environmental economics Crossword Puzzles
Micro-Economics 2021-01-23
Across
- The raw materials and other factors of
- The selection of appropriate alternatives
- A measure of the satisfaction received from consumption of goods and services
- where or when buyers and sellers meet to trade or exchange products
- perfect balance in supply and demand
- the quantity and quality of human resources
- A situation in the allocation of resources where the benefits of consuming one more unit is exactly equal to the costs or producing that good
- Preferences for goods and services over and above human needs
- the output of goods and services
- Unlimited wants and needs but limited resources
- The fee that borrowers pay to lenders for the use of their funds
- that enter the production process
Down
- The Value of the next best choice
- The study of how a given society allocates scarce resources to meet the unlimited wants and need of its individuals
- Goods and services essential for human survival
- The rate of increase in prices over a given period of time
- paper bills and coins in the hands of the public
- A good where quantity demanded increases when consumer income increases
- A measure of the responsiveness of one variable to changes in another variable
- A market condition where the quantity demanded of a particular good or service exceed the quantity available
- someone who bears the risks of the business and who organises production
- Goods or services used to produce other goods
- the calculation involved in deciding on whether to give up one good for another
- An economic agent that desires to purchase goods and services with the goal of maximizing the satisfaction from consumption of those goods and services
24 Clues: the output of goods and services • The Value of the next best choice • that enter the production process • perfect balance in supply and demand • The raw materials and other factors of • The selection of appropriate alternatives • the quantity and quality of human resources • Goods or services used to produce other goods • Goods and services essential for human survival • ...
Economics Terms 2021-01-21
Across
- the basic materials that people cannot live without
- A company that is the only one producing a good or providing a service
- someone who owns shares in a corporation
- someone who provides goods or services
- shares of ownership in a corporation
- producers will produce more when they can sell at higher prices
- human effort, skills and abilities used to produce goods and services
- money remaining after all expenses have been paid
- A type of business that is recognized as a separate legal entity from the people who own it
- type of economy in which the government makes all the decisions
- type of economy in which people may grow their own food and make their own goods
- a small business owned by one person
- social science which studies the production, distribution and consumption of goods and services
- person who creates and assumes the risk of establishing a business
- type of economy in which people have the freedom to obtain goods and services however they choose
- corporate profits paid to people who own stock
Down
- licensed financial institutions that buy and sell securities
- things that are not necessary for survival but they have value to consumers
- licensed professional who buys and sells securities
- work provided for others as an occupation or business
- lack of a particular resource
- items found in nature used to produce goods and services
- manufactured goods used to produce more goods and services
- Business in which two or more people share in the responsibilities, costs, profits and losses
- a loan made by an investor, typically a corporation or the government
- someone who purchases goods and services
- A group that provides goods or services without seeking a profit
- buyers will want more when they can buy at lower prices
- items that satisfy human wants and needs
29 Clues: lack of a particular resource • shares of ownership in a corporation • a small business owned by one person • someone who provides goods or services • someone who owns shares in a corporation • someone who purchases goods and services • items that satisfy human wants and needs • corporate profits paid to people who own stock • ...
Economics Vocabulary 2020-12-07
Across
- to use money to earn interest or income
- economic system in which individuals control the production and distribution of goods and services
- when expenses exceed income
- a good that is brought into one country from another
- someone who buys and uses goods or services
- a situation where sellers of similar goods and services each try to get consumers to buy their product
- Both command and market; governments makes decision
- the money a person pays to borrow money
- a plan of how much money a person, business or government is able to spend and how it will be spent
- a good that is sent from one country to another
Down
- the people or businesses that provides goods and services is called
- when something is both desirable and limited
- intangible items that can be bought and sold
- Studies the behavior of individuals within economy
- money bought in buy a business
- tangible items that can be bought and sold
- money received on regular basis for work and investment
- money that a government collects from people and businesses
- money loaned, usually for a fee, that must be paid back
- Individual producers and consumers determine what and how things are made
- A certain amount of product out of a given input
- A certain amount of input to get a given product
- money a business makes after paying expenses
23 Clues: when expenses exceed income • money bought in buy a business • to use money to earn interest or income • the money a person pays to borrow money • tangible items that can be bought and sold • someone who buys and uses goods or services • when something is both desirable and limited • intangible items that can be bought and sold • ...
Economics 5 2020-10-28
Across
- More products more money
- More demand the higher the price
- To get a product need pay
- Schedule
- When price changes it affects demand
- Income in products
- Support
- Increase
- Product to substitute another need it
- Demand
- Manufacturing
- Ability
- Market demand schedule
- output
- Resources
Down
- Additional product
- data on product demand
- When 2 products increase demand one after another
- Products not needed because there’s more mouthy income
- The income help decided brand and product
- Taxes
- Products to substitute
- Lower prices more consumers
- Laws
- The cost of workers
25 Clues: Laws • Taxes • Demand • output • Support • Ability • Schedule • Increase • Resources • Manufacturing • Additional product • Income in products • The cost of workers • data on product demand • Products to substitute • Market demand schedule • More products more money • To get a product need pay • Lower prices more consumers • More demand the higher the price • When price changes it affects demand • ...
Economics Crossword 2020-10-20
Across
- tangible commodity
- the study the production and distribution of goods and service
- the ability to produce vast amounts of goods (economic products) in an efficient manner
- Durable Goods, Any item that lasts less than 3 years when used on a regular basis
- the fundamental economic problem facing ALL societies
- An assignment of worth
- people who use these goods and services
- products, goods and services that are useful, relatively scarce and transferable
- Goods, Any good that lasts more than three years when used on a regular basis
- Simply the desires of citizens
Down
- the work force
- Goods, Goods that are intended for final use by the consumer
- Work that is performed for someone
- Consumption, Use of a good or service to impress others
- These are basic requirements for survival like food and water and shelter
- capacity to be useful
- Products, Air, sunshine are and other items so plentiful no one could own them
- Cost, the cost of an economic decision
- the sum collection of those economic products that are tangible, scarce and useful
- Goods, Items used in the creation of other goods. factory machinery, trucks, etc
20 Clues: the work force • tangible commodity • capacity to be useful • An assignment of worth • Simply the desires of citizens • Work that is performed for someone • Cost, the cost of an economic decision • people who use these goods and services • the fundamental economic problem facing ALL societies • Consumption, Use of a good or service to impress others • ...
Economics Revision 2020-03-02
Across
- where two or more companies, organisations etc join together to form a larger company etc.
- where the actions of one large firm in an oligopolistic market will have a direct effect on others.
- are legal license that gives rights to company to manufactured a good or service under their names, other companies must pay royalties to the original designer for their use
- a situation where there is one dominant seller in a market.
- where one firm in the industry reduces price causing others to do the same.
- a communications company and is the only internet provider in Burkina Faso, a small country in West Africa.
- the commercial exploitation of a new invention.
- the only supplier of a unique product
- the rivalry that exists between firms when trying to sell goods in a particular market.
Down
- where a dominant business is able to set the price charged in the whole market.
- firms try to persuade consumers that their product is different from those of rivals
- a situation that occurs when one firm in an industry can serve the entire market at a lower cost than would be possible if the industry were composed of many smaller firms.
- a smaller market, usually within a large market or industry.
- where a group of firms or countries join together and agree on pricing or output levels in the market.
- the act of getting control of a company by buying over 50 per cent of its shares.
- Which of the following is a barrier to entry? A Diseconomies of scale B High start-up costs C Low labour productivity D Inflation
- the dominant firms in the industry set up agreements to restrict competition
- A market that is dominated by a few very large producers
- It is also argued that firms in competitive markets are more _______.
- The main disadvantage to a firm operating in a competitive market is that the amount of ______ made will be limited
20 Clues: the only supplier of a unique product • the commercial exploitation of a new invention. • A market that is dominated by a few very large producers • a situation where there is one dominant seller in a market. • a smaller market, usually within a large market or industry. • It is also argued that firms in competitive markets are more _______. • ...
Economics Glossary 2020-04-28
Across
- market Place where factors of production are bought and sold.
- All human effort, both physical and intellectual
- Where actions by one party have impacts on another, particularly economically.
- Money paid at a particular rate for the money lent
- Payment per year for labour
- Income flows which are added to the Circular Flow of Income model (investment, govt. spending, exports)
- Financial assistance given to people by the Government
- Institution which handles money for households and firms
- Goods and services bought from overseas
- Purchase of new capital
- Cost The cost of the next-best alternative opportunity
- Action of only doing one part of the process
- National Company A company that operates in many countries with independent headquarters in each.(McDonalds)
- That part of earnings not spent
- Organization with authority to make decisions for the population
- market Place where goods and services are bought and sold (Coles, Seek.com, Fremantle markets) Same as Market
- Used to pay for goods and services
- Compulsory government levy
- An economy where people produce only enough goods and services for their own family
- chain Complex group of firms in many countries each producing a component of a final product.
- Situation where demand is greater than supply
- Payment earned by entrepreneurs
Down
- Final users of goods and services to satisfy their needs and wants
- A system which allows private ownership of the factors of production
- Payment per hour for labour
- Equipment used to make goods and services
- Basic necessities for life
- Income flows that are removed from the Circular Flow model. (savings, tax, imports)
- Basic units used to make goods and services
- All resources provided by nature
- Ability to combine all resources to make something (plan, recipe, system etc)
- The study of how people use scarce resources to satisfy needs and wants
- A system where factors of production are owned by the government
- Organisations that make goods and services
- National Company A company which operates in several countries with its headquarters in the parent country. (Apple)
- An organization that sells goods
- Goods and services sold overseas
- of production Raw materials used to make goods and services (land, labour, capital & enterprise)
- Reward for the use of resources
- Physical items used by consumer and services for a profit
- Goods and services which we desire but don’t need
- Payment for use of land
- A system where all factors of production, distribution and consumption of goods and services are controlled by the government
- Actions done for consumers by producers
- Place where goods and services are bought and sold.
45 Clues: Purchase of new capital • Payment for use of land • Basic necessities for life • Compulsory government levy • Payment per hour for labour • Payment per year for labour • That part of earnings not spent • Reward for the use of resources • Payment earned by entrepreneurs • All resources provided by nature • An organization that sells goods • Goods and services sold overseas • ...
Economics Glossary 2020-04-28
Across
- market Place where factors of production are bought and sold.
- Organization with authority to make decisions for the population
- All resources provided by nature
- National Company A company which operates in several countries with its headquarters in the parent country. (Apple)
- The study of how people use scarce resources to satisfy needs and wants
- Compulsory government levy
- Institution which handles money for households and firms
- Reward for the use of resources
- Place where goods and services are bought and sold.
- Action of only doing one part of the process
- Goods and services which we desire but don’t need
- Income flows that are removed from the Circular Flow model. (savings, tax, imports)
- All human effort, both physical and intellectual
- Financial assistance given to people by the Government
- Payment earned by entrepreneurs
- An economy where people produce only enough goods and services for their own family
- An organization that sells goods
- Actions done for consumers by producers
- Ability to combine all resources to make something (plan, recipe, system etc)
- Payment per hour for labour
- Income flows which are added to the Circular Flow of Income model (investment, govt. spending, exports)
- Where actions by one party have impacts on another, particularly economically.
- Situation where demand is greater than supply
- Final users of goods and services to satisfy their needs and wants
- Cost The cost of the next-best alternative opportunity
Down
- A system where all factors of production, distribution and consumption of goods and services are controlled by the government
- Organisations that make goods and services
- A system where factors of production are owned by the government
- Goods and services sold overseas
- chain Complex group of firms in many countries each producing a component of a final product.
- Goods and services bought from overseas
- Payment for use of land
- Equipment used to make goods and services
- Money paid at a particular rate for the money lent
- Payment per year for labour
- National Company A company that operates in many countries with independent headquarters in each.(McDonalds)
- That part of earnings not spent
- of production Raw materials used to make goods and services (land, labour, capital & enterprise)
- Used to pay for goods and services
- Basic units used to make goods and services
- Basic necessities for life
- Physical items used by consumer and services for a profit
- A system which allows private ownership of the factors of production
- Purchase of new capital
- market Place where goods and services are bought and sold (Coles, Seek.com, Fremantle markets) Same as Market
45 Clues: Payment for use of land • Purchase of new capital • Compulsory government levy • Basic necessities for life • Payment per year for labour • Payment per hour for labour • Reward for the use of resources • That part of earnings not spent • Payment earned by entrepreneurs • All resources provided by nature • Goods and services sold overseas • An organization that sells goods • ...
Economics - Inflation 2020-06-16
Across
- C+I+G+NX equals to this
- putting your money into ______ isn't as good during inflation
- a general increase in prices and fall in the purchasing value of money.
- fixed income earners get impacted _____ during inflation
- a period of extremely high inflation
- the business cycle has this many phases
- the RBNZ controls these to lessen inflation issues
- man-made goods used to produce other goods and services
- this is a policy that central banks use to change interest rates for controlling velocity of money
Down
- The amount of goods and services which can be purchased by a person's income
- a demand for increased wages causes a left shift in ______
- when you buy goods or services now as you expect it's price to increase later
- when an individual is specially trained in one specific area to increase productivity
- Increased Govt. spending has a ______ impact on Aggregate Supply
- in the business cycle when Consumption is falling & investment is falling
- this is a policy when the govt controls taxes to try to control velocity of money
- It states that in the equation MxV = PxY, both V and Y remain relatively constant
- purchases of capital equipment
- this increases during a recovery phase as well as consumption
- an index of the variation in prices for retail goods and other items.
- during inflation, workers in firms may be _____ ___
21 Clues: C+I+G+NX equals to this • purchases of capital equipment • a period of extremely high inflation • the business cycle has this many phases • the RBNZ controls these to lessen inflation issues • during inflation, workers in firms may be _____ ___ • man-made goods used to produce other goods and services • fixed income earners get impacted _____ during inflation • ...
Economics Puzzle 2020-09-14
Across
- land labor and capital resources
- inequality exists
- combines economic resources
- positive rewards
- human resources
- skills to operate a business
- study of economy as a whole
- losses
- highest value alternative
Down
- getting a product to consumers
- completes the want satisfaction chain
- gains
- extra costs
- fines or punishment
- natural resources
- allows exchanges
- used to produce final goods
- exchanging something for something else
- social science involves people
- total sales greater than total costs
- study of individual consumers
21 Clues: gains • losses • extra costs • human resources • allows exchanges • positive rewards • inequality exists • natural resources • fines or punishment • highest value alternative • used to produce final goods • combines economic resources • study of economy as a whole • skills to operate a business • study of individual consumers • getting a product to consumers • social science involves people • ...
Economics crossword 2021-03-24
Across
- any situation where making one choice means losing something else
- an economy's ability to produce goods or services at lower opportunity cost than competitors
- he mandated maximum amount a seller is allowed to charge for a product or service.
- someone that acquires goods or services for direct use or ownership
- a situation in which demand for a product or service exceeds the available supply.
- something that motivates a group or individual to do something.
- a government-imposed trade restriction that limits the number or monetary value of goods that a country can import or export.
- the amount of physical, mental, and social effort used to produce goods and services in an economy.
- the lack of resources to be used to fulfill wants and needs or the gap between what one has and what one wants.
- the amount of want or need there is for a specific product to be available for purchase
- the price at which supply equals demand for a product
- is the spread of products, technology, information, and jobs across national borders and cultures.
- someone who creates and supplies goods or services.
Down
- an economic system based on supply and demand with little or no government control and consumers have free will when buying
- the human-created assets that can enhance one's power to perform economically useful work
- the natural resources in production especially the space on which the factory is built.
- the curve that shows the maximum use of resources to produce various combinations of products (use first letter of each word)
- the potential benefits an individual, investor, or business misses out on when choosing one alternative over another.
- the study of how people try to satisfy unlimited wants and needs with limited resources
- the inputs needed for the creation of goods or services
- a method of production whereby an entity focuses on the production of a limited scope of goods to gain a greater degree of effectiveness
- A surplus describes the amount of an asset or resource that exceeds the portion that's actively utilized.
- a tax imposed by one country on goods and services imported from another country.
- governments impose absolutely no tariffs, taxes, or duties on imports, or quotas on exports.
- when a producer can produce a good or service in greater quantity for the same cost or lower than competitors
- the law that states that, the higher the price of something is, the lower the demand will be
- the law that states that, as the price of something goes up, the number of sources offering that thing will also go up.
- An embargo is when a government refuses to trade with a country or a certain part of a country.
- a fundamental economic concept that describes the total amount of a specific good or service that is available to consumers.
- the lowest amount at which a good or service may be sold and still function within the traditional supply and demand model.
30 Clues: someone who creates and supplies goods or services. • the price at which supply equals demand for a product • the inputs needed for the creation of goods or services • something that motivates a group or individual to do something. • any situation where making one choice means losing something else • ...
Economics Vocabulary 2022-03-22
Across
- a medium of exchange for goods and services.
- the wealth and resources of a country or region, especially in terms of the production and consumption of goods and services.
- a scenario where different economic firms are in contention to obtain goods that are limited by varying the elements of the marketing mix: price, product, promotion and place.
- any benefit that we can quantify in terms of the money that it generates.
- a consumer's desire to purchase goods and services and willingness to pay a price for a specific good or service.
- an estimation of revenue and expenses over a specified future period of time and is utilized by governments, businesses, and individuals.
- the money that a person has left over after they subtract out their consumer spending from their disposable income over a given time period.
- a good or service that has a benefit (utility) to society.
- the amount of money that has been issued by monetary authorities minus currency that has been removed from an economy.
- a service or other asset used to produce goods and services that meet human needs and wants.
- the way for companies to account for changes in the value of a given asset in the market.
- common usage, the monetary value of goods and services that producers and consumers purchase.
Down
- a strategic discussion that resolves an issue in a way that both parties find acceptable.
- any agreement where one party borrows money from a second party with the promise to pay the amount back with interest.
- a gift of cash or property made to a nonprofit organization to help it accomplish its goals, for which the donor receives nothing of value in return.
- All those man-made goods which are used in further production of wealth.
- a good or service bought in one country that was produced in another.
- mandatory contributions levied on individuals or corporations by a government entity
- a cashless economic system in which services and goods are traded at negotiated rates.
- a measure of the rate of rising prices of goods and services in an economy.
- the disbursement of assets from a fund, account, or individual security to an investor.
- used by corporations and governments to issue debt.
- a condition where the quantity demanded is greater than the quantity supplied at the market price.
- a field of applied economics that studies the financial, organizational, market-related, and environmental issues faced by corporations.
- an economic system where two forces, known as supply and demand, direct the production of goods and services.
- movable goods produced within the boundaries of one country, which are traded with another country.
- an increase in the production of economic goods and services, compared from one period of time to another.
- a security that represents the ownership of a fraction of a corporation.
28 Clues: a medium of exchange for goods and services. • used by corporations and governments to issue debt. • a good or service that has a benefit (utility) to society. • a good or service bought in one country that was produced in another. • All those man-made goods which are used in further production of wealth. • ...
Economics Review 2021-12-13
Across
- a continued rise in prices or the supply of money
- Thing you give up by making a choice is ____ cost
- ownership by an individual or business is ____ property
- Economic system where trade is controlled by people, not by federal businesses.
- a period of slow economic growth or decline
- Work at just one particular kind of job or produce one particular kind of thing
- A person who makes and sells goods and services is ________
- Who was the first steel tycoon in history?
- the wants and needs of material things in society are ___
- Land, labor, entrepreneurship, and ____ are the factors of production
- Who was the first railroad tycoon in history?
Down
- A system that requires absolute obedience to one leader is an ______ system
- Producing maximum output with minimum input, or cost
- To change from private ownership to government ownership.
- The money a business has left after it has paid all its costs
- Something making you want to choose a certain way
- Work that one person does for another, for payment
- Graph that shows amounts of two products that can me made with given amount of resources is a production _________ curve
- only one company makes a product and they control the prices
- an organization of workers who strive for improvements in the workplace is a labor ________
20 Clues: Who was the first steel tycoon in history? • a period of slow economic growth or decline • Who was the first railroad tycoon in history? • a continued rise in prices or the supply of money • Thing you give up by making a choice is ____ cost • Something making you want to choose a certain way • Work that one person does for another, for payment • ...
Economics crossword 2022-02-14
Across
- Person who takes a risk to open a business
- Tools needed for making things
- The work that someone does
- A person who needs to hire someone
- Tax that is charged on $ earned from working
- A business that makes a product
- Looking for items that are similar
- Limited amt of $ that someone earns for work
- My checking account earn 1%____per quarter
Down
- A tax on goods that you buy
- A plan on how to spend money
- I am an ___ at Walmart
- The study of how we use money
- Money that you have to pay back
- When a product is easy to find
- I have no money in my ___ to pay bills
- A person who buys a product
- Something that can be used in a business
- Rivalry between two or more companies
- Money that goes to the government
20 Clues: I am an ___ at Walmart • The work that someone does • A tax on goods that you buy • A person who buys a product • A plan on how to spend money • The study of how we use money • Tools needed for making things • When a product is easy to find • Money that you have to pay back • A business that makes a product • Money that goes to the government • A person who needs to hire someone • ...
Economics Crosswords 2021-06-08
Across
- consumers will buy more of a product at lower prices and less at higher prices
- an increase in prices in general
- The sale of manufacture or sale of selected items
- A tax placed on imports to increase there price in the domestic market
- Something required for survival
- Actions by Congress to increase or decrease aggregate demand to fight inflation, recession, or stagflation.
- An inflation rate of 4% a year or less
- a change in price causes only a little change in quantity demanded
- The annual plan outlining proposed revenues and expenses for the upcoming year
- amount of a product offered for sale at all available prices.
- The fed has the power to increase or decrease the “money supply”
- the goods or merchandise kept on the premises of a business or warehouse and available for sale or distribution
- Shrink in the economy
- traits and qualities that build to create someone
Down
- off An alternative available whenever a choice is made
- a ratio for valuing a company that measures its current share price relative to its per-share earnings
- something pledged as security for repayment of a loan, to be forfeited in the event of a default.
- Something you would like to have but inst required for survival
- a diagram representing the maximum amount of goods and/or services an economy can produce when all productive resources are fully employed.
- GDP increasing we’re making more goods and services, not less
- a change in price causes a big change in quantity demanded
- desire, ability, and willingness to buy a product
- The value of the next best alternative
- is how many dollars worth of goods and services are made in a country over time
- the protection or promotion of the interests of consumers.
25 Clues: Shrink in the economy • Something required for survival • an increase in prices in general • The value of the next best alternative • An inflation rate of 4% a year or less • The sale of manufacture or sale of selected items • desire, ability, and willingness to buy a product • traits and qualities that build to create someone • ...
Economics Terminology 2022-04-20
Across
- Growth policies aiming at expansion of export revenues as the vehicle of economic growth;
- Lower quality goods for which higher quality
- When the average price level continues to rise but at a slower rate so that the rate of inflation is positive but lower.
- Income not spent on domestic goods and
- Where two or more countries share the same
- services.
- Occurs when real GDP falls for at least two
- Aid given to alleviate short-term suffering, consisting of food aid, medical aid, and
- who lack access to traditional
- contrasted to import substitution. (2 words)
- Technology that relies mostly on the relatively abundant factor an economy is endowed with (2 words)
- It includes savings, taxes and import
- When government expenditures exceed
- tools, equipment and factories.
- The difference between how much a consumer is at most willing to pay for a good and how
Down
- Spending by firms on capital goods such as
- (3 words)
- usually over a period of a year. (2 words)
- Refers to the repayment of principal and interest on the debt of a person, a firm or a country. (2 words)
- A decrease in the value of a currency in a fixed exchange rate system.
- Interest rates that have been adjusted for
- exist; if incomes rise, demand for the
- relief aid usually as a result of a natural catastrophe or war. (2 words)
- quality goods decreases. (2 words)
- and have a common central bank. (2 words)
- quarters.
- The provision of small loans to poor
- Goods that are jointly consumed, for example,coffee and sugar.
- they actually pay. (2 words)
29 Clues: (3 words) • services. • quarters. • they actually pay. (2 words) • who lack access to traditional • tools, equipment and factories. • quality goods decreases. (2 words) • When government expenditures exceed • The provision of small loans to poor • It includes savings, taxes and import • Income not spent on domestic goods and • exist; if incomes rise, demand for the • ...
Economics Terminology 2022-04-20
Across
- The difference between how much a consumer is at most willing to pay for a good and how
- equipment and factories.
- Growth policies aiming at expansion of export revenues as the vehicle of economic growth;
- relief aid usually as a result of a natural catastrophe or war. (2 words)
- Goods that are jointly consumed, for example,coffee and sugar.
- they actually pay. (2 words)
- Income not spent on domestic goods and services.
- When the average price level continues to rise but at a slower rate so that the rate of inflation is positive but lower.
- Interest rates that have been adjusted for inflation.(3 words)
- Where two or more countries share the same
Down
- contrasted to import substitution. (2 words)
- The provision of small loans to poor
- Aid given to alleviate short-term suffering, consisting of food aid, medical aid, and
- Lower quality goods for which higher quality substitutes exist; if incomes rise, demand for the lower quality goods decreases. (2 words)
- usually over a period of a year. (2 words)
- and have a common central bank. (2 words)
- who lack access to traditional banking services.
- A decrease in the value of a currency in a fixed exchange rate system.
- Technology that relies mostly on the relatively abundant factor an economy is endowed with (2 words)
- quarters.
- When government expenditures exceed
- Occurs when real GDP falls for at least two
- Spending by firms on capital goods such as
- Refers to the repayment of principal and interest on the debt of a person, a firm or a country. (2 words)
24 Clues: quarters. • equipment and factories. • they actually pay. (2 words) • When government expenditures exceed • The provision of small loans to poor • and have a common central bank. (2 words) • Spending by firms on capital goods such as • Where two or more countries share the same • Occurs when real GDP falls for at least two • contrasted to import substitution. (2 words) • ...
Economics CH7 2017-05-04
Across
- portions of ownership of a firm
- a type of business that is owned collectively by its members
- sold by corporations to raise funds
- specifies areas where various types of business activities can be pursued
- actual amount of money borrowed from a bondholder
- a business owned and operated by two or more people
- the type of a partnership in which partners rarely take an active role in business decisions
- application for a license to form a corporation
- certificate issued by a corporation in exchange for money borrowed from an investor
Down
- the amount of time a business operates
- a license permitting the formation of a new corporation
- a major disadvantage to partnerships
- the type of partnership in which partners have equal decision making opportunities
- a business owned and operated by one person
- decision making body of a corporation
- anything of value thAt a borrower can give up if they are unable to pay a loan
- an enterprise that uses the original company's name to sell goods or services
- assigning duties to partners based on their skills
- occurs when one company joins with another
- responsibility for debt
20 Clues: responsibility for debt • portions of ownership of a firm • sold by corporations to raise funds • a major disadvantage to partnerships • decision making body of a corporation • the amount of time a business operates • occurs when one company joins with another • a business owned and operated by one person • application for a license to form a corporation • ...
Economics Crossword 2018-04-12
Across
- of payment accounts - the record of all economic transactions between the residents of the country and of the world in a particular period
- - political philosophy, movement, or regime that has very radical ideas and pushes to the extreme
- recourses- include both fixed assets, such as machinery, buildings and land, and current assets, such as inventory.
- is one of the three factors of production. The others are land, and labor.
- system- system that relies on customs and history
- resources - the resources used to make goods and services ex. natural resources, human resources and capital goods.
- sovereignty - the situation in an economy where the desires and needs of consumers control the output of producers.
- a political and economic theory of social organization that advocates that the means of production, distribution, and exchange should be owned or regulated by the community as a whole.
- A society in which all property is publicly owned and each person works and is paid according to their abilities and needs.
- - the general level of prices in an economy going down.
- the activity of setting up a business or businesses, taking on financial risks in the hope of profit
- for enterprise - The systems used within the organization. Generally refers to the primary architecture
- - a system of government by the whole population or all the eligible members of a state, typically through elected representatives.
- system- the means by which countries and governments distribute resources and trade goods and services.
- - an economic and political system in which a country's trade and industry are controlled by private owners for profit, rather than by the state.
- economy - an economic system combining private and public enterprise
- - patriotic feeling, principles, or efforts
- economy - Transactions in the underground economy are illegal either because the good or service being traded is illegal.
Down
- payments- payment made or income received in which no goods or services are being paid for, such as a benefit payment or subsidy.
- materials- the basic material from which a product is made.
- land- land belonging to the British Crown. Land belonging to the state in some parts of the Commonwealth.
- -a general increase in prices and fall in the purchasing value of money.
- enterprise- business or industry that is managed by independent companies or private individuals rather than by the state.
- debt - How much a country owes
- cashless economic system in which services and goods are traded at negotiated rates.
- especially hard physical work.
- –A country run by absolute authority in any sphere.
- capital- is used simply to purchase goods and services for consumption
- - the effectiveness of productive effort
- added- the amount by which the value of an article is increased at each stage of its production, exclusive of initial costs.
- resources- It includes patents, copyrights, franchises, goodwill, trademarks, trade names, the general interpretation also includes software
- economy - economic system in which economic decisions and the pricing of goods and services are guided solely by the aggregate interactions of a country's individual citizens and businesses.
- of production - is an economic term that describes the inputs that are used in the production of goods or services in order to make an economic profit.
- economy - an economy in which production, investment, prices, and incomes are determined centrally by a government.
- comprises all naturally occurring resources as well as geographic land. Examples include particular geographical locations, mineral deposits and forests
- capital- already-produced, durable goods or any non-financial asset that is used in production of goods or services
36 Clues: debt - How much a country owes • especially hard physical work. • - the effectiveness of productive effort • - patriotic feeling, principles, or efforts • system- system that relies on customs and history • –A country run by absolute authority in any sphere. • - the general level of prices in an economy going down. • ...
Economics Review 2018-04-24
Across
- Examples of ___ resources include machine operators and cooks
- People/companies which make and supply goods and services are ___
- The number of tacos Max has to sell at his taco truck
- this is when countries trade without any restrictions
- ___ Is a generally accepted form of money issued by a government
- Adidas, Nike, and Puma are __
- __ resources come from the earth such as oil
- Countries that have too much of one product ___ it.
- Michigan's main export includes automobiles, this is an example of __.
- This is an economic system in which the government decides everything from what's produced to wages.
- A trade restriction that prevents a country from trading with another.
- In this economic system business own most of the resources and determine what/how to produce, but there is minor government regulation
- A place where people buy and sell goods.
Down
- In an effort to restrict Foreign steel imports, trump has proposed a ____.
- Cuba is a small island that lacks many resources, therefore it __ many goods.
- The exchange of goods or services
- Cars, books, cheerios, & cell phones are all examples of ___
- ___ Is the exchanging of goods & services without using money
- People in this economic system do they what their ancestors did.
- ___ is when there are not enough goods or services to satisfy consumers
- __ Resources include items needed to provide goods and services such as mail truck
- Sally bought a McDonalds hamburger, she is a __.
- A Market economy provides people with the most __.
- This agreement between Mexico, Canada & the USA allow them to trade freely (acronym).
- Teachers, dentists, doctors all provide ___
- Trade ___ are reprimands, tailored to reform a country's behavior.
- If Iran begins to run out of oil the price of it will __.
- This trade restriction limits the number of products being imported
- If the cost for tacos double the ___ will decrease.
29 Clues: Adidas, Nike, and Puma are __ • The exchange of goods or services • A place where people buy and sell goods. • Teachers, dentists, doctors all provide ___ • __ resources come from the earth such as oil • Sally bought a McDonalds hamburger, she is a __. • A Market economy provides people with the most __. • Countries that have too much of one product ___ it. • ...
The Economics 2018-03-19
Across
- Commercial companies that are engaged in specific fields such as architecture, law, consultance, etc.
- Finance: A claim against the assets, or legal obligations of a person or organization, arising out of past or current transactions or actions.
- The classic organizational structure where the employees are grouped hierarchically, managed through clear lines of authority, and report ultimately to one top person.
- Arrangement where one party (the franchiser) grants another party (the franchisee) the right to use its trademark or trade-name as well as certain business systems and processes, to produce and market a good or service according to certain specifications
- Financial assets or the financial value of assets, such as funds held in deposit accounts, as well as the tangible machinery and production equipment used in environments such as factories and other manufacturing facilities
- incubator An organisation that exists to help startups and early-stage companies survive and succeed.
- finance Financing oneself or itself without external grants or aid
- The worldwide movement toward economic, financial, trade, and communications integration.
- A kind of LLC company whose shareholders must agree before any shares can be bought or sold.
- and acquisition Transactions in which the ownership of companies, other business organizations or their operating units are transferred or combined.
- Someone who have an idea for establishing the new business.
- Property owned by a person or company, regarded as having value and available to meet debts, commitments, or legacies.
Down
- Highest ranking officer in a firm's board of directors who presides over the board's meetings
- A company with stock that is more than 50% controlled by another company, which is usually referred to as the parent company or the holding company.
- LLC A company whose securities are traded on a stock exchange and can be bought and sold by anyone.
- Are owned by their stockholders (shareholders) who share in profits and losses generated through the firm's operations
- An individual, group, or organization that owns one or more shares in a company, and in whose name the share certificate is issued.
- The fundamental facilities and systems serving a country, city, or other area, including the services and facilities necessary for its economy to function
- stock A company or association consisting of individuals organized to conduct a business for gain and having a joint stock of capital represented by shares owned individually by the members and transferable without the consent of the group
- partner is the one who do not participate in the management of the company
- investor A wealthy individual who provides funding for a startup, often in exchange for an ownership stake in the company
- trader One person sets up and runs this kind of company
- This is any entity that engages in business
- Legal procedure for liquidating a business (or property owned by an individual) which cannot fully pay its debts out of its current assets
- financial officer A senior executive with responsibility for the financial affairs of a corporation or other institution.
- A startup is a young company that is just beginning to develop. Startups are usually small and initially financed and operated by a handful of founders or one individual.
- A group of people provide the capital, set up the company and manage it toghether.
- A structure in which there is more than one line of reporting managers. Effectively, it means that the employees of the organisation have more than one boss
- Person in the first-line management who monitors and regulates employees in their performance of assigned or delegated tasks
29 Clues: This is any entity that engages in business • trader One person sets up and runs this kind of company • Someone who have an idea for establishing the new business. • finance Financing oneself or itself without external grants or aid • partner is the one who do not participate in the management of the company • ...
Economics Review 2018-02-12
Across
- type of business organization with shareholders owning small pieces of business
- role of money that allows us to save up for purchases later
- market structure with several big companies controlling the market
- nation that produces most of a product
- role of money allowing comparisons
- GDP
- type of liability where you aren't held personally responsible
- act of businesses trying to get you to be their customer
- 1 of 3 basic economic questions related to which product a business should make
- nation with lowest opportunity cost
- type of business organization with only 1 owner
- curve that gives options for production
- increase in price levels
- condition that exist when unlimited wants & needs are greater than limited resources
- type of economic system ruled by supply and demand, aka capitalist
- states that businesses will make more products available as prices increase
Down
- type of economic system where economic questions are answered by way things have always been done
- measure of how many people are seeking work
- actions carried out by the Federal Reserve to contract and expand the economy
- 1 of 3 basic economic questions related to process of making a product
- market structure with many sellers & slightly different products
- type of economic system combining features of command & market
- actions carried out by the President & Congress to contract or expand the economy
- market structure with many sellers & identical product
- states that consumers will purchase less products as prices increase
- 1 of 3 basic economic questions related to where the product ends up
- role of money that simplifies purchases
- focusing on producing only on a few things
- type of business organization with 2 or more owners
- graph of GDP over time
- cost of borrowing money
- market structure with one large company controlling the market
- type of economic system controlled by government, aka centrally planned
33 Clues: GDP • graph of GDP over time • cost of borrowing money • increase in price levels • role of money allowing comparisons • nation with lowest opportunity cost • nation that produces most of a product • role of money that simplifies purchases • curve that gives options for production • focusing on producing only on a few things • measure of how many people are seeking work • ...
Economics Crossword 2018-09-27
Across
- Condition of being unequal (economic inequality)
- Also "third world" nations, these countries host a high level of extreme poverty and many citizens lack access to basic healthcare and infrastructure.
- The use of monetary or fiscal policy changes to kickstart growth in the economy.
- prizes, money, or other material gain awarded for a desired behavior.
- All the human labor required for the production and distribution.
- An overall measure the well being of a person in a given nation, as a measure of their capacity for the economic growth and stability.
- Benefits guaranteed to an individual.
- average number of children born per family in a nation.
- Refers to property or other assets that have no proven ownership.
- All the man-made resources used in the production of a good or service - includes money, equipment, and partially finished goods used to produce a good or service.
Down
- Combined value of all goods and services bought, sold, and produced in a year.
- Average age of death for people in a nation.
- Measures the rate of people seeking work that are unable to find it in a giving economy.
- The creative minds (inventors) and business people who are essential to the development or improvement.
- An increase in the capacity of an economy to produce goods and services.
- Period of no or negative economic growth (negative GDP growth rate) that last more than six months.
- The term for the basic physical systems of a business or nation.
- Set of factors or events by which poverty, once started, is likely to continue unless there is outside intervention.
- Quantification of the economic value of a worker's skill set.
- All the natural resources (including land/space) used in the production of a good or service.
- It's very difficult for people to escape poverty
- Mainly free enterprise but government sets and organizes programs intended to promote economic progress and consumer safety.
- percent of a population that can read at a primary school level or higher.
- The state of owing money.
- Refers to "first world" countries, states where nearly all citizens have access to infrastructure, healthcare, clean water, and technology; little to no extreme poverty.
25 Clues: The state of owing money. • Benefits guaranteed to an individual. • Average age of death for people in a nation. • Condition of being unequal (economic inequality) • It's very difficult for people to escape poverty • average number of children born per family in a nation. • Quantification of the economic value of a worker's skill set. • ...
Economics Crossword 2018-06-26
Across
- tax levied on spending
- cartels are formed
- workforce of the economy
- when a worker is paid for each item they produce
- when a business changes its prices and others must follow
- managerial economies is an example of
- individuals or groups that receive adavantages and have responsibility of an organisation or society
- when workers are given smaller jobs through the division of labour
- when markets lead to inefficiency
- shifts when fashions and trends change
- both the public and private sector provide goods and services
Down
- not having enough money to repay your debts
- when a government pays money to encourage production of a certain good or service
- goods that are bought and consumed together
- when a company increases the range of good and services they produce
- diverse products
- the part of the companies profit that are shared between the shareholders
- when supply and demand are equal
- illegal agreements between businesses
- something that discourages someone from entering a market
- artificial resources
- when the government transfers a railway to a private business
- when there is more demand than supply
- a smaller market supplying a specific need or want
- how much money a business generated
25 Clues: diverse products • cartels are formed • artificial resources • tax levied on spending • workforce of the economy • when supply and demand are equal • when markets lead to inefficiency • how much money a business generated • illegal agreements between businesses • managerial economies is an example of • when there is more demand than supply • shifts when fashions and trends change • ...
Economics Crossword 2016-11-06
Across
- The things a firm needs to make its output.
- a firm who has some control over the price it charges.
- A person who conceives and starts a business.
- Additional revenue generated by the production and sale of one more unit of output.
- Tangible out-of-pocket costs.
- Things that convey information about profitability of various markets.
- Where firms have little to no market power.
- Restrictions that make it difficult for a new firm to enter a market.
- When a small number of firms sell a product in a market with high barriers to entry.
- The opportunity cost of doing business.
- An entity having the exclusive right or control over the selling of a product.
Down
- when resources are used to secure monopoly rights through the political process
- The amount of money a firm receives from selling a product.
- Refers to the way firms in a market relate to each other.
- The increase in cost that occurs from producing one additional unit of output.
- Occurs when a markets result of production is inefficient.
- Involves breaking up a job into tasks and assigning those tasks to individuals.
- Man-made resources used to create the final product.
- Costs that do not vary with a firms output in the short run.
- Incremental changes.
20 Clues: Incremental changes. • Tangible out-of-pocket costs. • The opportunity cost of doing business. • The things a firm needs to make its output. • Where firms have little to no market power. • A person who conceives and starts a business. • Man-made resources used to create the final product. • a firm who has some control over the price it charges. • ...
Micro Economics 2019-02-15
Across
- Good with a negative income effect
- Immediate and necessary
- The number of units of a good a consumer is willing to buy at different prices
- Affects level of demand
- The minimum payment necessary to bring a factor into use and maintain it in that use
- Something is not demanded in its own right but for its contribution to the production process
- Measures the proportional change in quantity demanded as a result of a proportional change in income
- Process engaged in by firms who sell very close substitutes
- A social science where scarce resources which have alternative uses are allocated
- Goods of joint demand
- Goods that satisfy the same need
Down
- The human effort involved in the production of wealth
- One or more firms combining to eliminate competition
- No tendency to change
- When goods and services are sold to different consumers at varying ratios between marginal cost and price it is called price
- When firms take into account the likely reaction of rivals
- The removal of government controls to allow for more competition
- Where buyers and sellers meet
- Cost benefits associated with increasing scale
- goods are identical
- Costs that do not change as output changes
- Companies agree to act together to increase profits
- Anything provided by nature used to produce wealth
- Provides user with a level of satisfaction
24 Clues: goods are identical • No tendency to change • Goods of joint demand • Immediate and necessary • Affects level of demand • Where buyers and sellers meet • Goods that satisfy the same need • Good with a negative income effect • Costs that do not change as output changes • Provides user with a level of satisfaction • Cost benefits associated with increasing scale • ...
Economics Vocabulary 2019-04-07
Across
- Payment for risk-taking or entrepreneurship
- The condition of not being able to have all the goods and services one wants
- Things of value we have that are in limited supply
- The Father of Marginal Thinking (2 words)
- The change in total benefit resulting from an action (2 words)
- The change in the utility from an increase or decrease in the consumption of that good or service (2 words)
- The change in total cost resulting from an action (2 words)
- Monetary (Money) or non-monetary gain or received because of an action taken or a decision made
- Goods and/or services that are required
Down
- The condition that arises from unlimited wants and limited resources
- Payment for all capital
- The second-best alternative (or the value of that alternative) that must be given up when making a choice. (2 words)
- A conclusion reached after considering alternatives and their results
- Wrote the Wealth of Nations on Rational Maximizing (2 words)
- The satisfaction or benefit derived by consuming a product
- Desires that can be satisfied by consuming or using a good or service
- Result in giving up something of value to get what is most wanted
- What must be given up to obtain something.The effort, loss or sacrifice necessary to achieve or obtain something
- Any action that one person or group does for another in exchange for payment
- Physical improvement resource
- Any items that can be bought or sold
21 Clues: Payment for all capital • Physical improvement resource • Any items that can be bought or sold • Goods and/or services that are required • The Father of Marginal Thinking (2 words) • Payment for risk-taking or entrepreneurship • Things of value we have that are in limited supply • The satisfaction or benefit derived by consuming a product • ...
Economics Crossword 2019-08-03
Across
- If you don't want to buy from me you can't buy from anyone else
- A kinky market!
- A branded market structure
- Marx says labour alone creates this
- Keynes says this is good for each one of us but deadly for the economy
- The more you love this the more I have to pay to part with it
- When this changes you can jump between demand curves
- RBI uses this rate to influence interest rate
Down
- Price takers all
- As the Beatles said, it's all within you!
- When this changes you just slide along a demand curve
- You maybe an all rounder but focus on this
- This thief robs your money while leaving g it with you
- His hand was invisible
- You really don't care wherever you are on this thing
- The sight of babies made him sick
- If not forgive you must forget this cost
- This made Marx resign from his teaching position
- Marshall said whenever you buy something you get this free
- He blamed inflation on the central bank's printing press
20 Clues: A kinky market! • Price takers all • His hand was invisible • A branded market structure • The sight of babies made him sick • Marx says labour alone creates this • If not forgive you must forget this cost • As the Beatles said, it's all within you! • You maybe an all rounder but focus on this • RBI uses this rate to influence interest rate • ...
Economics Vocab 2020-01-23
Across
- ceiling, A price ceiling is a government- or group-imposed price control, or limit, on how high a price is charged for a product, commodity, or service. Governments use price ceilings to protect consumers from conditions that could make commodities prohibitively expensive.
- the wealth and resources of a country or region, especially in terms of the production and consumption of goods and services.
- make (something needed or wanted) available to someone; provide.
- elasticity, Price elasticity of demand is a measure used in economics to show the responsiveness, or elasticity, of the quantity demanded of a good or service to increase in its price when nothing but the price changes
- the part of the earth's surface that is not covered by water, as opposed to the sea or the air.
- a thing that motivates or encourages one to do something.
- cost, the loss of potential gain from other alternatives when one alternative is chosen.
- the activity of setting up a business or businesses, taking on financial risks in the hope of profit.
- point - In mathematics, specifically in differential equations, an equilibrium point is a constant solution to a differential equation
- demand, Inelastic demand is when the buyer's demand does not change as much as the price changes. When the price increases by 20% and the demand decreases by only 1%, demand is said to be inelastic. A similar situation exists when there is a decrease in price as people will continue to buy the product or service.
- In trade, barter is a system of exchange where participants in a transaction directly exchange goods or services for other goods or services without using a medium of exchange, such as money.
- institutions, Colloquially, a depository institution is a financial institution in the United States that is legally allowed to accept monetary deposits from consumers. Under federal law, however, a "depository institution" is limited to banks and savings associations - credit unions are not included.
Down
- an insistent and peremptory request, made as if by right.
- work especially hard physical work.
- wealth in the form of money or other assets owned by a person or organization or available or contributed for a particular purpose such as starting a company or investing.
- demand, Price elasticity of demand is a measure used in economics to show the responsiveness, or elasticity, of the quantity demanded of a good or service to increase in its price when nothing but the price changes
- the state of being scarce or in short supply; shortage.
- of production, In economics, factors of production, resources, or inputs are what is used in the production process to produce output—that is, finished goods and services. The utilized amounts of the various inputs determine the quantity of output according to the relationship called the production function.
- institutions, non-depository financial institution. Government or private organization (such as building society, insurance company, investment trust, or mutual fund or unit trust) that serves as an intermediary between savers and borrowers, but does not accept time deposits.
- Economy, Traditional economy is an economic system in which traditions, customs, and beliefs help shape the goods and services the economy produces, as well as the rules and manner of their distribution. Countries that use this type of economic system are often rural and farm-based.
- Economy, an economy in which production, investment, prices, and incomes are determined centrally by a government.
- market, A financial market is a market in which people trade financial securities and derivatives at low transaction costs. Some of the securities include stocks and bonds, and precious metals
- Economy, an economic system in which production and prices are determined by unrestricted competition between privately owned businesses.
- the branch of knowledge concerned with the production, consumption, and transfer of wealth.
- floor, A price floor is a government- or group-imposed price control or limit on how low a price can be charged for a product, good, commodity, or service. A price floor must be higher than the equilibrium price in order to be effective
25 Clues: work especially hard physical work. • the state of being scarce or in short supply; shortage. • an insistent and peremptory request, made as if by right. • a thing that motivates or encourages one to do something. • make (something needed or wanted) available to someone; provide. • ...
Business Economics 2012-07-21
Across
- the type of money that circulates in different countries
- the money used to start a business
- to make goods from raw materials
- a company with a maximum of 10 owners
- a business run by one owner only
- the money left over after paying all your expenses
- the money people need to pay the government based on their salary
- a company that buys goods and sell them at a proffit
- luxury items
- people who buy goods from shops
- when someone has an employer
Down
- the sums that you do in order to work out your expenses and proffit
- A person who sees a need in a community and starts a business to satisfy that need
- the symbol that represents a company
- opposite of a communist
- people you are aiming to sell your product to
- how much something is worth
- the abreviation of strengths, weaknesses, opportunities and threats
- items we have to have in order to survive
- a company with a maximum of 2-20 owners
20 Clues: luxury items • opposite of a communist • how much something is worth • when someone has an employer • people who buy goods from shops • to make goods from raw materials • a business run by one owner only • the money used to start a business • the symbol that represents a company • a company with a maximum of 10 owners • a company with a maximum of 2-20 owners • ...
Economics Crossword 2013-04-30
Across
- bars of precious metal
- person or institution to whom money is owed
- amount banks set aside according to law as a protection for depositors
- substance that functions as a medium of exchange, and a measure and store of value
- condensed statement showing all assets and liabilities at a given point in time
- properties, possessions, and claims of others
- funds available whenever the depositor wish them
- money that has an alternative use as a commodity
- form of currency made by the Narragansett indians out of white conch and black mussel shells
- paper money issued by government through an act of law
- ability to be converted into cash in a very short period of time
Down
- laws regulating the maximum interest rate on passbook savings
- money by government decree
- bank that can lend to other banks in times of need
- debts and obligations to others
- interest-earning deposits that cannot be withdrawn by check
- stock certificates representing ownership of the bank
- property or other security used to guarantee repayment of a loan
- excess of assets over liabilities that is a measure of the value of a business
- metallic forms of money
20 Clues: bars of precious metal • metallic forms of money • money by government decree • debts and obligations to others • person or institution to whom money is owed • properties, possessions, and claims of others • funds available whenever the depositor wish them • money that has an alternative use as a commodity • bank that can lend to other banks in times of need • ...
Economics Crossword 2013-05-11
Across
- The income received from the activity of the enterprise
- Things used to aid in the production of other goods
- A government regulation stipulating the maximum price that can be charged for a product
- A method of analyzing firm behaviour that highlights mutual interdependence between firms
- The effect that a price change has on real income
- Human physical and mental effort that can be used to produce goods and services
- The productive resources that are available to an economy, categorized as land, labour, capital, and enterprise
- Total product divided by the quantity of inputs used to produce that total
- Controls Government regulations to set either a maximum or minimum price for a product
- Products that tend to be purchased jointly and whose demands therefore are related
- Cost advantages achieved as a result of large-scale operations
- Total fixed cost divided by the quantity of the output
- The quantity that prevails at the equilibrium price
- Total cost divided by quantity of output
- Benefits or costs of a product experienced by people who neither produce nor consume that product
- A change in the quantities demanded at every price
- The human resource that innovates and takes risks
- the study of how the major components of an economy interact
- The responsiveness of quantity demanded to a change in income
- Goods or services whose benefits are not affected by the number of users and from which no one can be exluded
- The period of time during which all inputs are available
- The study of the outcomes of decisions by people and firms through a focus on the supply and demand of goods, the cost of production, and market structures
Down
- INcome measured in terms of the amount of goods and services that it will buy
- A market in which a single firm is the sole producer
- Goods used by consumers to satisfy their wants and needs
- The annual cost of any asset that is expected to be in use for more than one year
- A tax (or duty) levied on imports
- The price at which the quantity demanded equals the quantity supplied such that there is neither a surplus nor a shortage
- Quantity demanded that is quite responsive to change in price
- A limit imposed on the production or sale of a product
- The quantities that producers are willing and able to sell per period of time at various prices
- The amount that consumers are willing and able to buy
- The advantage that comes from producing something at a lower opportunity cost than others are able to do
- All human-made resources that can be used to produce goods and services
- Obstacles that make it difficult for new participants to enter a market
- A market dominated by a few large firms
- A market in which all buyers and sellers are price takers
- A mechanism that brings buyers and sellers together and assists them in negotiating the exchange of products
- An association of sellers acting in unison
- A change in the quantities supplied at every price
- Revenue over and above all costs, including normal profits
- The amount of revenue received per unit sold
- Quantity demanded that is not very responsive to a change in price
- An agreement among suppliers to set the price of a product or the quantities each will produce
44 Clues: A tax (or duty) levied on imports • A market dominated by a few large firms • Total cost divided by quantity of output • An association of sellers acting in unison • The amount of revenue received per unit sold • The effect that a price change has on real income • The human resource that innovates and takes risks • A change in the quantities supplied at every price • ...
Economics: Money 2013-05-13
Across
- Card Cards used to purchase goods or services on credit from a store, up to a pre arranged credit limit.
- Putting some of your wages or salary aside for later use e.g. in a savings account or by investing in stocks and shares or 5 or 10 year savings plan.
- A plan of your future weekly, inflows of finance and the outflows of finance to identify under and overspending.
- The stages of life people go through
- Something given up when making a choice e.g. when buying a sandwich from the school canteen you give up the benefit you could have got from a hot chocolate.
- The basic products that people need to survive e.g. food, drink, shelter, warmth, and clothing.
- A figure quoted in savings advertisements to help customers compare savings products with one another
- The desire to consume goods and services. Wants are unlimited because there is no limit to the amount of goods and services people would like to consume.
- Long term loan often secured on a house, which remains the property of the banks until it is paid off
- The time in the personal life cycle when you stop working and depend for income on your retirement fund in a pension. Or continue to work if it’s not enough- semi-retired
- The quantity of a good or service that consumers are willing and able to buy at a particular price.
- Resources are limited compared with our wants
Down
- The rights and wrongs of an issue
- The interest rate charged on loans to help compare their rates
- The quantity of a good or service that businesses will offer for sale at a given price.
- Total money received by a person from salary or wages, interest or dividend.
- An annual rate which is charged to borrowers or paid to savers
- regular payments from the government to support people who are unemployed or in need.
- Borrowing up to an agreed limit on a current account. Daily interest is charged it must be paid back and can be called in at any time by a bank.
- Type of savings account
20 Clues: Type of savings account • The rights and wrongs of an issue • The stages of life people go through • Resources are limited compared with our wants • The interest rate charged on loans to help compare their rates • An annual rate which is charged to borrowers or paid to savers • Total money received by a person from salary or wages, interest or dividend. • ...
Economics terms 2013-06-05
Across
- what accountants charge their clients
- a written instruction to a bank to transfer money
- things that are done for us
- income earned as a percentage of sale price
- person who writes out a cheque
- income earned paid on a yearly basis
- (5,2,5) a function of money
- the person named on a cheque to be paid
- used to write with
- paid to the owners of land
- man made resources
- someone who buys goods
- a common form of electronic payment
- any natural resource
Down
- a plan of income and spending
- income earned paid per hour
- the basic economic problem
- paid to people who have saved money
- income earned by shareholders
- unearned income passed on from someone else
- the bank you have a cheque account with
- income earned by business owners
- a quality of money
- (6,7)paid by the govt to help people
- human resources
- what we usually write on
- things we buy
- a quality of money
28 Clues: things we buy • human resources • a quality of money • used to write with • man made resources • a quality of money • any natural resource • someone who buys goods • what we usually write on • the basic economic problem • paid to the owners of land • income earned paid per hour • things that are done for us • (5,2,5) a function of money • a plan of income and spending • ...
Economics Crossword 2013-05-28
Across
- Requirements for survival
- What you got from scarcity
- resources being used effiecently to produce goods and services
- of living well-being of an individual or group
- percent of people without a job that are looking for one
- increase in general level of prices
- collar Physical labor force that works with hands
- not enough of something
- Domestic Product total dollar value of all final goods and services
- collar Mental labor force
- Demand greater than supply
- Amount of something that is available
Down
- Amount of good or service that people are willing to buy
- price point where supply and demand meet
- risk takers
- resources gifts of nature that makes production possible
- Tangible products that we use to satisfy our wants and needs
- Cost What you have to give up because of scarcity
- resources Labor provided by man
- Advantage the ability of a country to produce a good at a lower oppotunity cost than another country can
- Things we would like to have but don't need
- Price Index Measure of the change in price
- goods Previously manufacted goods used to make other goods and services
- Supply is greater than demand
24 Clues: risk takers • not enough of something • Requirements for survival • collar Mental labor force • What you got from scarcity • Demand greater than supply • Supply is greater than demand • resources Labor provided by man • increase in general level of prices • Amount of something that is available • price point where supply and demand meet • Price Index Measure of the change in price • ...
Economics Crossword 2013-10-18
Across
- Measures responsiveness of supply to a change in the price
- Good Goods that see an increase in demand when income rises
- Surplus Difference between how much buyers are prepared to pay and what they actually pay
- Elasticity Measures percentage change in demand for one good after a price change of another good
- Surplus Difference between what price suppliers receive and what price they are actually prepared to supply at
- Situation where supply does not equal demand
- Function of price - to allocate and ration goods to highest price
- Paribus Assumes other variable remain unchanged
- Amount consumers are able and willing to buy at a given price
- The responsiveness of demand to a change in price
Down
- Producers who supply the market
- Demand Goods that are consumed together (ie. milk and cereal)
- Good Goods that see a fall in demand when income rises
- Demand Good that is demanded for more than one purpose, so if demand for one use rises, supply for the other falls
- Elastic A fall in price leads to an infinite level of demand
- A rise in price leads to a rise in demand. Special Inferior good
- Price at which supply and demand are equal
- Changes in price leads to same proportionate change in demand
- Function of price - to encourage firms, buyers to supply and demand more
- Demand When demand is greater than supply at this price
20 Clues: Producers who supply the market • Price at which supply and demand are equal • Situation where supply does not equal demand • Paribus Assumes other variable remain unchanged • The responsiveness of demand to a change in price • Good Goods that see a fall in demand when income rises • Demand When demand is greater than supply at this price • ...
Economics Worksheet 2013-12-12
Across
- Things that are not necessary for survival but that we would like to have
- sector responsible for providing services & goods
- Items that you can see and touch
- The man-made or manufactured objects that helps in producing other products
- Work done in exchange for something in return
- Limited
- The things are necessary for survival
- Activities that blend economic resources to create goods & services
- Sector responsible for manufacturing and processing the raw materials
- The abilities to form new ideas for goods and services
Down
- Things done for you by others (often not visual)
- Sector responsible for extraction of raw materials
- Scarce resources and people's unlimited wants
- Direct exchange of good/service for another
- Raw materials supplied by nature
- Communities who wonder from place to place in search for essential needs
- Supplying all your wants using own abilities and skills
- Achieved through devotion of time and effort to one task
- Someone who buys goods and services to satisfy needs and wants
- A source/supply where benefits are gathered from
- A token that people generally accept as payment in exchange for goods/services
21 Clues: Limited • Items that you can see and touch • Raw materials supplied by nature • The things are necessary for survival • Direct exchange of good/service for another • Scarce resources and people's unlimited wants • Work done in exchange for something in return • Things done for you by others (often not visual) • A source/supply where benefits are gathered from • ...
Economics Worksheet 2013-12-12
Across
- A token that people generally accept as payment in exchange for goods/services
- Things that are not necessary for survival but that we would like to have
- Raw materials supplied by nature
- Scarce resources and people's unlimited wants
- The abilities to form new ideas for goods and services
- The things are necessary for survival
- Activities that blend economic resources to create goods & services
- Supplying all your wants using own abilities and skills
- Communities who wonder from place to place in search for essential needs
- Limited
Down
- A source/supply where benefits are gathered from
- Work done in exchange for something in return
- Things done for you by others (often not visual)
- Items that you can see and touch
- Sector responsible for manufacturing and processing the raw materials
- Someone who buys goods and services to satisfy needs and wants
- sector responsible for providing services & goods
- The man-made or manufactured objects that helps in producing other products
- Sector responsible for extraction of raw materials
- Achieved through devotion of time and effort to one task
- Direct exchange of good/service for another
21 Clues: Limited • Raw materials supplied by nature • Items that you can see and touch • The things are necessary for survival • Direct exchange of good/service for another • Work done in exchange for something in return • Scarce resources and people's unlimited wants • A source/supply where benefits are gathered from • Things done for you by others (often not visual) • ...
Economics #1 2015-05-11
Across
- is the change in the total cost that arises when the quantity produced has an increment by unit.
- that is gained goes to the business's owners
- is defined as a service or other asset used to produce goods and services that meet human needs and wants
- the body of persons engaged in such activity, especially those working for wages.
- A method for systematically selecting among possible choices that is based on reason and facts
- An individual who, rather than working as an employee, runs a small business and assumes all the risk and reward of a given business venture, idea, or good or service offered for sale.
- generally refers to financial wealth especially that used to start or maintain a business.
- An economic system that features characteristics of both capitalism and socialism
- the exchange of one thing for another of more or less equal value, especially to effect a compromise
- The reduction or elimination of government power in a particular industry, usually enacted to create more competition within the industry.
- Regulations the US Environmental Protection Agency's Audit Policy is an example of
- in which decisions regarding investment, production, and distribution are based on supply and demand, and prices of goods and services are determined in a free price system.
Down
- when the price charged is more than or less than the equilibrium price determined by market forces of demand and supply.
- comprises all naturally occurring resources whose supply is inherently fixed. Examples are any and all particular geographical locations, mineral deposits, and even geostationary orbit locations and portions of the electromagnetic spectrum
- The cost of an alternative that must be forgone in order to pursue a certain action.
- is the act of buyers and sellers freely and willingly engaging in market transactions.
- is a situation when the price charged is more than or less than the equilibrium price determined by market forces of demand and supply.
- The additional satisfaction or utility that a person receives from consuming an additional unit of a good or service.
- A system where the government, rather than the free market, determines what goods should be produced, how much should be produced and the price at which the goods will be offered for sale.
- are goods or services that are not necessary but that we desire or wish for
- Dividing a job into many specialized parts, with a single worker or a few workers assigned to each part
- fundamental economic problem of having seemingly unlimited human wants in a world of limited resources.
- Broadcasting services.
- A method of production where a business or area focuses on the production of a limited scope of products or services in order to gain greater degrees of productive efficiency within the entire system of businesses or areas.
- is the social science that seeks to describe the factors which determine the production, distribution and consumption of goods and services.
25 Clues: Broadcasting services. • that is gained goes to the business's owners • are goods or services that are not necessary but that we desire or wish for • the body of persons engaged in such activity, especially those working for wages. • An economic system that features characteristics of both capitalism and socialism • ...
Economics #3 2015-05-11
Across
- - a privilege of a public nature conferred on an individual, group, or company by a government
- - occurs when there is a limited need for a type of work to be performed during a particular period during the year.
- is a debt investment in which an investor loans money to an entity (typically corporate or governmental) which borrows the funds for a defined period of time at a variable or fixed interest rate.
- - The policy of a government in controlling its own expenditures and taxation, which together make up the budget.
- - A legal entity that is separate and distinct from its owners
- - A share of a company held by an individual or group
- - A condition of slow economic growth and relatively high unemployment
- - defined as workers losing their jobs due to business cycle fluctuations in output, i.e. the normal up and down movements in the economy as it cycles through booms and recessions over time
- - A longer-lasting form of unemployment caused by fundamental shifts in an economy
- the opposite of inflation
Down
- - is a microeconomics concept that describes a market structure controlled entirely by market forces.
- -The amount by which the government’s total budget outlays exceeds its total receipts for a fiscal year
- - is an unincorporated business with one owner who pays personal income tax on profits from the business
- - A business organization in which two or more individuals manage and operate the business.
- - income remaining after deduction of taxes and other mandatory charges, available to be spent or saved as one wishes.
- - a type of imperfect competition such that many producers sell products that are differentiated from one another
- A situation in which a single company or group owns all or nearly all of the market for a given type of product or service.
- - is a sustained increase in the general price level of goods and services in an economy over a period of time
- - This is unemployment that occurs from the inevitable time delays in finding new employment in a free market
- - one the primary indicators used to gauge the health of a country's economy. It represents the total dollar value of all goods and services produced over a specific time period - you can think of it as the size of the economy.
- - used as an economic indicator, a deflator of other economic series
- -Total outstanding borrowings of a central government comprising of internal and external
- - examines economy-wide phenomena such as changes in unemployment, national income, rate of growth, gross domestic product, inflation and price levels.
- A situation in which a particular market is controlled by a small group of firms.
- Market situation in which competitors would not lower prices for fear of a price war.
25 Clues: the opposite of inflation • - A share of a company held by an individual or group • - A legal entity that is separate and distinct from its owners • - used as an economic indicator, a deflator of other economic series • - A condition of slow economic growth and relatively high unemployment • ...
Economics 2 2016-05-05
Across
- monetary system in which a country's government allows its currency unit to be freely converted into fixed amounts of gold and vice versa.
- is the macroeconomic policy laid down by the central bank. It involves management of money supply and interest rate and is the demand side economic policy used by the government to achieve inflation, consumption, and growth.
- an increase in the level of economicactivity, and of the goods and services available. It is a period ofeconomic growth as measured by a rise in real GDP.
- indicators a statistic used to gauge future trends in a nation's economy.
- Smith Wrote the Wealth of Nations
- is an individual retirement plan that bears many similarities to the traditionalIRA, but the contributions are not tax deductible and qualified distributions are tax free.
- is a policy followed by some international markets in which countries' governments do not restrict imports from, or exports to, other countries.
- states that if countries specialise in producing goods where they have a lower opportunity cost – then there will be an increase in economic welfare.
- is a government program guaranteeing access to some benefit by members of a specific group and based on established rights or by legislation.
- income exceeds expenditures
- is the means by which a government adjusts its spending levels and tax rates to monitor and influence a nation's economy.
- an economic measure of a negative balance of trade in which a country's imports exceeds its exports.
- World Trade Organization.
- is the total assets minus total outside liabilities of an individual or a company.
- a ratio between the output volume and the volume of inputs. In other words, it measures how efficiently production inputs, such as labour and capital, are being used in an economy to produce a given level of output.
Down
- a sustained increase in the general price level of goods and services in an economy over a period of time.
- North Atlantic Free Trade Agreement
- Money which is set aside for an emergency situation, such as unexpected unemployment or injury, or a natural disaster which destroys one's home and belongings.
- American economist who believed in free- market capitalism.
- refers to the ability of a party (an individual, or firm, or country) to produce a greater quantity of a good, product, or service than competitors, using the same amount of resources.
- Maynard Keynes English economist whose ideas fundamentally changed the theory and practice of macroeconomics and the economic policies of governments
- policy of restraining trade between states (countries) through methods such as tariffs on imported goods, restrictive quotas, and a variety of other government regulations designed to allow (according to proponents) fair competition between imports and goods and services .
- Austrian economist who supported bottom up economics
- the central banking system of the United States.
- an increase of value of a currency
- the highest point between the end of an economic expansion and the start of a contraction in a business cycle.
- the monetary value of all goods and services produced within a nation's geographic borders over a specified period of time.
- a significant decline in economic activity spread across the economy, lasting more than a few months, normally visible in real GDP, real income, employment, industrial production, and wholesale-retail sales
- is a measure of average income per person in a country.
- currency that a government has declared to be legal tender, but is not backed by a physical commodity
- A comprehensive measure used for estimation of price changes in a basket of goods and services representative of consumption expenditure in an economy
- ow turning point or a local minimum of a business cycle.
32 Clues: World Trade Organization. • income exceeds expenditures • Smith Wrote the Wealth of Nations • an increase of value of a currency • North Atlantic Free Trade Agreement • the central banking system of the United States. • Austrian economist who supported bottom up economics • is a measure of average income per person in a country. • ...
Economics Crossword 2015-12-09
Across
- how much someone produces
- too much
- a state of limited competition
- trough
- GDP per person
- imports exceed exports
- money set aside for emergencies
- GDP Inflation Unemployment
- formal authorization
- hands of type of government
- IRA money set aside after texes
- everything is backed by gold
- peak
- defended classical liberalism
- recession
- beneficial
- short in supply
- central bank of the united states
- private business operates free of state control
- cannot raise the prices
- someone can do something more efficiently
- the fact of having a right to something
- north american free trade agreement
- consumer price index
- gov. adjusts its spending and taxes to influence economy
- exclusive possession of the supply in a commodity
- believed government should do everything
Down
- sheilding a countrys domestic industries
- sum of money granted by the government
- not enough
- gross domestic product
- theory from Karl Marx
- FOMC uses interest rate to influence the economy
- money gains value
- everyone is employed
- exports exceed imports
- a thing that evokes a reaction
- someone can do something more efficiently
- believed in free market capitalism
- trade and industry are owned by private owners
- cannot lower prices
- decision making tool to maximize profits
- trade without barriers
- world trade organization
- believed in the division of labor
- everything owned by the community
- the state lowest pay
- expansion
- increase in prices and fall in purchasing
- how much an entity is worth
50 Clues: peak • trough • too much • recession • expansion • not enough • beneficial • GDP per person • short in supply • money gains value • cannot lower prices • formal authorization • everyone is employed • the state lowest pay • consumer price index • theory from Karl Marx • gross domestic product • imports exceed exports • exports exceed imports • trade without barriers • cannot raise the prices • ...
Development Economics 2016-01-27
Across
- when a firm or country concentrates production on one or a few goods and services
- skills, ability, and knowledge acquired by people with good levels of health that make them productive
- low incomes = low savings = low investment in physical, human and natural capital = low growth in income
- growth and trade strategy where a country attempts to achieve economic growth by expanding its exports
- refers to the level of debt or money owed to creditors
- loans that are offered at lower interest rates and longer repayment periods
- a new domestic industry that has not had time to establish / achieve its efficiencies and is unable to compete with a more mature competitor
- wealthy high educated coexisting with poor illiterate informal/formal sector - low productivity agricultural sector and high productivity urban industrial sector
- programme to provide credit in small amounts to people who do not ordinarily have access to credit
- any product that is produced in the primary sector
- donors make the recipients of foreign aid spend a portion of the borrowed funds on purchased g/s from the donor country
- government policies designed to support the growth of the industrial sector ie tax cuts, grants, human capital investment
- lending to developing countries to assist their development on non-concessional terms (from organisations or a group of countries)
- area between the diagonal and the Lorenz curve, divided by the area under the diagonal
- outside of the formal economy, illegal, unregistered, unregulated
- foreign aid intended to help economically less developed countries
- a summary measure of more than one indicator, ex. HDI
- policy of liberalising trade by eliminating trade protection and barriers
Down
- the inability of an individual or family to afford a basic standard of goods and services
- an international organization that provides the institutional and legal framework for the trading system that exists between member nations
- non-profit organisations that provide a very wide range of services and humanitarian functions
- spending by firms or government on capital goods
- technologies that are well-suited to a country's particular economic, geographical, climate conditions
- a type of foreign aid consisting of funds that are in effect gifts
- financial investment including investment in stocks and bonds
- foreign aid offered by countries or by international organizations
- trade protection measures taking the form of administrative procedures
- arises when a country has a lower relative cost in the production of a good than another country
- investment by firms based in one country in productive activities in another country
- rises in the standard of living and well-being of a population
- a firm that is based in one country that undertakes productive investments in another country
- free movement of financial capital in and out of a country
- concessional financial flows from the developed world to LDCs
33 Clues: spending by firms or government on capital goods • any product that is produced in the primary sector • a summary measure of more than one indicator, ex. HDI • refers to the level of debt or money owed to creditors • free movement of financial capital in and out of a country • financial investment including investment in stocks and bonds • ...
Economics Crossword 2016-02-02
Across
- / using resources in ways to maximize production of goods and services.
- / Additional Satisfaction from using one or more unit of a product.
- / An item that is desired but not essential to survival.
- / The effort people devote to task for which they are paid.
- / additional cost of using one more unit of a product.
- / Graph used by economists to show impact of scarcity on an economy.
- / Maker of goods or a provider of services.
- / Studies economic behavior.
- / a situation in which a good or service is unavailable.
- / the study of the economy as a whole.
- / Physical objects such as clothes or shoes.
- / all of the resources made and used by people to produce goods and services.
- / land, labor, and capital, used to make all goods and services.
- / alternative people give up when they make choices.
- / Simplified representation of economic forces.
- / the study of how people seek to satisfy their needs and wants by making choices.
Down
- / Value of something that is given up to obtain something that is wanted.
- / Involves vision, skills, and risk-taking needed to create and run business.
- / person who buys or uses goods or services.
- / using fewer resources than an economy is capable of using.
- / Methods used to encourage people to take certain actions.
- / natural resources that are used to make goods and services.
- / Information in numerical form.
- / the study of individuals, families, and businesses to see goods or services.
- / something necessary for survival.
- / actions or activities that one person performs for another.
- / Once all the factors of production are at maximum output and efficiency, producing will cost more than average.
- / involves judgement of what economic behavior ought to be.
- / limited quantities of resources meets unlimited wants.
- / Making decisions according to the best combination of costs and benefits.
- / Benefit received from using a good or service.
31 Clues: / Studies economic behavior. • / Information in numerical form. • / something necessary for survival. • / the study of the economy as a whole. • / Maker of goods or a provider of services. • / person who buys or uses goods or services. • / Physical objects such as clothes or shoes. • / Simplified representation of economic forces. • ...
Economics Crossword 2016-03-04
Across
- is a person who buys or uses goods or services.
- is a maker of goods or provider of services.
- is the benefit or satisfaction received from using a food or service.
- is the additional satisfaction from using one more unit of a product.
- of production are the resources needed to produce goods and services.
- analysis is an approach that weighs the benefits of an action against its costs.
- are objects, such as goods, clothing, and furniture, that can be bought.
- is the alternative people give up when they make choices.
- the study of how individual and societies satisfy their unlimited wants with limited resources.
- are work that one person does for another.
Down
- is all of the human effort used to produce goods and services.
- refers to all natural resources used to produce goods and services.
- cost is the value of something that is given up to get something else that is wanted.
- is all of the resources made and used by people to produce goods and services.
- is the additional cost of using one more unit of a product.
- are methods used to encourage people to take certain actions.
- involves the vision, skills, and risk-taking needed to create and run businesses.
- means to make decisions according to the best combination of costs and benefits.
- are things that are necessary for survival.
- exists when there are not enough resources to satisfy human wants.
- are desires that can be satisfied by consuming a goal or a service.
21 Clues: are work that one person does for another. • are things that are necessary for survival. • is a maker of goods or provider of services. • is a person who buys or uses goods or services. • is the alternative people give up when they make choices. • is the additional cost of using one more unit of a product. • ...
Economics Crossword 2016-05-16
Across
- the system by which the value of a currency was defined in terms of gold
- an economic and political system in which a country's trade and industry are controlled by private owners for profit, rather than by the state
- the amount by which the cost of a country's imports exceeds the value of its exports
- an American economist and statistician best known for his strong belief in free-market capitalism
- measures how efficiently production inputs
- policy macroeconomic policy laid down by the central bank
- allows business owners to measure the additional benefits of one production activity versus its costs
- an increase in the value of one currency in terms of another
- famous economist born in Vienna, Austria
- only global international organization
- advocates that the means of production, distribution, and exchange should be owned or regulated by the community as a whole
- low supply
- an economic system in which private business operates in competition and largely free of state control
- also known as the "the Fed"
- measure of average income per person in a country
- currency that a government has declared to be legal tender, but is not backed by a physical commodity
- top point on graph
- use of monetary or fiscal policy changes to kick start a lagging or struggling economy
- an index of the variation in prices paid by typical consumers for retail goods and other items
- an individual retirement account
- complete control over imdustry
- increase of progress
Down
- money granted to help an industry
- policy means by which a government adjusts its spending levels and tax rates to monitor and influence a nation's economy
- smooth out the effects of expansion and contraction in the business cycle by using fiscal and monetary policy
- broadest quantitative measure of a nation's total economic activity
- mass production
- an agreement among the United States, Canada and Mexico designed to remove tariff barriers between the three countries
- a situation when the price charged is more than or less than the equilibrium price
- the less amount of money allowed to get paid when working
- a political theory derived from Karl Marx
- measure of what an entity is worth
- when the demand for a product or service exceeds its supply in a market
- restraining trade between countries through methods such as tariffs on imported goods
- ability to produce a better quality good using the same resources
- known for Wealth of Nations
- if countries specialise in producing goods where they have a lower opportunity cost
- situation in which income exceeds expenditures
- measurement of "useful-ness" that a consumer obtains from any good
- international trade left to its natural course without tariffs, quotas, or other restrictions
- an account that is used to set aside funds to be used in an emergency
- hands off government
- bottom point on graph
- government program guaranteeing access to some benefit by members of a specific group and based on established rights or by legislation
- used by economists to predict future economic activity
- situation when the price charged is more than or less than the equilibrium price
- everyone is eligible to work
- decline of progress
- resource that exceeds the portion that is utilized
- a state of limited competition
50 Clues: low supply • mass production • top point on graph • decline of progress • hands off government • increase of progress • bottom point on graph • known for Wealth of Nations • also known as the "the Fed" • everyone is eligible to work • complete control over imdustry • a state of limited competition • an individual retirement account • money granted to help an industry • ...
Micro-Economics 2023-10-31
Across
- it is limited goods or services, limited time, or limited abilities to achieve the desired ends.
- Entities who determine the market demand
- the secret sauce that combines all the other factors of production into a product or service for the consumer market.
- the consumers' desire and willingness to pay for a product or service at a given price and time
- typically refers to money.
- measures the responsiveness of one economic variable to a change in another.
- the use of goods and services by households.
- is a measure of the responsiveness of the quantity demanded of a good to a change in its price.
Down
- any expenses that change based on how much a company produces and sells.
- a business organisation such as a corporation that produces and sells goods and services with the aim of generating revenue and making a profit.
- It is a social science where individual, firms and the society deals with limited resources and unlimited needs and wants.
- the amount of money, property, and other transfers of value received over a set period of time in exchange for services or products.
- the process of making or manufacturing goods and products from raw materials or components.
- an expense that does not change when sales or production volumes increase or decrease.
- used to predict what customer demand will be for a product or service, with varying levels of specificity.
- the rate of increase in prices over a given period of time.
- the amount gained by selling a product, and it should be mor
- the effort expended by an individual to bring a product or service to the market.
- refers to the number of goods and services suppliers can make available at a particular price.
- the amount of money that a buyer gives to a seller in exchange for a good or a service.
20 Clues: typically refers to money. • Entities who determine the market demand • the use of goods and services by households. • the rate of increase in prices over a given period of time. • the amount gained by selling a product, and it should be mor • any expenses that change based on how much a company produces and sells. • ...
Resource Economics 2023-10-16
Across
- A type of land
- "A win/lose situation.
- What helps.
- Do one thing very well.
- "A win-win situation.
- A plan to get what you want.
- Cost to get what we need.
- Not enough stuff.
- What doesn’t help.
- +1) + (You -1) = 0"
- Many different kinds.
- “I give you X, you give me Y.”
- Way to trade value, not things.
- How well/ cheap can do things.
Down
- Used to make what we need.
- More than enough stuff.
- "What we can’t do b/c we’re busy.
- How we get what we need.
- Do some of everything.
- A, then not B, C, D."
- +1) + (You +1) = 2"
- Hard to change direction.
- Trade thing for thing (not money).
23 Clues: What helps. • A type of land • Not enough stuff. • What doesn’t help. • +1) + (You +1) = 2" • +1) + (You -1) = 0" • "A win-win situation. • A, then not B, C, D." • Many different kinds. • "A win/lose situation. • Do some of everything. • More than enough stuff. • Do one thing very well. • How we get what we need. • Cost to get what we need. • Hard to change direction. • ...
Economics Crossword 2023-11-20
Across
- Aim is to generate profit.
- Who is buying a good?
- How much demand changes.
- Money made before expenses?
- Too much production?
- "Holding other things constant."
- Highest valued alternative?
- Something essential to survival.
Down
- What do people buy rarely?
- When two align.....
- Aim is to provide services to the public.
- Desire for goods, etc.
- What do people usually buy?
- How much of something there is.
- Too much wants?
- Machines, buildings, or resources used to produce.
- How much money is really made?
- What do people buy when they earn less?
- Intangible.
- How much consumers want something.
20 Clues: Intangible. • Too much wants? • When two align..... • Too much production? • Who is buying a good? • Desire for goods, etc. • How much demand changes. • What do people buy rarely? • Aim is to generate profit. • What do people usually buy? • Money made before expenses? • Highest valued alternative? • How much money is really made? • How much of something there is. • ...
Economics Intervention 2024-02-10
Across
- When you are willing and able to buy something
- Output per worker per hour
- Economic sector including building and manufacturing
- Willingness and ability to provide a good/service
- When there are only a few sellers
- Responsiveness to changes (e.g. in demand)
- When a place focuses on being very good at one thing
- Goods that compete for demand
- Factor of Production - the reward is profit
Down
- ____ costs = costs that do not change with output
- Market ____ = when resources are misallocated
- Goods and services that are desirable
- Costs/benefits to those outside the transaction
- ___ pay = pay before deductions
- Goods commonly sold together
- Point where demand and supply meet
- When there is only one seller
- VAT is an _____ tax
- Economies of ____ = higher output = lower average costs
- Resources that are finite/can run out are ____
20 Clues: VAT is an _____ tax • Output per worker per hour • Goods commonly sold together • When there is only one seller • Goods that compete for demand • ___ pay = pay before deductions • When there are only a few sellers • Point where demand and supply meet • Goods and services that are desirable • Responsiveness to changes (e.g. in demand) • ...
Economics Review 2023-03-02
Across
- few large sellers dominate industry
- based on tradition
- owned by one person
- central authority
- identical products
- desire to own something
- minimum
- amount of goods available
- the quantity of money available in economy
- dividend
- not having enough resources to meet demand
- natural resources
Down
- greater quantity demanded
- cease owner
- revenue-cost
- tools/equipment
- most countries have this form of economy
- workforce
- the people make decisions
- supply and demand meet
- land,labor,capital,entrepreneurship
- maximum
- only one seller
- greater supplied
- owned by two or more people
25 Clues: minimum • maximum • dividend • workforce • cease owner • revenue-cost • tools/equipment • only one seller • greater supplied • central authority • natural resources • based on tradition • identical products • owned by one person • supply and demand meet • desire to own something • greater quantity demanded • the people make decisions • amount of goods available • owned by two or more people • ...
Economics Review 2023-03-03
Across
- You and your family
- Board of directors are held legally liable and can be sued for not running company properly.
- A condition that results from a society not having enough resources to produce all of the things people need or want.
- You have a Surplus if it is above Equilibrium Point. Surplus means that you have too many goods to sell and can't sell all of them.
- The company is taxed on its profits and shareholders are also taxed on any dividends they earn from the company.
- Reach up to touch the Floor. Above the floor, you will have a surplus.
- Owner's personal assets can be seized to pay business debts.
- You have a Shortage if it is below Equilibrium Point. Shortage means that you don't have enough goods to meet demand.
- "Cerberus Poritas (all things being equal), price has a complementary relationship to quantity supplied."
- Ceilings Reach down to touch the Ceiling. Below the ceiling, you have a shortage.
- People of the work force
- A payment made to individuals by the federal government through various social benefit programs.
Down
- A benefit given by the government to institutions or businesses usually in the form of a cash payment or tax reduction.
- Where you purchase goods: McDonalds Restaurant, Walmart Store, Lowes Store, Belk's in the Mall etc.
- "Cerberus Poritas (all things being equal), a change in price is inverse to the relationship to the quantity demanded."
- land, labor, capital, entrepreneurship
- The Optimum Point in which the Demand and Supply curves meet.
- Also known as Capital Goods the are Tools, Equipment, machinery, and Factories used in production.
- Stockholders can't be sued and lose personal things only stock and what corporation owns.
- The Corporation like McDonald Corporation, Lowe's Corporation, Walton Enterprises
- Death of an owner ends the business and it must be reestablished in the new owner's name(s).
- Where you work to make your income: Restaurant, Factories, Retail Stores, Schools, Hospitals
- natural resources
- If the corporation fails, owners of the corporation cannot lose more than what they paid for their stock. (LLC)
- Individual who takes a risk in order to find profit, create jobs, and improve society (MOTIVATION TO START BUSINESS) by doing something different with existing resources
25 Clues: natural resources • You and your family • People of the work force • land, labor, capital, entrepreneurship • Owner's personal assets can be seized to pay business debts. • The Optimum Point in which the Demand and Supply curves meet. • Reach up to touch the Floor. Above the floor, you will have a surplus. • ...
Economics review 2023-03-03
Across
- The price marked by equilibrium point on supply and demand graph.
- unlimited wants but limited resources
- the turnaround point where real GDP stops going down
- point in business cycle where the economy returns to the previous peak
- period where real GDP declines for at least two quarters in a row or six months
- the point where real GDP stops going up
- time period after the economy reaches recovery where real GDP is continuing to grow
- A business owned by stockholders who share in its profits but are not personally responsible for its debts
- The factories and machines used to make goods
- Business owned by one person
Down
- A situation in which quantity demanded is greater than quantity supplied. Below the equilibrium point.
- an item that buyers give to sellers when they want to purchase goods and services
- official money used by the government
- a business owned by two or more people. All partners are responsible for management and financial obligations.
- A situation in which quantity supplied is greater than quantity demanded. Above the equilibrium point
- the cost of the next best alternative
- the mental and physical capacity of workers to produce goods and services
- when GDP begins to go back up when after the economy has hit the trough
- when real GDP begins to go down
- a period of recovery from a recession
- alternative cost
21 Clues: alternative cost • Business owned by one person • when real GDP begins to go down • official money used by the government • unlimited wants but limited resources • the cost of the next best alternative • a period of recovery from a recession • the point where real GDP stops going up • The factories and machines used to make goods • ...
Economics Crossword 2023-03-02
Across
- Economy where it's a mix of all three
- A payment to individuals from the federal Government
- Positive effect of a choice
- Increasing productions of goods and services over time
- Economy where the central authorities make the decisions
- The increase in overall price of goods/services.
- Meant to remove some type of burden
- Human-made resources
- Achieved through pursuing_____.
- Driving force of the economy
Down
- Ensuring that all of those who are willing and able to work are able to
- Economy where people make the decision
- Market Economies typically have more_____.
- Small Change
- Resources
- Resources being allocated to their most productive use
- Economy that is passed down generations
- Fairness within the economy
- "all things being equal"
- protecting individuals and firms from risk
- Workers
21 Clues: Workers • Resources • Small Change • Human-made resources • "all things being equal" • Positive effect of a choice • Fairness within the economy • Driving force of the economy • Achieved through pursuing_____. • Meant to remove some type of burden • Economy where it's a mix of all three • Economy where people make the decision • Economy that is passed down generations • ...
Economics Vocab 2024-02-21
Across
- a table that lists the quantity supplied for a good or service that suppliers throughout the whole economy are willing and able to supply at all possible prices
- measures how much the quantity supplied of a good or service changes when there is a price change
- table that shows the quantity demanded of a good or service
- takes place when the demand and subsequent sales numbers for a particular product decrease as the result of a price increase
- The scenario where the additional unit of a variable factor of production results in higher output per unit, given that all other factors are constant
- the static quantity of a good or service when its price changes
- a direct or indirect payment to individuals or firms, usually in the form of a cash payment from the government or a targeted tax cut
- a table that shows the quantity supplied at each price
- a tabulation of the quantity of a good that all consumers in a market will purchase at a given price
- average fixed cost equals the total variable cost per unit of produced quantity
- the degree to which demand responds to a change in an economic factor
- the increase in revenue that results from the sale of one additional unit of output
- a good that adds value to another good when they are consumed together
- all variables are the same
- taxes levied on specific goods or services like fuel, tobacco, and alcohol
- ongoing expenses incurred from the normal day-to-day of running a business
- an expense that changes in proportion to production output or sales
- the total amount of money that a company earns through the selling of its goods and services, over a time period
Down
- the quantity purchased varies inversely with price
- a given percentage change in price leads to an equal percentage change in quantity demanded or supplied
- the use of population data as a way to study the patterns of behavior among groups of people that impact the economy
- an economic concept used to measure the change in the aggregate quantity demanded of a good or service in relation to price movements of that good or service
- a graph that shows the relationship between price and supply
- costs that are independent of volume
- an item that becomes less desirable as the income of consumers increases
- rules that limit who can enter a business (entry controls) and what prices they may charge
- adding an additional factor of production results in smaller increases in output
- the change in output that results from employing an added unit of labor
- describes how an increase in income can change the quantity of goods that consumers will demand
- indicators that show us the current trends in the economy
- a product or service that consumers see as essentially the same or similar-enough to another product
- as the price of a good or service increases, the quantity of goods or services increases
- An increase in orders and shipments of capital goods
- the cost that is required to produce a product
- the number of goods or services that suppliers will produce and sell at a given market price
- a graphical representation of the relationship between the price of a good or service and the quantity demanded for a given period of time
- an economic theory that predicts how the price of goods and services affects their supply
- the change in total production cost that comes from making or producing one
- a graph that shows the relationship between price and supply
39 Clues: all variables are the same • costs that are independent of volume • the cost that is required to produce a product • the quantity purchased varies inversely with price • An increase in orders and shipments of capital goods • a table that shows the quantity supplied at each price • indicators that show us the current trends in the economy • ...
Economics Project 2024-02-21
Across
- a level of production at which the marginal product of labor decreases as the number of workers increases
- a table that lists the quantity of a good a person buys at various prices in a market
- producers offer more of a good as its price increases and less as its price falls
- describes demand that is very sensitive to a change in price
- the cost of operating a facility such as a factory or store
- a tax on the production or sale of a good
- the change in consumption that results when a price increase causes real income to decline
- a graph of the quantity supplied of a good by all suppliers at various prices
- a latin phrase that means "all other things held constant"
- describes demand that is not very sensitive to price changes
- two goods that are bought and used together
- a graph of the quantity supplied of a good at various prices
- the desire to own something and the ability to pay for it
- the amount that a supplier is willing and able to supply at a specific price
- the total cost divided by the quantity produced
- a graphic representation of a demand schedule
- a chart that lists how much of a good a supplier will offer at various prices
- the cost of producing one more unit of a good
- when consumers react to an increase in a goods price by consuming less of that good and more of a substitution good
Down
- a cost that does not change no matter how much of a good is produced
- a good that consumers demand less of when their incomes increase
- consumers will buy more of a good if the price is lower or less when its price is higher
- A measure of the way quantity supplied reacts to a change in price
- a table that lists the quantity of a good all consumers will buy at various prices
- a good that consumers demand more of when their incomes increase
- a cost that rises or falls depending on the quantity produced
- the additional income from selling one more unit of a good sometimes equal to price
- a chart that lists how much a good all suppliers will offer at various prices
- a level of production in which the marginal product of labor increases as the number of workers increase
- government intervention in a market that affects the production of a good
- the change in output from hiring one additional unit of labor
- a measure of how consumers respond to price changes
- the total amount of money a company receives by selling goods or services
- the amount of goods available
- describes demand whose elasticity is exactly equal to 1
- a government payment that supports a business or market
- a factor that can change
- the sum of fixed cost plus variable cost
- goods that are used in place of one another
- the statistical characteristics of populations and population segments, especially when used to identify consumer markets
40 Clues: a factor that can change • the amount of goods available • the sum of fixed cost plus variable cost • a tax on the production or sale of a good • two goods that are bought and used together • goods that are used in place of one another • a graphic representation of a demand schedule • the cost of producing one more unit of a good • ...
Economics Vocab 2024-02-25
Across
- a tabulation of the quantity of a good that all consumers in a market will purchase at a given price
- an expense that changes in proportion to production output or sales
- a table that shows the quantity supplied at each price
- a product or service that consumers see as essentially the same or similar-enough to another product
- ongoing expenses incurred from the normal day-to-day of running a business
- rules that limit who can enter a business (entry controls) and what prices they may charge
- the static quantity of a good or service when its price changes
- table that shows the quantity demanded of a good or service
- describes how an increase in income can change the quantity of goods that consumers will demand
- a graph that shows the relationship between price and supply
- a graphical representation of the relationship between the price of a good or service and the quantity demanded for a given period of time
- the use of population data as a way to study the patterns of behavior among groups of people that impact the economy
- the number of goods or services that suppliers will produce and sell at a given market price
- the total amount of money that a company earns through the selling of its goods and services, over a time period
- the degree to which demand responds to a change in an economic factor
- The scenario where the additional unit of a variable factor of production results in higher output per unit, given that all other factors are constant
- the cost that is required to produce a product
- adding an additional factor of production results in smaller increases in output
- an economic theory that predicts how the price of goods and services affects their supply
- a graph that shows the relationship between price and supply
- An increase in orders and shipments of capital good
Down
- takes place when the demand and subsequent sales numbers for a particular product decrease as the result of a price increase
- the increase in revenue that results from the sale of one additional unit of output
- costs that are independent of volume
- the quantity purchased varies inversely with price
- a table that lists the quantity supplied for a good or service that suppliers throughout the whole economy are willing and able to supply at all possible prices
- a good that experiences an increase in demand due to an increase in a consumer's income
- a good that adds value to another good when they are consumed together
- the change in output that results from employing an added unit of labor
- average fixed cost equals the total variable cost per unit of produced quantity
- taxes levied on specific goods or services like fuel, tobacco, and alcohol
- an economic concept used to measure the change in the aggregate quantity demanded of a good or service in relation to price movements of that good or service
- measures how much the quantity supplied of a good or service changes when there is a price change
- as the price of a good or service increases, the quantity of goods or services increases
- all variables are the same
- a given percentage change in price leads to an equal percentage change in quantity demanded or supplied
- the change in total production cost that comes from making or producing one
- an item that becomes less desirable as the income of consumers increases
- indicators that show us the current trends in the economy
- a direct or indirect payment to individuals or firms, usually in the form of a cash payment from the government or a targeted tax cut
40 Clues: all variables are the same • costs that are independent of volume • the cost that is required to produce a product • the quantity purchased varies inversely with price • An increase in orders and shipments of capital good • a table that shows the quantity supplied at each price • indicators that show us the current trends in the economy • ...
Economics Vocab 2024-04-19
Across
- the way people earn and spend money
- 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 property and business are owned by the government. The government makes choices about producing and pricing. The consumers have no choice.
- 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 job is to protect property rights.
- the amount the seller has to sell at a particular price
- the money left over after all expenses are paid
- the money received in payment for goods or services (rent, wages, interest)
- the government’s right to take private property for public use as long as they pay a fair price to the owner
Down
- a person who buys goods and services
- individuals own businesses and property rather than the government
- the person who makes the goods
- the things that people sell
- the right to make decisions for an individual’s business or property
- people or businesses offering goods for sale
- an activity that someone is paid to perform
- when different businesses compete for consumers’ money such as Walmart v. Target or Microsoft v. Apple.
- what consumers are willing to buy at a given price
- the name of Adam Smith’s idea of a free market economy
- 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.
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
25 Clues: claim • cobra • policy • perdiem • premium • benefits • coverage • Insurance • inpatient • deduction • uninsured • negligence • Deductible • enrollment • telehealth • coinsurance • beneficiary • contribution • personalrisk • compensation • prescription • policyholder • liabilityrisk • outofpocketmaximum • flexiblespendingaccount
Economics Vocabulary 2024-04-22
Across
- the government’s job is to protect property rights
- the money left over after all expenses are paid
- the name of Adam Smith’s idea of a free market economypPrivate property- individuals own businesses and property rather than the government
- the person who makes the goods
- the government’s right to take private property for public use as long as they pay a fair price to the owner
- 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.
- when different businesses compete for consumers’ money such as Walmart v. Target or Microsoft v. Apple.
Down
- the way people earn and spend money
- the right to make decisions for an individual’s business or property
- 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.
- what consumers are willing to buy at a given price
- a person who buys goods and services
- an activity that someone is paid to perform
- 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.
- 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 amount the seller has to sell at a particular price
- people or businesses offering goods for sale
- the things that people sell
- individuals own businesses and property rather than the government
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 • ...
Applied Economics 2024-04-23
Across
- The misuse of public power in the pursuit of private gain
- Is the order of an individual’s choices and alternatives based on their relative utility
- Excess demand in the market
- Income generated by firms operating in the country
- Refers to the tangible human element in the production process
- Leaving a home country or region
- When either demand or supply shifts, quantity demanded or supplied changes for every price
- Free Market Economy also known as
- One of the considerations when making decisions
- Is considered a social science as it seeks to study humans with empirical tools
- The limited availability of a resource
- The intellectual capacity to organize and put together other factors of production to produce goods and services the society needs
- Because there is scarcity, people must choose which want to satisfy first
- An arrangement where the employee will provide services for the employer, and the service shall be compensated
- Refers to the value of the GDP that is not adjusted for inflation
- A type of economic system that central authority provides the answers to the three economic questions
- Increase in the value of capital goods
- It is the set of all quantities supplied at different price levels
Down
- The condition where people lack the resources to meet their basic needs
- are a group of people who left their home country or region
- Giving everyone the same resources
- Occurs when people are in between jobs or, if they do not have work, are actively seeking it
- Cost- What we give up by choosing something else
- Excess supply in the market
- Income generated by the labor force
- Giving more to those who need more
- Refers to investments made to improve production
- Spending by firms and households on capital and long-term goods
- A type of economic system that answers economic questions through the honoring of tradition and established trends
- Refers to resources that can be attributed to the land or the sea
- A type of economic system that has little to no government intervention
- Is arriving at another country or region
- It is the set of all quantities demanded at different price levels
- A type of economic system that takes the best characteristics from each of the other three systems
- Income that comes from the ownership of land
- A type of GDP that focuses on the value of goods and services produced in each time with constant prices
- Group of people from the Philippines who live and work in another country temporarily
- The curve shows the change in quantity given a price change
- Purchase of goods by individuals and households
- are people who leave one country or region to settle in another
40 Clues: Excess demand in the market • Excess supply in the market • Leaving a home country or region • Free Market Economy also known as • Giving everyone the same resources • Giving more to those who need more • Income generated by the labor force • The limited availability of a resource • Increase in the value of capital goods • Is arriving at another country or region • ...
economics vocab 2024-03-20
Across
- that relies on cultural customs, beliefs, and other traditions for economic
- an economy in which production, investment, prices, and incomes are determined centrally by a government.
- (in the former Soviet Union) the policy or practice of restructuring or reforming the economic and political system. First proposed by Leonid Brezhnev in 1979 and actively promoted by Mikhail Gorbachev, perestroika originally referred to increased automation and labor efficiency, but came to entail greater awareness of economic markets and the ending of central planning.
- a unique partnership between 27 European countries
- the campaign undertaken by the Chinese communists between 1958 and early 1960
- a political theory derived from Karl Marx, advocating class war and leading to a society in which all property is publicly owned and each person works and is paid according to their abilities and needs.
- (especially in the former Soviet Union) a government plan for economic development over five years. The first such plan in the Soviet Union was inaugurated in 1928
- a small printed piece of paper that entitles the holder to a discount, or that may be exchanged for goods or services.
- the act or policy of joining several private farms, industries, etc. together so that they are controlled by the community or by the state.
- occurs when a government-owned business, operation, or property becomes owned by a private, non-government party
- (in Japan) a conglomeration of businesses linked together by cross-shareholdings to form a robust corporate structure.
- an illegal traffic or trade in officially controlled or scarce commodities.
- a measurement of population per unit land area
- an economic and political system in which a country's trade and industry are controlled by private owners for profit.
Down
- a long and severe recession in an economy or market.
- an economic metric that breaks down a country's economic output per person.
- (of a business or industrial process) requiring the investment of large sums of money.
- societies or governments organize and distribute available resources, services
- an economic system in which production and prices are determined by unrestricted competition between privately owned businesses.
- the transfer of a major branch of industry or commerce from private to state ownership or control.
- union or fellowship arising from common responsibilities and interests, as between members of a group or between classes, peoples, etc
- The State Planning Committee, commonly known as Gosplan was the agency responsible for central economic planning in the Soviet Union.
- an economic system combining private and public enterprise.
- a regular gathering of people for the purchase and sale of provisions, livestock, and other commodities.
- policy or practice based on the political and economic theory of socialism.
25 Clues: a measurement of population per unit land area • a unique partnership between 27 European countries • a long and severe recession in an economy or market. • an economic system combining private and public enterprise. • an economic metric that breaks down a country's economic output per person. • ...
Economics 2 2024-03-21
Across
- - things of value, both tangible and intangible, in the context of accounting, owned by a business
- - profitable
- - the difference between the credits and debits on an account; the amount of money on a bank account
- - a building or room where people perform their jobs, or these places generally; also used abstractly
- - money used in a particular country
- to pay money back to a lender
- - fee paid to an agent or insurance salesperson as a percentage of the policy premium
- - an arrangement with a bank or another financial institution whereby the customer can deposit and withdraw money in cash as well as other forms such as cheques or by electronic means.
- - a document that requires information to be entered on it
- the money charged for a particular service
- - costs incurred by a business which are not directly related to the product and/or service being sold
- - a tax added to the price of most goods and services; certain goods and services are exempt such as certain food and children's' clothes
- - the scope of protection that is provided by an insurance policy
- - 1) the state of being liable; 2) anything for which a person is liable
- - a loan from a bank in order to buy a house/property
- - the money paid by a person/organisation to borrow money or buy something on credit; money given to a saver for making an investment
- - a proportion of a company's earnings paid to shareholders either annually or quarterly
- - the amount of money that is being loaned
- - to increase sales or exposure using advertising; to promote
- - person(s) or organizations receiving the benefit of an insurance policy
- - a record of transactions in a bank account
- - a person who maintains and reviews financial records for a company; the accountant may be employed by another company or employed in-house
- - a person employed to advertise a promote a person, product, service or even a cause
- - a cash machine
- - to be legally obliged to pay for damage, injury, losses, etc.; responsible; n. - liability
- - (1) the chance or possibility of damage, injury or loss; (2) the person or thing giving rise to risk
- - payment of debt in full; also v. to settle
- - a form of debt instrument, allowing governments and companies to raise capital
Down
- - to put money into a business, venture, project, structure, instrument etc. from which it is hoped a profit will be generated
- - trading goods and services via the internet
- - a danger, risk, peril
- - a means of establishing the size of the audience of a television or radio show, used to set advertising fees
- - the money paid for insurance: monthly, quarterly, semi-annually, yearly
- - death, injury, damage etc that forms the basis for a claim; v. - to lose
- - to remove an employee from their position, especially because they have done something wrong
- - a piece of paper money
- - money in the form of notes and coins rather than cheques
- - a contract of insurance, e.g. a product liability policy
- - a person who holds an interest-bearing account
- - the first sale of share in a company which results in the company being listed on a stock exchange
- - 1) the share of a company owned by shareholders; 2) stocks/shares
- - money that a person or organisation owes to another person or organisation; a duty to pay off a debt
- - a small piece made of metal which is used as money
- - the activity of managing how an organisation, service, product, person or cause is perceived in society or a particular part of society
- - the process of choosing keywords to direct internet traffic to a particular website via search engines
- - to provide insurance for something
- - a person who receives something
- - a written or verbal statement made by a person who has bought or used a product or service. It is published, normally within advertising material, to promote the product or service.
- - a person who assesses something, normally an accountant who reviews the annual accounts of a company
- - something owed by a person or organisation to another person of organisation
- - to use publicity and advertising to raise the profile of something or someone or to try and increase sales
- - an application for payment under an insurance policy; v. - to make a claim
- - any activity (withdrawal, deposit, etc.) performed by the holder of an account
- - material designed to generate interest or sales of a product, service, person, event or cause; n. (abs) - unwanted or sought after attention
- money lent by a financial institution that must be repaid with interest - also v.
- - money that has been saved
- - a person or organisation selling securities
- - money received during a particular period of time, normally for products or services (a company) or labour (an employee) but also from financial investments
58 Clues: - profitable • - a cash machine • - a danger, risk, peril • - a piece of paper money • - money that has been saved • to pay money back to a lender • - a person who receives something • - money used in a particular country • - to provide insurance for something • the money charged for a particular service • - the amount of money that is being loaned • ...
Health Economics 2024-09-01
Across
- - Government levy on income or purchases.
- Technology - Tools and devices used to improve health outcomes.
- - Financial help.
- - Advantage from a service.
- - Insurance protection.
- - Study of resource allocation in health.
- - Inefficient distribution.
- - Satisfaction from a service.
- - Splitting healthcare expenses.
- - Shared percentage of costs.
- - Best use of resources.
- - Financial support.
- - Entity that finances healthcare.
- - Market with one provider.
- - Distributing resources.
- - Desire for goods or services.
Down
- - Results of healthcare services.
- - Motivation for behavior.
- - Healthcare service giver.
- - Response of demand to price change.
- - Fairness in resource distribution.
- - Availability of healthcare.
- - Distribution of resources.
- - Rules governing services.
- - Availability of goods.
- - Healthcare receiver.
- - Insurance for seniors.
- - Limited availability of resources to meet unlimited wants.
- - Repay expenses.
- - Higher-risk people buying insurance.
30 Clues: - Financial help. • - Repay expenses. • - Financial support. • - Healthcare receiver. • - Insurance protection. • - Availability of goods. • - Insurance for seniors. • - Best use of resources. • - Distributing resources. • - Motivation for behavior. • - Healthcare service giver. • - Advantage from a service. • - Inefficient distribution. • - Rules governing services. • ...
Economics Puzzle 2024-06-07
Across
- Human effort in production
- Factors used in producing goods and services
- Benefit Comparing the cost to the benefit
- Spotify, Netflix, and Apple Music are examples of...
- Starting and creating a business
- When a sum of money is too small
- Financial resources
- Physical and organizational structures needed for the operation of a society
- One who creates goods and services
- Discouraged from doing something
- Responsible for leading a company
Down
- The study of how society chooses to use scarce resources to satisfy unlimited wants and needs
- Motivates to act
- Cost Trade-off
- Not enough (limited)resources across
- Increases in general prices
- opportunity costs
- People who purchase goods and services
- Factors of production
- One who engages in buying and selling
20 Clues: Cost Trade-off • Motivates to act • opportunity costs • Financial resources • Factors of production • Human effort in production • Increases in general prices • Starting and creating a business • When a sum of money is too small • Discouraged from doing something • Responsible for leading a company • One who creates goods and services • Not enough (limited)resources across • ...
Economics Review 2024-08-29
Across
- A significant, widespread, and prolonged downturn in economic activity
- The study of how people use limited resources to satisfy limitless wants
- A tax on imports or exports
- A measurement of all the goods and services produced in a country in a given year
- During a severe winter, most of the strawberry crop in the country is destroyed. What will happen to the price of strawberries?
- To support the Ukraine, the U.S. has banned most trade and financial transactions with Russia and others. This is an example of a(n) ______
- One of the four Factors of Production
- "That's a great sale on ear buds. I'll get a pair for myself and a pair for my sister for her birthday." This is an example of what principle?
- Type of economy where the laws of supply and demand determine price, and what and how much will be produced
- A fall in the purchasing power of money due to rising prices
- The U.S. would be an example of a _____ economy
Down
- The participant in an economy that both produces and consumes
- "If it take this job, I may not be able to got to college and receive my degree."
- The wealth and resources of a country or region in terms of production and consumption of goods/services
- A part of an economy that attempts to resolve market failures
- Being sold out of tickets for a concert you want to attend, would be an example of __________.
- A company that buys computer chips from Japan and sells them to companies in the U.S. is involved in what type of business?
- In the strawberry example, what economic principle is at play
- Type of economic system in which the government makes all decisions about production
- A severe and long lasting recession, marked especially with increased unemployment
- A $5,000 cocktail dress would be an example of a ______
21 Clues: A tax on imports or exports • One of the four Factors of Production • The U.S. would be an example of a _____ economy • A $5,000 cocktail dress would be an example of a ______ • A fall in the purchasing power of money due to rising prices • The participant in an economy that both produces and consumes • A part of an economy that attempts to resolve market failures • ...
applied economics 2024-09-28
23 Clues: cost • price • level • curve • power • level • curve • floor • demand • growth • growth • system • economy • approach • Scarcity • ceilings • of demand • inequality • development • equilibrium • distribution • unemployment • market economy
applied economics 2024-10-08
Across
- are negative reasons that cause people to leave their homes.
- System that dictates how resources are allocated to different sectors of society.
- Tangible targets that almost all economies strive towards.
- is the point where quantity supplied is equal to quantity demanded.
- people who leave one country or region to settle in another.
- is when labor supply is greater than labor demand.
- Occurs when people are in between jobs or, if they do not have work, are actively seeking it
- happens when labor demand is greater than labor supply
- It is the set of all quantities supplied at different price levels.
- The amount of labor that is being hired at the equilibriumwage is called
- enter and settle in a foreign country
- The intellectual capacity to organize and put together other factors of production to produce goods and services the society needs.
- Seeks to understand how choices are made
- giving everyone the same resources.
- Investments made toward improving the human element of production
- are workers who engage in hard manual labor.
- One of the key goals of AmBisyon 2040
- are compulsory contributions to the government
- Economic development that meets meets the needs of the present without compromising the needs of future generations
- Subset of economics that focuses on aggregatesand groups of agents
- As the price of goods and services increases, the quantity demanded decreases.
- is the amount of labor employers seek to hire over a period of time
- is the price of every unit of a foreign currency valued in the domestic currency.
- Goods that are demanded or consumed in place of another good
- are peoplewho, because of aproblem in their formerhome, have immigratedto a new country orregion.
- Refers to the tangible human element in the production process
- A person is unemployed if they are actively seeking work but are unable to find any.
Down
- Includes the monetary costs, time, and effort
- Because there is scarcity, people have to choosewhich wants to satisfy first.
- An arrangement where the employee will provide services for the employer.
- Refers to resources that can be attributed to the land or the sea.
- Measure of the welfare of an economy’s members
- The government may support, or even require, rules that set high qualifications for certain jobs.
- are special grants by the government in financial aid, tax exemptions, or privileges.
- excess demand in the market
- Also known as socialism or communism
- When people are required to have more education, training, and skills, it can cause a decrease in labor supply.
- Physical tools and equipment that make production more efficient
- is the price where both the price for the quantity demanded is equal to the price for the quantity supplied.
- are known as suit-and-tie workers who do professional, desk, managerial, and administrative work.
- When either demand or supply shifts, quantity demanded or supplied changes for every price.
- The condition where people lack the resources to meet their basic needs.
- The quantity demanded and quantity supplied at equilibrium is also called
- It is the number of units that a seller is willing to produce at any given price.
- are positive aspects that attract people to moveto another region or location.
- are goods and services that vary inversely with income.
- consists of labor demand or the number of labor employers seek to hire and labor supply or the amount of labor offered for hire.
- The limited availability of a resource, good, or service
- fairness, giving more to those who need more.
- is the order of an individual’s choices and alternatives based on their relative utilit
- Goods that are demanded or consumed along with other goods.
- The satisfaction or usefulness the consumption of a good can bring
- Refers to investments made to improve production.
- are price floors for labor.
- The overall expansion of an economy
- the price of goods and services increases, the quantity supplied also increases.
- is the amount of labor offered for hire over a particular period.
- Any improvement in production enable firms to produce more.
- Subset of economics that focuses on the decisions of smaller agents.
- The misuse of public power in the pursuit of private gain.
60 Clues: excess demand in the market • are price floors for labor. • giving everyone the same resources. • The overall expansion of an economy • Also known as socialism or communism • enter and settle in a foreign country • One of the key goals of AmBisyon 2040 • Seeks to understand how choices are made • are workers who engage in hard manual labor. • ...
Economics Vocab 2023-04-14
Across
- after tax pay or take home pay
- What employees earn before taxes
- items or amounts constituting a state's income.
- Also called "paycheck", it is what you get when you are paid
- money received on a regular basis for working
- have to file these forms if self employed
- form for the employer that tells about employee filing status etc.
- an expense that can be subtracted from a taxpayer's gross income in order to reduce the amount of income that is subject to taxation
- the tax you pay on your annual income to the federal government
Down
- Fixed payment from employer to employee (annually paid)
- tax rate that increases as taxable income icreases
- illegal nonpayment of taxes
- lasts from january 1st-15th
- Forms to verify the identity and employment authorization
- Federal Insurance Contributions Act
- tax form used for personal federal income tax returns
- Fixed payment from employer to employee
- tax form used in the United States to report wages paid to employees
- a mandatory payment or charge collected by local, state, and national governments
- the revenue service for the United States federal government
20 Clues: illegal nonpayment of taxes • lasts from january 1st-15th • after tax pay or take home pay • What employees earn before taxes • Federal Insurance Contributions Act • Fixed payment from employer to employee • have to file these forms if self employed • money received on a regular basis for working • items or amounts constituting a state's income. • ...
economics vocab 2023-04-21
Across
- individuals own businesses and property rather than the government
- what consumers are willing to buy at a given price
- the money received in payment for goods or services (rent, wages, interest)
- the way people earn and spend money
- an activity that someone is paid to perform
- 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 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 name of Adam Smith’s idea of a free market economy
- the things that people sell
Down
- the right to make decisions for an individual’s business or property
- 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 person who makes the goods
- the government’s job is to protect property rights.
- when different businesses compete for consumers’ money such as Walmart v. Target or Microsoft v. Apple.
- 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.
- people or businesses offering goods for sale
- a person who buys goods and services
- the money left over after all expenses are paid
- the government’s right to take private property for public use as long as they pay a fair price to the owner
- the amount the seller has to sell at a particular price
20 Clues: the things that people sell • the person who makes the goods • the way people earn and spend money • a person who buys goods and services • an activity that someone is paid to perform • people or businesses offering goods for sale • the money left over after all expenses are paid • what consumers are willing to buy at a given price • ...
Economics Vocab 2022-12-13
Across
- A decision by a corporation to turn over much of the responsibility for production to independent suppliers.
- A service that primarily meets the needs of individual consumers, including retail, education, health, and leisure services.
- These factors result from the unique characteristics of a location. These are labor, capital, and land.
- 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.
- A market center for the exchange of services by people attracted from the surrounding area.
- 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.
- Makes something that gains volume or weight during production.
- The maximum distance people are willing to travel to use a service.
- trade An institutional arrangement designed to help producers in developing countries achieve better trading conditions. Members of the fair trade movement advocate the payment of higher prices to exporters, as well as improved social and environmental standards.
- Focuses on meeting the needs of the present without compromising the ability of future generations to meet their needs. The concept of sustainability is composed of three pillars: economic, environmental, and social—also known informally as profits, planet, and people.
- area The area surrounding a central place from which people are attracted to use the place’s goods and services (also known as hinterland).
- A commodity, article, or service sold abroad (to a foreign country).
- A commodity, article, or service brought in from abroad (a foreign country) for sale.
- The area surrounding a central place from which people are attracted to use the place’s goods and services (also known as market area).
- Manufacturing based in homes rather than in factories, most common prior to the Industrial Revolution.
- 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 type of operation or industry that involves extracting or refining natural resources, such as mining, agriculture, forestry, and fishing.
- A process that links people around the world as a result of shared activities and interests. Fueled by technology and an expanding communication network, globalization creates cultural, social, environmental, health, and economic connections among countries.
Down
- 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 community’s collection of basic businesses.
- International trade left to its natural course without tariffs, quotas, or other restrictions.
- Shipment of parts and materials to arrive at a factory moments before they are needed.
- A service that primarily meets the needs of other businesses, including professional, financial, and transportation services.
- A business that sells its products or services primarily to consumers outside the settlement.
- Economic activities that involve the processing of raw materials (primary products). Examples would include turning timber into furniture and turning iron-ore into steel. Any factory can be seen as a system involving inputs (e.g. timber) processes (e.g. cabinet making) and outputs (e.g. tables and chairs).
- 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.
- The tertiary economic activity or service sector encompasses the production of services instead of end goods that meet the needs of individuals.
- 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.
- The minimum number of people needed to support a service.
30 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. • The maximum distance people are willing to travel to use a service. • ...
Economics Crossword 2023-02-06
Across
- The construct which concerns individuals over a certain age who are not actively engaged in paid job or self-employment but are open to employment during the reference period.
- A service or use that a customer, business, or government is willing to pay for
- A discipline of economics that examines how an economy functions overall, including its composition, behavior, and decision-making.
- An increase in an economy's overall price level for products and services.
- growth The rise or improvement in the market value of the products an economy produces in a given fiscal year, adjusted for inflation.
- A discipline of conventional economics that investigates how people and businesses behave when deciding how to distribute scarce resources and how these people and businesses interact.
- The actions shown when people just base their decisions on personal preferences.
- deficit A situation where a country imports more than it exports.
- An economic strategy intended to increase exports while reducing imports in a given economy.
- of trade The difference in currency terms between a country's exports and imports over a specific time period.
- The quantity of a resource that businesses, producers, workers, financial asset providers, or other economic agents are willing and able to offer to the market or to a particular customer.
- The person acting as a coordinator in a capitalist society. They shift different resources, both material and immaterial, to encourage capital formation.
Down
- The commitment of funds to the acquisition of an asset with the hope that its value would rise over time.
- of payments The difference between all of the country's financial inflow over a specific time period and its financial outflow to other countries.
- economics The branch of economic theory that emerged in the late 18th and early 19th centuries, particularly in Britain. It promoted laissez-faire principles and the notion of free competition, focusing on economic expansion and economic freedom.
- The effort put forth to generate commodities and services in an economy on a physical, intellectual, and social level.
- surplus An economic indicator of a favorable trade balance, where an exporting nation's exports outpace its imports.
- Products that meet human needs and are useful
- The amount of a good that buyers are willing and able to buy at different prices during a specific period of time.
- The economic strategy of limiting imports from other nations using tools like import taxes, import quotas, and various other government laws.
- When an item or service is in more demand than offered, the supply is insufficient to meet demand.
- What inputs—goods and services—are employed in the manufacturing process to produce output.
- The monetary amount that one party pays or receives from another in exchange for goods or services.
- Something that makes production more efficient, effective, or affordable.
24 Clues: Products that meet human needs and are useful • deficit A situation where a country imports more than it exports. • Something that makes production more efficient, effective, or affordable. • An increase in an economy's overall price level for products and services. • A service or use that a customer, business, or government is willing to pay for • ...
Economics Vocabulary 2023-01-28
Across
- Food, water, and shelter are all examples of ____.
- Johnny gave away 1 apple to get 2 bananas.
- Johnny sells his apples for $2 while Tim sells his apples for $1.50.
- Johnny starts selling apples without the government approval.
- Johnny wants to start selling apples because he knows he will make money.
- The USA is a market ______.
- There are not enough pencils for everyone to have one.
- Childcare and education are examples of ___.
- Johnny mows the lawn 2x faster that Tim
Down
- Johnny got great economic ____ from the printer he bought.
- A salary increase is an example of a(n) ___.
- Machinery, equipment,and vehicles are all examples of ____.
- Johnny bought apples at the ______.
- Choosing public transportation over your car to save gas money.
- Running a small business is an example of a(n) ______.
- Johnny baught an apple and is very satisfied.
- Water, oil, and coal are all examples of ____.
- If Tim buys an apple from Johnny, Tim is a(n) _____
- I ___ candy.
- House cleaning is an example of a(n) _____.
- If Johnny buys his apples from the farmer , the farmer is a(n) _____
- cars and clothes are examples of _____
- Elon musk has a great amount of _____.
23 Clues: I ___ candy. • The USA is a market ______. • Johnny bought apples at the ______. • cars and clothes are examples of _____ • Elon musk has a great amount of _____. • Johnny mows the lawn 2x faster that Tim • Johnny gave away 1 apple to get 2 bananas. • House cleaning is an example of a(n) _____. • A salary increase is an example of a(n) ___. • ...
Micro economics 2022-06-14
Across
- conditions that make it difficult to enter a market
- The amount of a good or service available
- the amount a producer sets the price of a good
- A market structure where there is only a single firm
- A market condition where the quantity demanded is more than what is supplied
- The study of a household, business firm, or any other economic agent's behavior
- an economic condition where the quantity available is higher than the quantity demanded
- What you give up for something else
- revenue minus the cost
- a type of good where quantity demanded increases when consumer income increases
Down
- a situation where a producer uses all available resources to produce a single well in order to trade for another desired good
- a condition in the market where there is no change
- a type of good where the quantity demanded decreases when consumer income increases
- a place or institution where consumers and producers come together to exchange goods or currency
- someone who buys a good or service
- The curve is downward sloping and is the willingness to pay for a good or service
- factors of production and materials necessary
- A market structure where there are only a few firms that control the market
- The amount of satisfaction gained from buying a good or service
- the total cost divided by the level of output
- The contest between organizations to provide similar products or services to the same consumers
21 Clues: revenue minus the cost • someone who buys a good or service • What you give up for something else • The amount of a good or service available • factors of production and materials necessary • the total cost divided by the level of output • the amount a producer sets the price of a good • a condition in the market where there is no change • ...
Economics Crossword 2022-09-21
Across
- An item which is necessary for survival (ex.water)
- satisfy the same set of goals or preferences (ex.Hamburger and pork)
- An individual who purchase goods or services (ex.customers)
- Things that can not be perceived by touch (ex.copyright)
- Goods that help complete another in some way (ex. ketchup and hamburger buns)
- Equipment, building, money, which is used to produce goods and services (ex.vehicles)
- A type of economy where a combination of consumers, businesses and government make the decisions (Ex.Canada)
- State of the economy where there is an increase in output, income, employment, prices and profit
- The amount of goods/services people are willing to buy at certain prices
- 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)
- 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 expensive item that can be seen/touched but is not necessary for survival (ex.sports car)
- People/businesses which buy goods/services (ex.people)
- Using new technology, materials or processes to improve existing products, or on how they are produced and distributed (ex.electric cars)
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)
- 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)
- Raw materials we get from earth, water and air (ex.cotton)
- An essential item for survival which can be seen and/or touched (ex.food)
- General increase in the price of goods and services over a period of time
- Goods which are used together (ex.phone+data)
- An item which is able to be seen and/or touched (ex.pencil)
- An item which is not necessary for survival but adds pleasure/comfort to life (ex.playstation)
- Amount of goods/services businesses are willing and able to sell at certain prices
- State of the economy where there are large unemployment rates, a decrease in income, and standard of living decreases (ex.Great Depression)
- Assistance provided which satisfied needs/wants of people/businesses but is not a product that can be touched (ex.babysitting)
27 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 Vocabulary 2022-08-19
Across
- Division of resources
- A way to exchange goods and services
- budgeting lose some x for y
- how much output from given input
- seperation of work into different tasks
- assets of a company for production
- people with knowledge and skills
- objects used in production
- satisfaction from good or service
- the value of all assets owned by etc.
- commodity produced for buyer
- increased production of good or service
Down
- worth of good or service
- In short supply
- Can live without and can't live without
- Item bought
- benefits someone can miss out on
- An activity use goods,labor,capital
- focus on one good or service to be best
- 2 parties freely trade goods
- intangible act paid for buy buyer
21 Clues: Item bought • In short supply • Division of resources • worth of good or service • objects used in production • budgeting lose some x for y • 2 parties freely trade goods • commodity produced for buyer • benefits someone can miss out on • how much output from given input • people with knowledge and skills • intangible act paid for buy buyer • satisfaction from good or service • ...
ECONOMICS CROSSWORD 2023-09-12
Across
- a good that can be used in place of another good, such as Coke and Pepsi.
- 2 words - a maximum price set by the government
- 2 words - a minimum price set by the government
- 2 words - efforts by local, state, and federal governments to redistribute money to those in need for which there are no goods or services exchanged
- 2 words - a graphical representation of the Law of Supply, showing the relationship between price and quantity supplied
- mandatory contribution levied on individuals or corporations by a government entity—whether local, regional, or national
- How the Law of Supply describes the relationship between price and quantity supplied
- when the quantity demanded exceeds the quantity supplied at a given price
- direct or indirect payment to individuals or firms, usually in the form of a cash payment from the government or a targeted tax cut
- 2 words - the difference between what consumers are willing to pay for a good or service and what they actually pay for it
- 2 words - a graphical representation of the Law of Demand, showing the relationship between price and quantity demanded
- Government actions to influence specific aspects of the economy at a microeconomic or macroeconomic level
Down
- 4 words - It states that -- ceteris paribus -- as the price of a good or service increases, the quantity supplied for that good or service also increases.
- 2 words - the difference between the price a producer receives for a good or service and the minimum price they are willing to accept
- the point at which the quantity demanded equals the quantity supplied, resulting in a stable market price
- 4 words - It states that as the price of a good or service decreases -- ceteris paribus -- the quantity demanded for that good or service increases.
- it measures how sensitive quantity demanded is to changes in price
- 2 words - all other things being equal;factors other than price remain constant
- it measures how sensitive quantity demanded is to changes in price of other goods or services
- it measures how sensitive quantity demanded is to changes in income
- 2 words - the lowest payment that a worker may be paid, as mandated by the government
- the relationship between price and quantity demanded according to the Law of Demand
- when the quantity supplied exceeds the quantity demanded at a given price
- a good that is typically consumed together with another good, like hot dogs and hot dog buns
24 Clues: 2 words - a maximum price set by the government • 2 words - a minimum price set by the government • it measures how sensitive quantity demanded is to changes in price • it measures how sensitive quantity demanded is to changes in income • a good that can be used in place of another good, such as Coke and Pepsi. • ...
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
- Goods and services sold to other countries
- How much something is worth
- Created as a result of process
- A person who employ workers to producer goods and services
- Where buyers and sellers interact
- A picture or a symbol representing a business
- Putting money aside to spend on a later date
- People who buy your product
- The study of individual
- Knowledge about the production, consumption, transfer of money
- The money paid to the government depending on your level of income
- Action of buying and selling goods and services
- Coal is an example of __ factors of production
- Valuable thing to pay some goods or service
Down
- The type of money that circulates in different countries
- Input factor classified as skilled, semiskilled and unskilled
- Macroeconomics deals with
- A good or service that is required for survival
- The situation that exists when there are not enough resources to meet human wants
- Consumer's desire and willingness to pay a price for good
- A luxury item
- Amount of money required to pay for a good or service
- The money used to start a business
- The sudden rise in price
- Type of economy that uses elements of all three
- Reward paid for unskilled labour
26 Clues: A luxury item • The study of individual • The sudden rise in price • Macroeconomics deals with • How much something is worth • People who buy your product • Created as a result of process • Reward paid for unskilled labour • Where buyers and sellers interact • The money used to start a business • Goods and services sold to other countries • ...
Economics Terms 2022-11-01
Across
- the money you actually get to take home and spend after deductions
- IRS requires employers to report wage and salary information for employees on this form
- one of the official documents (most common one) that US taxpayers use to file their annual income tax
- a document that is provided with each paycheck and that shows the amount of money that the employee earned and the amount that was removed for deductions
- collects income taxes for the Federal Government
- higher rates of tax on higher levels of income
- cash amounts taken out of the emoployee's gress wages that include taxes and contributions
- income received from taxes by a government
- verifies identity and employment authorization of individuals hired for employment in the US
- a federal payroll tax that is deducted from each paycheck for medicare and social security
Down
- if you are an independent contractor or self-employed, the work you do may be the same as an employee, but will recieve an earnings statement on this form
- money an individual or business receives, usually in exchange for providing a good service or through investing capital
- an illegal activity in which a person or entity deliberately avoids paying a true tax liability
- the time period, generally between Jan 1 and April 15 of each year, when individual taxpayers prepare financial statements and reports for the previous year and submit their tax returns
- IRS tax form that is filled out by employees to indicate their tax situation to their employer
- the money you earn before any deduction
- provides for national programs such as national defense, veterans and foreign affairs, social programs, law enforcement, and interest on the national debt
- the amount per hour people are paid
- the amount per year people are paid
- a required payment to a local, state, or national(federal) government
20 Clues: the amount per hour people are paid • the amount per year people are paid • the money you earn before any deduction • income received from taxes by a government • higher rates of tax on higher levels of income • collects income taxes for the Federal Government • the money you actually get to take home and spend after deductions • ...
Economics Terms 2022-11-01
Across
- the money you actually get to take home and spend after deductions
- IRS requires employers to report wage and salary information for employees on this form
- one of the official documents (most common one) that US taxpayers use to file their annual income tax
- a document that is provided with each paycheck and that shows the amount of money that the employee earned and the amount that was removed for deductions
- collects income taxes for the Federal Government
- higher rates of tax on higher levels of income
- cash amounts taken out of the emoployee's gress wages that include taxes and contributions
- income received from taxes by a government
- verifies identity and employment authorization of individuals hired for employment in the US
- a federal payroll tax that is deducted from each paycheck for medicare and social security
Down
- if you are an independent contractor or self-employed, the work you do may be the same as an employee, but will recieve an earnings statement on this form
- money an individual or business receives, usually in exchange for providing a good service or through investing capital
- an illegal activity in which a person or entity deliberately avoids paying a true tax liability
- the time period, generally between Jan 1 and April 15 of each year, when individual taxpayers prepare financial statements and reports for the previous year and submit their tax returns
- IRS tax form that is filled out by employees to indicate their tax situation to their employer
- the money you earn before any deduction
- provides for national programs such as national defense, veterans and foreign affairs, social programs, law enforcement, and interest on the national debt
- the amount per hour people are paid
- the amount per year people are paid
- a required payment to a local, state, or national(federal) government
20 Clues: the amount per hour people are paid • the amount per year people are paid • the money you earn before any deduction • income received from taxes by a government • higher rates of tax on higher levels of income • collects income taxes for the Federal Government • the money you actually get to take home and spend after deductions • ...
Economics crossword 2022-06-01
Across
- measure of joblessness
- products that are sold to be used together
- the amount of people who want something
- if there are more regulations less goods less regulations more goods
- the amount of goods and services made with a given amount of resources
- competing product that may be used in place of another product
- Shrinking GDP and Increase of prices more than 4%
- the increase or decrease of the money supply
- decreasing the money supply
- prices rising more than 4%
- list of prices and quantities that are demanded
- higher taxation on lower incomes
Down
- the amount of a good or service that can be produced
- High unemployment and shrinking GDP
- the nations national bank
- higher taxation on higher incomes
- increasing the money supply
- when those in other countries buy from the US
- leaving your job for a better one
- proposed revenue and expenditures for the coming year
- scale to measure the inflation rate
- when i buy US goods and services
- goods and services that we consume for a price
- representation of a demand schedule
- same rate of taxation
25 Clues: same rate of taxation • measure of joblessness • the nations national bank • prices rising more than 4% • increasing the money supply • decreasing the money supply • when i buy US goods and services • higher taxation on lower incomes • higher taxation on higher incomes • leaving your job for a better one • High unemployment and shrinking GDP • scale to measure the inflation rate • ...
Economics Final 2022-05-31
Across
- GDP shrinking, high unemployment rate
- rare/limited
- there is no such thing as a free lunch
- things congress does to help the economy
- was in love with capitalism
- money taken from people/businesses
- tax used in U.S.
- P and Qd are inversely related
- limit on # of imports
- P and Qs are positively related
- manages mutual funds
- type of unemployment "makes me sick"
- buys stocks
- economy is going too fast
- recessions and inflation
Down
- amount of money banks must reserve
- net asset value
- consumer price index
- market for labor
- natural resources
- money paid to businesses
- things the FED does to help the economy
- products that can be used in place of each other
- thing to avoid when calculating GDP
- tax on imports
25 Clues: buys stocks • rare/limited • tax on imports • net asset value • market for labor • tax used in U.S. • natural resources • consumer price index • manages mutual funds • limit on # of imports • money paid to businesses • recessions and inflation • economy is going too fast • was in love with capitalism • P and Qd are inversely related • P and Qs are positively related • ...
Economics Final 2022-05-31
Across
- resources required to produce the things we would like to have; land labor and entrepreneurs
- economic system of choice in many parts of the world
- how many dollars worth of goods and services were made in america over time
- as your income goes up the percentage of your income that you pay in taxes goes up
- amount of product that would be offered for sale at all possible prices that could prevail in the market
- tools, equipment, machinery, and factories that are used in the production of goods and services
- people with all their efforts, abilities and skills
- a risktaker in search of profits who does something new with existing resources
- funds that purchase stock in companies anywhere around the world, including the US
- the price for that product that we see in the stores
- can be touched
Down
- natural resources that humans cannot create
- these are funds that primarily purchase stock in US based companies
- increases the supply of money to generate economic growth
- index used to calculate inflation rate
- largest category of discretionary spending in the federal economy
- the act of buyers and sellers freely and willingly engaging in market transition
- a collection of stocks versus an individual stock or bond
- resources that are privately owned, and competition is allowed to flourish with a minimal government interference
- something you can touch
- an inflation rate of 4% or lower
- cannot be touched
- a measurfe of the amount of goods and services produced with a given amount of resources in a specific time period
- the study of how human beings choose to use their scarce resources
- period of declining economic performance across an entire economy that lasts for several months
- something you cannot touch but receive
26 Clues: can be touched • cannot be touched • something you can touch • an inflation rate of 4% or lower • index used to calculate inflation rate • something you cannot touch but receive • natural resources that humans cannot create • people with all their efforts, abilities and skills • economic system of choice in many parts of the world • ...
Economics Review 2022-05-11
Across
- The idea that resources are limited, but demands are unlimited.
- the total economic output of the entire country in current dollar values
- laws that prevent monopolies from forming
- how much people want or need a good
- This represents the number of unemployed people as a percent of the labor force
- the four components--land, capital, labor, and entrepreneurship--that go into making products
- All employed and unemployed people together - both those working and those looking for work
- government policy that addresses business and financial practices
- government policy that focuses on the circulation of money
Down
- time and effort people put into making a product
- ideas, organization, and leadership people put into making a product
- government policy that focuses on the government budget
- when most prices in an economy are rising
- father of capitalism
- what you give up when you make an economic choice
- the tools, buildings, and money needed to make a product
- how much of a good is available
- type of market that has only one firm, no competition, and can command whatever price it wants
- father of communism
- The expected rise and fall of economic well-being that occurs over time
- the raw materials needed to make a product
21 Clues: father of communism • father of capitalism • how much of a good is available • how much people want or need a good • when most prices in an economy are rising • laws that prevent monopolies from forming • the raw materials needed to make a product • time and effort people put into making a product • what you give up when you make an economic choice • ...
Economics Today 2023-05-22
Across
- money received, especially on a regular basis, for work or through investments.
- A market in which there are many buyers but only one seller
- A market structure in which a few large firms dominate a market
- A focus on a particular activity or area of study
- a graph of the relationship between the price of a good and the quantity supplied
- Trends and fashions that are highly desirable to the consumer
- Economic decisions are made by individuals or the open market.
- when consumers react to an increase in a good's price by consuming less of that good and more of other goods
- The application of scientific knowledge for practical purposes
- A legal maximum on the price at which a good can be sold
Down
- a table that shows the relationship between the price of a good and the quantity demanded
- A business owned by one person
- total revenue minus total cost
- an establishment formed to carry on commercial enterprise
- Price x Quantity
- fixed costs plus variable costs
- What you expect prices to do in the future can influence your buying habits today.
- the cost of producing one more unit of a good
- the change in consumption resulting from a change in real income
- A legal minimum on the price at which a good can be sold
20 Clues: Price x Quantity • A business owned by one person • total revenue minus total cost • fixed costs plus variable costs • the cost of producing one more unit of a good • A focus on a particular activity or area of study • A legal minimum on the price at which a good can be sold • A legal maximum on the price at which a good can be sold • ...
Economics Influencers 2023-09-29
Across
- The type of economics that states when the business cycle is contracting and people need help, the government should intervene to help the economy “fix itself” at a faster rate.
- A financial gain, especially the difference between the amount earned and the amount spent.
- The economic system where there is no Government interference.
- The economic system that has freedom to choose what to make AND Government support.
- When the economy is bad, people want to save this.
- An individual who buys things.
- The theory that the demand for goods and services drives economic activity.
- A social hierarchy in which society is divided up based upon their socio-economic status and cultural values.
- The term coined by Adam Smith stating that the economy will fix itself over time.
- Published “The General Theory of Employment, Interest, and Money” in 1936.
- The economic system based on trade.
Down
- A form of Socialism based on the writing of Karl Marx.
- A haircut is an example of this.
- A severe and prolonged economic downturn; an extreme recession.
- A gaming console is an example of this.
- A significant, widespread, and prolonged downturn in economic activity.
- The economic system where the Government owns all resources and tells people what to make.
- Wrote "The Communist Manifesto."
- The rivalry between companies selling goods or services.
- The Father of Economics.
20 Clues: The Father of Economics. • An individual who buys things. • A haircut is an example of this. • Wrote "The Communist Manifesto." • The economic system based on trade. • A gaming console is an example of this. • When the economy is bad, people want to save this. • A form of Socialism based on the writing of Karl Marx. • ...
Economics Crossword 2025-03-23
Across
- Money or assets used to start a business.
- How much people want a product or service.
- The total value of everything a country produces.
- The system of money, jobs, and trade in a country.
- A period when the economy slows down.
- A person who starts and runs a business.
- A plan for managing money.
- When businesses try to attract more customers.
- The work people do to produce goods or services.
- When prices go up over time.
- The total money a business earns.
- Having more of something than is needed.
- The amount of a product available for sale.
Down
- When one company controls a whole market.
- Extra money paid when borrowing money.
- The money spent to run a business.
- – Putting money into something to make more money.
- Goods sent to other countries to sell.
- The money workers earn for their jobs.
- Borrowed money that must be paid back later.
- A small piece of ownership in a company.
- When spending is more than income.
- A tax on goods coming into a country.
- Goods brought into a country from another.
- Money the government gives to help a business or industry.
25 Clues: A plan for managing money. • When prices go up over time. • The total money a business earns. • The money spent to run a business. • When spending is more than income. • A period when the economy slows down. • A tax on goods coming into a country. • Extra money paid when borrowing money. • Goods sent to other countries to sell. • The money workers earn for their jobs. • ...
HEALTH ECONOMICS 2024-09-14
Across
- - Plans or decisions guiding healthcare practices.
- - The ability to use or obtain healthcare.
- - A comparison of the benefits and costs of health interventions.
- - The care provided to manage or cure health conditions.
- - The ability to maintain healthcare services long term.
- - Related to government-supported healthcare.
- - Systematic investigation into health issues and solutions.
- - Financial planning for healthcare services.
- - The wealth and resources of a country affecting healthcare.
- - The result of healthcare interventions and services.
- - International health issues and challenges.
- - The economic system for buying and selling healthcare services.
- - The optimal use of resources to deliver healthcare.
- - Something that encourages specific behavior in healthcare.
Down
- - Moral principles guiding healthcare decisions.
- - Information gathered to make healthcare decisions.
- - Financial protection covering health-related expenses.
- - Variety within healthcare workforce or population served.
- - The ability to reach or use healthcare services.
- - The network involved in producing and distributing healthcare goods.
- - Financial assets or resources for healthcare systems.
- - A person or institution that delivers medical services.
- - Fair and impartial healthcare access for all.
- - New methods, ideas, or products in healthcare.
- - The desire or need for healthcare services.
- - Individuals or groups with an interest in healthcare outcomes.
- - The financial requirement for healthcare services.
- - The availability of health resources like medication and staff.
- - Actions taken to prevent illness or injury.
- - The management of money within healthcare.
30 Clues: - The ability to use or obtain healthcare. • - The management of money within healthcare. • - The desire or need for healthcare services. • - Related to government-supported healthcare. • - Financial planning for healthcare services. • - Actions taken to prevent illness or injury. • - International health issues and challenges. • ...
HEALTH ECONOMICS 2024-09-14
Across
- - Need for healthcare services.
- - Ensuring fairness in healthcare distribution.
- - The healthcare economy.
- - Maintain healthcare long-term.
- - Fairness in healthcare distribution.
- - Relating to moral decisions in healthcare.
- - Government-supported healthcare.
- - Guidelines for healthcare practices.
- - Availability of health resources.
- - Plan for healthcare spending.
- - Optimal use of health resources.
- - Resources for healthcare investment.
- - Moral principles in healthcare.
- - Results of healthcare services.
- - New healthcare methods or products.
Down
- - Information for healthcare decisions.
- - Variety in healthcare populations.
- - Individuals interested in healthcare.
- - Ability to use healthcare.
- - Availability of healthcare services.
- - Standard of healthcare services.
- - Price of healthcare services.
- - Financial protection for health expenses.
- - Encouragement for specific actions in healthcare.
- - Avoiding illness or injury.
- - International health issues.
- - Care given to manage a health condition.
- - Management of money in healthcare.
- - Study to improve healthcare.
- - Calculating healthcare expenses.
30 Clues: - The healthcare economy. • - Ability to use healthcare. • - Avoiding illness or injury. • - International health issues. • - Study to improve healthcare. • - Need for healthcare services. • - Price of healthcare services. • - Plan for healthcare spending. • - Maintain healthcare long-term. • - Moral principles in healthcare. • - Results of healthcare services. • ...
HEALTH ECONOMICS 2024-09-14
Across
- - Fair and just access to healthcare services for all.
- - The system of wealth and resources affecting healthcare funding.
- - Medical care given to patients to manage a condition.
- - A disagreement, especially in healthcare negotiations.
- - Individuals or groups with an interest in health policy outcomes.
- - State of complete physical, mental, and social well-being.
- - Information collected to analyze healthcare trends and effectiveness.
- - A disorder affecting health.
- - The amount of money required to access healthcare services.
- - The management of money in healthcare, including budgeting and payments.
- - Related to government-provided or supported healthcare.
- - Investigating healthcare problems to find solutions or improvements.
- - The ability to receive healthcare services.
- - Variety in healthcare workforce or population served.
- - Using healthcare resources in a way that maximizes benefits while minimizing costs.
Down
- - A set of principles or plans guiding healthcare decisions.
- - An estimate of income and expenditure for healthcare services.
- - Health services designed to prevent illness or injury.
- - The act of overseeing healthcare services and resources.
- - Desire for healthcare services in the market.
- - The results of healthcare interventions.
- - A facility providing health care services and treatment.
- Clues:
- - Confidence in the quality or integrity of healthcare services.
- - A person or institution delivering healthcare services.
- - A financial product providing coverage for health-related costs.
- - The economic system where healthcare services and products are bought and sold.
- - Availability of healthcare resources like medication and equipment.
- Clues:
- - A benefit or reward used to encourage specific behaviors in healthcare.
30 Clues: Clues: • Clues: • - A disorder affecting health. • - The results of healthcare interventions. • - The ability to receive healthcare services. • - Desire for healthcare services in the market. • - Fair and just access to healthcare services for all. • - Medical care given to patients to manage a condition. • - Variety in healthcare workforce or population served. • ...
Economics IGCSE 2024-10-29
Across
- in technology- advances in the quality of capital goods and methods of production
- expenditure by households on consumer goods and income
- an association which represents the interests of a group of workers
- desires for goods and services
- an economic system where the government makes the crucial decisions, land and capital are state-owned and directives allocate resources is called _____ economic system
- being able to turn an asset into cash quickly without a loss
- a situation where there is not enough to satisfy everyone's wants
- the study of the behaviour and decisions of households and firms and the performance of individual markets.
- The ______ sector is the part of the economy controlled by the government
- _____ demand is when the quantity demanded changes by a greater percentage than the change in price
- the total costs to a society of an economic activity are called _____ costs.
- a payment to the government
- a product that can be used in place of another
Down
- a payment by the government to encourage the production or consumption of a product
- - the addition of individual components to arrive at a total amount
- factors used to produce goods and services
- the willingness and ability to buy a product
- ________ growth is an increase in the size of a firm resulting from it merging or taking over another firm
- - the next best alternative forgone while making an economic decision
- an item which is generally acceptable as a means of payment
- A _____ good is a non-rival and non-excludable product hence needs to be financed by taxation.
- a product which does not require any resources to make it and so does not have an opportunity cost
- human-made goods used in production
- the average cost of production is called _____ cost. It is found by dividing the total cost by the output
- the sale of public assets to the private sector
- ______ banks are banks which aim to make a profit by providing a range of banking services to households and firms
- the willingness and ability to sell a product
- a group of firms producing the same product
28 Clues: a payment to the government • desires for goods and services • human-made goods used in production • factors used to produce goods and services • a group of firms producing the same product • the willingness and ability to buy a product • the willingness and ability to sell a product • a product that can be used in place of another • ...
Applied economics 2024-10-02
Across
- Equality: the state of being equal.
- inflation:refers to a persistent.
- Monopolistic Competition: A market structure with many sellers.
- Immigrants: are individuals who arrive in a new country to live permanently.
- Unemployment: refers to the situation where individuals.
- Competition: A market structure with many buyers and sellers.
- Slope:It can be used to represent the relationship between two variables.
- Consumption: goods and services by individuals or households
- Normative Economics: Makes judgments about how the economy.
- Inclusive Growth: It aims to reduce inequality and ensure that everyone.
- Economics: Describes economic phenomena.
- Macro Level:economics examines the economy as a whole.
- The study of the economy as a whole.
- Investment: involves committing resources, typically money, to acquire.
- Self-Interest:Individuals and firms act in their own best interests.
- Communism: It aims to create a society free from exploitation.
- Inflation: occurs when the cost of production increases.
- Price Discrimination: Charging different prices to different customers.
- Micro Level: economics focuses on individual economic decisions.
- inflation: occurs when the demand for goods and services.
- supplied exceeds quantity demanded.
- Deadweight Loss: surplus due to market inefficiencies.
- of Input: refers to the expenses incurred by a business.
- Tax: It is a major source of revenue for governments.
- Shifts in Demand: Factors that cause the entire demand curve
- is the opposite of inflation, characterized by a general decrease.
- Emigrants: are individuals who leave their home countries.
- Cost: The additional cost of producing one more unit of output.
- refers to the application of scientific knowledge.
- Ceiling: A government-imposed maximum price for a good or service.
- Models: Simplified representations of economic phenomena.
- The fundamental economic problem of unlimited.
- Push Factors: conditions or events that drive people to leave their home countries.
- Wages: are the lowest legal wage that employers.
- of Demand: As price increases, quantity demanded decrease.
- Low Unemployment: refers to a situation where a small percentage of the labor.
- Socialism: It aims to reduce inequality and promote social welfare.
- Price: quantity demanded equals quantity supplied.
- Price Floor: typically used to support producers or workers.
- Shortage: exceeds quantity supplied.
- A measure of the responsiveness of one variable to another
- Curve: relationship between price and quantity demanded.
- The study of individual economic units.
- Population Growth: Can affect labor supply, demand for goods.
- to individual preferences and desires for goods and services.
- refer to a change in position, direction.
- Intangible activities that satisfy wants.
Down
- Surplus: maximum price a consumer.
- Sales tax: It is typically collected by retailers and remitted to the government.
- the flow of money or other assets that an individual or household.
- Migration: refers to the movement of people from one place to another.
- Basic Commodities: Essential goods and services.
- Human Capital: refers to the skills, knowledge.
- Pull Factors:conditions or opportunities that attract people to new destinations.
- Capitalism:It emphasizes individual initiative, profit maximization.
- Price Ceilings:government-imposed maximum prices for goods and services.
- Preference: They are a key factor in determining demand for goods.
- Capital:refers to the resources used in the production.
- out-of-pocket expenses incurred by busine
- Employment:It is a crucial factor in determining individual and household.
- Wage: A legal minimum price that can be paid for labor.
- Cost: The value of the next best alternative forgone.
- are used to protect domestic industries and generate.
- Equity:refers to fairness and justice in the way people are treated.
- Tangible items that satisfy wants.
- a general increase in the prices of goods and services in an economy over time.
- Demand: The willingness and ability of consumers.
- Surplus: minimum price a producer.
- Marginal Revenue: The additional revenue from selling.
- Labor:human effort, both physical and mental, used in the production of goods.
- Commodities: are raw materials, such as agricultural products.
- Labor Supply: The willingness and ability of workers to offer their services.
- Price Control: This can include price ceilings, price floors, or other measures.
- Remittances: are payments sent by migrants to their families and communities.
- Basic Commodities: are essential goods and services that are necessary.
- Price Floor: They can lead to surpluses and inefficiencies.
- Refugees:are individuals forced to flee their home countries due to persecution.
- Implicit:opportunity costs of using resources, such as the value of the owner's.
- Supply: The willingness and ability of producers.
- Equilibrium Quantity: bought and sold at the equilibrium price.
- Income Approach: method of calculating national income.
- of Supply: As price increases, quantity supplied increases
- Land: refers to the solid part of the Earth's surface.
- Supply Curve: relationship between price and quantity supplied.
- A market structure with a single seller and no close substitutes.
- in Supply: Factors that cause the entire supply curve to shift
- state of lacking the financial resources and essentials.
- Oligopoly: A market structure with a few dominant sellers.
- Wages: The price of labor, influenced by supply and demand.
- Resources: Factors of production.
90 Clues: inflation:refers to a persistent. • Surplus: maximum price a consumer. • Tangible items that satisfy wants. • Surplus: minimum price a producer. • Resources: Factors of production. • Equality: the state of being equal. • supplied exceeds quantity demanded. • The study of the economy as a whole. • Shortage: exceeds quantity supplied. • ...
Applied economics 2024-10-02
Across
- Employment:It is a crucial factor in determining individual and household.
- Migration: refers to the movement of people from one place to another.
- Supply: The willingness and ability of producers.
- Remittances: are payments sent by migrants to their families and communities.
- Pull Factors:conditions or opportunities that attract people to new destinations.
- Immigrants: are individuals who arrive in a new country to live permanently.
- inflation:refers to a persistent.
- Tax: It is a major source of revenue for governments.
- Price Floor: They can lead to surpluses and inefficiencies.
- Wages: The price of labor, influenced by supply and demand.
- Price Control: This can include price ceilings, price floors, or other measures.
- Cost: The additional cost of producing one more unit of output.
- Micro Level: economics focuses on individual economic decisions.
- Basic Commodities: are essential goods and services that are necessary.
- Surplus: maximum price a consumer.
- Sales tax: It is typically collected by retailers and remitted to the government.
- Emigrants: are individuals who leave their home countries.
- a general increase in the prices of goods and services in an economy over time.
- Inclusive Growth: It aims to reduce inequality and ensure that everyone.
- Price Floor: typically used to support producers or workers.
- Price Discrimination: Charging different prices to different customers.
- Implicit:opportunity costs of using resources, such as the value of the owner's.
- Socialism: It aims to reduce inequality and promote social welfare.
- Equilibrium Quantity: bought and sold at the equilibrium price.
- Resources: Factors of production.
- Demand: The willingness and ability of consumers.
- Low Unemployment: refers to a situation where a small percentage of the labor.
- Inflation: occurs when the cost of production increases.
- of Demand: As price increases, quantity demanded decrease.
- supplied exceeds quantity demanded.
- A market structure with a single seller and no close substitutes.
- Land: refers to the solid part of the Earth's surface.
- refer to a change in position, direction.
- Consumption: goods and services by individuals or households
- Wages: are the lowest legal wage that employers.
- Commodities: are raw materials, such as agricultural products.
- The study of the economy as a whole.
- Models: Simplified representations of economic phenomena.
- Supply Curve: relationship between price and quantity supplied.
- Basic Commodities: Essential goods and services.
- Monopolistic Competition: A market structure with many sellers.
- A measure of the responsiveness of one variable to another
- Ceiling: A government-imposed maximum price for a good or service.
- Equity:refers to fairness and justice in the way people are treated.
- The fundamental economic problem of unlimited.
- refer to individual preferences and desires for goods and services.
Down
- Push Factors: conditions or events that drive people to leave their home countries.
- Human Capital: refers to the skills, knowledge.
- in Supply: Factors that cause the entire supply curve to shift
- Self-Interest:Individuals and firms act in their own best interests.
- Income Approach: method of calculating national income.
- refers to the application of scientific knowledge.
- Labor:human effort, both physical and mental, used in the production of goods.
- Preference: They are a key factor in determining demand for goods.
- Deadweight Loss: surplus due to market inefficiencies.
- Tangible items that satisfy wants.
- The study of individual economic units.
- out-of-pocket expenses incurred by busine
- Macro Level:economics examines the economy as a whole.
- Capital:refers to the resources used in the production.
- Slope:It can be used to represent the relationship between two variables.
- Capitalism:It emphasizes individual initiative, profit maximization.
- of Input: refers to the expenses incurred by a business.
- Investment: involves committing resources, typically money, to acquire.
- Price: quantity demanded equals quantity supplied.
- Surplus: minimum price a producer.
- Cost: The value of the next best alternative forgone.
- Population Growth: Can affect labor supply, demand for goods.
- Marginal Revenue: The additional revenue from selling.
- Curve: relationship between price and quantity demanded.
- is the opposite of inflation, characterized by a general decrease.
- Economics: Describes economic phenomena.
- Labor Supply: The willingness and ability of workers to offer their services.
- Communism: It aims to create a society free from exploitation.
- Wage: A legal minimum price that can be paid for labor.
- of Supply: As price increases, quantity supplied increases
- Competition: A market structure with many buyers and sellers.
- Shifts in Demand: Factors that cause the entire demand curve
- is the flow of money or other assets that an individual or household.
- inflation: occurs when the demand for goods and services.
- Oligopoly: A market structure with a few dominant sellers.
- Unemployment: refers to the situation where individuals.
- Normative Economics: Makes judgments about how the economy.
- Equality: the state of being equal.
- are used to protect domestic industries and generate.
- Intangible activities that satisfy wants.
- state of lacking the financial resources and essentials.
- Price Ceilings:government-imposed maximum prices for goods and services.
- Shortage: exceeds quantity supplied.
- Refugees:are individuals forced to flee their home countries due to persecution.
90 Clues: inflation:refers to a persistent. • Tangible items that satisfy wants. • Surplus: maximum price a consumer. • Surplus: minimum price a producer. • Resources: Factors of production. • supplied exceeds quantity demanded. • Equality: the state of being equal. • The study of the economy as a whole. • Shortage: exceeds quantity supplied. • ...
Apllied Economics 2024-11-29
Across
- Tax levied on the production distribution or use of a good in a country
- Tax withheld by person earnings taxes
- PPP
- Levied on individuals or companies selling or leasing goods
- Tax reform aims to improve health care of Philippines(PH)
- Are goods where the demand is independent of the price ot other goods
- P↑ D↑
- In the business setting need to take a __?
- Revenue from land ownership
- Quantity demand equal to Quantity supply
- Curve movements change in prices
- Tax on the right of a deceased person
- A type of tax prescribed on certain income payment
- minimum amount of compensation of a workers
- Republic act No. 10963
- A type of withholding tax that is considered as full and final payment
- Compulsory charges by the government to funds it's different operation
- Tax on personal income
- P↑ D↓
- Government aims to create a more conducive learning environment
- Preference(satisfaction)
- Trend of renting out properties regardless of size and use
Down
- (RA 6727)
- State run social institution
- Government controlled corporation that seeks to provide universal health in Philippines
- Also known as socialism or communism
- Demand and supply curves intersect
- Programs in infrastructure
- Expectation for future price increase
- Peace and order security of business
- Goods that are demanded or consumed along with other goods
- Tax on papers instrument loan agreement etc.
- Government Service Insurance System
- Non price determinants or factors
- The prevailing wage levels
- When quantity demand and supply is not equal
- Tax levied on earnings gained
- Group of people
- Also know as capitalism
- Are goods and services that vary inversely with income
- This is where buyers and seller meet to exchange goods and services
- A sales tax levied on consumption of sale of goods etc.
- Government money payment withholding tax a kind of tax withheld by _?
- Tax on donation or gift
- Social Security System
45 Clues: PPP • P↑ D↑ • P↑ D↓ • (RA 6727) • Group of people • Republic act No. 10963 • Tax on personal income • Social Security System • Also know as capitalism • Tax on donation or gift • Preference(satisfaction) • Programs in infrastructure • The prevailing wage levels • Revenue from land ownership • State run social institution • Tax levied on earnings gained • Curve movements change in prices • ...
Applied Economics 2024-11-30
Across
- housing and rental spaces
- this is market Structure
- high prices of construction materials and services
- known as suit and tie workers who do professionals
- a state run social institution that provides affordable housing ND loan schemes for filipino
- It is a major components of every economy in commodities and services markets
- is characterized by having a few firms selling
- can increase the demand for houses
- an average spike in the price of commodities
- refers to an increase in an objects value over time
- accomodations in the Philippines are comparatively cheaper for foreign nations
- buyers and sellers must accept market prices
- is the minimum amount of comprehension an employer is required to pay
- producing similar or differented products
- are workers who engages in hard manual labor
- in cities with weak economies
- commonly known as the fixed interest rate
- is critical for business it creates a target market for people who are willing to rent
- enter and settled in foreign country
- the ratio of export rates and import prices
- are products that serve as important needs for consumer lives and survival Primecommodities are products that are not considered to be basic necessities but are necessary to consumer
- properties for lease or rent will not be unoccupied for long
- it is the amount of individuals from one place to another
- people who leave one country or region
- Fewer people will work if the wage rate is low
- is the general rise in prices that decrease money's purchasing power
- can push the price of houses to increase
- the price of every unit of a foreign currency
- is an asset or commodity purchased to produce sales or appreciation
- negative reasons that cause people to leave their homes
- to different products,service,and financial assets
- possesses the features of both monopoly and perfect competition
- is determined by subtracting total contributions sss, philhealth,pag ibig and other deduction to basic income
- a government run social institution that caters to private, professional,and informal sectors
Down
- goods that have elastic demand are sensitive to price change
- growing economies will cause an influx of skilled workers
- are involuntary charges imposed on individuals or companies and imposed by a government
- is the rate at which the prices of goods and services rise
- high demand for houses in growing cities
- the input needed to create them
- that have inelastic demand are less sensitive to price change
- Amount of labor offered for hire within a given period
- is an ongoing trend of renting out properties regardless of size and use
- also known as competitive market
- considered in deciding to proceed with a rental
- occurs when people are in between job
- helps the government support
- positive aspects that attract people to move to another region or location
- is the difference between the net return of a producing factor
- also know as the own price elasticity of demand
- The point at which labor demand and labor supply converge and intersect
- a government run social institution that caters to the public sectors
- corporation that seeks to provide universal health care in the Philippines
- big loans promote inflation and if inflation is high
- is essential if you want to attract a good number of tents
- which a nations currency price is determined
- are commercially available goods and services
- arrangement where the employee will provide services for the employer
- firms have buyers and sellers who are all price takers
- The amount of labor that employees wish to hire at a given time
- these are people from the Philippines who live work
61 Clues: this is market Structure • housing and rental spaces • helps the government support • in cities with weak economies • the input needed to create them • also known as competitive market • can increase the demand for houses • enter and settled in foreign country • occurs when people are in between job • people who leave one country or region • ...
APPLIED ECONOMICS 2024-11-27
Across
- Responsiveness.
- it is a gov funds.
- determines the tax by applying the tax rate to the taxable base amount.
- demand- It is an employee wishes to hire.
- goods- outputs.
- factors-Negative reasons.
- market- It is a major component of every economy.
- tax- cannot be shifted.
- economic term of being secure and safe.
- is an specific to imported good.
- not changeable.
- fund-tracks the stock market as a whole.
- of trade- The ratio of export rates and import rates.
- goods- inputs.
- tax- It is from lgu.
- matter-capitalization tax.
- Enter and settle in a foreign country.
- theory- It is a populations grows.
- it is an decrease price.
Down
- is a high currency.
- factors-Positive aspect.
- who live one country or region to settle in another.
- The Bureau of Internal Revenue.
- money set aside for future use and not spent immediately. Mutual fund- allow you to get good returns and opportunities.
- supply- It is an offered to hire.
- without specific purpose.
- dept- it is a big loans promote inflation.
- structure- degree of competition of the market.
- coupons payment
- cost- Sum of VC&FC.
- inflation- Buying capacity grows compared to other currencies.
- rate- It is an price of every unit of a foreign currency valued.
- tax-Governments impose income taxes on financial income.
- tax-the ones paid to the government through the Bureau of. Internal Revenue (BIR).
- of problem in their former home.
- it is a low currency.
- a standard.
- tax- can be past.
- it is a power to enforce contributions to raise gov. fund.
39 Clues: a standard. • goods- inputs. • Responsiveness. • goods- outputs. • coupons payment • not changeable. • tax- can be past. • it is a gov funds. • is a high currency. • cost- Sum of VC&FC. • tax- It is from lgu. • it is a low currency. • tax- cannot be shifted. • factors-Positive aspect. • it is an decrease price. • without specific purpose. • factors-Negative reasons. • matter-capitalization tax. • ...
Applied Economics 2024-11-27
Across
- be classified on the basis of the object of taxation.
- payment
- impose income taxes on financial income.
- Bureau of Internal Revenue.
- be shifted.
- have work.
- capacity grows compared to other currencies.
- is a cost changeable.
- and settle in a foreign country.
- an specific to imported good.
- take a larger proportion of an individual's gross income.
- is an offered to hire.
- a gov funds.
- is a cost unchangeable.
- of competition of the market.
- is a standard.
- fund- allow you to get good returns and opportunities.
- an opportunity cost of engaging.
- money set aside for future use and not spent immediately.
- is a big loans promote inflation.
- the tax by applying the tax rate to the taxable base amount.
Down
- be past.
- is a decrease price.
- It is a major component of every economy.
- is an employee wishes to hire.
- specific purpose.
- is an available goods and services.
- ones paid to the government through the Bureau of. Internal Revenue (BIR).
- aspect.
- of reasons.
- term of being secure and safe.
- is from lgu.
- ratio of export rates and import rates.
- is a low currency.
- a movement of individual from one place to another.
- is a high currency.
- the stock market as a whole.
- is a populations grows.
- who live one country or region to settle in another.
- is a power to enforce contributions to raise gov. fund.
- is a sum of employed and unemployed.
- not changeable.
- an price of every unit of a foreign currency valued.
- of VC&FC.
44 Clues: payment • aspect. • be past. • of VC&FC. • have work. • be shifted. • of reasons. • is from lgu. • a gov funds. • is a standard. • not changeable. • specific purpose. • is a low currency. • is a high currency. • is a decrease price. • is a cost changeable. • is an offered to hire. • is a populations grows. • is a cost unchangeable. • Bureau of Internal Revenue. • the stock market as a whole. • ...
Applied economics 2024-11-27
Across
- a product or service that people buy less of when their income increases.
- the deliberate downward adjustment of the value of a country's money relative to another currency or standard.
- the study of the Consumer Price, which is a measure of how the cost of living changes over time
- is called a monopoly
- cost an expense that does not change when sales or production volumes increase or decrease.
- productive and economic activity that adds to the primary purpose of profit, the complementary purpose of good for the community and the area to which it belongs.
- a tax on a donation or gift.
- an institution that deals in money and its substitutes and provides other money-related services
- an individual stays in an economy for a year or longer
- the interest rate before taking inflation into account.
- the application of law by government or regulatory agencies for various economics-related purposes
- the amount charged on top of the principal by a lender to a borrower for the use of assets
- a decrease in the general price level of goods and services.
- expenses that change in proportion to the amount of goods or services a business produces or sells
- a condition where the quantity of a product or service demanded is greater than the quantity supplied at the market price.
- The production of goods that will be used to produce other goods.
- an arrangement to rent something, or the amount of money that you pay to rent something .
- belonging to, or relating to, a town or city
- the responsiveness of a supply of a good or service after a change in its market price.
- a valuation metric used for stocks
- a measure of how responsive one economic variable is to changes in another.
- the rate of increase in prices over a given period of time.
- a type of inflation that results from past events and persists in the present.
- a business tax imposed on specific goods or services on top of its purchase price.
- the lowest amount of money an employer can legally pay an employee for their work.
- Characterized by few sellers
- kinds of goods that are consumed at a time or along with one another.
- measure of how the quantity demanded or supplied of a good or service changes in response to a price change.
- an individual, group, or company that dominates and controls the market for a specific good or service.
- determine the cost of goods sold and services rendered in the free market.
- a quantity much larger than is needed
- products that are produced for direct use by consumers, and are also known as consumer goods.
Down
- the way that various industries are classified and differentiated in accordance with their degree and nature of competition for products and services. economicmodel simplified representation of an economic situation or phenomenon that uses variables and logical or quantitative relationships to illustrate complex processes
- an item that is produced for direct use by the end consumers.
- marketplace where many buyers and sellers compete to provide goods and services, and no single entity can control the price.
- elastic when the demand for the product is entirely dependent on the price of the product.
- an individual or company that must accept prevailing prices in a market, lacking the market share to influence market price on its own.
- the interest rate charged on a loan or investment that's calculated using the original principal amount and a fixed interest rate.
- a type of inflation that occurs when the demand for goods and services is greater than the supply.
- exchange rate involves a country fixing the value of its currency to another currency
- it is center of economic interest is not in the economic territory of a country.
- an enterprise that is the only seller of a good or service
- a percentage change in price results in an equal percentage change in quantity demanded or supplied.
- the sale of goods and services to the general public for personal use
- someone who is a U.S. resident but not an American citizen.
- the total amount of money a company receives from selling goods or services to customers.
- a type of inflation that occurs when production costs increase, causing prices to rise.
- imposition of compulsory levies on individuals or entities by governments.
- the increase in the capacity of an economy to produce goods and services over a period of time
- products used to make other goods or services that are sold to consumers.
- a person or business has legal rights to
- the money left over after subtracting consumption from after-tax income.
- The study of how to use limited resources to satisfy unlimited wants and maximize the welfare of society and individuals.
- the moving up of a developing country from one category to the next.
- a financial institution that manages a country's monetary policy and money supply.
- a product or service that can be used in place of another product or service that serves a similar purpose.
- an increase in the value of an asset over time.
- the amount of money, property, and other transfers of value received over a set period of time in exchange for services or products.
- activities of commerce business operations to earn profits.
- the legal right to make decisions, give orders, and enforce obedience, often within a specific context.
- the demand for a good or service remains relatively constant when the price changes.
61 Clues: is called a monopoly • a tax on a donation or gift. • Characterized by few sellers • a valuation metric used for stocks • a quantity much larger than is needed • a person or business has legal rights to • belonging to, or relating to, a town or city • an increase in the value of an asset over time. • an individual stays in an economy for a year or longer • ...
Applied economics 2024-11-27
Across
- Governments can fund this money back into the economy in the form of loans or other funding forms.
- Is a process where prices of consumer goods and services fall and money increases in value.
- The people that are employed in a company and contribute to its operations through their skills.
- The goals for growth and explains how you will achieve them.
- Is a secret agreement between competitors to gain an unfair advantage in the market.
- Run Is a period of time when a business focuses on immediate operational needs and short-term solutions.
- war Is a competitive exchange among rival companies who lower the price points on their products, in a strategic attempt to undercut one another and capture greater market share.
- The offers addresses in recognized business districts, instantly elevating your business's stature and aligning it with high standards of serious commerce.
- Is a home business plan from Synergy that is for premises where the electricity is used for both residential and general purposes, and the circuit wiring is not separate.
- An organization's assets and are thus the basic building blocks of the organization.
- In a business plan is the point where supply and demand are balanced, and prices are stable.
- The offers financial and operational planning and analytics that create a connected enterprise experience.
- The income statement, the cash flow projection, the balance sheet, and the statement of shareholders' equity.
- The process of dividing a company's target market into groups of customers with similar needs and behaviors.
- Is typically measured by its net worth, which is also known as shareholders' equity or book value.
Down
- policy Is a central bank's strategy for managing the money supply and interest rates to control inflation and promote economic growth.
- The profit you make as a result of your investments.
- The individuals and businesses that purchase goods and services from another business.
- A company ceasing operations following its inability to make a profit or to bring in enough revenue to cover its expenses.
- A business plan is when a business has more cash coming in than going out.
- Is one of the three core financial statements that are used to evaluate a business.
- Is a document that outlines a company's goals, strategies, and financial projections.
- Run Is a strategic process that helps businesses set a direction, anticipate growth, and prepare for challenges.
- Is a specific group of people or businesses that are most likely to buy your products or services.
- policy Is a government's use of taxation and spending to influence the economy, and it's not directly related to a business plan.
- Is an economic condition where inflation and stagnation occur simultaneously.
- goods provided by a government and funded through taxes.
- Is an incentive given by the government to individuals or businesses in the form of cash, grants, or tax breaks that improve the supply of certain goods and services.
- Business values are standards of behavior that outline what is acceptable business practice.
- The economy will not grow as quickly as it could, and it may start to slow down.
30 Clues: The profit you make as a result of your investments. • goods provided by a government and funded through taxes. • The goals for growth and explains how you will achieve them. • A business plan is when a business has more cash coming in than going out. • Is an economic condition where inflation and stagnation occur simultaneously. • ...
