_____.
- Driving force of the economy
Down
- Ensuring that all of those who are willing and able to work are able to
- Economy where people make the decision
- Market Economies typically have more_____.
- Small Change
- Resources
- Resources being allocated to their most productive use
- Economy that is passed down generations
- Fairness within the economy
- "all things being equal"
- protecting individuals and firms from risk
- Workers
21 Clues: Workers • Resources • Small Change • Human-made resources • "all things being equal" • Positive effect of a choice • Fairness within the economy • Driving force of the economy • Achieved through pursuing_____. • Meant to remove some type of burden • Economy where it's a mix of all three • Economy where people make the decision • Economy that is passed down generations • ...
Economics vocabulary 2023-05-12
Across
- These factors result from the unique characteristics of a location. These are labor, capital, and land
- The period of social and economic change that transforms a human group from an agrarian society into an industrial society. This involves an extensive re-organization of an economy for the purpose of manufacturing
- A process that links people around the world through technology and an expanding communication network.
- The minimum number of people needed to support a service.
- The maximum distance people are willing to travel to use a service
- A commodity, article, or service brought in from abroad (a foreign country) for sale
- International trade left to its natural course without tariffs, quotas, or other restrictions.
- A decision by a corporation to turn over much of the responsibility for production to independent suppliers
- The transfer of goods or services from one person or entity to another, often in exchange for money. A system or network that allows trade is called a market
- Intellectual services such as research and innovation
- Economic activities that involve the processing of raw materials (primary products
Down
- in cultural, social, environmental, health, and economic connections among countries
- A theory that explains the distribution of services based on the fact that settlements serve as centers of market areas for services; larger settlements are fewer and farther apart than smaller settlements and provide services for a larger number of people who are willing to travel farther
- An industry for which labor costs comprise a high percentage of total expenses
- These factors involve transporting materials to and from a factory. A firm seeks a location that minimizes the cost of transporting inputs to the factory and finished goods to consumers
- The production of services instead of end goods that meet the needs of individuals
- A type of operation or industry that involves extracting or refining natural resources.
- also known as the First Industrial Revolution, was the transition to new manufacturing processes in Europe and the United States, in the period from about 1760 to sometime between 1820 and 1840
- A commodity, article, or service sold abroad (to a foreign country).
- The area surrounding a central place from which people are attracted to use the place’s goods and services (also known as hinterland)
- A market center for the exchange of services by people attracted from the surrounding area
21 Clues: Intellectual services such as research and innovation • The minimum number of people needed to support a service. • The maximum distance people are willing to travel to use a service • A commodity, article, or service sold abroad (to a foreign country). • An industry for which labor costs comprise a high percentage of total expenses • ...
Economics Crossword 2023-05-30
Across
- Something that measures price changes
- Another word for fixed capital
- measures changes in the prices of goods and services in and exported out of the US
- The opposite of the people who are not employed
- These are for types of what;national defense, Social Security, healthcare, and interest payments,
- the rate of people who are not emplyed
- part-time ownership of a fixed dividend
- Constant-price GDP, inflation-corrected GDP, or constant-dollar GDP.
- The opposite of increased government borrowing and spending increases private spending
- The opposite of excess reserves
- lending rate,bank rate, and borrowing rate.
- The opposite of deposit multiplier
Down
- The name of the limit that is put on prices
- the opposite of physical capital
- the opposite of deflation
- Reserves that are left over after required reserves are taken out
- the lowest legal price that can be paid in a market for goods and services, labor, or financial capital
- funds that can be loaned out
- the excess money left over
- money issued by the government
- the opposite of net imports
- The opposite of the monetary policy
- Use, expending, and utilization
- Also referred to as nominal rigidity
- Supply The overall supply of goods and services available from producers to a specific market
25 Clues: the opposite of deflation • the excess money left over • the opposite of net imports • funds that can be loaned out • Another word for fixed capital • money issued by the government • Use, expending, and utilization • The opposite of excess reserves • the opposite of physical capital • The opposite of deposit multiplier • The opposite of the monetary policy • ...
Economics, etc 2023-05-17
Across
- a person who fixes cars
- things we like - candy, phones, toys
- a service we can pay someone to do for us
- a store that sells goods
- things we must have or we will die
- a person who helps people
- needs, wants, goods and services
- the city where the US Government is
- the state you live in today
- the city where the Statue of Liberty is
Down
- a need
- something we need made from cotton
- a word for a house or apartment
- the building where our President lives and works
- the building where our lawmakers work
- things we can buy at a store
- the city you live in today
- a place where goods are made
- something we drink that comes from cows
- a want
- we pay people to do these things for us
21 Clues: a need • a want • a person who fixes cars • a store that sells goods • a person who helps people • the city you live in today • the state you live in today • things we can buy at a store • a place where goods are made • a word for a house or apartment • needs, wants, goods and services • something we need made from cotton • things we must have or we will die • ...
economics final 2024-06-02
Across
- the spending of money by consumers
- the amount of goods produced compared to the amount of input to produce the goods
- the swap of goods without money
- naturally acquired resources for producing goods
- the work people do to produce goods
- falling prices across the economy
- individual who founds businesses or projects
- the price paid to borrow money
- flexibility of the economy
- process of making products through labour or machines
Down
- products or goods acquired from outside the country
- the investment put into a new project/business
- study of an individuals economic decisions
- the study of societies economic decisions
- when prices raise over time
- money that is owed
- the limit of money to spend
- quality of being fair
- state of being equal
- money received on a regular basis
20 Clues: money that is owed • state of being equal • quality of being fair • flexibility of the economy • when prices raise over time • the limit of money to spend • the price paid to borrow money • the swap of goods without money • falling prices across the economy • money received on a regular basis • the spending of money by consumers • the work people do to produce goods • ...
Economics Puzzle 2024-06-07
Across
- The study of how society chooses to use scarce resources to satisfy unlimited wants and needs
- Physical and organizational structures needed for the operation of a society
- Spotify, Netflix, and Apple Music are examples of...
- Human effort in production
- One who engages in buying and selling
- Factors of production
- When a sum of money is too small
- Cost Trade-off
- Responsible for leading a company
- Discouraged from doing something
Down
- opportunity costs
- Benefit Comparing the cost to the benefit
- Factors used in producing goods and services
- Not enough (limited)resources across
- Starting and creating a business
- Increases in general prices
- Motivates to act
- One who creates goods and services
- People who purchase goods and services
- Financial resources
20 Clues: Cost Trade-off • Motivates to act • opportunity costs • Financial resources • Factors of production • Human effort in production • Increases in general prices • Starting and creating a business • When a sum of money is too small • Discouraged from doing something • Responsible for leading a company • One who creates goods and services • Not enough (limited)resources across • ...
Applied Economics 2024-04-23
Across
- Goods that are demanded or consumed along with other goods.
- Refers to resources that can be attributed to the land or the sea.
- The satisfaction or usefulness the consumption of a good can bring.
- GDP - Focuses on the value of goods and services produced in a given time period with constant prices.
- Enter and settle in a foreign country or region, leaving a past.
- Refers to the investments made improve production
- It is the curve shows the change in quantity given in price
- demand - Is the amount of labor employers seek to hire over a period of time.
- Are people who, because of a problem in their former home, have immigrated to a new country or region.
- Are people who leave one country or region to settle in another.
- Purchase of goods by individuals and households.
- Growth - The increase in real gross domestic product or GDP.
- Looks at aggregates and larger economic agents.
- Because there is scarcity, people have to choose which wants to satisfy first.
- factors - Are positive aspects that attract people to move to another region or location.
- Spending by firms and households on capital and long-term goods.
- Are compulsory contributions to the government.
- It is caused by non-price determinants or factors.
- Refers to the tangible human element in the production process
- This is where buyers and sellers meet to exchange goods and services.
- Goods - Are goods where the demand is independent of the price of other goods.
- Can complement or replace existing labor.
Down
- Goods - are goods and services that vary inversely with income.
- Income generated by firms operating in the country.
- Goods that are demanded or consumed in place of another good.
- GDP - Refers to the value of the gross domestic product that is not adjusted for inflation.
- is the order of an individual's choices and alternatives based on their relative utility (satisfaction).
- Increase in the value of capital goods.
- It focuses on individuals and smaller economic agents.
- Opportunity costs of engaging in leisure.
- factors - Are negative reasons that cause people to leave their homes.
- Goods - Is the housing and rental spaces are.
- Excess supply in the market.
- Cost - The value of the next best alternative.
- Refers to an increase in the average price levels of an economy’s basket of goods over a period of time.
- Are special grants by the government in financial aid, tax exemptions, or privileges.
- rate - is the price of every unit of a foreign currency valued in the domestic currency.
- The limited availability of a resource, good, or service.
- Debt - Big loans promote inflation and if inflation is high, the debt will be serviced and eventually paid off with cheaper actual dollars
- Income that comes from the ownership of land.
40 Clues: Excess supply in the market. • Increase in the value of capital goods. • Opportunity costs of engaging in leisure. • Can complement or replace existing labor. • Goods - Is the housing and rental spaces are. • Income that comes from the ownership of land. • Cost - The value of the next best alternative. • Looks at aggregates and larger economic agents. • ...
Economics Crossword 2023-09-23
Across
- Another word for require
- Everything required to manufacture a product
- Goods Goods made for people's needs
- Someone that creates
- Thomas Eddison _______ the Lightbulb
- Upgrading something to make it more up-to-date
- Apple ⬅➡ Samsung
- I ____ a new phone/
- “Basketball and Net”
- "VS"
- When someone uses a product
- “Paper maps”
- People buying a product
Down
- The money needed to start a business
- Opposite of inflation
- charges you pay overitime
- “Gas prices increasing”
- Opposite of profit
- Delivery
- To make more than you lose
- No physical form
- Jobs: teachers, drivers, workers
- goods Made to satisfy people's wants
- When both sides have a balance
- Resources directly from Mother Nature
- 13% on all goods and services
- Had a physical state
27 Clues: "VS" • Delivery • “Paper maps” • No physical form • Apple ⬅➡ Samsung • Opposite of profit • I ____ a new phone/ • Someone that creates • “Basketball and Net” • Had a physical state • Opposite of inflation • “Gas prices increasing” • People buying a product • Another word for require • charges you pay overitime • To make more than you lose • When someone uses a product • ...
Economics Review 2023-10-02
Across
- The highest point between the end of an economic cycle
- Supply & Demand are equal to each other
- Law of ______: states that there is an indirect relationship between the price of a product and the quantity that consumers will buy
- Achieving the highest standard for the lowest cost to satisfy a customer's need
- Representation of a change in the quantity of a good or service demanded at every price level
- Marginal Returns: Each new worker exponentially contributes to the output
- The measure of responsiveness to demand due to price changes
- The quantity demanded is less than the supply
- When something such as demand starts to decrease it is in ______.
- Any resources used to create goods & services
- The quantity demanded is greater than the supply
- The person who buys a good or service
Down
- Marginal Returns: Output is falling even though the number of inputs is increasing
- Law of ______: states that there is a direct relationship between the prices of goods & services and the quantity available
- A quantity of goods or services produced in a specific time period
- Product: extra output due to the addition of one more unit of input
- The specific amount offered for sale at a given price point on the supply curve
- The satisfaction level that consumers achieve from the product
- Cost is the extra expense of producing one additional unit
- Cost that is the sum of all variable costs & fixed costs
- Production costs that vary as outputs change
- _____ Domestic Product: the total value of goods & services produced in a country
- Costs of production that do not change
- This is what happens to products that are elastic and go up in price
- Marginal Returns: Total production continues to grow but by smaller gains
25 Clues: The person who buys a good or service • Costs of production that do not change • Supply & Demand are equal to each other • Production costs that vary as outputs change • The quantity demanded is less than the supply • Any resources used to create goods & services • The quantity demanded is greater than the supply • The highest point between the end of an economic cycle • ...
Economics crossword 2023-09-16
Across
- 1st phase in the business cycle. Where demand decreases
- people that work to produce goods and services in a busniess
- using new technology to improve an existing product
- goods that are used together
- the desire and the ability to buy a good or service
- an item that can be seen or touched and is important for survival
- someone who buys the goods and services
- 4th phase in the business cycle. When the standard of living rises
- equipment, building, and money used to produce goods and services
- goods and services that are made available to consumers
- providing assistance in return for payment. Helps satisfy the needs and wants for people or businesses
- someone or a business that creates a product
Down
- an item that can be seen or touched, but is not important for survival
- when both the sellers and buyers are satisfied with the price and quantity
- making money by producing or buying and selling goods and services
- an item that is not important to life, but provides comfort
- cannot be perceived or touched
- a product or service that people no longer use because it is outdated or it has been replace with a newer or improved product
- natural materials from earth that we use
- an idea that no one else has heard or seen of
- an item that is essential to life
- when businesses rely on other businesses to keep running
- 3rd phase in the business cycle. When everything slowly increases
- the amount of goods and services businesses are willing and able to sell at certain prices
- goods that may be replaced because of changed conditions
- 2nd phase in the business cycle. When the state of the economy where unemployment rates are increased, incomes are decreased, and the standard of living are decreased
26 Clues: goods that are used together • cannot be perceived or touched • an item that is essential to life • someone who buys the goods and services • natural materials from earth that we use • someone or a business that creates a product • an idea that no one else has heard or seen of • using new technology to improve an existing product • ...
Economics Crossword 2023-09-15
Across
- Individuals or entities that purchase goods or services from a business.
- The increase in the general price level of goods and services in an economy over time.
- Products that are typically used together, and the demand for one is linked to the demand for the other, such as smartphones and mobile data plans.
- Products that can replace each other in fulfilling a particular need or want, such as different brands of soda.
- An organization engaged in activities such as producing, selling, or providing goods and services in order to generate profit.
- Abraham Maslow's theory of human motivation categorizes human needs into a hierarchical structure, with basic physiological needs at the base and self-actualization needs at the top.
- The creation or application of new ideas, methods, or technologies to improve products, services, or processes.
- The people who work for a company, including employees, managers, and executives.
- The quantity of a product or service that producers are willing and able to provide at various prices.
- Desires or preferences for goods and services beyond basic needs.
- The quantity of a product or service that consumers are willing and able to purchase at various prices.
- High-end or non-essential products and services.
- The mutual reliance or dependence of different businesses, industries, or individuals on each other within an economic system.
Down
- Raw materials and elements derived from the environment, such as water, minerals, and forests.
- The inputs, including labor, land, capital, and entrepreneurship, used in the production of goods and services.
- No longer in use or relevant, often referring to products, technologies, or practices that have been replaced by newer alternatives.
- Intangible actions or tasks provided by a business to fulfill customer needs or wants.
- A person or entity that purchases and uses goods or services.
- Man-made tools, machinery, and equipment used in the production of goods and services.
- Products or services that are necessary for basic living and well-being, such as food and healthcare.
- Basic requirements for survival and well-being, such as food, clothing, and shelter.
- The creation of a new product, process, or idea.
- products or items that can be touched that are produced and can be bought or sold.
- A business or individual that creates goods or services for sale.
- A state in which the supply and demand for a product or service are in balance, resulting in stable prices.
25 Clues: The creation of a new product, process, or idea. • High-end or non-essential products and services. • A person or entity that purchases and uses goods or services. • A business or individual that creates goods or services for sale. • Desires or preferences for goods and services beyond basic needs. • ...
Economics Project 2024-02-21
Across
- a level of production at which the marginal product of labor decreases as the number of workers increases
- a table that lists the quantity of a good a person buys at various prices in a market
- producers offer more of a good as its price increases and less as its price falls
- describes demand that is very sensitive to a change in price
- the cost of operating a facility such as a factory or store
- a tax on the production or sale of a good
- the change in consumption that results when a price increase causes real income to decline
- a graph of the quantity supplied of a good by all suppliers at various prices
- a latin phrase that means "all other things held constant"
- describes demand that is not very sensitive to price changes
- two goods that are bought and used together
- a graph of the quantity supplied of a good at various prices
- the desire to own something and the ability to pay for it
- the amount that a supplier is willing and able to supply at a specific price
- the total cost divided by the quantity produced
- a graphic representation of a demand schedule
- a chart that lists how much of a good a supplier will offer at various prices
- the cost of producing one more unit of a good
- when consumers react to an increase in a goods price by consuming less of that good and more of a substitution good
Down
- a cost that does not change no matter how much of a good is produced
- a good that consumers demand less of when their incomes increase
- consumers will buy more of a good if the price is lower or less when its price is higher
- A measure of the way quantity supplied reacts to a change in price
- a table that lists the quantity of a good all consumers will buy at various prices
- a good that consumers demand more of when their incomes increase
- a cost that rises or falls depending on the quantity produced
- the additional income from selling one more unit of a good sometimes equal to price
- a chart that lists how much a good all suppliers will offer at various prices
- a level of production in which the marginal product of labor increases as the number of workers increase
- government intervention in a market that affects the production of a good
- the change in output from hiring one additional unit of labor
- a measure of how consumers respond to price changes
- the total amount of money a company receives by selling goods or services
- the amount of goods available
- describes demand whose elasticity is exactly equal to 1
- a government payment that supports a business or market
- a factor that can change
- the sum of fixed cost plus variable cost
- goods that are used in place of one another
- the statistical characteristics of populations and population segments, especially when used to identify consumer markets
40 Clues: a factor that can change • the amount of goods available • the sum of fixed cost plus variable cost • a tax on the production or sale of a good • two goods that are bought and used together • goods that are used in place of one another • a graphic representation of a demand schedule • the cost of producing one more unit of a good • ...
International Economics 2024-08-12
Across
- Ability to produce a good at a lower opportunity cost.
- Rate at which one country's goods exchange for another's.
- A government policy to protect domestic industries.
- The exchange rate between two currencies.
- Restrictions on international trade.
- Model predicting trade based on economic size and distance.
- Curve showing different quantities of a good a country is willing to export.
- A limit on the quantity of imports.
- The total value of goods and services produced in a country.
- Curve showing combinations of two goods yielding same satisfaction.
- Opposite of import.
Down
- The study of the allocation of scarce resources.
- Curve showing maximum combinations of two goods that can be produced.
- Trade between countries.
- Trade within a country.
- Opposite of export.
- A tax on imported goods.
- The difference in value between a country's exports and imports.
- Ability to produce a good more efficiently than another country.
- Graphical representation of economic data.
20 Clues: Opposite of export. • Opposite of import. • Trade within a country. • Trade between countries. • A tax on imported goods. • A limit on the quantity of imports. • Restrictions on international trade. • The exchange rate between two currencies. • Graphical representation of economic data. • The study of the allocation of scarce resources. • ...
Economics crossword 2023-10-30
Across
- All activities that are completed to produce, consume, or distribute goods/services in a place.
- Any cost that is not foreseen when purchasing a product.
- The economic problem is that we have limited resources to satisfy unlimited wants - we must make choices to satisfy those wants.
- John Maynard Keynes proposed that during recessions, governments should spend money to give people money, driving demand up. An economy can fail if consumers and investors spend too little, and this aims to prevent this through government intervention.
- A more understandable idea of GDP, taking the GDP and dividing it by the number of people in the country.
- States that competition makes products/ services better/cheaper
- The downswing of the economy, characterised by falling income, consumer spending, inflation, business/consumer confidence, and sales. Business failures are increasing.
- A market where the government doesn’t interfere in any way.
- A decision made to select one option over others.
- Money that people place in a bank for a later date.
- A product/service essential for a person to have.
- An economy where all resources and businesses are owned by the government, who decides all of the economic questions. Some services, like healthcare and education, are provided for free.
- The science of how people, businesses, and governments make choices in a market.
- Goods/services that are created in a country that are transferred abroad.
- A good/service that is difficult to find - that is, it is scarce.
- A product sold that is not physical, where something is done for someone.
- The uppermost turning point of the economy, characterized by increased employment, inflation, demand, and resource costs.
- Any natural resource using in producing a product/service
- The producers of the economy. They provide the household sector with wages in return for consumption and labour.
- The firm creating a product or service in exchange for money.
- An economy that is part capitalist, part socialist. It values private property, but also allows governments to shape economic activity.
- Money given to employees by businesses in exchange for labour.
- Any human service in producing a product/service. This includes employees and their physical/intellectual abilities, discussed in terms of quantity (number/type of workers), and quality (training).
- A market is competitive if firms have to work against each other for customers. It has a larger number of buyers and sellers. This is positive as it keeps prices lower and allows for higher-quality goods/services to be produced.
- Any good or service obtained by exchange, usually money.
- Products that are not necessary, but we have a desire for.
- The authority of the economy. They receive taxation in exchange for government expenditure.
- Money that the government changes to people in order to spend it on resources for the general population.
Down
- Two or more goods/services bought and used together.
- The initiative behind a business to make profit off of goods/services.
- When you make a choice, you must always forego something else - this is an opportunity cost.
- Banks and financial institutions of the economy. They receive saving in exchange for investments.
- An economy based on bartering/trading. Decisions are made with traditions in mind. Little surplus is produced, and if there is, it is typically given to authority/landowners.
- An upswing in the economy, characterised by rising consumer demand, sales, investment, interest rates, inflationary pressure. The labour market tightens and unemployment lowers. Shortages begin to appear near the end of this phase.
- Money that the government spends (that they receive as a result of taxation) on resources for the population.
- A product that fulfills a person’s wants/needs.
- investment made in equipment, machinery, etc.
- Goods/services brought in from another country.
- The consumers of the economy. They give labour and consumption to the firm sector in return for wages.
- An individual or a company buying a product or service from a business, the producer.
- A considered conclusion made.
- The lowermost point of the economy, where GDP reaches its lowest. An economy is in recession if GDP contracts for 2 successive quarters.
- The international trade of the economy. It receives imports in exchange for exports.
- A piece of data used to predict investment possibilities.
- cost The amount you pay upfront for a good/service.
- The four factors of production are the things that make a business run and be able to produce goods/services: They are land, labour, capital, and enterprise/entrepreneurship.
- A sum of money a firm, usually a financial institution, loans to another firm in exchange for a share of profits.
- Wants that are never satisfied, and as such are permanent.
- A product or service is scarce if the demand for it is greater than its supply.
- The economic questions are questions consumers and businesses ask before purchasing a product. They are: what to buy, where to buy, and how to pay.
- The total market value of all of the goods and services produced in a country, usually measured yearly. The RBA uses production measure (total value of all goods produced by industry), income measure (all profits and wages from employees/business after tax), and expenditure measure (total value of all goods and services bought by government and individuals).
- An economy based around private enterprise - goods/service production is owned and operated by individuals or groups of individuals. Products are supplied based on demand.
52 Clues: A considered conclusion made. • investment made in equipment, machinery, etc. • A product that fulfills a person’s wants/needs. • Goods/services brought in from another country. • A decision made to select one option over others. • A product/service essential for a person to have. • Money that people place in a bank for a later date. • ...
Economics Vocabulary 2024-01-23
Across
- - goods and services
- - the rights of individual to own property with in an economic system
- - a business organization made up of a legal entity owned by individual stockholders
- freedom - the right to make your own economic decisions
- - a business organization owned by two or more people
- - the flow of resources and finished products between businesses and households
- economic system with centrally planed economy and government control
- - a curve that shows alternative ways to use economic resources
- - offering that encourages people to behave in a certain way
- income - rent, wages, interest, and profit
Down
- - using fewer resources than an economy is capable of using
- limited quantities of resources to meet unlimited wants
- expenditure - money spent by households to purchase products
- - economic system with evenly distributed wealth and combined government control and private ownership
- - The market in which households are sellers and businesses are buyers
- - using resources in such a way as to maximize the production of goods and services
- - the market in which businesses are sellers and household are buyers
- - economic cost of choices
- - Land, labor, capital, entrepreneurship
- - economic system with private ownership and very little government intervention
- - the flow of money as income and consumer expenditures between households and businesses
- - the struggle among producers to gain the business of consumers
- - the model showing the flow between households and businesses
- - the sector of the economy that purchases resources and provide products
- - the sector of the economy that provides resources and purchases products
25 Clues: - goods and services • - economic cost of choices • - Land, labor, capital, entrepreneurship • income - rent, wages, interest, and profit • - a business organization owned by two or more people • limited quantities of resources to meet unlimited wants • freedom - the right to make your own economic decisions • - using fewer resources than an economy is capable of using • ...
Economics Max 2024-03-12
Across
- factors that make it difficult to enter a market
- the ability to control prices
- the idea that every customer has a maximum price that they would pay
- enables a monopolistically competitive seller to profit from the differences between their product and the competitors
- agreement to illegally set prices and production levels
- also known as perfect competition
- agreement to sell at a similar price
- the government no longer decides what role each company can play
- companies in the same market but their products aren't identical
- a monopoly created by the government
- a market that runs most efficiently when one large firm provides all the output
Down
- Factors that cause costs to drop and production to rise
- expenses that a business must pay before it can begin production
- a product that is considered the same regardless of whoever makes them
- competition for the lowest price
- granting firms the right to operate a business
- gives a company exclusive rights to sell a new good or service
- an agreement among firms to coordinate prices and production
- similar to a cartel
- when a market is dominated by a few firms
- when competitors cut their prices to win business
- local authority gives a single firm rights to sell there goods
- when two companies join to make a single firm
- laws government policies
- a single seller that controls an entire market
25 Clues: similar to a cartel • laws government policies • the ability to control prices • competition for the lowest price • also known as perfect competition • agreement to sell at a similar price • a monopoly created by the government • when a market is dominated by a few firms • when two companies join to make a single firm • granting firms the right to operate a business • ...
Economics Crossword 2024-02-26
Across
- a product or service that consumers see as essentially the same or similar-enough to another product
- an economic theory that predicts how the price of goods and services affects their supply
- table that shows the quantity demanded of a good or service
- the change in output that results from employing an added unit of labor
- a good that experiences an increase in demand due to an increase in a consumer's income
- the static quantity of a good or service when its price changes
- a table that shows the quantity supplied at each price
- the use of population data as a way to study the patterns of behavior among groups of people that impact the economy
- a direct or indirect payment to individuals or firms, usually in the form of a cash payment from the government or a targeted tax cut
- a graphical representation of the relationship between the price of a good or service and the quantity demanded for a given period of time
- average fixed cost equals the total variable cost per unit of produced quantity
- the total amount of money that a company earns through the selling of its goods and services, over a time period
- taxes levied on specific goods or services like fuel, tobacco, and alcohol
- the change in total production cost that comes from making or producing one
- an item that becomes less desirable as the income of consumers increases
- the cost that is required to produce a product
- measures how much the quantity supplied of a good or service changes when there is a price change
- an economic concept used to measure the change in the aggregate quantity demanded of a good or service in relation to price movements of that good or service
- ongoing expenses incurred from the normal day-to-day of running a business
- a tabulation of the quantity of a good that all consumers in a market will purchase at a given price
- adding an additional factor of production results in smaller increases in output
- takes place when the demand and subsequent sales numbers for a particular product decrease as the result of a price increase
Down
- the degree to which demand responds to a change in an economic factor
- as the price of a good or service increases, the quantity of goods or services increases
- the number of goods or services that suppliers will produce and sell at a given market price
- the quantity purchased varies inversely with price
- describes how an increase in income can change the quantity of goods that consumers will demand
- a table that lists the quantity supplied for a good or service that suppliers throughout the whole economy are willing and able to supply at all possible prices
- an expense that changes in proportion to production output or sales
- The scenario where the additional unit of a variable factor of production results in higher output per unit, given that all other factors are constant
- indicators that show us the current trends in the economy
- all variables are the same
- costs that are independent of volume
- rules that limit who can enter a business (entry controls) and what prices they may charge
- a given percentage change in price leads to an equal percentage change in quantity demanded or supplied
- a graph that shows the relationship between price and supply
- the increase in revenue that results from the sale of one additional unit of output
- a good that adds value to another good when they are consumed together
- a graph that shows the relationship between price and supply
- An increase in orders and shipments of capital good
40 Clues: all variables are the same • costs that are independent of volume • the cost that is required to produce a product • the quantity purchased varies inversely with price • An increase in orders and shipments of capital good • a table that shows the quantity supplied at each price • indicators that show us the current trends in the economy • ...
Economics BJV 2022-01-08
Across
- Necessary for survival
- The idea that it is necessary for some companies to fail, and others to succeed, to have a healthy economy (2)
- creating new and better products
- Part of GDP. Something you do for others
- How many goods and services a country makes in a year (3)
- Something that motivates someone to do something
- A tax on trade
- The next best thing you give up when you make a choice (2)
- Investing in multiple companies (2)
- The money you make off an investment
- Trying to help companies in your own country, and hurt foreign competition
- as price goes up people buy less (3)
- Number of people needed to make various products such as a pencil
- When the value of your money decreases
Down
- Supply is greater than demand
- shipping products to other countries
- Tells us how the economy is doing overall (2)
- Country with third highest GDP
- How much people want something
- Doing something that leads to a unexpected result; often trying to make something better but making it worse (2)
- Focusing on one thing and becoming really good at it
- Limited resources
- Who or what sets prices (2)
- The work force. A factor of production
- products brought into your country
- Nations are always better off when they trade (2)
- Buying assets with the goal of making a profit
- Makes nations and people richer
- Lower prices and leads to newer and better products
- Owning part of a company
30 Clues: A tax on trade • Limited resources • Necessary for survival • Owning part of a company • Who or what sets prices (2) • Supply is greater than demand • Country with third highest GDP • How much people want something • Makes nations and people richer • creating new and better products • products brought into your country • Investing in multiple companies (2) • ...
Basic Economics 2024-04-12
Across
- a system in which answers to the basic economic questions are produced by the decisions of buyers and sellers freely exchanging goods and services in the marketplace
- alternatives we give up when we choose one course of action over another
- something people must have to survive, like air, food, and shelter
- the limited amounts of resources to meet unlimited desires.
- a cost that rises or falls depending on the quantity of good produced
- the study of how people choose from limited resources to meet their needs and wants.
- something that people would like to have but is not necessary for survival.
- the amount of a good or service that is available to consumers
- The benefit of adding one more unit of anything, such as one more hour of studying
- Fixed and variable costs together
- property owned by a person and not a government
- Economists call the resources used to make goods and service
- the cost of producing one more unit of a good
- an economy is using resources in such a way as to maximize the production of goods and services
Down
- work for which people receive pay.
- occurs when a good or service is unavailable
- are people who put together land, labor, and capital to create new businesses.
- A nation’s economy must grow in order to improve its level of prosperity
- the central government, rather than individual producers and consumers in markets, answers the key economic questions about production and consumption
- objects, like cars and clothes
- says that as the price of one good rises, people are likely to choose a substitute good
- a cost that does not change, no matter how much the business produces
- the method a society uses to produce and distribute goods and services
- the struggle between producers for the dollars of consumers
- What goods and services should be produced? How should these goods and services be produced? Who consumes these goods and services?
- an arrangement that allows buyers and sellers to exchange goods and services
- the most desirable alternative given up.
- which relies on custom to make most economic decisions
- deciding about adding or subtracting one unit of a resource
- the desire to own something and the ability to pay for it.
- combining free markets with some government involvement.
- actions that people do for others, such as teaching
- a human-made resource used to produce other goods and services
33 Clues: objects, like cars and clothes • Fixed and variable costs together • work for which people receive pay. • the most desirable alternative given up. • occurs when a good or service is unavailable • the cost of producing one more unit of a good • property owned by a person and not a government • actions that people do for others, such as teaching • ...
Economics Crossword 2024-04-18
Across
- The total value of all goods and services produced in an economy in a given period.
- The market price at which the quantity of a good demanded by consumers equals the quantity supplied by producers.
- The opposite of Quantitative Easing
- When MSC > MSB
- Defined as less than $2.15 a day at PPP
- The study of how individuals and firms make decisions and allocate resources in markets.
- A measure of the general level of prices in an economy.
- When temporary shocks have permanent effects
- A tax on an import
- A situation where one party has more information than another, leading to market inefficiencies.
Down
- A situation where the quantity of a good demanded exceeds the quantity supplied at a given price.
- Actions taken by the government to influence economic activity, such as taxation and spending.
- When government actions result in outcomes worse than if they had not intervened at all.
- A tax system where the average tax rate increases as income increases.
- Actions taken by the government to control the money supply and interest rates to influence economic activity.
- When prices are rising at a decreasing rate
- The name of the effect when asset prices change affecting animal spirits
- A measure of how responsive quantity demanded is to a change in price.
- The study of the overall economy, including factors like inflation, unemployment, and economic growth.
- A market structure characterized by a single seller of a unique product with significant barriers to entry.
- 1/1-MPC
- A system where goods and services are exchanged, and prices are determined by supply and demand.
22 Clues: 1/1-MPC • When MSC > MSB • A tax on an import • The opposite of Quantitative Easing • Defined as less than $2.15 a day at PPP • When prices are rising at a decreasing rate • When temporary shocks have permanent effects • A measure of the general level of prices in an economy. • A tax system where the average tax rate increases as income increases. • ...
Economics Vocab 2024-04-19
Across
- an activity that someone is paid to perform
- Scottish economist who came up with the idea of capitalism. He is known as the father of modern economics, wrote the Wealth of Nations, and influenced the Founding Fathers of the United States.
- the way people earn and spend money
- a person who buys goods and services
- the money received in payment for goods or services (rent, wages, interest)
- the founder of a business. Someone who assumes the risk of organizing resources to produce goods and services. Someone who sees an opportunity to make money and takes it.
- an economic system where businesses and property are privately owned. The price and amount of goods traded are based on supply and demand and has little government regulation.
- the money left over after all expenses are paid
- an economic system where property and business are owned by the government. The government makes choices about producing and pricing. The consumers have no choice.
- the government’s job is to protect property rights.
Down
- individuals own businesses and property rather than the government
- people or businesses offering goods for sale
- the right to make decisions for an individual’s business or property
- the amount the seller has to sell at a particular price
- the name of Adam Smith’s idea of a free market economy
- the government’s right to take private property for public use as long as they pay a fair price to the owner
- what consumers are willing to buy at a given price
- the things that people sell
- the person who makes the goods
- when different businesses compete for consumers’ money such as Walmart v. Target or Microsoft v. Apple.
20 Clues: the things that people sell • the person who makes the goods • the way people earn and spend money • a person who buys goods and services • an activity that someone is paid to perform • people or businesses offering goods for sale • the money left over after all expenses are paid • what consumers are willing to buy at a given price • ...
Economics Crossword 2024-04-22
26 Clues: cobra • claim • policy • perdiem • premium • benefits • coverage • Insurance • uninsured • inpatient • deduction • negligence • Deductible • enrollment • telehealth • coinsurance • beneficiary • prescription • contribution • policyholder • compensation • personalrisk • liabilityrisk • outofpocketmaximum • primarycareprovider • flexiblespendingaccount
Health Economics 2024-09-14
Across
- a greek word that means "group of people"
- deals with the behavior of individual components
- an economic theory and practice that was dominant from the 16th to the 18th century
- tangible, something that can be touched
- he described tha market mechanism as an "invisible hand"
- deals with the behavior of the economy as a whole
- producing with the least amount of expense, effort, and waste, but not without cost
- provided in numerous ways and are an intangible activity
- a branch pf science that studies the biological, physiological, social, and cultural aspects of human life
- a greek word that means "city or state"
- study pf the proper allocation and efficient use of scarce resources to produce commodities for the maximum satisfaction of unlimited human needs
- a greek word that means society
- branch of economics which deals with care of sickness, promotion, maintenance and improvement of health
- essential for human survival like food, clothing, and shelter
Down
- scientific study of the human behavior
- believed that capitalism would ultimately destroy itself
- theory of practice of controlling the supply of money as the chief method of stabilizing the economy
- ancient greek word that means "management of a household"
- factor of production that consists of all goods which help in the production process
- perhaps the first well developed theory of economics
- the general category of the human effort that is for the production of goods and services
- a social science that focuses on the study of past events
- when there is not enough human wants
- greek word that means soul
- a latin word that means society
- study of the society or groups
- often called "factor of production"
- goods that give more satisfaction and make life more pleasant and worth living
- describes the ground that might be used to build a structure
- a systematic study of the state and government
- a greek word that means "study or science"
31 Clues: greek word that means soul • study of the society or groups • a latin word that means society • a greek word that means society • often called "factor of production" • when there is not enough human wants • scientific study of the human behavior • tangible, something that can be touched • a greek word that means "city or state" • a greek word that means "group of people" • ...
HEALTH ECONOMICS 2024-09-14
Across
- - Plan for healthcare spending.
- - Standard of healthcare services.
- - Moral principles in healthcare.
- - Financial protection for health expenses.
- - Individuals interested in healthcare.
- - Ensuring fairness in healthcare distribution.
- - Government-supported healthcare.
- - Results of healthcare services.
- - Encouragement for specific actions in healthcare.
- - Need for healthcare services.
- - Avoiding illness or injury.
- - Relating to moral decisions in healthcare.
- - Optimal use of health resources.
- - Availability of healthcare services.
- - Calculating healthcare expenses.
- - Maintain healthcare long-term.
Down
- - Availability of health resources.
- - Ability to use healthcare.
- - Resources for healthcare investment.
- - Guidelines for healthcare practices.
- - Care given to manage a health condition.
- - The healthcare economy.
- - Study to improve healthcare.
- - Variety in healthcare populations.
- - Fairness in healthcare distribution.
- - Information for healthcare decisions.
- - Management of money in healthcare.
- - New healthcare methods or products.
- - International health issues.
- - Price of healthcare services.
30 Clues: - The healthcare economy. • - Ability to use healthcare. • - Avoiding illness or injury. • - Study to improve healthcare. • - International health issues. • - Plan for healthcare spending. • - Need for healthcare services. • - Price of healthcare services. • - Maintain healthcare long-term. • - Moral principles in healthcare. • - Results of healthcare services. • ...
Applied economics 2024-10-01
Across
- Curve: relationship between price and quantity demanded.
- Emigrants: are individuals who leave their home countries.
- inflation:refers to a persistent.
- Implicit:opportunity costs of using resources, such as the value of the owner's.
- Consumption: goods and services by individuals or households
- items that satisfy wants.
- judgments about how the economy.
- Refugees:are individuals forced to flee their home countries due to persecution.
- Oligopoly: A market structure with a few dominant sellers.
- Wages: are the lowest legal wage that employers.
- Basic Commodities: are essential goods and services that are necessary.
- Marginal Revenue: The additional revenue from selling.
- Investment: involves committing resources, typically money, to acquire.
- Preference: They are a key factor in determining demand for goods.
- Socialism: It aims to reduce inequality and promote social welfare.
- activities that satisfy wants.
- Factors of production.
- of Input: refers to the expenses incurred by a business.
- The willingness and ability of producers.
- A measure of the responsiveness of one variable to another
- Capital:refers to the resources used in the production.
- refer to individual preferences and desires for goods and services.
- Pull Factors:conditions or opportunities that attract people to new destinations.
- Price Control: This can include price ceilings, price floors, or other measures.
- The value of the next best alternative forgone.
- in Supply: Factors that cause the entire supply curve to shift
- Cost: The additional cost of producing one more unit of output.
- Price Floor: typically used to support producers or workers.
- Shifts in Demand: Factors that cause the entire demand curve
- Human Capital: refers to the skills, knowledge.
- out-of-pocket expenses incurred by busine
- Macro Level:economics examines the economy as a whole.
- refer to a change in position, direction.
- Low Unemployment: refers to a situation where a small percentage of the labor.
- is the opposite of inflation, characterized by a general decrease.
- Deadweight Loss: surplus due to market inefficiencies.
- Slope:It can be used to represent the relationship between two variables.
- Surplus: minimum price a producer.
- Supply Curve: relationship between price and quantity supplied.
- Competition: A market structure with many buyers and sellers.
- A market structure with a single seller and no close substitutes.
- Income Approach: method of calculating national income.
- Micro Level: economics focuses on individual economic decisions.
- are used to protect domestic industries and generate.
Down
- refers to the application of scientific knowledge.
- Price: quantity demanded equals quantity supplied.
- Push Factors: conditions or events that drive people to leave their home countries.
- Immigrants: are individuals who arrive in a new country to live permanently.
- state of lacking the financial resources and essentials.
- of Supply: As price increases, quantity supplied increases
- Equity:refers to fairness and justice in the way people are treated.
- Tax: It is a major source of revenue for governments.
- Migration: refers to the movement of people from one place to another.
- representations of economic phenomena.
- Labor Supply: The willingness and ability of workers to offer their services.
- is the flow of money or other assets that an individual or household.
- a general increase in the prices of goods and services in an economy over time.
- Population Growth: Can affect labor supply, demand for goods.
- Basic Commodities: Essential goods and services.
- Wages: The price of labor, influenced by supply and demand.
- Inflation: occurs when the cost of production increases.
- Surplus: maximum price a consumer.
- study of individual economic units.
- Land: refers to the solid part of the Earth's surface.
- Remittances: are payments sent by migrants to their families and communities.
- Price Floor: They can lead to surpluses and inefficiencies.
- Equilibrium Quantity: bought and sold at the equilibrium price.
- supplied exceeds quantity demanded.
- Unemployment: refers to the situation where individuals.
- price increases, quantity demanded decrease.
- Monopolistic Competition: A market structure with many sellers.
- Equality: the state of being equal.
- Wage: A legal minimum price that can be paid for labor.
- inflation: occurs when the demand for goods and services.
- The study of the economy as a whole.
- Shortage: exceeds quantity supplied.
- Inclusive Growth: It aims to reduce inequality and ensure that everyone.
- Ceiling: A government-imposed maximum price for a good or service.
- fundamental economic problem of unlimited.
- The willingness and ability of consumers.
- Labor:human effort, both physical and mental, used in the production of goods.
- Self-Interest:Individuals and firms act in their own best interests.
- economic phenomena.
- Price Discrimination: Charging different prices to different customers.
- Commodities: are raw materials, such as agricultural products.
- Price Ceilings:government-imposed maximum prices for goods and services.
- Capitalism:It emphasizes individual initiative, profit maximization.
- Employment:It is a crucial factor in determining individual and household.
- Communism: It aims to create a society free from exploitation.
- Sales tax: It is typically collected by retailers and remitted to the government.
90 Clues: economic phenomena. • Factors of production. • items that satisfy wants. • activities that satisfy wants. • judgments about how the economy. • inflation:refers to a persistent. • Surplus: maximum price a consumer. • Surplus: minimum price a producer. • study of individual economic units. • supplied exceeds quantity demanded. • Equality: the state of being equal. • ...
Economics Crossword 2024-10-02
Across
- The need to feel secure and safe
- Income generated from sales
- Reaching your full potential
- Raw materials from nature
- Economy based on customs and tradition:
- Products that can replace each other
- Money left after expenses are paid
- Plan for income and spending over time
- Items used together
- Necessary items for basic living
- Process of making goods or services
Down
- Need for love and friendship
- Desire to feel valued and respected
- No longer in use, replaced by something
- all the man-made assets that are used to manufacture goods
- Paid help that is not a physical item
- The amount of goods available for sale
- Something you cannot touch
- A combination of market and government
- Basic survival needs
- The exchange of goods or services
- Non-essential but desired item
- One that buys goods or services
- High-end products that aren't essential
- guiding a team to achieve goals
25 Clues: Items used together • Basic survival needs • Raw materials from nature • Something you cannot touch • Income generated from sales • Need for love and friendship • Reaching your full potential • Non-essential but desired item • One that buys goods or services • guiding a team to achieve goals • The need to feel secure and safe • Necessary items for basic living • ...
Chapter 6 APES Crossword 2022-05-20
Across
- Values not usually included in price of goods and services
- A trio of goals made up of economic advancement, environmental protection, and social equity.
- Economic progress that maintains resources for the future.
- The study of good and bad.
- Application of ethical standards to relationships between people and nonhuman entities
- Total monetary value of final goods and services a nation produces each year.
- Ensemble of knowledge, beliefs, values, etc
- The use of natural resources for economic advancement.
- Corporates mislead consumers into thinking the company is acting more sustainable than it actually is.
- Those who maintain that there exist objective notions of right and wrong that hold across cultures and contexts.
- People who judge actions in terms of their effects on whole ecological systems.
Down
- Holds that we should protect the natural environment in a pristine, unaltered way.
- To value something for the pragmatic benefits it brings us if we put it to use.
- To believe that something has a right to exist and is valuable for its own sake.
- Study of how people decide to use potentially scarce resources to provide goods and services that are in demand.
- People who have a human-centered view of our relationship with the environment.
- Perspective that ascribes intrinsic value to certain living things.
- The perception of the world.
- Uses surveys to determine how much people are willing to pay to protect or restore a resource.
- are People who believe that ethics do and should vary with social context.
20 Clues: The study of good and bad. • The perception of the world. • Ensemble of knowledge, beliefs, values, etc • The use of natural resources for economic advancement. • Values not usually included in price of goods and services • Economic progress that maintains resources for the future. • Perspective that ascribes intrinsic value to certain living things. • ...
editing videos 2020-10-26
18 Clues: tro • mat • mata • kräva • vitlök • allergi • lektion • hälsosam • få,några • matlagning • ha med sig • ingrediens • laga mat,koka • läcker,jättegod' • varm,tillagad,kokt • tilltalande,lockande • economics huslig ekonomi • for tillgodose,ordna(åt)
Béla (Zoltán) 22 Aug 2024 2024-08-20
Across
- - feltéve, ha
- ... economics - technika óra
- - zord, barátságtalan
- - logikátlan
- - összefüggéstelen, zavaros
- - képtelen
- - mez
- - alkalmatlan
- - elkoboz
- ... exam - szigorlat
Down
- - haladó
- - olvashatatlan
- ... chicken - sült csirke
- - személytelen
- - rosszul felszerelt
- - kellemetlen, kényelmetlen, alkalmatlan
- - nem praktikus
- - bántalmazott
18 Clues: - mez • - haladó • - elkoboz • - képtelen • - logikátlan • - feltéve, ha • - alkalmatlan • - személytelen • - bántalmazott • - olvashatatlan • - nem praktikus • - rosszul felszerelt • ... exam - szigorlat • - zord, barátságtalan • ... chicken - sült csirke • - összefüggéstelen, zavaros • ... economics - technika óra • - kellemetlen, kényelmetlen, alkalmatlan
Group 2 - Ashley Wiltsie, Peyton Valko, Duncan Brunstetter 2020-12-01
Across
- 80s hairstyles contributed to this
- they are always listening
- a thorn in Trumps side
- Standards and measurement agency
- cause of and solution to problems
- How data influences decision makers
- Bearer of bad news, not wizard
- Suffer from environmental injustice
- Mattel dumped this EDC in 1999
Down
- Lil' bridges architect
- Saving dollars or lives
- Executive, Legislative ...
- controlling through policy
- Organization to address 10 down
- To be implemented and followed
- Catalyst of 50's science innovation
- Al Gore,Robert Bullard,Rachel Carson
- Global environmental controversy
18 Clues: Lil' bridges architect • a thorn in Trumps side • Saving dollars or lives • they are always listening • Executive, Legislative ... • controlling through policy • To be implemented and followed • Bearer of bad news, not wizard • Mattel dumped this EDC in 1999 • Organization to address 10 down • Standards and measurement agency • Global environmental controversy • ...
marketing 2015-10-02
Across
- includes the money
- process of developing,promoting, and distributing products
- business focuses on satisfying customer needs and wants
- strategy of offset business risks
- multiplier effect, meaning the portion for the money
- group of customers with shared needs and wants
- amount of money remaining from revenues after all expenses are paid
- unavoidable weather conditions
- study of the economics of the entire society
Down
- involves the locations and methods used to make products available
- known as natural resources
- growing division of marketing field that focuses on the business
- study of relationships between individual consumers
- possibility of financial gain or loss or personal injury
- human resources
15 Clues: human resources • includes the money • known as natural resources • unavoidable weather conditions • strategy of offset business risks • study of the economics of the entire society • group of customers with shared needs and wants • study of relationships between individual consumers • multiplier effect, meaning the portion for the money • ...
School subjects 2022-08-19
Economics Review 2016-09-14
Across
- a way to buy something now and pay for it later
- a term that means a limited supply of goods or resources
- a sum of money borrowed from a person or group
- ___ resources are the people who supply services or produce goods.
- ___ resources are materials supplied by nature such as water, minerals, plants, and animals.
- type of economic system where people (private individuals) are allowed to own their own businesses and produce what they want
- in a ___ economic system, businesses own most resources and determine what and how to produce, but the government regulates certain industries
- A person who starts his own business is an example of which productive resource?
- a trade ___ occurs when a country forbids trade with another country
- to commit money to possibly gain more money
- a term for a person who buys goods and services
Down
- barrier:A ___ ___ is any restriction on trade
- ___ resources are the things we use (such as tools, buildings, and machinery) to produce goods and services.
- type of economic system where people make their own clothing and tools and trade extra food or items with others in their society
- restriction or limit on the amount of goods that can be imported into a country
- a fee paid to use someone else's money
- an economic term that means "to make something"
- money that you earn by working
- International trade requires a system for currency ___.
- a tax placed on imported goods
- type of economic system where the government controls what is produced and how it is produced
21 Clues: money that you earn by working • a tax placed on imported goods • a fee paid to use someone else's money • to commit money to possibly gain more money • barrier:A ___ ___ is any restriction on trade • a sum of money borrowed from a person or group • a way to buy something now and pay for it later • an economic term that means "to make something" • ...
Economics Crossword 2016-03-08
Across
- alternatives that people choose from when they give up choices
- not a necessity
- all natural resources
- an object that can be bought
- the additional satisfaction from using one more unit of a product
- someone who purchases a product
- an approach that weighs the benefits of an action against its costs
- methods to encourage people to take certain actions
- study of how people satisfy their unlimited wants with limited resources
- the value of something that is given up
- not enough resources to satisfy wants
Down
- human effort to produce goods and services
- resources needed to produce something
- someone who works to make something
- make decisions according to the best combination of costs and benefits
- the resources made and used by people to produce goods and services
- risk taker to start a business
- satisfaction received from using a good or service
- the additional cost of using one more unit of a product
- necessity in life
- a work one person does for another without being paid
21 Clues: not a necessity • necessity in life • all natural resources • an object that can be bought • risk taker to start a business • someone who purchases a product • someone who works to make something • resources needed to produce something • not enough resources to satisfy wants • the value of something that is given up • human effort to produce goods and services • ...
Economics Crossword!! 2015-12-07
Across
- Not enough Demand
- Opposes government intervention
- efficiency
- Monetary Value
- Denmark, Finland
- 7.25
- One firm controlling the Market
- deficient-demand unemployment
- sustained increase in the general price level of goods and services
- adjusts its spending levels and tax rates
- used to identify federal programs such as Social Security and Medicare
- A benefit given by the government to groups or individuals usually in the form of a cash payment or tax reduction
- dominant economic system worldwide.
Down
- kick start a lagging or struggling economy
- a decision-making tool to help them maximize their profits.
- Shortage
- influences a nation's money supply
- CPI
- Not enough supply
- At least two firms controlling the market
- Short in Supply
- America
- Total satisfaction received from a good or service
- Surplus
- U.S.S.R
25 Clues: CPI • 7.25 • America • Surplus • U.S.S.R • Shortage • efficiency • Monetary Value • Short in Supply • Denmark, Finland • Not enough Demand • Not enough supply • deficient-demand unemployment • Opposes government intervention • One firm controlling the Market • influences a nation's money supply • dominant economic system worldwide. • At least two firms controlling the market • ...
Economics CH7 2017-05-04
Across
- responsibility for debt
- a major disadvantage to partnerships
- application for a license to form a corporation
- a license permitting the formation of a new corporation
- anything of value thAt a borrower can give up if they are unable to pay a loan
- a type of business that is owned collectively by its members
- decision making body of a corporation
- the type of partnership in which partners have equal decision making opportunities
- an enterprise that uses the original company's name to sell goods or services
- the amount of time a business operates
Down
- the type of a partnership in which partners rarely take an active role in business decisions
- a business owned and operated by one person
- a business owned and operated by two or more people
- sold by corporations to raise funds
- certificate issued by a corporation in exchange for money borrowed from an investor
- assigning duties to partners based on their skills
- portions of ownership of a firm
- actual amount of money borrowed from a bondholder
- occurs when one company joins with another
- specifies areas where various types of business activities can be pursued
20 Clues: responsibility for debt • portions of ownership of a firm • sold by corporations to raise funds • a major disadvantage to partnerships • decision making body of a corporation • the amount of time a business operates • occurs when one company joins with another • a business owned and operated by one person • application for a license to form a corporation • ...
economics 3 2017-03-21
Across
- divide a municipality into residential, commercial,industrial
- association high prices
- the maintaining of prices
- valuable thing, person, or quality.
- Two companies that are in direct competition and share the same product lines and markets.
- extra benefit supplementing an employee's salary
- as such consists of one or more general partners and one or more limited partners.
- are corporations that elect to pass corporate income, losses, deductions, and credit through to their shareholders for federal tax purposes.
- refers to any corporation that, under United States federal income tax law,
Down
- is an arrangement by which partners conducting a business jointly
- who has limited liability cannot participate in management.
- secret or illegal
- an authorization granted by a government or company
- government corporation is the sole provider of a particular good
- a sum of money paid regularly
- A customer and company or a supplier and company.
- a sum of money paid to a patentee for the use of a patent
- capital raised by a business
- raw material that can be bought or sold
- an agreement with legal force
20 Clues: secret or illegal • association high prices • the maintaining of prices • capital raised by a business • a sum of money paid regularly • an agreement with legal force • valuable thing, person, or quality. • raw material that can be bought or sold • extra benefit supplementing an employee's salary • A customer and company or a supplier and company. • ...
Economics Review 2018-04-27
Across
- insures deposits up to $250,000
- hurts people on fixed incomes
- how to measure standard of living
- accumulation of all deficits from previous years
- interest the Federal Reserve charges banks for loans
- market structure with a few large sellers who act interdependently
- the main reason people assume the risks of entrepreneurship
- when individuals do specific tasks in the production of goods and services
- condition that exists because human wants and needs are greater than available resources
Down
- positive and negative rewards that encourage economic behavior such as making purchases or working to increase productivity
- additional good or profit from one additional unit is called the __ benefit
- type of business organization with limited liability and double taxation
- type of business where you pay a corporation to use its name, logo, recipes, merchandise, etc
- economic system where a central authority allocates resources
- something of value to secure or back up a loan
- if you are a life guard unemployed because it is summer, you are experiencing __ unemployment
- measure of how efficiently resources are used, relationship of inputs to outputs
- the item or value that is lost when someone makes an economic decision
- the fundamental economic questions are: __ to produce? How to produce? For whom to produce?
- goods in which the use of one increase the use of the other
- good and services that a country sends to other nations
- a profit from an investment
- primary monetary policy making body of the Federal Reserve
- situation where quantity supplied is greater than quantity demanded
24 Clues: a profit from an investment • hurts people on fixed incomes • insures deposits up to $250,000 • how to measure standard of living • something of value to secure or back up a loan • accumulation of all deficits from previous years • interest the Federal Reserve charges banks for loans • good and services that a country sends to other nations • ...
Economics Crossword 2018-09-27
Across
- An overall measure the well being of a person in a given nation, as a measure of their capacity for the economic growth and stability.
- Quantification of the economic value of a worker's skill set.
- Refers to property or other assets that have no proven ownership.
- An increase in the capacity of an economy to produce goods and services.
- The creative minds (inventors) and business people who are essential to the development or improvement.
- All the human labor required for the production and distribution.
- Measures the rate of people seeking work that are unable to find it in a giving economy.
- The term for the basic physical systems of a business or nation.
- Average age of death for people in a nation.
- average number of children born per family in a nation.
- It's very difficult for people to escape poverty
- percent of a population that can read at a primary school level or higher.
Down
- The use of monetary or fiscal policy changes to kickstart growth in the economy.
- Set of factors or events by which poverty, once started, is likely to continue unless there is outside intervention.
- Combined value of all goods and services bought, sold, and produced in a year.
- Refers to "first world" countries, states where nearly all citizens have access to infrastructure, healthcare, clean water, and technology; little to no extreme poverty.
- Also "third world" nations, these countries host a high level of extreme poverty and many citizens lack access to basic healthcare and infrastructure.
- prizes, money, or other material gain awarded for a desired behavior.
- Mainly free enterprise but government sets and organizes programs intended to promote economic progress and consumer safety.
- Condition of being unequal (economic inequality)
- All the natural resources (including land/space) used in the production of a good or service.
- All the man-made resources used in the production of a good or service - includes money, equipment, and partially finished goods used to produce a good or service.
- Benefits guaranteed to an individual.
- The state of owing money.
- Period of no or negative economic growth (negative GDP growth rate) that last more than six months.
25 Clues: The state of owing money. • Benefits guaranteed to an individual. • Average age of death for people in a nation. • Condition of being unequal (economic inequality) • It's very difficult for people to escape poverty • average number of children born per family in a nation. • Quantification of the economic value of a worker's skill set. • ...
Economics Crossword 2018-09-27
Across
- Refers to "first world" countries, states where nearly all citizens have access to infrastructure, healthcare, clean water, and technology; little to no extreme poverty.
- Combined value of all goods and services bought, sold, and produced in a year.
- prizes, money, or other material gain awarded for a desired behavior.
- The creative minds (inventors) and business people who are essential to the development or improvement.
- percent of a population that can read at a primary school level or higher.
- Period of no or negative economic growth (negative GDP growth rate) that last more than six months.
- Average age of death for people in a nation.
- Also "third world" nations, these countries host a high level of extreme poverty and many citizens lack access to basic healthcare and infrastructure.
- average number of children born per family in a nation.
- Quantification of the economic value of a worker's skill set.
- Condition of being unequal (economic inequality)
Down
- An increase in the capacity of an economy to produce goods and services.
- Mainly free enterprise but government sets and organizes programs intended to promote economic progress and consumer safety.
- Set of factors or events by which poverty, once started, is likely to continue unless there is outside intervention.
- It's very difficult for people to escape poverty
- The term for the basic physical systems of a business or nation.
- An overall measure the well being of a person in a given nation, as a measure of their capacity for the economic growth and stability.
- All the human labor required for the production and distribution.
- The state of owing money.
- All the natural resources (including land/space) used in the production of a good or service.
- The use of monetary or fiscal policy changes to kickstart growth in the economy.
- Refers to property or other assets that have no proven ownership.
- Measures the rate of people seeking work that are unable to find it in a giving economy.
- Benefits guaranteed to an individual.
- All the man-made resources used in the production of a good or service - includes money, equipment, and partially finished goods used to produce a good or service.
25 Clues: The state of owing money. • Benefits guaranteed to an individual. • Average age of death for people in a nation. • It's very difficult for people to escape poverty • Condition of being unequal (economic inequality) • average number of children born per family in a nation. • Quantification of the economic value of a worker's skill set. • ...
Economics Crossword 2018-09-27
Across
- An increase in the capacity of an economy to produce goods and services.
- The term for the basic physical systems of a business or nation.
- The creative minds (inventors) and business people who are essential to the development or improvement.
- Average age of death for people in a nation.
- All the natural resources (including land/space) used in the production of a good or service.
- Measures the rate of people seeking work that are unable to find it in a giving economy.
- percent of a population that can read at a primary school level or higher.
- Refers to "first world" countries, states where nearly all citizens have access to infrastructure, healthcare, clean water, and technology; little to no extreme poverty.
- All the man-made resources used in the production of a good or service - includes money, equipment, and partially finished goods used to produce a good or service.
- average number of children born per family in a nation.
- Condition of being unequal (economic inequality)
- Quantification of the economic value of a worker's skill set.
Down
- prizes, money, or other material gain awarded for a desired behavior.
- Period of no or negative economic growth (negative GDP growth rate) that last more than six months.
- The use of monetary or fiscal policy changes to kickstart growth in the economy.
- Combined value of all goods and services bought, sold, and produced in a year.
- Mainly free enterprise but government sets and organizes programs intended to promote economic progress and consumer safety.
- Benefits guaranteed to an individual.
- Set of factors or events by which poverty, once started, is likely to continue unless there is outside intervention.
- Refers to property or other assets that have no proven ownership.
- It's very difficult for people to escape poverty
- All the human labor required for the production and distribution.
- Also "third world" nations, these countries host a high level of extreme poverty and many citizens lack access to basic healthcare and infrastructure.
- The state of owing money.
- An overall measure the well being of a person in a given nation, as a measure of their capacity for the economic growth and stability.
25 Clues: The state of owing money. • Benefits guaranteed to an individual. • Average age of death for people in a nation. • It's very difficult for people to escape poverty • Condition of being unequal (economic inequality) • average number of children born per family in a nation. • Quantification of the economic value of a worker's skill set. • ...
SHS Economics 2018-03-27
Across
- the Frenchman who brings together the factors of production
- the factor of production that obsessed Marx
- type of elasticity equal to 1
- When prices fall
- type of crude oil
- Quantity is very sensitive to small changes in price
- point where welfare loss is zero - Mickey Mouse's nose is drawn here
- acronym for components of SRAS
- acronym for components of Govt failure
- Govt discourages consumption of this good (underground Car Park!)
- one of the three functions of the price mechanism
- unit of crude oil production
- limit price set by govt above the equilibrium to be effective
- acronym for components of LRAS
- characteristic of this good means I can't stop you consuming it
- an injection into the circular flow of income
- When past economic events affect the future capacity of the economy to grow. For example Why past unemployment affects current unemployment
- Curve associated with external benefits
- limit price set by govt below the equilibrium to be effective
- your one latin phrase in economics
- denominator in all elasticity except YED
- a resource that can be regenerated naturally
Down
- Curve associated with external costs
- denominator in YED formula
- abbreviation depicts all maximum output possibilities for two goods, given a set of inputs consisting of resources and other factors, assumes that all inputs are used efficiently.
- starting point for going up periscope or down to the car park
- When inflation grows more slowly
- Govt encourages consumption of this good (up periscope!)
- Quantity is extremely unresponsive to changes in price
- acronym for components of Market failure
- point where welfare loss begins - back of Mickey Mouse's nose is drawn here
- the Queen in every elasticity formula
- my consumption of this good doesn't affect the amount left for you
- the cost of the next best alternative foregone
- when social costs and private costs are different
- a withdrawal from the circular flow of income
- The type of economic growth based on production not just rising prices
- abbreviation for POTENTIAL productive capacity of the economy
- He advocates increased Government spending to encourage economic growth during a recession
- a statement of opinion that is not testable
- objective statement that can be tested, amended or rejected by referring to the available evidence
- German economist, lived his last years in London, predicted downfall of capitalist economies
- abbreviation for the sum of all demand
43 Clues: When prices fall • type of crude oil • denominator in YED formula • unit of crude oil production • type of elasticity equal to 1 • acronym for components of SRAS • acronym for components of LRAS • When inflation grows more slowly • your one latin phrase in economics • Curve associated with external costs • the Queen in every elasticity formula • ...
Health Economics 2013-01-09
Across
- Is the change in output resulting from a change in the quantity of the input used, other things held constant
- Arise in health care because of uncertainty and imperfect knowledge
- Involves constructing an inventory of all costs and benefits of an alternative, whatever they are and whoever incurs them; this forms a balance sheet in which they are weighed against each other.
- Is fairness in the distribution and finance of health and health care between people
- Measures the responsiveness of changes in one variable, for example the quantity demanded, to changes in another variable, for example price
- The amount of money an individual is prepared to pay for insurance which is their expected loss if uninsured
- Is a source of insurance market failure and arises because of the asymmetry of information between individuals who wish to buy insurance and the insurance provider
- Is a form of economic evaluation in which health benefi ts are usually measured in terms of quality adjusted life years (QALYs)
- Reflects their degree of risk aversion
- Intervene in the market for health care because markets fail to achieve Pareto efficiency and because markets can be inequitable
- Occurs when it is not possible to make someone better off without making someone else worse off
- May be retrospective or prospective
Down
- Is a graphical representation of a production function, showing all the combinations of inputs that will produce a particular output
- Summarises the relationship between the inputs to and outputs from a firm’s productive process
- Measures how substitutable the factors of production are
- Can be addressed via the introduction of health insurance
- Are spillover effects (positive or negative) incurred in the consumption or production of goods and services in the market
- Is a problem of excess use of health care. It arises when it is possible to alter the probability of illness or the size of the payout required by the insurance provider, it may be reduced by co-insurance, deductibles and no-claims bonuses
- Can lead to physician-induced demand.
- Are non-rival, non-excludable goods that are jointly consumed by everyone
- Is simply defined as the allocation of scarce resources that maximises the achievement of aims
21 Clues: May be retrospective or prospective • Can lead to physician-induced demand. • Reflects their degree of risk aversion • Measures how substitutable the factors of production are • Can be addressed via the introduction of health insurance • Arise in health care because of uncertainty and imperfect knowledge • ...
Economics Crossword 2012-08-08
Across
- Rates/ Interest rates does not change for a particular time.
- Someone that studies the economy.
- Rates/ The annual cost of borrowing credit or annual return on invested savings.
- Development/ A pattern of resource use that to meet human needs while preserving the environment.
- Cost/ Sacrificing something for an alternative.
- not much change in quantity demand when price changing.
- A downturn phase of the business cycle.
- Inputs used for production.
- The creating of goods and services.
- Measures how much the quantity changes when the price changes.
- Where a market or industry is dominated by a single producer of goods and services for which there is no close substitute.
- When a business spreads internationally to trade overseas.
- Sector/ A sector of the economy that includes all individual consumers.
- Produced overseas and bought into the country.
- Unemployment/ Individuals who would like a job or work longer hours.
- Person/A person who works full time or part time and gets paid.
- costs/ These include business expenses such as wages, rent and government taxes.
- fall in the general level of prices over a period of time.
- equality/ A situation where the income is evenly divided amongst a country.
- Domestic Product/ Total value of a country's output, income or expenditure produced within the country's physical borders.
- Inflation/ when prices rises very quickly.
- Flow Model/ a diagram that represents the market and sector of an economy.
- Constraints/ When there is a lack of spare productive capacity to meet increased demand.
- Elaborately Transformed Manufactures.
- Surplus/ A situation where the government receipts exceed outlays.
- Income earned by investors from ownership in shares of companies.
Down
- A situation where average prices are rising.
- Bank of Australia/ RBA
- Growth/ An increase in the capacity of an economy to produce goods and services.
- Listen a product can easily replace another because of their similarity.
- The amount of valuable assets owned by an individual.
- items of value owned by a person.
- Rate/ A percentage of a given group of individuals of working age who are prepared to work and seek employment.
- This exists when it is possible to reduce labour without a decrease in production levels.
- Person/ Those who are willing and able to work cannot secure a job.
- coefficient/ Measurement of inequity.
- Price Index/ An average measurement of prices of a basket of consumer goods and services.
- Assets acquired from a decreased person.
- Curve/ A diagram that illustrate the degree of equality or inequality of a country.
- A tax levied on imported goods.
- Investment/ G2
- Float/ Australia buying its own currency than selling it.
- Demand/ The amount of goods and services demanded in the economy.
- Payment received in exchange for work.
44 Clues: Investment/ G2 • Bank of Australia/ RBA • Inputs used for production. • A tax levied on imported goods. • items of value owned by a person. • Someone that studies the economy. • The creating of goods and services. • coefficient/ Measurement of inequity. • Elaborately Transformed Manufactures. • Payment received in exchange for work. • A downturn phase of the business cycle. • ...
Economics Vocabulary 2012-09-23
Across
- The money that a borrower pays to a lender in return for a loan
- Total market value of all goods and services produced in a country in a given year
- Goods or services that a country brings in or purchases from another country
- A person who buys goods or services for personal use
- A political system in which the government owns all property and runs a command economy
- A gain of money that comes typically from labor or capital
- An amount of money that is owed
- Paper or coins that a country uses for its money supply
- A finished product sold to consumers for personal or home use
- Objects or materials that humans can purchase to satisfy their wants and needs
- The process of using machinery for all major forms of production
- The gain or excess made by selling goods or services over their costs
- An increase in overall prices
Down
- The trade of goods and services
- Good or services that a country sells and sends to other countries
- The level of a country's economic activity, growth, and quality of life
- An economy that is a combination of command, market, and traditional economies
- A severe drop in overall business activity over a along period of time
- The structure of economic life in a country
- A required payment to a local, state, or national government
20 Clues: An increase in overall prices • The trade of goods and services • An amount of money that is owed • The structure of economic life in a country • A person who buys goods or services for personal use • Paper or coins that a country uses for its money supply • A gain of money that comes typically from labor or capital • ...
Economics Quiz 2013-12-11
Across
- When the responsiveness of quantity is proportionally greater than the change in price.
- Spending which is not generated by households in the circular flow of income.
- Fish stocks or forests
- The chart that shows quantity demanded or supplied at various prices.
- Type of factor of production.
- The sector of the economy that produces services.
- Small rises in the price level over a long period of time.
- Values unadjusted for the effects of inflation
- The benefits forgone of the next best alternative.
- A period when there is a particulary deep and long fall in output.
- Unemployment that is short and in-between jobs.
- Goods which are scarce because their use has an economic cost.
- A special type of inferior good where demand increases when price increases.
- This type of good is provided by the government because it is not provided by market mechanism.
- Type of demand when a good is demanded for two or more distinct uses.
- Another word for surplus.
- Supply curves are _____ sloping.
Down
- Price where there is neither excess demand nor excess supply.
- One of the actors of an economic system.
- When the demand of one good is the result of the demand for another good.
- Type of economic model with time as a variable.
- Idea that we should create “the greatest happiness of the greatest number”.
- Latin for “all things being equal”.
- Specialization of workers
- Output per unit of input employed.
- The abbreviation of income elasticity of demand.
- Economic activity which goes unreported to tax authorities.
- Type of unemployment when there is insufficient demand in the economy
- Method of making a theory, testing it and coming to a conclusion.
- Shape of the PPF because not all resources are as productive for various uses.
- Difference between actual level of GDP and the productive potential of an economy.
- A measure of the price level in an economy.
- Medium of exchange by swapping one good for another.
- Inflation caused by increases in the cost of production in the economy.
34 Clues: Fish stocks or forests • Specialization of workers • Another word for surplus. • Type of factor of production. • Supply curves are _____ sloping. • Output per unit of input employed. • Latin for “all things being equal”. • One of the actors of an economic system. • A measure of the price level in an economy. • Values unadjusted for the effects of inflation • ...
ECONOMICS VOCABULARY 2015-03-26
Across
- Employment on varying terms paid at a slightly higher rate than permanent staff
- Promoting a product or service to the public
- Government agency responsible for protecting consumers
- The ideas, recipes or systems which combine other resources
- Type of business ownership where liability is limited to your investment
- Where two to twenty people share the total liability of a business
- Value of all final goods and services produced in a year
- Model showing how money moves around the economy
- Basic unit of business
- Training workers to do a number if specific tasks
- Resources provided by nature
- Company which ensures it treats its employees, suppliers and customers fairly
- Earned by people in the form of wages or salaries
Down
- All man made goods which are used to make other goods or services
- People born in the fifteen years after world war two
- All human effort
- Company concerned with its impact on the environment
- The process of turning resources into goods and services
- Study of how people use scarce resources to maximum benefit
- Breaking a task into specific parts to be done by experts
- Most important objective of business
- Where portions of the ownership of a company are sold to the public
- paid to owners for the use of their land resources
- Refers to people who fly to and from work
- Instrument used to compare two different sets of information equally
- Per person
26 Clues: Per person • All human effort • Basic unit of business • Resources provided by nature • Most important objective of business • Refers to people who fly to and from work • Promoting a product or service to the public • Model showing how money moves around the economy • Training workers to do a number if specific tasks • Earned by people in the form of wages or salaries • ...
Economics Basics 2021-09-14
Across
- The value of a product or service expressed in dollars and cents and is determined by many factors, including supply and demand
- The economic principle that demand goes up when prices come down, an comes down when prices go up
- Any location where producers and consumers come together to engage in the buying or selling of goods and services
- A person who takes risks and starts a venture to solve a problem or to take advantage of an opportunity; a person who provides an innovative product or service to meet a consumer want or need
- People who work to produce goods and services in a business; also known as workforce or labour
- The reward that an owner receives for taking risks. It is the money left over from sales after the costs and expenses of operating a business have been paid
- A charitable organization or charity that does not seek profit from the operations of the business and raises funds for a specific goal
- Items that can be seen and touched
- Items not necessary for survival but that adds pleasure and comfort to life
- Resources such as equipment, a building, or money, that are used to produce goods and services
- A person who buys goods and services. Also referred to as a customer
- Quantity of goods and materials kept on hand
- Another name for economic resource
- When businesses are in control and can charge high prices and raise prices when costs go up
- Patrons of a particular store or business
- Assistance provided, usually in return for payment, that satisfies needs or wants of consumers
- The quantity of a good or service that producers can provide, determined by the costs of producing it and by the price people are willing to pay for it
- An individual or business that makes a product or provides services
- When consumers have the power to choose where they will buy goods and services, and how much they will pay for them
Down
- An independent association of persons who utilize the goods and services offered and come together to meet their economic, social, and cultural needs and goals
- An organization, often a charitable organization, that does not seek to make a profit from the operations of the business
- The way business and government work together to provide goods and services to consumers, and ensure that a country's resources will not be overstretched
- The quantity of a good or service that consumers are willing and able to buy
- Expenditures that help a business generate revenue; assets that are consumed in the process of generating revenue
- Having the ability to pay all debts and meet financial obligations
- A situation in which two or more businesses try to sell the same type of product or service to the same customer
- The raw material that come from the earth, the water, and the air
- The amount of money that is required for each stage of production
- This means through which goods and services are made available to consumers
- The economic principle that supply goes up, and cones down when prices come down
- Mutually dependent; relying on others who also rely on you
- A product or service that consumers no longer want because it has become outdated or outmoded or has been replayed by a new or improved product
- Items necessary for survival such as food, clothing, or shelter
33 Clues: Items that can be seen and touched • Another name for economic resource • Patrons of a particular store or business • Quantity of goods and materials kept on hand • Mutually dependent; relying on others who also rely on you • Items necessary for survival such as food, clothing, or shelter • The raw material that come from the earth, the water, and the air • ...
Economics Vocab 2021-02-23
Across
- combination of two or more companies in a single firm
- a government- or group-imposed price control, or limit, on how high a price is charged for a product, commodity, or service.
- government control and regulation of the amounts charged for rented housing.
- is a situation in which the quantity of a good or service supplied is more than the quantity demanded, and the price is above the equilibrium level determined by supply and demand
- selling a product below cost to drive competitors out of the market
- the lowest wage someone can earn per hour
- a formal organization of producers that agree to coordinate prices and production
- point of balance
- a situation where internal and/or external forces prevent market equilibrium from being reached or cause the market to fall out of balance
- a market structure in which many companies sell products that are similar but not identical
- an agreement among firms to charge one price for the same good
- laws that encourage competition in the market place
- the removal of regulations or restrictions, especially in a particular industry.
Down
- an amount of something left over when requirements have been met; an excess of production or supply over demand.
- an established lower boundary on the price of a commodity in the market.
- any action carried out by the government or public entity that affects the market economy with the direct objective of having an impact in the economy, beyond the mere regulation of contracts and provision of public goods.
- the situation prevailing in a market in which buyers and sellers are so numerous and well informed that all elements of monopoly are absent and the market price of a commodity is beyond the control of individual buyers and sellers.
- a series of competitive price cuts that lowers the market price below the cost of production
- an agreement among firms to divide the market, set prices, or limit production
- a situation in which the market demand for a commodity is greater than its market supply, thus causing its market price to rise.
- like a cartel, and illegal grouping of companies that discourages competition
- a market structure in which a few large firms dominate a market
22 Clues: point of balance • the lowest wage someone can earn per hour • laws that encourage competition in the market place • combination of two or more companies in a single firm • an agreement among firms to charge one price for the same good • a market structure in which a few large firms dominate a market • ...
Liberal Economics 2021-01-15
Across
- Policy that controls the central bank rate
- The “trickle-down” president
- Inflationary ________; when the constant need for more wages and higher prices sends inflation out of control
- The kind of liberals that suggest Adam Smith was right all along (or Keanu Reeves in the Matrix...)
- What the Roosevelt’s deal was
- The depression ultimately resulted in America moving in this direction on the economic spectrum
- What really ended the Great Depression
- _______ state: term for the government providing people with unemployment insurance, health care, old age pensions, etc.
- Reagan said economic prosperity is achieved by lowering taxes forthese people
- Depression era agency that built many of the roads and trails in America’s national parks
- Term for one company having total control over consumers" access to a product
Down
- An economist that proposed an alternative Keynes’ ideas
- Something you might join as a worker to be able to force your employer to treat you better
- Super-fast, super-huge inflation
- When you buy stocks on this, you’re borrowing money invest in the market
- You can get a huge one if you are constantly engaging in deficit spending
- Economist that influenced America’s approach to dealing etc. with the Great Depression
- Term that refers to a precipitous drop in the stock market
- Term for a period a negative economic growth
- Policy that controls government spending and taxation
- Depression era US president
21 Clues: Depression era US president • The “trickle-down” president • What the Roosevelt’s deal was • Super-fast, super-huge inflation • What really ended the Great Depression • Policy that controls the central bank rate • Term for a period a negative economic growth • Policy that controls government spending and taxation • An economist that proposed an alternative Keynes’ ideas • ...
9DAS: Economics 2021-05-14
Across
- When the quantity supplied exceeds the quantity demanded
- Individuals who are able to combine all three resources together to assist in the creation of goods and services.
- The willingness and ability to purchase a product
- Made up of many players that interact to direct the production and distribution of goods and services
- A price decrease generally leads to a ______________________ in the market.
- Skills utilised by people including physical exertion and mental talents to produce goods and services
- A system where private individuals or businesses own a majority of capital goods.
- The economic problem that exists due to unlimited wants and needs outweighing the limited resources
- Used as a factor of production to supply goods and services
- Individual markets that are examined in the economy
- A model that allows us to make decisions about limited resources by looking at the pros and cons of the decision
Down
- A product that has the same or a similar function/characteristics
- A product that is used in conjunction with another
- Materials that are not man-made and found in its raw form
- The willingness and ability to produce a product
- The profit or value of something that must be given up to benefit from or achieve something else.
- Where the demand curve intersects the supply curve
- Manufactured or man-made resources used to assist in the creation or delivery of goods and services
- Something that is necessary for survival
- Something that is desired but not necessary for survival
20 Clues: Something that is necessary for survival • The willingness and ability to produce a product • The willingness and ability to purchase a product • A product that is used in conjunction with another • Where the demand curve intersects the supply curve • Individual markets that are examined in the economy • When the quantity supplied exceeds the quantity demanded • ...
economics em 2021-03-23
Across
- something coming from a different county
- something we want
- a type of money a country uses
- goods used to make other goods
- someone who makes goods
- described what's used in a production
- someone who buys goods
- money coming from someone
Down
- an expert at something
- people do everything
- goods that came from nature
- workers of a business
- between a command and a market
- a poor economy
- something you cant live without
- the government controls everything
- not many of something
- something coming out from a country
- when a country limits trades
- a product
- the exchange of something
21 Clues: a product • a poor economy • something we want • people do everything • workers of a business • not many of something • an expert at something • someone who buys goods • someone who makes goods • the exchange of something • money coming from someone • goods that came from nature • when a country limits trades • between a command and a market • a type of money a country uses • ...
Economics terms 2021-09-02
Across
- a person who buys goods and services to satisfy their needs and wants.
- Reasons for working including anything related to financial gain.
- service producers, use their skills, knowledge and effort to provide a service to consumers.
- Someone who sees an opportunity for a new idea and takes on the risk of starting their own business to make a profit from the
- Australia is considered an ‘__________ population’. This means there are more older people than younger people.
- form of unearned income provided by the government for people who have passed the retirement age.
- Being in short supply.
- The study of how people and society use resources to satisfy their needs and wants.
- Owning your own and being your own boss.
- period of life when a person has reached a certain age when they can no longer work fulltime or choose not to work.
- Things or items that are not essential to keeping us alive, but we would still like to have because they help make our life easier or more enjoyable.
Down
- a person or group (such as a business or company) that makes a good or service in order to sell it.
- Work for less than 38 hours a week.
- Work for more than 38 hours a week.
- Reasons for working including anything related to non-financial gain.
- industrial producers, mainly manufacture goods in factories.
- We have limited resources to meet unlimited needs and wants.
- Physical or mental effort directed to doing or making something.
- compulsory way of saving for retirement.
- Things or items that are essential to keeping us alive.
- the oldest producers in any economy. They produce food.
- Large companies look for investors that will give them money in exchange for a ________ of the company.
22 Clues: Being in short supply. • Work for less than 38 hours a week. • Work for more than 38 hours a week. • compulsory way of saving for retirement. • Owning your own and being your own boss. • Things or items that are essential to keeping us alive. • the oldest producers in any economy. They produce food. • industrial producers, mainly manufacture goods in factories. • ...
Economics Vocabulary 2022-04-11
Across
- The reduction of industrial activity or capacity in a region or economy.
- An individual that has an idea and intends to execute on that idea, usually to disrupt the current market with a new product or service.
- A name for a market which is dominated by a few sellers, and therefore has less competition.
- The process of putting a decision or plan into effect; execution.
- An amalgamation or joining of two or more firms into an existing firm or to form a new firm.
- Reduction of the general level of prices in an economy.
- A general increase in prices and fall in the purchasing value of money.
- A system or policy of economic self-sufficiency aimed at removing the need for imports.
- A contract by which property is conveyed to a person for a specified period, usually for rent.
- An efficiency or ease with which an asset or security can be converted into ready cash without affecting its market price.
Down
- A condition or state in which economic forces are balanced.
- A period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP.
- The legal procedure for satisfying claims against a mortgagor in default who has not redeemed the mortgage: satisfaction may be obtained from the proceeds of a forced sale of the property.
- The reduction in value of a fixed asset due to use, obsolescence.
- An increase in the supply of money and credit designed to cause such an increase.
- An economic system (or part of a system) is ripe to be transformed into something else or heading towards decline.
- An official ban on trade or other commercial activity with a particular country.
- The process of items shrinking in size or quantity, or even sometimes reformulating or reducing quality, while their prices remain the same or increase.
- The theory that inflation is caused by an excess quantity of money in an economy.
- Based or operating abroad in places where the tax system is more advantageous than that of the home country.
- Exchange (goods or services) for other goods or services without using money.
- The yearly income earned from an investment. It’s often expressed as a percentage.
22 Clues: Reduction of the general level of prices in an economy. • A condition or state in which economic forces are balanced. • The reduction in value of a fixed asset due to use, obsolescence. • The process of putting a decision or plan into effect; execution. • A general increase in prices and fall in the purchasing value of money. • ...
Economics Crossword 2022-04-27
Across
- The Caribbean Community
- measured as an increase of people's real income; means people become less poor
- a good or service bought in one country that was produced in another.
- A tax levied on an imported good.
- Activities a company undertakes to promote the buying or selling of a product or service.
- the advantages that can sometimes occur as a result of increasing the size of a business.
- a government-imposed trade restriction that limits the number or monetary value of goods that a country can import or export.
- a basic economic concept involving the buying and selling of goods and services
- A direct or indirect payment to individuals or firms, usually in the form of a cash payment from the government.
- economic transactions that are made between countries.
- Action taken by a country whose exports are adversely affected by the raising of tariff .
Down
- trade agreements between countries to help improve trade and trading conditions.
- a product or service produced in one country but sold to a buyer abroad.
- policy of protecting domestic industries against foreign competition.
- One that has business operations in two or more countries
- when a company makes an investment in a foreign country.
- a company that owns or controls production in more than one nation.
- The North American Free Trade Agreement
- a group of countries that have few or no barriers to trade.
- An interdependence of nations around the globe fostered through free trade.
- Measures the monetary value of final goods and services.
- or in exceptional cases the value, of the goods or services that may be exported
22 Clues: The Caribbean Community • A tax levied on an imported good. • The North American Free Trade Agreement • economic transactions that are made between countries. • when a company makes an investment in a foreign country. • Measures the monetary value of final goods and services. • One that has business operations in two or more countries • ...
Economics Crossword 2022-09-21
Across
- A type of economy where a combination of consumers, businesses and government make the decisions (Ex.Canada)
- Things that can not be perceived by touch (ex.copyright)
- Goods that help complete another in some way (ex. ketchup and hamburger buns)
- People who work to produce goods/services in a business (ex.training)
- The production and/or sale of goods and/or services to satisfy the needs, wants, and demands of consumers with a purpose of making a profit
- An expensive item that can be seen/touched but is not necessary for survival (ex.sports car)
- Means through which goods and services are made available to consumers (ex.land)
- An essential item for survival which can be seen and/or touched (ex.food)
- satisfy the same set of goals or preferences (ex.Hamburger and pork)
- To come up with a new unique idea, thought, or production for a new object, device, or process, which a person has not seen or heard of before (ex.light bulb)
- An item which is necessary for survival (ex.water)
- A product/service that consumers no longer want as it is outdated/outmoded or has been replaced by a new/improved product (ex.layer disk)
Down
- Equipment, building, money, which is used to produce goods and services (ex.vehicles)
- Amount of goods/services businesses are willing and able to sell at certain prices
- The amount of goods/services people are willing to buy at certain prices
- Assistance provided which satisfied needs/wants of people/businesses but is not a product that can be touched (ex.babysitting)
- General increase in the price of goods and services over a period of time
- Raw materials we get from earth, water and air (ex.cotton)
- Goods which are used together (ex.phone+data)
- State of the economy where there are large unemployment rates, a decrease in income, and standard of living decreases (ex.Great Depression)
- State of the economy where there is an increase in output, income, employment, prices and profit
- An individual who purchase goods or services (ex.customers)
- People/businesses which buy goods/services (ex.people)
- Goods that are a result of changed conditions, can replace each other in use or consumption (ex.Coke vs Pepsi)
- An individual or business whcih makes a product (ex.McDonalds)
- Using new technology, materials or processes to improve existing products, or on how they are produced and distributed (ex.electric cars)
- An item which is not necessary for survival but adds pleasure/comfort to life (ex.playstation)
- An item which is able to be seen and/or touched (ex.pencil)
28 Clues: Goods which are used together (ex.phone+data) • An item which is necessary for survival (ex.water) • People/businesses which buy goods/services (ex.people) • Things that can not be perceived by touch (ex.copyright) • Raw materials we get from earth, water and air (ex.cotton) • An individual who purchase goods or services (ex.customers) • ...
ECONOMICS - ODD 2022-01-20
Across
- WANTS A VOLLEYBALL TEAM
- PLAYS ICE HOCKEY
- PHOTOGRAPHY
- PIERCED HERSELF
- MEDICAL FIELD
- ENGINEERING JOB
- CAN POP HIS EARS
- CONSCTION WORKER
- THERAPIST
- FIREFIGHTER
- LOVES PINTEREST
Down
- TEACHER
- BROKE ARM
- USED TO BE SCARED OF THE POOL
- INTERACT CLUB, NHS, SCENERY CREW
- NFL
- WANTS TO CHANGE THE DRESS CODE
- NEVER BROKE A BONE
- ZOOKEEPER
- WANTS TO BE A PEDIATRICIAN
- DOESN'T DREAM OF LABOR
- ALMOST FELL OUT OF A CAR
22 Clues: NFL • TEACHER • BROKE ARM • ZOOKEEPER • THERAPIST • PHOTOGRAPHY • FIREFIGHTER • MEDICAL FIELD • PIERCED HERSELF • ENGINEERING JOB • LOVES PINTEREST • PLAYS ICE HOCKEY • CAN POP HIS EARS • CONSCTION WORKER • NEVER BROKE A BONE • DOESN'T DREAM OF LABOR • WANTS A VOLLEYBALL TEAM • ALMOST FELL OUT OF A CAR • WANTS TO BE A PEDIATRICIAN • USED TO BE SCARED OF THE POOL • WANTS TO CHANGE THE DRESS CODE • ...
Economics Kewords 2021-12-16
Across
- All natural resources provided by nature.
- Buying Goods or services from other countries.
- Something that you would like to have but don’t necessarily need.
- The effort to increase production by adding the number of factors of production.
- Goods are distributed directly to consumers by producers.
- Selling goods or services to other countries.
- Amount of money earned by firms from selling goods or services.
- A person who owns and manages a business.
- An activity to make goods or services.
- A stage of production that involves extracting natural resources.
Down
- Human resources
- Man-made resources.
- To deliver goods to consumers.
- The effort to increase production by increasing the efficiency of factors of production.
- Needs which must be fulfilled right at this moment or immediately.
- A condition where people tend to spend all their income.
- To use goods or services.
- Needs that absolutely have to be fulfilled to keep human survive.
- The positive difference between revenue and cost of production.
- A situation when there aren’t enough goods and services to meet human’s needs and wants.
- The value of goods in money.
- Something you must have to stay healthy and safe.
22 Clues: Human resources • Man-made resources. • To use goods or services. • The value of goods in money. • To deliver goods to consumers. • An activity to make goods or services. • All natural resources provided by nature. • A person who owns and manages a business. • Selling goods or services to other countries. • Buying Goods or services from other countries. • ...
Business Economics 2022-10-31
Across
- Coal is an example of __ factors of production
- Type of economy that uses elements of all three
- level of income
- How much something is worth
- Created as a result of process
- of money
- A person who employ workers to producer goods
- The type of money that circulates in different
- Macroeconomics deals with
- Consumer's desire and willingness to pay a price
- Putting money aside to spend on a later date
- Valuable things to pay some goods or service
- The money used to start a business
- A picture or a symbol representing a business
Down
- Action of buying and selling goods and services
- services
- Knowledge about the production, consumption,
- People who buy your product
- Where buyers and sellers interact
- Goods and services sold to other countries
- The study of individual
- The sudden rise in price
- necessary for survival
- good
- Amount of money required to pay for a good or
- The situation that exists when there are not enough resources to meet human wants
- A luxury item
- Reward paid for unskilled labour
- The money paid to the government depending on
- Input factor classified as skilled, semiskilled and unskilled
30 Clues: good • services • of money • A luxury item • level of income • necessary for survival • The study of individual • The sudden rise in price • Macroeconomics deals with • People who buy your product • How much something is worth • Created as a result of process • Reward paid for unskilled labour • Where buyers and sellers interact • The money used to start a business • ...
Micro Economics 2022-11-29
Across
- ideal choice of solution of a firm that would maximize profit
- monopoly that would form as a result of being in a free market
- a free market with no government intervention
- a choice made by taking into account the outcome of the choice and the resource of other firms
- The outcome of a strategic decision.
- a firm that has significant market power which is enough to control price
- difference between what a consumer is willing to pay vs what they are actually paying
- where demand and supply determine the prices of a g/s
- when firms interact repeatidly to increase profits
- where price equals marginal cost
- where marginal cost is equal to marginal revenue
- where one single strategy is best for a firm regardless of what other firms do
- Top 4 firms control less than 40% of the market , limited price control, low barriers to entry, little to no long run profit
Down
- study of the ways in which different choices by competitors
- product characteristics that make products stand out to consumers compared to other goods
- when prices or changes established by a dominant firm are accepted by others
- where firms take into account the reactions of competitors in response to a change in price
- laws that are set to ensure that fair competition exists in an open market
- when sellers charge customers for a g/s at different prices so that they pay the maximum price
- Market with a single firm, only one product, full price control, with very high barriers to entry
- situation in market where firms have some control over price/violates characteristics of perfect competition
- the amount of control that firms have on the course of the market
- where a firm is producing at a lower scale of output than it is designed for
- restrictions made to ensure that goods and services remain affordable
- resources are not allocated efficiently
- Top 4 firms control more than 40% of market , with limited competition, some price control, and profit in the long run
26 Clues: where price equals marginal cost • The outcome of a strategic decision. • resources are not allocated efficiently • a free market with no government intervention • where marginal cost is equal to marginal revenue • when firms interact repeatidly to increase profits • where demand and supply determine the prices of a g/s • ...
Economics final 2021-06-11
Across
- A limit placed on the quantities of a product that can be imported
- What is a fundamental principle of economics which states that at a higher price consumers will demand a lower quantity of a good.
- The idea of limited resources
- The act of trading one thing for another
- A tax on the manufacturing or sale
- Which stock has the highest risk but also the greatest potential for rewards?
- The worth of goods and services are made in a country over time.
- What is the amount of a product offered for a sale at all available prices
- What is a good investment which will increase in value over time
- The next best thing for your time and money
- What is a company that pools money from many investors and invests the money in securities such as stocks, bonds, and short-term debt.
- The tax a corporate pays on its profits
Down
- What is the best way to dramatically reduce the total amount of interest you pay on your home loan?
- What is the maximum amount of money you should spend on housing per month?
- The ups and downs in the GDP overtime
- The tax on the transfer of property when a person dies
- Natural resources not created by people
- What is an economic principle referring to a consumer's desire to purchase goods and services and willingness to pay a price for a specific good or service.
- People choose to leave their job to find a better one.
- A graph that shows the connection between the points, shows the diff amount of products and prices.
- A tax placed on imports to increase their price in the domestic market
- What does GDP stand for?
- what is the number of unemployed people?
- Tools, Machines, Factory, equipment
- States that more will be offered for a sale at a higher price than lower prices.
25 Clues: What does GDP stand for? • The idea of limited resources • A tax on the manufacturing or sale • Tools, Machines, Factory, equipment • The ups and downs in the GDP overtime • Natural resources not created by people • The tax a corporate pays on its profits • The act of trading one thing for another • what is the number of unemployed people? • ...
Economics Vocabulary 2021-05-06
Across
- year-a 12-month period for which an organization plans its expenditures
- sector-the part of the economy that is owned by individuals or businesses
- tax-a tax on the production or sale of a specific good or service
- fee-money charged for the use of a good or service
- assessor-a government official who determines the value of property to be taxed
- budget-a plan for major expenses or investments
- payments-money distributed to individuals who do not provide goods or services in return
- tax-a tax on the assets of a person who has died
- spending-spending that the government must authorize each year
- spending-government spending that is required by current law
- amounts of money put aside for specific purposes
- budget-a plan for day-to-day expenses
- transfer payment from the federal government to state or local governments
Down
- budget-a budget in which total government revenue is equal to total government spending
- tax-a tax on money or property given by one living person to another
- welfare programs with specific requirements
- government-run, national health insurance program mainly for citizens over age 65
- budget-a plan for spending federal tax money
- government-run medical insurance program for low-income people
- duty-a tax on goods imported into the United States
20 Clues: budget-a plan for day-to-day expenses • welfare programs with specific requirements • budget-a plan for spending federal tax money • budget-a plan for major expenses or investments • tax-a tax on the assets of a person who has died • amounts of money put aside for specific purposes • fee-money charged for the use of a good or service • ...
Economics Vocab 2021-04-29
Across
- economists look at the big picture
- outputs such as books and cars
- quality of life based off of possessions of necessities and luxuries
- not enough resources
- used to make goods
- land, water, fish, animals
- comparing the marginal benefit to the marginal cost
- works that produce goods or services
- someone who creates their own business
- resources necessary to produce goods and services
- the total value of all of the goods produced in a country in one year
Down
- theory that explains human economic behavior
- economists look at the small picture
- food, water, shelter
- outputs like haircuts and repairs
- deciding to do one thing or another
- the additional satisfaction after producing additional output
- goods used to make other goods
- entertainment, fun, phone
- the best use of your time and money after you decide to do one thing rather than the other
- the additional cost of producing extra output
21 Clues: used to make goods • food, water, shelter • not enough resources • entertainment, fun, phone • land, water, fish, animals • outputs such as books and cars • goods used to make other goods • outputs like haircuts and repairs • economists look at the big picture • deciding to do one thing or another • economists look at the small picture • works that produce goods or services • ...
Economics Terms 2022-10-20
Across
- the rate of increase in prices over a given period of time
- when a company or business grows so large that the costs per unit increase.
- the average tax rate, or amount of tax paid as a percentage of income, decreases as income increases
- a condition or state in which economic forces are balanced
- a principle of economics that captures the consumer's desire to buy the product or service
- the value or benefit given up by engaging in that activity, relative to engaging in an alternative activity
- a set of actions to control a nation's overall money supply and achieve economic growth
- monetary measure of the market value of all the final goods and services produced and sold in a specific time period by countries.
- the total amount of a given product or service a supplier offers to consumers at a given period and a given price level.
- when a supplier sets a fixed price for a good or service for a certain time period
- a period of increased commercial activity within either a business, market, industry, or economy as a whole
Down
- occurs when securities fall for a sustained period of time
- a significant decline in economic activity spread across the market
- the amount a lender charges a borrower and is a percentage of the principal
- the use of government spending and taxation to influence the economy
- the cost advantages that enterprises obtain due to their scale of operation
- occurs when securities are on the rise
- a tax where the. average tax rate, or the total amount of. tax paid as a percentage of income, increases as the taxpayer's income. increases.
- commodities that the public sector provides free or cheaply because the government wishes to encourage their consumption.
- a good that is both non-excludable and non-rivalrous
20 Clues: occurs when securities are on the rise • a good that is both non-excludable and non-rivalrous • occurs when securities fall for a sustained period of time • the rate of increase in prices over a given period of time • a condition or state in which economic forces are balanced • a significant decline in economic activity spread across the market • ...
Economics Glossary 2020-04-28
Across
- Equipment used to make goods and services
- An economy where people produce only enough goods and services for their own family
- Income flows that are removed from the Circular Flow model. (savings, tax, imports)
- Physical items used by consumer and services for a profit
- Income flows which are added to the Circular Flow of Income model (investment, govt. spending, exports)
- Actions done for consumers by producers
- Ability to combine all resources to make something (plan, recipe, system etc)
- Institution which handles money for households and firms
- Organisations that make goods and services
- Goods and services bought from overseas
- Situation where demand is greater than supply
- Basic necessities for life
- Organization with authority to make decisions for the population
- Payment for use of land
- A system where factors of production are owned by the government
- Goods and services which we desire but don’t need
- Where actions by one party have impacts on another, particularly economically.
Down
- Payment per hour for labour
- That part of earnings not spent
- A system which allows private ownership of the factors of production
- The study of how people use scarce resources to satisfy needs and wants
- A system where all factors of production, distribution and consumption of goods and services are controlled by the government
- Basic units used to make goods and services
- All human effort, both physical and intellectual
- Action of only doing one part of the process
- Financial assistance given to people by the Government
- Money paid at a particular rate for the money lent
- An organization that sells goods
- Final users of goods and services to satisfy their needs and wants
- Purchase of new capital
- Payment earned by entrepreneurs
- All resources provided by nature
- Goods and services sold overseas
- Compulsory government levy
- Payment per year for labour
- Reward for the use of resources
- Place where goods and services are bought and sold.
- Used to pay for goods and services
38 Clues: Purchase of new capital • Payment for use of land • Basic necessities for life • Compulsory government levy • Payment per hour for labour • Payment per year for labour • That part of earnings not spent • Payment earned by entrepreneurs • Reward for the use of resources • An organization that sells goods • All resources provided by nature • Goods and services sold overseas • ...
Economics Crossword 2016-05-16
Across
- restraining trade between countries through methods such as tariffs on imported goods
- a political theory derived from Karl Marx
- international trade left to its natural course without tariffs, quotas, or other restrictions
- an American economist and statistician best known for his strong belief in free-market capitalism
- broadest quantitative measure of a nation's total economic activity
- an index of the variation in prices paid by typical consumers for retail goods and other items
- hands off government
- bottom point on graph
- everyone is eligible to work
- famous economist born in Vienna, Austria
- an individual retirement account
- measure of what an entity is worth
- currency that a government has declared to be legal tender, but is not backed by a physical commodity
- an increase in the value of one currency in terms of another
- ability to produce a better quality good using the same resources
- policy macroeconomic policy laid down by the central bank
- allows business owners to measure the additional benefits of one production activity versus its costs
- a situation when the price charged is more than or less than the equilibrium price
- use of monetary or fiscal policy changes to kick start a lagging or struggling economy
- known for Wealth of Nations
- measure of average income per person in a country
- complete control over imdustry
- situation in which income exceeds expenditures
- a state of limited competition
- money granted to help an industry
- measurement of "useful-ness" that a consumer obtains from any good
Down
- the system by which the value of a currency was defined in terms of gold
- used by economists to predict future economic activity
- an agreement among the United States, Canada and Mexico designed to remove tariff barriers between the three countries
- policy means by which a government adjusts its spending levels and tax rates to monitor and influence a nation's economy
- also known as the "the Fed"
- measures how efficiently production inputs
- situation when the price charged is more than or less than the equilibrium price
- when the demand for a product or service exceeds its supply in a market
- if countries specialise in producing goods where they have a lower opportunity cost
- government program guaranteeing access to some benefit by members of a specific group and based on established rights or by legislation
- an economic and political system in which a country's trade and industry are controlled by private owners for profit, rather than by the state
- only global international organization
- an economic system in which private business operates in competition and largely free of state control
- resource that exceeds the portion that is utilized
- advocates that the means of production, distribution, and exchange should be owned or regulated by the community as a whole
- smooth out the effects of expansion and contraction in the business cycle by using fiscal and monetary policy
- the less amount of money allowed to get paid when working
- the amount by which the cost of a country's imports exceeds the value of its exports
- an account that is used to set aside funds to be used in an emergency
- top point on graph
- mass production
- increase of progress
- decline of progress
- low supply
50 Clues: low supply • mass production • top point on graph • decline of progress • hands off government • increase of progress • bottom point on graph • also known as the "the Fed" • known for Wealth of Nations • everyone is eligible to work • complete control over imdustry • a state of limited competition • an individual retirement account • money granted to help an industry • ...
Economics Crossword 2019-08-03
Across
- The more you love this the more I have to pay to part with it
- RBI uses this rate to influence interest rate
- A branded market structure
- A kinky market!
- When this changes you just slide along a demand curve
- You really don't care wherever you are on this thing
- This thief robs your money while leaving g it with you
- As the Beatles said, it's all within you!
- The sight of babies made him sick
- Marx says labour alone creates this
Down
- He blamed inflation on the central bank's printing press
- When this changes you can jump between demand curves
- You maybe an all rounder but focus on this
- Price takers all
- If you don't want to buy from me you can't buy from anyone else
- Marshall said whenever you buy something you get this free
- His hand was invisible
- This made Marx resign from his teaching position
- Keynes says this is good for each one of us but deadly for the economy
- If not forgive you must forget this cost
20 Clues: A kinky market! • Price takers all • His hand was invisible • A branded market structure • The sight of babies made him sick • Marx says labour alone creates this • If not forgive you must forget this cost • As the Beatles said, it's all within you! • You maybe an all rounder but focus on this • RBI uses this rate to influence interest rate • ...
Economics Revision 2019-11-05
Across
- What firms/businesses give households in a flow diagram
- Something that is essential for survival
- The 'C' in factors of production
- Someone who makes a good or service
- The point where demand and supply meet on a graph
- The 'x' flow of income explains how money moves through an economy
- Pricing strategy where you charge $5.95 to make people think it's cheaper
- What you give up by choosing another option
- On a supply and demand graph, what INCREASES as price and quantity increase?
- A customer who always buys goods and services from the same business
- A consumer who only buys things when they are good value for money
Down
- A producer who produces food
- Wants are unlimited, but needs are limited
- The 'E' in factors of production
- A business may try to be 'x' - meaning they care about the people who make their products
- A producer who manufactures good in a factory
- Someone who buys a good or service
- Coles and Woolies banning plastic bags is an example of responding to which consumer demand?
- Pricing strategy where you charge a lot to make it look expensive
- The name for the group that give money to firms/businesses in a flow diagram
- Acronym for Factors of Production
- Something that you don't have to have but desire
22 Clues: A producer who produces food • The 'E' in factors of production • The 'C' in factors of production • Acronym for Factors of Production • Someone who buys a good or service • Someone who makes a good or service • Something that is essential for survival • Wants are unlimited, but needs are limited • What you give up by choosing another option • ...
Economics Crosswrod 2019-05-28
Across
- Demand / A decrease in government spending results in a decrease in _____.
- / general increase in prices over time
- / models strategic interactions of firms in oligopoly markets
- / tax where the proportion of income paid in taxes rises as income rises
- / excess burden caused from not being at the competitive market equilibrium
- / competition that has only one firm that sets prices
- / factor market in which there is a sole firm that has market power
- / an increase in money supply increases the quantity of investment demanded because of a decrease in ____.
- / a grant or contribution used to increase the supply of goods with positive externalities
Down
- / the period of time in which state of the economy declines
- / costs that are not affected by changes in output
- / when the interest rates in a country rise, the value of their ______ increases.
- / loss of funds for private investment caused by government borrowing
- / recurring fluctuations in economic activity consisting of recession and recovery and growth and decline
- / the percentage of the workforce that is unemployed
- / indirect costs included in economic profit
- / minimum price below which the product cannot be sold
- / when actions of a person have an impact on others
- / curve that shows increasing opportunity costs
- / C I G (X – M)
20 Clues: / C I G (X – M) • / general increase in prices over time • / indirect costs included in economic profit • / curve that shows increasing opportunity costs • / costs that are not affected by changes in output • / the percentage of the workforce that is unemployed • / when actions of a person have an impact on others • ...
ECONOMICS TERMINOLOGIES 2020-02-09
Across
- a sustained fall in the price level
- the tendency for people who are insured or otherwise protected to take greater risks
- the price of one currency against a basket of currencies
- confusion over relative prices caused by inflation
- used in the context of international trade, a situation where a country can produce a product at a lower opportunity cost than another country
- a fall in the inflation rate
- industries involved in providing knowledge-based services.
- a low rate of inflation
- someone who does not pay to use a public good
- Adam Smith’s criteria for a ‘good’ tax
- the setting up of production units or the purchase of existing production units in other countries.
- non-cash assets that can be quickly turned into cash
- a tax that is charged as a given percentage of the price
Down
- fluctuations in economic activity over a period of years.
- the income of people and fi rms being pushed into higher tax brackets as a result of infl ation.
- an accumulated stock of assets
- an increase in the international price of a currency caused by market forces
- the automatic way in which the market allows the preferences of consumers to be made known to producers.
- the extent to which the tax burden is borne by the producer or the consumer or both
- used in the context of international trade, a situation where, for a given set of resources, one country can produce more of a particular product than another country
- the total spending on an economy’s goods and services at a given price level in a given time period
- a fall in the exchange rate causing an increase in a current account defi cit before it reduces it due to the time it takes for demand to respond.
- flows of money moved around the world to take advantage of changes in interest rates and exchangerates
- within the balance of payments, a record of the trade in goods, trade in services, investment income and current transfers.
- a ban on imports and/or exports
25 Clues: a low rate of inflation • a fall in the inflation rate • an accumulated stock of assets • a ban on imports and/or exports • a sustained fall in the price level • Adam Smith’s criteria for a ‘good’ tax • someone who does not pay to use a public good • confusion over relative prices caused by inflation • non-cash assets that can be quickly turned into cash • ...
Economics Vocab 2020-10-27
Across
- is a graph that shows how much of a good or service an individual will buy at each price.
- Goods and services that can be used in place of other goods and services to satisfy consumer wants
- is the term used for a change in the amount of a product that a consumer will buy because the purchasing power of his or her income changes—even though the income itself does not change.
- shows the data found in the market demand schedule. In other words, it shows the quantity that all consumers, or the market as a whole, are willing and able to buy at each price.
- are the price of the resources needed to produce a good or service.
- is a graph that shows how much of a good or service an individual producer is willing and able to offer for sale at each price.
- are expenses that the owners of a business must incur whether they produce nothing, a little, or a lot.
- are goods that consumers demand less of when their incomes rise.
- The desire to have a good or service and the ability to pay for it.
- the act of controlling business behavior through a set of rules or laws, can also affect supply.
- are business costs that vary as the level of production output changes.
- states that producers are willing to sell more of a good or service at a higher price than they are at a lower price.
- is the added revenue per unit of output, or the money made from each additional unit sold
- of production by adding fixed and variable costs together.
Down
- is the pattern of behavior that occurs when consumers react to a change in the price of a good or service by buying a substitute product— one whose price has not changed and that offers a better relative value.
- which states that the marginal benefit from using each additional unit of a good or service during a given time period tends to decline as each is used.
- When the use of one product increases the use of another product, the two products
- States that when the price of a good or service falls, consumers buy more of it
- is a tax on the production or sale of a specific good or service.
- shows the data from the market supply schedule.
- when a change in price, either up or down, leads to a relatively larger change in the quantity demanded.
- This level of output is reached when the marginal cost and the marginal revenue are equal
- is the income a business receives from selling a product. It can be expressed by the formula Total Revenue = P Q, where P is the price of the product and Q is the quantity purchased at that price.
- are goods that consumers demand more of when their incomes rise.
- refers to the willingness and ability of producers to offer goods and services for sale.
- when a change in price leads to a relatively smaller change in the quantity demanded.
- cost: or the additional cost of producing one more unit of their product.
27 Clues: shows the data from the market supply schedule. • of production by adding fixed and variable costs together. • are goods that consumers demand less of when their incomes rise. • are goods that consumers demand more of when their incomes rise. • is a tax on the production or sale of a specific good or service. • ...
Economics Crossword 2020-04-30
Across
- A system where factors of production are owned by the government
- Organisation with authority to make decisions for the population
- The study of how people use scarce resources to satisfy needs and wants
- Complex group of firms in many countries each producing a component of a final product.
- The cost of the next-best alternative opportunity
- A system which allows private ownership of the factors of production
- A system where all factors of production, distribution and consumption of goods and services are controlled by the government
- Income flows which are added to the Circular Flow of Income model (investment, govt. spending, exports)
- An economy where people produce only enough goods and services for their own family
Down
- Where actions by one party have impacts on another, particularly economically.
- Situation where demand is greater than supply
- Compulsory government levy
- A company that operates in many countries with independent headquarters in each.(McDonalds)
- Raw materials used to make goods and services (land, labour, capital & enterprise)
- A company which operates in several countries with its headquarters in the parent country. (Apple)
- Income flows that are removed from the Circular Flow model. (savings, tax, imports)
- Financial assistance given to people by the Government
- Place where goods and services are bought and sold (Coles, Seek.com, Fremantle markets) Same as Market
- Place where goods and services are bought and sold.
- Place where factors of production are bought and sold.
20 Clues: Compulsory government levy • Situation where demand is greater than supply • The cost of the next-best alternative opportunity • Place where goods and services are bought and sold. • Financial assistance given to people by the Government • Place where factors of production are bought and sold. • A system where factors of production are owned by the government • ...
Economics Vocabulary 2023-04-14
20 Clues: after • hourly • annual • before • taken out • collectors • tax season • contribution • income based • self employed • illegal fraud • money received • money generated • national programs • verifies employment • reports withholdings • allowances/dependents • medicare/social security • permanent workers/residents • money earned minus deductions
Economics Crossword 2022-12-12
Across
- economic ____ lets consumers decide how to spend or save their income
- a ____ card uses your future money
- borrowed money from a bank
- economic ____ is what is considered fair
- seashells and salt are an example of _______ money
- a ____ card uses your current money
- a credit ____ is how banks measure your trustworthiness
- process of deciding who gets scarce goods
- calculated plan for spending
- US Dollars are an example of ___ money
Down
- type of interest that comes from the money your money makes
- economic _____ is the protection against economic risks
- expected earnings minus the expected cost
- loan used by individuals
- when you owe money to a bank
- a ____ deposit is like a savings account with a time lock on it; penalty if accessed before set date
- loan used by businesses
- ____ money is money you can use right now
- extra money paid regularly on a loan
- economic ____ is the increasing production of goods & services over time
20 Clues: loan used by businesses • loan used by individuals • borrowed money from a bank • when you owe money to a bank • calculated plan for spending • a ____ card uses your future money • a ____ card uses your current money • extra money paid regularly on a loan • US Dollars are an example of ___ money • economic ____ is what is considered fair • ...
Economics Puzzle 2023-05-09
Across
- How quickly a task is done
- Money paid out to stockholders
- Legal responsibility
- One who takes the risks and starts something new
- Inefficient use of resources
- Liquid assets
- Product or service not necessary to live
- When demand exceeds supply
- Study of use and production of materials
- An item that can be bought
Down
- Product or service necessary to live
- Corporation made up of several independent businesses
- Business organization owned by the individuals
- Issued by corporations to make money
- An organized cease to work
- Business owned by stockholders
- Employees
- When parties meet with an impartial individual
- Natural resources used to produce goods and services
- Fees a franchise has to pay to corporate
- Hiring outside the company
- Business structure with two or more people agreeing on profit and production
- An action that can be bought
- Certificate of ownership in corporation
- Money or other valuables
25 Clues: Employees • Liquid assets • Legal responsibility • Money or other valuables • How quickly a task is done • An organized cease to work • Hiring outside the company • When demand exceeds supply • An item that can be bought • Inefficient use of resources • An action that can be bought • Money paid out to stockholders • Business owned by stockholders • Product or service necessary to live • ...
Economics Review 2023-03-03
Across
- the most desirable alternative given up as the result of a decision
- a business owned by stockholders who share in its profits but are not personally responsible for its debts
- land, labor, capital, entrepreneurship
- quantity supplied is greater that quantity demanded
- limited quantities of resources to meet unlimited wants
- a market in which there are many buyers but only one seller
- the quantity of a good or service that consumers are willing and able to buy
- a tax on imported goods
- quantity demanded is greater than quantity supplied
- official money used by a government
- a legal maximum on the price at which a good can be sold
- a limit placed on the quantities of a product that can be imported
- the quantity of something that producers have available for sale
- a legal minimum on the price at which a good can be sold
Down
- a business owned and controlled by one person
- a few seller sale similar products
- the quantity of money available in the economy
- two or more good that satisfy a similar need
- an official ban on trade or other commercial activity with a particular country
- government policy that attempts to manage the economy by controlling the money supply and thus interest rates
- a business in which two or more persons combine their assets and skills
- the central banking system of the United States
- quantity supplied equals quantity demand
- the additional benefit to a consumer from consuming one more unit of a good or service
- a state in which opposing forces or influences are balanced.
25 Clues: a tax on imported goods • a few seller sale similar products • official money used by a government • land, labor, capital, entrepreneurship • quantity supplied equals quantity demand • two or more good that satisfy a similar need • a business owned and controlled by one person • the quantity of money available in the economy • ...
Economics Crossword 2023-02-23
Across
- A type of incentive where you Gain positive attention from others
- Synonym for restricted; there is not an abundance of
- A type of incentive that you personally are doing the ‘right’ thing
- Motivation or drive for someone to do something
- People who start their own business
- The skills one possesses that open more opportunities
- Based on emotion and feelings
- One more or less of an option
- People use this to increase their human capital
- Any arrangement that brings buyers and sellers together to do business with each other.
Down
- The satisfaction or pleasure one gains from consuming a product or service
- The alternative choice
- A choice that one makes
- A type of incentive When you get something in return for doing something else
- A lack of something that is desired
- The rational process of cost vs benefit
- Limited goods and services
- Anything used to produce an economic good or a service
- Objects that can be purchased
- Producing goods and services in exchange for wages
20 Clues: The alternative choice • A choice that one makes • Limited goods and services • Based on emotion and feelings • One more or less of an option • Objects that can be purchased • People who start their own business • A lack of something that is desired • The rational process of cost vs benefit • Motivation or drive for someone to do something • ...
Economics Crossword 2023-03-02
Across
- A measure of how responsive producers are to price changes in the marketplace
- The additional cost of producing one more unit of their product
- Adding fixed and variable costs together
- schedule table that shows how much of a good or service all producers in a market are willing and able to offer for sale
- The application of scientific methods and discoveries to the production process
- The willingness and ability of producers to offer goods and services for sale.
- Expenses that the owner of a business must incur whether they produce nothing, a little, or a lot
- Graph that shows how much of a good or service an individual producer is willing and able to offer for sale at each price.
- Business costs that vary as the level of production output changes
- An increase or decrease in the amount producers offer for sale because of a change in price
- Having each worker focus on a particular facet of production
- Change in total product that results from hiring one more worker
- Data from the market supply schedule
- Each new worker causes total output to grow but at a decreasing rate
Down
- Level of production where it realizes the greatest amount of profit
- A set of rules or laws designed to control business behavior
- A tax on the making or selling of certain goods or services
- Table that shows how much of a good or service an individual producer is willing and able to offer
- The added revenue per unit of output; money made from each additional unit sold
- Occurs when something prompts producers to offer different amounts for sale at every price
- The price of the resources needed to produce a good or service
- Producers are willing to sell more of a good or service at a higher price than at a lower price.
- The amount of goods and services that a person can produce in a given time
- Each new worker adds more to total output than the last
- The income a business receives from selling a product
25 Clues: Data from the market supply schedule • Adding fixed and variable costs together • The income a business receives from selling a product • Each new worker adds more to total output than the last • A tax on the making or selling of certain goods or services • A set of rules or laws designed to control business behavior • ...
Economics Vocabulary 2023-05-30
Across
- any form of money that is in public circulation
- opposing or restraining a trust or a monopoly, in order to promote competition
- Central Bank of the United States; controls interest rates on loans and controls the money supply, affecting inflation
- Consumers determine through purchases what goods and services will be produced
- worldwide markets in which buying and selling of goods & services by individuals, nations, and businesses takes place
- The amount of a good or service that consumers are willing and able to buy at a certain price
- to control, direct, or supervise
- Things that motivate people to act a certain way
- What is given up when a choice is made
- earnings after all expenses have been paid
- To hire somebody to work in exchange for money
- Selecting an item or action from a set of possible alternatives
- The amount of goods or services that producers are willing and able to sell at a certain price
Down
- Help facilitate an exchange of money between savers and borrowers.
- Places where the prices of goods and services are determined as exchange takes place
- A form of business organization that is recognized by law as a legal entity regardless of the number of owners. Owners share the profits and owner liability is limited to the amount of their investment
- How resources, goods, services, and money flow continuously among households, businesses, and the government in a mixed economy
- The using of goods and services.
- Business owned and managed by 2 or more people who share the risks and the profits
- Form of business organization where 1 owner takes all the risks and keeps all the profits
- The amount of money exchanged for a good or service
- Factors of production that are used in the production of goods and services
- a situation in which 1 company controls an industry or is the only provider of a good or service
- The inability to satisfy all wants and needs at the same time
- A person who takes a risk to produce goods and services in search of a profit
- The combining of human, natural, capital, and entrepreneurship resources to make goods or provide services.
26 Clues: The using of goods and services. • to control, direct, or supervise • What is given up when a choice is made • earnings after all expenses have been paid • To hire somebody to work in exchange for money • any form of money that is in public circulation • Things that motivate people to act a certain way • The amount of money exchanged for a good or service • ...
Global Economics 2023-05-22
Across
- A law imposed on the goods and services imported from another country
- A country with a high level of economic growth, industrialization, and a higher standard of living
- Companies that produce finished goods using raw materials
- All the man-made objects like tools, machinery, buildings, equipment, and chemicals needed for production
- A country with less economic development, agriculture based economy, high level of unemployment
- A government order that restricts or prohibits trade
- Economic and political System in which trade and industry are controlled by private owners for profit
- Companies in sales and service industry including retail, restaurants, tourism, banking, health care, transportation, and law
- Resources, materials, and goods a country produces and sells to another country
- Economic sector that extract and harvest natural products from the earth
- The ability to combine the other three factors of production to produce and deliver a product or service
Down
- Where a farm, factory, or company is located as well as natural resources needed for a product
- The study of behavior of small economics units like businesses and individuals
- An industry or commodity that's dominated by one corporation that manipulates prices
- The state in which market supply and demand equal each other resulting in price stability
- A limit placed on the distribution of resources in high demand but in short supply
- The study of the big economic picture through various economic indicators
- Resources, materials, and goods a country buys form another country
- The work done by people to produce a product
- Economic and political theory promoting collective or government ownership
- Intellectual activities often associated with technological innovation, education, media, libraries, government, scientific research
21 Clues: The work done by people to produce a product • A government order that restricts or prohibits trade • Companies that produce finished goods using raw materials • Resources, materials, and goods a country buys form another country • A law imposed on the goods and services imported from another country • ...
Economics Crossword 2023-05-31
Across
- policy enacted by the government
- unemployment caused by people getting laid off
- health of the economy is measured in GDP ___
- when government spending exceeds tax revenues
- increased strength of currency compared to other currencies
- measures price levels in economy: GDP ___
- sustained decline in economic activity
- 1/reserve ratio
- sustained rise in prices in the economy
- improvement in economic activity
- productive equipment
- policy enacted by the fed
- government spending is less than tax revenues
- output per unit of input
- IOUs that the government issues when it borrows money
- decreased strength of currency compared to other currencies
- inflation caused by an increase in demand
Down
- economic system where supply and demand determine prices
- an increase in interest rates when the government borrows money
- unemployed because the person is between jobs
- conflict caused by limited resources and unlimited wants
- the cost of borrowing money
- coins and paper money
- money the banks have to set aside and not loan out
- inflation caused by increased resource prices
- an economy with foreign trade
- land,____, capital,entrepreneurship
- when an economy experiences inflation and recession simultaneously
- C+Ig+G+Xn
- where demand and supply prices meet
- unemployed because of a mismatch of skills
31 Clues: C+Ig+G+Xn • 1/reserve ratio • productive equipment • coins and paper money • output per unit of input • policy enacted by the fed • the cost of borrowing money • an economy with foreign trade • policy enacted by the government • improvement in economic activity • land,____, capital,entrepreneurship • where demand and supply prices meet • sustained decline in economic activity • ...
economics crossword 2023-05-31
Across
- price of living cost based on changes in retail prices
- the ________ confirms the individuals position at the fed
- where buyers and sellers exchange equity
- an act that someone is willing to pay for
- total value of goods and services produced by a country's economy
- a product ready for sale
- a system that gives people money who have low or no income that you can be eligible for when you're in your 60s
- anything found on earth
- the highest price
- people who are willing to work
- advocates for shielding a country's domestic industries
- any one 16 and above who are trying to find a job but can't
Down
- A decline in production and employment
- someone who starts a business
- prices rising at an extremely high rate
- lowest legal price for something
- the government spends more than it makes
- the government makes more than it spends
- reserve sets monetary policy for the economy to thrive
- high inflation and economic stagnation
- tools used to make other goods
- the branch in charge of deciding to print money
- prices going up at a high rate
- any physical product that people are willing to buy
- the ______ nominates members to the fed
25 Clues: the highest price • anything found on earth • a product ready for sale • someone who starts a business • tools used to make other goods • prices going up at a high rate • people who are willing to work • lowest legal price for something • A decline in production and employment • high inflation and economic stagnation • prices rising at an extremely high rate • ...
Economics Crossword 2023-05-19
Across
- subjective desires
- output over a period of time
- primary medium of exchange
- glut
- opposite of complement
- study of economy-wide issues
- import limit
- direct exchange
- terms of a trade
- treating goods with care
- market economy
- unbacked money
- ...is theft
- more money to money supply
Down
- action that has a goal
- stable situation
- means of production owned by government
- glut of labor
- division of labor
- problem of shirking under socialism
- rivalry of entrepreneurs
- body production
- import tax
- private property still exists (*wink wink)
24 Clues: glut • import tax • ...is theft • import limit • glut of labor • market economy • unbacked money • direct exchange • body production • stable situation • terms of a trade • division of labor • subjective desires • action that has a goal • opposite of complement • rivalry of entrepreneurs • treating goods with care • primary medium of exchange • more money to money supply • output over a period of time • ...