environmental economics Crossword Puzzles

Economics 2024-04-27

Across

the problem of having unlimited wants, but limited resources to satisfy them
is an asset or item acquired with the goal of generating income or appreciation
is the art of turning an idea into a business
businesses take loans to fund capital projects and expand their operations by purchasing fixed and long-term assets such as land, buildings, and machinery
the processed materials, equipment, and buildings used in production
under perfect competition all firms sell homogenous goods which are identical in quantity, shape. size, and color
it concerned with the process of setting prices of goods that is also known as Price Theory
soil and natural resources that are found in nature and are not man-made
consumers buy more of a good when its price decreases and less when its price increases
it is the quantities of a particular good or service consumers are willing and able to buy at different possible prices
the limited nature of resources, which underlies the basic economic problem
is the application of economic theory and econometrics in specific settings with the goal of analyzing potential outcomes
is a social science concerned with using scarce resources to obtain the maximum of the unlimited wants of society
refers to using one’s savings in a way that earns a return
came from nature that are used in production, including land, raw materials, and natural process
this law establishes a minimum amount that an employer can pay a worker for one day of labor
refers to the market situation where there is one seller and there is no close substitute to the commodities sold by the seller
the efforts of people involved in production, including labor and entrepreneurship
it refers to the value of the best foregone alternative
shows how the quantity demanded of a good depends on its determinants
he described economics as study of mankind in the ordinary business life
things that are often are sold or used together
form of market in which there are large numbers of sellers selling differentiated products which are similar in nature but not homogenous
the government and the economy are equal
is a division of economics that is concerned with the overall performance of the entire economy

Down

graphical representation of the relationship between the price of a good or service and the quantity
Tendency of suppliers to offer more of a good at a higher price and less at lower prices
methods are stagnant and therefore not progressive
is a process and it exists when a group of buyers and sellers communicate to exchange goods and services
refers to an increase in the value of an asset over time
a property form which the owner receives payment from the occupants, known as tenants, in return for occupying or using the property
is when supply is limited
equilibrium means a state of equality or balance between market demand and market supply
is a market structure in which large number of sellers sell a homogenous product at uniform price
the amount of a product that is offered for sale at all possible prices in the market
this is the authoritative system wherein decision-making is centralized in the government or a planning committee
the essentials of life, such as food and shelter
it is the captain of the industry
is a mandatory financial charge or some other type of levy imposed upon a taxpayer by a governmental organization in order to fund various public expenditures
is when a good is scarce compared to its demand
desires for non-essential items
is a market situation in which there are few (more than two) sellers
a table that shows the quantity demanded of a good or service at different price levels
this refers to the minimum amount of remuneration that an employer in required to pay wage earners for the work performed during a given period
Between the extremes of monopoly and perfect competition
man-made resources used in the production of goods and services which include machineries and equipment
it is the specific type of oligopoly where only two producers exist in one market
it is the physical and human effort exerted in production
this is the most democratic form of economic system
a state in which the supply and demand for a given good or service are in balance

50 Clues: is when supply is limited • desires for non-essential items • it is the captain of the industry • the government and the economy are equal • is the art of turning an idea into a business • is when a good is scarce compared to its demand • things that are often are sold or used together • the essentials of life, such as food and shelter • ...

Economics 2024-04-27

Across

the problem of having unlimited wants, but limited resources to satisfy them
is an asset or item acquired with the goal of generating income or appreciation
is the art of turning an idea into a business
businesses take loans to fund capital projects and expand their operations by purchasing fixed and long-term assets such as land, buildings, and machinery
the processed materials, equipment, and buildings used in production
under perfect competition all firms sell homogenous goods which are identical in quantity, shape. size, and color
it concerned with the process of setting prices of goods that is also known as Price Theory
soil and natural resources that are found in nature and are not man-made
consumers buy more of a good when its price decreases and less when its price increases
it is the quantities of a particular good or service consumers are willing and able to buy at different possible prices
the limited nature of resources, which underlies the basic economic problem
is the application of economic theory and econometrics in specific settings with the goal of analyzing potential outcomes
is a social science concerned with using scarce resources to obtain the maximum of the unlimited wants of society
refers to using one’s savings in a way that earns a return
came from nature that are used in production, including land, raw materials, and natural process
this law establishes a minimum amount that an employer can pay a worker for one day of labor
refers to the market situation where there is one seller and there is no close substitute to the commodities sold by the seller
the efforts of people involved in production, including labor and entrepreneurship
it refers to the value of the best foregone alternative
shows how the quantity demanded of a good depends on its determinants
he described economics as study of mankind in the ordinary business life
things that are often are sold or used together
form of market in which there are large numbers of sellers selling differentiated products which are similar in nature but not homogenous
the government and the economy are equal
is a division of economics that is concerned with the overall performance of the entire economy

Down

graphical representation of the relationship between the price of a good or service and the quantity
Tendency of suppliers to offer more of a good at a higher price and less at lower prices
methods are stagnant and therefore not progressive
is a process and it exists when a group of buyers and sellers communicate to exchange goods and services
refers to an increase in the value of an asset over time
a property form which the owner receives payment from the occupants, known as tenants, in return for occupying or using the property
is when supply is limited
equilibrium means a state of equality or balance between market demand and market supply
is a market structure in which large number of sellers sell a homogenous product at uniform price
the amount of a product that is offered for sale at all possible prices in the market
this is the authoritative system wherein decision-making is centralized in the government or a planning committee
the essentials of life, such as food and shelter
it is the captain of the industry
is a mandatory financial charge or some other type of levy imposed upon a taxpayer by a governmental organization in order to fund various public expenditures
is when a good is scarce compared to its demand
desires for non-essential items
is a market situation in which there are few (more than two) sellers
a table that shows the quantity demanded of a good or service at different price levels
this refers to the minimum amount of remuneration that an employer in required to pay wage earners for the work performed during a given period
Between the extremes of monopoly and perfect competition
man-made resources used in the production of goods and services which include machineries and equipment
it is the specific type of oligopoly where only two producers exist in one market
it is the physical and human effort exerted in production
this is the most democratic form of economic system
a state in which the supply and demand for a given good or service are in balance

economics 2024-05-24

Across

people who can't find a job
An increase in prices in an economy
No private ownership
money you pay at a particular rate
decisions made by authority
economic equality
goals designed to help the economy
Something you pay at a later date

Down

putting money into something
is often viewed with negativity
consumer and supplier interaction
economic protection
knowing someone will pay a loan back
small loans
money you borrow
consumer's decision
paying your bills on time
earnings minus costs
increase of goods and services
An amount that's made in an economy

20 Clues: small loans • money you borrow • economic equality • economic protection • consumer's decision • No private ownership • earnings minus costs • paying your bills on time • people who can't find a job • decisions made by authority • putting money into something • increase of goods and services • is often viewed with negativity • consumer and supplier interaction • ...

Economics 2024-05-03

Across

Persistent fall in the general price level of goods and services.
Price Index (CPI) and Gross Domestic Product (GDP) Reported using constant baseline dollar figures to adjust for inflation and deflation.
cost The price of the total foil being produced when producing more cans.
wealth Most likely increased by earning a higher income.
card Advantage over a debit card is the ability to delay payment.
goods to U.S. markets Results in decreased prices and increased quantity produced.
of a fast-food chain in China Influenced by the combination of trade and cultural diffusion.
incentives More effective in encouraging employee creativity over time in the workplace.
wage increase Likely to increase prices of consumer products.
economy Strongest incentive for entrepreneurship is earning a profit on investments.

Down

Economic issue illustrated in the graph, choices must be made.
economy Type of economic system with the most control exercised by central government.
collusion Achieved by creating antitrust legislation by the federal government.
Requires keeping a record of spending.
utility Economic term for the benefit derived from eating the second slice of pizza.
due to new technology Type of unemployment experienced by workers losing their jobs.
financial planning Example is tracking income and expenses.
systems Associated with monopolistic competition due to different strengths and weaknesses.
loan Given to Sam because the bank earns money on the loan.
ceiling Imposed on apartment rents, resulting in rent lower than market rate.
price increase Occurs during Memorial Day to Labor Day due to consumer demand.
Reserve Attempts to lower interest rates when purchasing bonds on the open market.
unemployment Unemployment that occurs during a recession.
Forced to make choices among goods and services currently on the market.
economic fact No government can supply everything its citizens want or need.
rates Lowered to have a long-term impact on the creativity of the workforce.

26 Clues: Requires keeping a record of spending. • wealth Most likely increased by earning a higher income. • unemployment Unemployment that occurs during a recession. • financial planning Example is tracking income and expenses. • loan Given to Sam because the bank earns money on the loan. • wage increase Likely to increase prices of consumer products. • ...

Economics 2024-05-07

Across

comparison shopping is based on quality and _____.
a higher ________ wage may mean a reduced demand for workers
in this type of business setup, there is potential for great gain or huge loss for all partners
this person felt government should assist in times of need; government intervention
this reserve controls interest rates
technology can lead to efficiency and strong ______ growth
this type of fund gives you diversification of your portfolio
this type of government spending includes social security payments, medicare, etc.
acts as a medium of exchange

Down

something necessary in life
the freest market system in the world
low barriers to entry make it easier for new business to enter a ______.
something not necessary but you would like it
the policy set by this body can affect the cost of production
machinery is this type of capital
the interest rate spread between treasury bonds and the federal funds rate is an economic _______.
principle that limited amount of goods and services are available to meet unlimited wants
using resources and time wisely to maximize output
government restriction on how high rents can go.
money used by many European countries

20 Clues: something necessary in life • acts as a medium of exchange • machinery is this type of capital • this reserve controls interest rates • the freest market system in the world • money used by many European countries • something not necessary but you would like it • government restriction on how high rents can go. • comparison shopping is based on quality and _____. • ...

Economics 2024-05-08

Across

the consumer makes market decisions
general increase in prices and fall in the value of money
when the market is growing and doing well
property consisting of lang of buildings
20-30 years, much cheaper
stock dividing and then paying out to you
tax on privately owned property
giving up the best thing for and alternative
business run individually and for people who pay money
business run and paid for by the government
when the stocks go down and economy is struggling

Down

when economy suffers government should influx money
performance how well a stock is doing based on how others are doing
have disadvantages because they pay higher taxes
the more you make the more luxury you can buy
have advantages because they don't get taxed as much
anything you gave up to make a finacial decision
automatically pays out, more expensive,
a share in the ownership of a company
hands-off economy will self regulate
father of modern economics, wealth of nations, capitalism

21 Clues: 20-30 years, much cheaper • tax on privately owned property • the consumer makes market decisions • hands-off economy will self regulate • a share in the ownership of a company • automatically pays out, more expensive, • property consisting of lang of buildings • when the market is growing and doing well • stock dividing and then paying out to you • ...

Economics 2024-03-13

Across

paid position in which a person does particular tasks
to plan out how to spend your money
a person who starts a business
paying money for a good or service
a place where people store money
money
resources that can be made again by nature in a short period of time
tasks that people perform to help the consumer
something that is given to someone else willingly
to talk about an agreed upon price
money you spend on a good or service
something used to make something
someone who provides goods or services
when a person can buy a good or service before actual payment
when a resource is limited
giving someone a certain amount of money regularly
the human work put into a product or service
bringing goods in from another country
something that you desire, but do not need
the process of making a good or service
to trade one good for another

Down

resources that cannot be replaced
items that are made for consumers
to discuss an agreed upon price
money that a person or business earns for providing a good or service
someone that uses goods or services
a person who makes a profit from selling goods and services
when you give someone a good or service and they give you something in return
when a bank allows a person to send money electronically
how much money you make
the desire of a consumer to buy a product or service
an place where goods or services are sold
a piece of paper that allows a person to take an agreed upon amount of money out of your bank account
setting aside money and not spending it
selling a good or service to another country
money made from selling goods or services
payments that are made for goods and services
to focus on learning one main subject or skill
something that you must have to survive

39 Clues: money • how much money you make • when a resource is limited • to trade one good for another • a person who starts a business • to discuss an agreed upon price • a place where people store money • something used to make something • resources that cannot be replaced • items that are made for consumers • paying money for a good or service • to talk about an agreed upon price • ...

economics 2024-09-13

Across

businesses rely on many other businesses in order to keep going, this is called:
economic system where a combination of consumers, businesses and government make the decisions
quantity provided at a specfic price and point
good that helps complete another in some way
economic system where everything is government owned and government is decision maker
demand increases resulting in economic recovery and _
good that are not necessary for survival
an item that can be seen or touched
good people use less as their income increases
economic system that emphasizes the individual, consumers and businesses make the decisions
visual illustrating the relationship between price and the amount of a product people want to buy
anyone who buys/uses good and services

Down

visual illustratng the relationship between the quantity sellers want to sell during some time period and price
quantity desired at a specific price and point
demand decreases resulting in economic decline called a
goods that satisfy the same set of goals or preferences
economic system where decisions are based on the past and customs from generation to generation
business exist to _ what costumers demand
the desire and the ability to purchase good or service
anyone who makes, grows a good or provides service to sell
term of where quantity supplied and quantity demand are equal
lowest point in the state of an economy ; also known as depression
economy's highest point with everything high or/and increasing
extra money paid regularly at a particular rate for the use of money lent
people perfecting and doing only part of a process ; how the assembly line originated

25 Clues: an item that can be seen or touched • anyone who buys/uses good and services • good that are not necessary for survival • business exist to _ what costumers demand • good that helps complete another in some way • quantity desired at a specific price and point • quantity provided at a specfic price and point • good people use less as their income increases • ...

Economics 2023-03-03

Across

money issued and put into circulation by the government
factors that determine supply
factors that determine demand
the opportunity you give up in exchange for another
limited resources and unlimited wants
the workers and specialization used in production
the government agency that controls national banks and loans money to banks
a tax on imported goods
the resources and area used in production
the money and assets used in production
point at which the supply and the demand curves meet
a limit on imported goods
a medium of exchange
the desire of a resource or good
economy in which people own the resources
when someone takes a risk to start a business

Down

economy in which the government controls the resources
a ban on trade
the belief that international trade should be limited to protect domestic interests
land, labor, capital, entreprenuership
economy based on tradition and ancestral jobs
the state of holding a job
unemployment in which someone is between jobs
the processes of giving up an opportunity for another
the amount of a resource or good available

25 Clues: a ban on trade • a medium of exchange • a tax on imported goods • a limit on imported goods • the state of holding a job • factors that determine supply • factors that determine demand • the desire of a resource or good • limited resources and unlimited wants • land, labor, capital, entreprenuership • the money and assets used in production • ...

Economics! 2023-02-24

Across

People choose on their emotions rather than rationally
Any Arrangement that brings buyers & sellers together to do business with each other
Never enough of everything to satisfy everyone completely
The spending of time, money, effort, or other sacrifices to get something
Comes in the form of points & money offered
Value of the next best alternative
Anything used to produce a good or service
What you gain by adding one more unit to something
A penalty to stop you from doing something

Down

Examination of additional benefits of an activity compared to the costs from the same activity
when something happens as a result of a plan that wasn't expected or planned
Collection of knowledge, abilities, skills, attitudes, and health you have
Anything used to produce an economic good or service
A cost that has already been spent but is not reversible
A person who purchases goods or services for personal use
Doing/not doing the right thing when no one is looking
Earned the title, "Father of Modern Economics"
An influencing factor that motivates one to do something
The amount of human satisfaction
Being seen to do the right thing

20 Clues: The amount of human satisfaction • Being seen to do the right thing • Value of the next best alternative • Anything used to produce a good or service • A penalty to stop you from doing something • Comes in the form of points & money offered • Earned the title, "Father of Modern Economics" • What you gain by adding one more unit to something • ...

Economics 2023-03-06

Across

Market where large #sellers sell identical products
What is traded when you make a decision
A place where an extange is made
Desire, an willingness to sell product
They own the FOP
Market where large #sellers sell similar products
Table that showes various quanites demanded at all possible prices
Market few large seller dominate
benefit of one
Table that shows various quantitys supplied at all possible prices

Down

How we satisfy scarcity
A business owned by one person
Limited wants but unlimited needs
What is wanted to live
When sellers want to sell at the same price buyers want to buy
Anything used for production
Represents the amount of goods or services that can be produced when resources are fully employed
The GDP when inflation is taken to account
The willingness to buy a product
What measures growth in the economy
What is needed to survive
A business owned by two or more people
Cost of one
Business that is separate from its owners
One seller sells one product
Another name for business

26 Clues: Cost of one • benefit of one • They own the FOP • What is wanted to live • How we satisfy scarcity • What is needed to survive • Another name for business • Anything used for production • One seller sells one product • A business owned by one person • A place where an extange is made • The willingness to buy a product • Market few large seller dominate • ...

economics 2023-05-30

Across

where people can buy and sell
inflation: a low increase in price
an item that is sold to a consumer
an act of helpful activity; help; aid
how well is the economy going
nothing is free
curve: a graph that shows the relationship between the price of a good/service
schedule: the quantity demanded of a good or service
where the government closely controls the economy
how much people want it
an economy of slow GDP, high unemployment, and rising prices.
FIND. HAUL. LINE. LOOT.
freedom: trade with any person of their choosing.
A person who starts a business

Down

the amount there is of something
someone who works under someone else
export: national trade measure
limited resources
Labor: natural resource work
a general increase in prices
rate: when people cannot find a job
in demand: when the consumer no longer wants something
anything that gives you value
when an economy shrinks
inflation: high increase in prices

25 Clues: nothing is free • limited resources • when an economy shrinks • how much people want it • FIND. HAUL. LINE. LOOT. • Labor: natural resource work • a general increase in prices • where people can buy and sell • how well is the economy going • anything that gives you value • export: national trade measure • A person who starts a business • the amount there is of something • ...

Economics 2023-05-22

Across

when consumers react to an increase in a good's price by consuming less of that good and more of other goods
A legal minimum on the price at which a good can be sold
A market structure in which a few large firms dominate a market
an establishment formed to carry on commercial enterprise
The application of scientific knowledge for practical purposes
a table that shows the relationship between the price of a good and the quantity demanded
expectations What you expect prices to do in the future can influence your buying habits today.
A market in which there are many buyers but only one seller.
A focus on a particular activity or area of study
total revenue minus total cost
A business owned by stockholders who share in its profits but are not personally responsible for its debts

Down

A business owned by one person
Economic decisions are made by individuals or the open market.
A legal maximum on the price at which a good can be sold
Tastes Trends and fashions that are highly desirable to the consumer
fixed costs plus variable costs
the cost of producing one more unit of a good
the change in consumption resulting from a change in real income
money received especially on a regular basis for work or through investments.
A business in which two or more persons combine their assets and skills
a graph of the relationship between the price of a good and the quantity supplied
Price x Quantity

22 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 2022-12-12

Across

a sector that is owned by the govt. and paid for by taxes
when supply and demand are equal
people who receive a public
workers
benefits without paying
a good that is non-rivalrous and non-excludable
a good that is rivalrous and excludable
a sector that is privately owned and works for profit
the next best opportunity forgone
man-made resources
money taken by the govt.
natural resources

Down

ppc definition
who to produce for, what to produce, and how to produce it
money granted by the govt.
the responsiveness of supply to a change in demand
a public good that determined to be unhealthy or undesirable
the responsiveness of supply to a change in price
inversely proportional curve
business
a good that is determined to have a benefit
market failure

22 Clues: workers • business • ppc definition • market failure • natural resources • man-made resources • benefits without paying • money taken by the govt. • money granted by the govt. • people who receive a public • inversely proportional curve • when supply and demand are equal • the next best opportunity forgone • a good that is rivalrous and excludable • ...

Economics 2024-11-19

Across

Laws in a city or town that designate certain areas or zones, for residential and business use
the merger of two or more firms involved in different stages of producing the same good or service
A certificate of ownership in a corporation
All nonmilitary people who are employed or unemployed
Partnership in which only one partner is requried to be general, and the other has limited responsibilities
institution that functions much like a business but does not operate for the purpose of making profit
The ownership structure of a company or firm
payments to employees other than wages or salary
A legal entity, or being, owned by individual stockholders, each who have limited liabilities
A formal contract issues by a corporation that includes a promise to pay back borrowed money
The money and other valuables belonging to an individual or business
Movement of some of a comapany's operations, or resources of production, to another country
a retail outlet owned and operated by consumers that sells merchandise to members at a reduced price

Down

Practice of contracting with another company to do a specific job
The share earnings given by a franchise as a payment to the franchiser
A business owned and managed by a single individual
Authorization to operate a business issued by the local government
Semi-Independent business that pays fees to parent company
The portion of corporate profits paid out to stockholders
Theory that suggests that the completion of college signals to employers that a job applicant is intelligent and hard-working

20 Clues: A certificate of ownership in a corporation • The ownership structure of a company or firm • payments to employees other than wages or salary • A business owned and managed by a single individual • All nonmilitary people who are employed or unemployed • The portion of corporate profits paid out to stockholders • ...

Economics 2024-11-14

Across

Most complex form of business
money paid to workers
the company that enforces work regulations
responsibility of all debts
unfairness due to race/gender
cease of work due to unhappiness
Business owned by two or more people
under 16 or not in search of a job
semi independent business with fees
the amount wanted by consumers

Down

Business owned by a group of individuals for shared benifits
No owner, often run by a board Usually provide a benefit to the public
Business owned by one person
merger of three or more unrelated companies
Group of workers by occupation seeking better pay
perks given to workers
Two companies join together in the same market
result of physical work
all nonmilitary people who are employed or unemployed.
stocks bought and sold in financial markets

20 Clues: money paid to workers • perks given to workers • result of physical work • responsibility of all debts • Business owned by one person • Most complex form of business • unfairness due to race/gender • the amount wanted by consumers • cease of work due to unhappiness • under 16 or not in search of a job • semi independent business with fees • Business owned by two or more people • ...

Economics 2025-05-12

Across

Type of currency used in the majority of Europe.
A law that slows down trade.
Tools needed to create goods or provide services (man-made).
Someone who opens their own business.
Not having enough of something to satisfy all wants.
Goods made in your country and shipped out to another.
a contractual agreement in which a borrower receives a sum of money or something else of value and commits to repaying the loan later usually with interest.
a nation's money.
How well people can live based on the country’s market value.
When consumers and producers depend on each other.
increase in the average price of goods and services .
When you pay someone to complete a job or task for you.
Money taken out of pay; additional charge when paying for goods/services; used by government to provide services.
Tax placed on imported items.

Down

Resources found in nature.
Price of one Country’s currency compared to another.
Study of how individuals make choices to use resources to produce or consume goods.
A ban on trade.
Focusing on one good or service to produce to keep costs low & increase profits.
People who purchase goods and services.
the currency of Mexico.
occurs when outward financial flows exceed inward financial flows.
Items created by producers; will be purchased by consumers.
The skills and talents of people used to produce goods or provide services.
Swapping one good for another (barter).
The cost of borrowing expressed at an annual rate.
Goods made in another country and shipped in to your own.

27 Clues: A ban on trade. • a nation's money. • the currency of Mexico. • Resources found in nature. • A law that slows down trade. • Tax placed on imported items. • Someone who opens their own business. • People who purchase goods and services. • Swapping one good for another (barter). • Type of currency used in the majority of Europe. • ...

Economics 2025-07-03

Across

a specific point on the curve showing how much will be produced at a specific price
Funds deposited in a bank that the depositor (account holder) can withdraw at will
This type of credit is usually for expensive items and allows you to purchase a good or service and pay it back in fixed monthly payments
In a ___, the company has the advantage since they have no competition and can set the price at whatever they want.
the value of a country’s exports - the value of a country’s imports
Externalities that include public schools, beaches, parks.
The Federal ___ ___ ___ (FDIC) insures bank deposits in the United States up to $100,000 for each deposit.
When price is higher than the equilibrium price then too much will be produced
The ___ ___ is a giant marketplace where traders buy and sell stocks
Suppliers will typically produce ___ of a good when the price rises
This type of credit is a way to borrow cash, usually through a bank or credit union.
how much suppliers should charge for their product
Factor of production: all the natural physical resources necessary to your product or service
when ___ changes, only the quantity demanded changes as a result
___ Externalities: consequences are desirable and welcome effects on third parties
A business offering credit charges you ___ on the money borrowed.
cost the most valued alternative/trade-off
quantity supplied < quantity demanded
A savings note issued by a bank to a depositor who places funds in savings for a set period of time
looks at the big picture of communities, nations, and global decision making
Money has a consistent numerical measurement
___ where marginal cost is closest to marginal revenue without exceeding to maximize profits.
___ Externalities: consequences are undesirable and unwelcome effects on third parties
quantity supplied > quantity demanded
Barrier to trade: sets a maximum amount of a product for import
In ___ ___, the lowest price gets the sale.
___ and mutual funds are moderate-risk investments.
limited resources; You are unable to be in two places at once and you do not have unlimited time, so you choose how to spend the time you do have
___ taxes are collected when a person pays for a good or service. The seller must submit these taxes to the government.
looks at the smaller picture of individuals and businesses.
the general rise in prices over time
___ are the the riskiest of the investments because large amounts of money can be earned or lost.
___ tax system: the tax rate is equal for all income levels
Barrier to trade: a safety and quality standard
Factor of production: intelligence, imagination, and the ability to take risks
___ = Total Revenue – Total Cost
___ equilibrium: the price is set too high
___ is a borrowing service that allows you to obtain goods and services now but pay for them later.
Externalities that benefit without the cost of the good
an account that allows the depositor to set aside a portion of income /year
A pool of funds collected from many investors in order to purchase stocks, bonds, and other investments in greater amounts
Money is used to describe the worth of an item.
A type of credit where a deposit is paid to receive a service such as utilities.
a share of ownership in a corporation
___ ___ = revenue gained with the production of 1 additional unit of a good or service
___ of Value: Money holds its value.

Down

money the government declares legal for use in payment
___ stock does not usually come with voting rights, but does offer fixed dividends.
___ stock allows investors to vote on various company issues such as its leaders and often offers dividends payout.
These are plastic cards with a magnetic strip issued by stores, banks, and businesses used to purchase goods and services
Barrier to trade: the complete refusal to import a good or even all goods from a particular country
a specific point on the curve showing how much will be purchased at a specific price
Countries want to have ___ exports than imports.
Barrier to trade: limits consumer access to goods that are considered to be of poor quality or do not meet social expectations
Externalities that are productive ingredients that exist in quantities > people need or want for production (i.e. air, water).
In ___-___ ___, factors other than price can effect consumer decisions.
___ income = income AFTER taxes and fees
___ of money: Divisible, Stable in value, Durable, Portable, Scarce, Accepted
___ ___ = cost of producing 1 additional unit of a good or service
Factor of production: the tools humans create to make the business more efficient
Stocks and futures are ___ -risk investments.
During the ___ phase, unemployment rises while inflation falls.
the total amount of a good or service that people are willing to buy
Factor of production: the human work that goes into the business
___ taxes are paid straight to the government.
___ ___ = Quantity x Price
Purchasing a(n) ___ means giving a loan to a company.
the study of how people get the goods and services they need and want
competition In a ___ ___, the customer has the advantage and will always go with the lowest price.
___ ___ = Fixed Costs + Variable Costs
The point where the supply and demand curves meet; identifies the →
To earn money, the rate of return must be ___ than the rate of inflation.
During the ___ phase, GDP is increasing.
When price is lower than the equilibrium price then not enough will be produced
a savings account that offers a higher rate of return in exchange for larger deposits than normal.
All the resources necessary to produce goods and services
___ tax system: as income increases, the tax rate increase
Traditional savings or checking accounts, Individual Retirement Accounts, certificates of deposit, and ___ ___ ___ are low-risk investments.
costs or benefits to third parties
Barrier to trade: a tax on imported goods
___ tax system: as income increases, the tax rate decreases
activities or items you give up in exchange for something else
The ___ is the transition from a contraction to an expansion phase
___ income = income BEFORE taxes and fees
___ for agriculture are money paid to farmers to supplement their income.
of Exchange: Money is accepted in exchange for another item
The products available for purchase
___ equilibrium: the price is set too low
The ___ phase is where production and inflation rate are highest.

89 Clues: ___ ___ = Quantity x Price • ___ = Total Revenue – Total Cost • costs or benefits to third parties • The products available for purchase • the general rise in prices over time • ___ of Value: Money holds its value. • quantity supplied < quantity demanded • quantity supplied > quantity demanded • a share of ownership in a corporation • ___ ___ = Fixed Costs + Variable Costs • ...

economics 2022-12-13

Across

-measure of return on invest I totally interest
a type of security that gives stockholders a share of ownership in a company.
- a fixed amount that is paid to an employee at regular intervals, irrespective of the hours or amount of work performed.
return on investment
- a account at a bank where checks can be drawn out from the account
- large amounts of cash giving to you by the bank
money that is owe/due
the cost of something
-money you pay when you pay something that goes to the state
- Management of large about of money especially by the government and large company's
- the price you pay for borrowing money
the average rate of growth experienced by an investment over a multi-year period

Down

- a spending plan based on income
- a small plastic card given to you by banks
- a place or system where there is buyers and sellers
a agree meant made between a bank and you to leand you money
if you don't pat you credit card this goes down but if you do it goes up
a debt security, similar to an IOU
- a account where you can save your money
- invest money for profit

20 Clues: return on investment • money that is owe/due • the cost of something • - invest money for profit • - a spending plan based on income • a debt security, similar to an IOU • - the price you pay for borrowing money • - a account where you can save your money • - a small plastic card given to you by banks • -measure of return on invest I totally interest • ...

Economics 2023-01-19

Across

division of work into individualized tasks that are completed by those who do it best
any work, whether mental or physical, that contributes to the production of goods and services
mechanism that allows people to exchange goods
quantity of a good for sale at a certain price under certain conditions; the amount produced
economic term meaning "let things alone"
resources that include land and other raw materials
type of good used in the production and distribution of goods and services
Type of capitalistic system where the owner of much of the nation's capital is a powerful centralized apparatus called the collectivist state
this is the balance of exported goods and imported goods
economic system in which people are free to make their own economic choices
Type of capitalistic system where the majority of a nation's capital is owned by individuals
something it would be difficult to live without
this term refers to a good's limited availability
the establishment of colonies and territories to benefit their mother country
the amount of a good that is bought at a certain price
the industrial skills and scientific methods that make possible efficient production

Down

founder of modern economics
the value of all things that people own
Following natural resources, labor, capital & entrepreneurship, this is the fifth factor of production
type of goods produced for direct use of consumers
Anyone who produces goods or owns a share of some business that produces good
human desire to have and use a certain good
French economists that favored a "natural" economy, not one created by mercantilism
economic system that provides barely enough to keep a society alive
type of economic theory that states the free market is the best possible economic system
economic system in which decisions involving production, distribution and consumption of goods are based upon custom, heredity and caste
this term refers to a good's usefulness
the condition of enjoying many goods & services
people who use goods
the worth that consumers attach to a good or service
people who provide goods
economic system in which centralized authority determines the production and distribution of goods and services

32 Clues: people who use goods • people who provide goods • founder of modern economics • the value of all things that people own • this term refers to a good's usefulness • economic term meaning "let things alone" • human desire to have and use a certain good • mechanism that allows people to exchange goods • the condition of enjoying many goods & services • ...

Economics 2023-05-08

Across

centrally controlled economy
jobs or workers
people who buy or use goods and services to satisfy their wants
private ownership of property and resources
the branch of knowledge concerned with the production, consumption, and transfer of wealth
the choice not taken; what you “give up” to choose the other option
individuals and businesses have the right to own real and personal property as well as the means of production without undue interference from the government
markets are generally allowed to operate without undue interference from the government
most economies today

Down

people often perform the same type of work as their parents and grandparents
consumers determine through purchases what goods and services will be produced
the demand for a good or service is greater than the availability of the good or service
the amount of an asset or resource that is unused
all types of businesses that are related to the same good or service
individuals have the opportunity to create a business and earn profits
money and manmade objects used to make products or perform services
people who make or grow goods and provide services
a person who risks starting a business to earn a profit
rivalry between producers and/or between sellers of a good or service usually results in better-quality goods and services at lower prices
natural resources & raw materials used to make products

20 Clues: jobs or workers • most economies today • centrally controlled economy • private ownership of property and resources • the amount of an asset or resource that is unused • people who make or grow goods and provide services • a person who risks starting a business to earn a profit • natural resources & raw materials used to make products • ...

Economics 2023-05-17

Across

something that is desired
Marshall, His most important book was Principles of Economics.
of Demand, fundamental principle which states that there is an inverse relationship between price and quantity demanded
Any items, materials and consumable substances which are sold to the consumers
Cost, the loss of potential gain from other alternatives when one alternative is chosen.
market structure where a single seller or producer
person who makes a purchase.
Economy economy in which production, investment, prices, and incomes are determined centrally by a government.
market supply and demand balance each other, and as a result prices become stable
competition when many companies offer competing products or services that are similar
Competition, competitive market situation where there are many sellers, but they are selling heterogeneous goods
a person, business, or entity that provides products or services to another entity.
economy type of economic system where supply and demand regulate the economy, rather than government intervention
the total amount of a specified product or service that is available to customers
a place where parties can gather to facilitate the exchange of goods and services

Down

branch of economics that deals with the performance, structure, behavior, and decision-making of an economy as a whole.
the state of being scarce or in short supply; shortage.
economics concerned with single factors and the effects of individual decisions.
economy system where goods production and distribution are driven by time-honored beliefs, customs, culture, and traditions
encompasses all of the activities related to the production, consumption, and trade of goods and services in an entity
two suppliers dominate the market for a commodity or service.
Scarcity, the comparison of the availability of resources between two or more entities
markets dominated by a small number of suppliers
Scarcity, resources that are fixed in supply and cannot be increased or decreased, regardless of demand.
the consumer's desire to purchase a particular good or service.
Management the process of planning, organizing, directing, and controlling the activities of a business or organization to achieve its goals and objectives.
study of scarcity
something needed to survive
person who sells something
Competition, Many firms produce identical products. Many buyers are available to buy the product, and many sellers are available to sell the product.
of Supply, direct relationship between price and quantity

31 Clues: study of scarcity • something that is desired • person who sells something • something needed to survive • person who makes a purchase. • markets dominated by a small number of suppliers • market structure where a single seller or producer • the state of being scarce or in short supply; shortage. • of Supply, direct relationship between price and quantity • ...

Economics 2025-02-20

Across

, things used to produce goods and services
, thing that add comforts and pleasure to your life
, things you can see and touch; products you purchase to meet your wants and needs
, the point where supply and demand are equal
, things that are required to live
, an economy in which resources are owned and controlled by the government
, the method a country uses to answer the three economic questions
, not having enough resources to satisfy every need/want

Down

, activities provided for the satisfaction of wants and needs that are consumed at the same time they are produced
, an economy in which the resources are owned and controlled by the people of the country
, the private ownership of economic resources by individuals rather than buy the government
, the value of the next best alternative that you were not able to choose
, an economy in which goods and services are produced
, the quantity of a good or service that consumers are willing and able to buy
, the process of choosing which needs and wants will be satisfied
, an economy that combines elements of the command and market economies
, a person who buys and uses goods and services
, an individual or organization that determines what products and services will be available for sale
, the quantity of a good or service that businesses are willing and able to provide
, what you make when you give something up to have something else

20 Clues: , things that are required to live • , things used to produce goods and services • , the point where supply and demand are equal • , a person who buys and uses goods and services • , an economy in which goods and services are produced • , thing that add comforts and pleasure to your life • , not having enough resources to satisfy every need/want • ...

Economics 2025-02-23

Across

Essential items required for survival
The willingness and ability of consumers to purchase a good or service at a given price
The general rise in the price of goods and services over time
The lowest point of the business cycle before recovery begins
A situation where supply exceeds demand, usually caused by prices being too high
Man-made tools, machinery, and technology used in production
A phase of economic growth where businesses hire more workers and production increases
The study of how limited resources are allocated to meet the unlimited needs and wants of individuals and societies.
The next best alternative foregone when making an economic decision
Non-essential items that enhance comfort and lifestyle
A situation where demand exceeds supply, usually caused by prices being too low
Human effort (both physical and mental) used to produce goods and services

Down

The economic problem where unlimited needs and wants exceed limited available resources
The study of an entire nation’s economy, including government policies, inflation, and overall economic growth
The study of individual markets and businesses
The willingness and ability of producers to offer goods or services at a given price
Goods that can replace each other in consumption
The price at which the quantity of a good supplied equals the quantity demanded
A slowdown in economic activity where businesses reduce production and lay off workers
Goods that are used together
Physical, tangible products that can be bought

21 Clues: Goods that are used together • Essential items required for survival • The study of individual markets and businesses • Physical, tangible products that can be bought • Goods that can replace each other in consumption • Non-essential items that enhance comfort and lifestyle • Man-made tools, machinery, and technology used in production • ...

Economics 2025-02-24

Across

An item necessary for survival such as food, clothing or shelter
Using new technology, materials, or processes to improve on existing products, or on how they are produced and distributed.
Businesses rely on many other businesses in order to keep going.
A combination of consumers, businesses and government make the decisions
Are goods which, as a result of changed conditions, may replace each other in use(or consumption)
Assistance provided, usually in return for payments, that satisfies needs and wants of people or businesses that does not result in a product that can be touched
To come up with a unique idea, thought or fabrication; a new object, device or process that no one has seen or heard of before
People or businesses that buy goods or services
An item that can be seen or touched and is essential for survival
Consumers and business make the decisions
Are goods that are used together

Down

Decisions are made based on the past
Another word for Trough
People that work to produce goods and services in a business(workforce)
You are only doing part of the process in the assembly line
An item which can be seen or touched but is not necessary for survival
Means through which goods and services are made available to consumers
Equipment, building, money that is used to produce goods and services
The production and/or sale of goods and/or services to satisfy the needs, wants, and demands of consumers with the purpose of making a profit; an organization setup to do this.
A product of service that consumers that no longer want because it has become outdated or outmoded or has been replaced by a new improved product
Those raw materials that get from the earth, water and air
Increase in output, income, employment, prices and profit.
An individual or business that makes a product
An item that can be seen or touched
An item not necessary for survival but adds pleasure and comfort to life
Cannot be perceived by touch
A person who uses goods or services

27 Clues: Another word for Trough • Cannot be perceived by touch • Are goods that are used together • An item that can be seen or touched • A person who uses goods or services • Decisions are made based on the past • Consumers and business make the decisions • An individual or business that makes a product • People or businesses that buy goods or services • ...

Economics 2025-09-08

Across

When households use their income they are conducting
The wider impacts of a change in one part of the economy
Sector of production that uses natural resources
Sector of production that turns raw materials into goods
Economic group that provides labour and consumes goods
Inputs used to make goods and services
Sector of production that provides services
showing the flow of money and resources in an economy
Human effort used in production
Physical items produced to satisfy needs and wants
A part of the economy, such as primary, secondary, or tertiary

Down

Economic group that collects taxes and provides public goods
The next best alternative given up when a choice is made
Money earned by selling goods and services
When resources are limited but wants are unlimited
Money received for providing labour
Sector that involves exports and imports
The process of creating goods and services
Economic group that produces goods and services
Non-physical activities that satisfy needs and wants

20 Clues: Human effort used in production • Money received for providing labour • Inputs used to make goods and services • Sector that involves exports and imports • Money earned by selling goods and services • The process of creating goods and services • Sector of production that provides services • Economic group that produces goods and services • ...

Economics 2025-08-15

Across

the act of products being transported between countries
bringing in goods from another country
a measure of a country's economy
the act of focusing on a product so you can export to other countries
what a working person earns
a person who takes the risks of starting a business
natural or man-made materials that can be used to produce goods or provide services
someone who is not accepted by society (hint: 2 words, but don't type the space)
someone who works under a business
a person who manufactures goods of provides services
the way that participants in an economy depend on each other.
things you would like but are not necessary for survival
compulsory in Australia ^^

Down

the economic problem of not having enough resources to satisfy our wants and needs
a plan for achieving a goal or several goals
what you miss out on from the next-best option (hint: 2 words, but don't type the space)
a person who buys goods or pays for services
the study of how people and society use resources to satisfy their wants and needs
the exchange of goods and services amongst buyers and sellers
the four factors of __________
somebody that hires people for their business
businesses would be up against each other in a metaphorical ____________
shipping goods to another country
things that are necessary for survival

24 Clues: compulsory in Australia ^^ • what a working person earns • the four factors of __________ • a measure of a country's economy • shipping goods to another country • someone who works under a business • bringing in goods from another country • things that are necessary for survival • a plan for achieving a goal or several goals • a person who buys goods or pays for services • ...

Economics 2025-09-23

Across

an economic and political system in which a country's trade and industry are controlled by private owners for profit.
a market where one company can provide a good or service at a lower average cost than multiple competing firms, primarily due to high initial fixed costs and significant economies of scale
a contractual agreement between an employer and a labor union that requires all employees to be members of the union to be hired or to remain employed
a non-permanent work arrangement where individuals are hired on a temporary, project-by-project, or as-needed basis rather than for long-term, stable employment
a desire for a good or service that improves quality of life but is not essential for survival
the subfield of economics that studies how labor markets function, focusing on the dynamics of the supply and demand for labor, the determination of wages and employment, and the factors influencing these outcomes
a market structure dominated by a small number of large firms, where each firm's actions, such as pricing or production changes, have a significant impact on the others, leading to interdependent decision-making and strategic competition
workers who possess specialized training, education, or experience in a particular field, enabling them to perform complex tasks requiring high proficiency and expertise
an economic system in which production and prices are determined by unrestricted competition between privately owned businesses.
a business practice where a company hires an external party, such as another firm or a contractor, to perform tasks, functions, or services that would typically be done by its own employees
an economy in which production, investment, prices, and incomes are determined centrally by a government.
the optimal allocation of scarce resources to satisfy human wants and needs, minimizing waste and maximizing total welfare
a field of study that analyzes the economic impact of patent systems
the process where a labor organization (a union) and an employer negotiate terms and conditions of employment for a group of employees, such as wages, benefits, and working conditions, to reach a collectively agreed-upon contract
gives workers the freedom to choose whether or not to join a labor union in the workplace
the tangible assets—like machinery, equipment, buildings, and tools—that are used to produce goods and services
the value of the next best alternative that must be given up to pursue a certain action or make a specific choice

Down

jobs that require a degree of basic knowledge, experience, or training, but not a high level of specialization, education, or complex skill
a political and economic philosophy encompassing a diverse range of systems characterized by social ownership of the means of production, rather than private ownership
the skills, knowledge, intelligence, education, experience, and health that individuals possess, which enhance their economic productivity and earning potential
those who perform manual labor or skilled trades, often in sectors like manufacturing, construction, and transportation
the fundamental economic trade-off a society faces between spending its limited resources on military production ("guns") versus civilian needs ("butter")
the fundamental problem of having limited resources to meet unlimited wants and needs
the interdisciplinary study of the allocation, use, development, and management of land and natural resources
the surplus revenue a firm earns after accounting for both explicit costs and implicit costs
the rivalry between numerous independent firms to provide goods and services to a market
private, informal, and extrajudicial process where parties in a dispute submit to a neutral, expert third party for a decision that is final and binding, providing a less expensive and more efficient alternative to traditional litigation
a legally created entity that is separate and distinct from its owners, allowing it to act as a "legal person" under the law
a market structure where a single firm is the sole producer or seller of a good or service for which there are no close substitutes
an organization of trade unions that focused on achieving practical economic gains for its members, particularly skilled workers, through collective bargaining and strikes to improve wages, working conditions, and hours
an economic force in the late 19th century that promoted worker solidarity to improve labor conditions and eventually transition from capitalism to a worker-owned economy
a good or service essential for basic survival
an expert in economics who applies their knowledge of economic principles to study, analyze, and forecast economic trends to provide advice and develop policies for businesses, governments, and other organizations
an economic principle that states that, all else being equal, as the price of a good or service increases, the quantity demanded by consumers will decrease, and vice versa
obstacles that prevent or make it difficult for new firms to enter a market or industry, thereby reducing competition and allowing existing firms to maintain higher prices and profits
jobs characterized by mental or administrative work, typically performed in an office setting, requiring higher education and often compensated with an annual salary
a financial instrument that signifies partial ownership in a company, entitling the holder to a share of the company's assets and earnings
an economic system where the production, distribution, and consumption of goods and services are based on customs, traditions, and historical beliefs, rather than on money, markets, or technology.
a workplace where employees are not required to join a labor union or pay union dues, even if a union is present and acts as a representative for the workers
a work stoppage or slowdown initiated by employees to protest or demand economic concessions from their employer
jobs requiring little to no specialized training, education, or advanced skills, often involving repetitive or manual tasks
political and economic ideology that advocates for a classless, stateless society in which the means of production are owned communally
informal, voluntary, and collaborative negotiation process where a neutral third party assists disputing parties in reaching a mutually acceptable agreement, thereby avoiding costly and adversarial legal proceedings and fostering durable, self-determined outcomes
physical item or product that satisfies human wants or needs, provides utility, and is scarce enough to have an exchange value

44 Clues: a good or service essential for basic survival • a field of study that analyzes the economic impact of patent systems • the fundamental problem of having limited resources to meet unlimited wants and needs • the rivalry between numerous independent firms to provide goods and services to a market • ...

Economics 2025-10-08

Across

Down

20 Clues: 7 • 2 • 1 • 9 • 4 • 3 • 8 • 6 • 5 • 16 • 20 • 17 • 10 • 12 • 14 • 11 • 19 • 15 • 13 • 18

Economics 2012-08-27

Across

When a company issues more shares, it is taking advantage of _______ financing
This decreases as you continue to consume a certain good over and over again
Index measuring changes in overall value of companies
The most common market structure in Australia
If this is high, then it is easier for workers to change within jobs
Type of unemployment leading to redundancy in manufacturing
Market for any input into production process
Sovereignty Concept outlining the consumer's role in a market economy

Down

Policies conducted to reduce role of government
A practice with a significant trend of growth in terms of employment contracts
Movement along demand curve
Also known as financial assets
The measure of spread of income within the economy
Method used to measure price elasticity by examining changes in total revenue of a producer
A term commonly measured by percentage change in Consumer Price Index
Good used in conjuction with another good is known as a ________
Term used in economic analysis stating that all factors remain constant apart from one
A good is said to be _______ when quantity supplied rises by same proportion as price increases
Point in which there is most efficient level of production for a firm
Actual purchasing power of money wages

20 Clues: Movement along demand curve • Also known as financial assets • Actual purchasing power of money wages • Market for any input into production process • The most common market structure in Australia • Policies conducted to reduce role of government • The measure of spread of income within the economy • Index measuring changes in overall value of companies • ...

Economics 2012-09-11

Across

a risk taker in search of profits who does something new with existing resources
takes place when work is arranged so that individual workers do fewer tasks than before
occurs when a nation's total output of goods and services increases over time
is the study of how people try to satisfy what appears to seemingly unlimited and competing wants through the careful use of relatively scarce resources
is the situation where some necessities, such as water, have little monetary value, whereas some non-necessities, such as diamonds, have a much higher value
the process of creating goods and services, can take place
is when manufactured goods are used to produce other goods and services
is a way of thinking about a problem that compares the costs of an action to the benefits received
are productive resources are brought and sold
a diagram representing various combinations of goods and or services an economy can produce when all productive resources are fully employed
is the accumulation of those products that are tangible, scarce, useful, and transferable from on person to another
a location or other mechanism that allows buyers and sellers to exchange a certain economic product
and item that is economically useful or satisfies and economic want, such as a book, car, or compact disc player
is a measure of the amount of output produced by a given amount of inputs in a specific period of time
is a basic requirement for survival and includes food, clothing, and shelter

Down

or alternative choices, whenever they make an economic decision
is intended for final use by individuals
is the condition that results from society not having enough resources to produce all the things people would like to have
resources required to produce the things we would like to have, are land, capital, labor, and entrepreneurs
one in which consumers and privately owned businesses, rather than the government making the majority of the What, How, and For Whom decisions
refers to a worth that can be expressed in dollars and cents
is the sum of skills, abilities, health, and motivation of people
the capacity to be useful and provide satisfaction
the cost of the next best alternative use of money, time, or resources when one choice is made rather than another
this means that we rely on others, and others rely on us, provide the goods and services that we consume
people with all their efforts, abilities, and skills
is a way of expressing a need
goods and services that are useful, relatively scarce, and transferable to others
the dollar value of all final goods and services, and structures produced within a country's borders in a 12 month period
the tools, equipment, machinery, and factories used in the production of goods and services
are markets where producers sell their goods and services to consumers
or work that is performed for someone
also known as "gift of nature" or natural resources not created by humans
the money used to buy the tools and equipment used to production

34 Clues: is a way of expressing a need • or work that is performed for someone • is intended for final use by individuals • are productive resources are brought and sold • the capacity to be useful and provide satisfaction • people with all their efforts, abilities, and skills • the process of creating goods and services, can take place • ...

Economics 2013-12-16

Across

the condition where a persons income and resources do not allow them to achieve a minimum standard of living
income not used for consumption
occurs when stock market prices rise steadily over time
bank chartered by national government
possibility for loss on an investment
the percentage of the labor force that is job-less and looking for work
paper money and coins
the ratio of the amount of output produced to the amount of input
the market value of all final goods and services produced within a nation in a given period of time
buys and sells stocks for customers

Down

bank chartered by state government
profit made from the sale of securities
measures and reports the change in prices of a set of stocks
/ market activities that go unreported due to being illegal or to avoid taxation
all the institutions that help transfer funds between savers and investors
the increase in a nations real GDP over a period of time
a market where securities are bought and sold
the profit or loss made on an investment
anything people will accept for goods or services
the use of income today that allows for a future benefit
occurs when stock market prices decline steadily over time

21 Clues: paper money and coins • income not used for consumption • bank chartered by state government • buys and sells stocks for customers • bank chartered by national government • possibility for loss on an investment • profit made from the sale of securities • the profit or loss made on an investment • a market where securities are bought and sold • ...

Economics 2014-03-06

Across

interaction of buyers and sellers exchanging goods and services
actions that are capable of satisfying peoples wants
a person who grows agricultural products or manufactures items
Resources something found in nature
Country a country whose economy is still being built
objects that are capable of satisfying peoples wants
Resources resources made by humans such as building tools and machinery
the purchase or use of goods and services
the quantities of a good or service that producers are willing and able to provide at various prices during a given time period
exchange of something of value
goods that leave a country as part of trade
the quantities or productive resources

Down

the act of combining natural resources ,human resources capital goods & entrepreneurship to make goods & services
Country a country with an established economy generally containing all 4 forms of production
the quantities of a good or service that consumers are willing and able to buy
concentration of production on fewer kinds of goods & services
Trade countries relying on one another to satisfy wants and needs 20/ Import goods brought into a country as part of trade
a person who buys and uses goods and services
quantities of goods ans services produced
lack of sufficient resources to produce all the goods and services people desire
Resources activities of people who decide what kind of economic activities to pursue

21 Clues: exchange of something of value • Resources something found in nature • the quantities or productive resources • the purchase or use of goods and services • quantities of goods ans services produced • goods that leave a country as part of trade • a person who buys and uses goods and services • actions that are capable of satisfying peoples wants • ...

Economics 2013-11-21

Across

money the government owes
overall increase in the price of goods
major source of income for the federal government
when a single producer dominates a market and there is no competition, causes high inflation
large scale public systems like highways, bridges, and schools
sharp drop in a nation's GDP for more than a year
gives benefits to the elderly by providing supplemental income after retirement
governmental plan of action to solve either a problem that affects all or most people or a problem that the people cannot solve on their own
provide money to buy food based on the dollar amount a household receives based on family income
a country's official principles, positions, and procedures for dealing with forces outside its borders
product

Down

fee charged for borrowing money
money set aside for a specific use
type of fuel made by blending gasoline and ethanol
government's resolution to problems at home in American that need public solution (ex. highways, healthcare, welfare)
when money is left over
social welfare program that assists the poor with their medical costs, jointly funded by both the national government and the states
duties and fees the government charges businesses and individuals who bring good into the US from other countries
regulates the economy by controlling the money supply
slowdown in economic growth; decline in GDP for two consecutive quarters
social insurance program, designed to help the elderly or disabled pay their medical costs
fees charged to borrow money
government's power to tax and spend

23 Clues: product • when money is left over • money the government owes • fees charged to borrow money • fee charged for borrowing money • money set aside for a specific use • government's power to tax and spend • overall increase in the price of goods • major source of income for the federal government • sharp drop in a nation's GDP for more than a year • ...

Economics 2015-02-04

Across

failure to fulfil the terms of a loan agreement
state of being poor
a free-market system built on private ownership
money loaned
two-word name for the currency of the UK
when more money goes out than comes in
... and shares
total revenue minus total costs
workforce
... makes the world go round

Down

a particularly bad recession, i.e. America, 1929
rising prices across the board
jobless
two-word term for a country with low or no taxes, i.e. Switzerland
judged by a court to be unable to pay off one's debts
money sent from one country to another in order to help its economy
to put money into a venture in the hope of making more money
Karl Marx's "dictatorship of the proletariat"
to sell state-owned business to non-public investors
area of the single European economy

20 Clues: jobless • workforce • money loaned • ... and shares • state of being poor • ... makes the world go round • rising prices across the board • total revenue minus total costs • area of the single European economy • when more money goes out than comes in • two-word name for the currency of the UK • Karl Marx's "dictatorship of the proletariat" • ...

Economics 2015-05-20

Across

when there's a increase in efficiency there will be more
Income received from the factors of production (land, labour, enterprise and capital).
Depicts the maximum level of output possible for a country when all resources are used to maximum efficiency.
Is the total income received from all sources, including government transfers.
A consumer's desire and willingness to pay a price for a specific good or service
Is a term describing generally falling prices over a period of time. It can happen in recession.
The rate of inflation is
Is the sum of all apending or demand on final goods and services.
is a wave pattern which records the various phrases the level of economic activity.
Is where people's needs and wants are virtually unlimited.
All firms produce similar yet not perfect substitute products.
The total amount of a specific good or service that is available to consumers.
This bank decides on interest rates.
Represents the degree of income equality or inequality
CPI measures this
To create more productivity you need more
This commission sets up promotes competition and fair trade in markets to benefit consumers and businesses
a system that increases or decreases taxes
might be called market or current.
A situation in which the supply and demand for a good or service can vary significantly due to the price
Concept or idea of fairness in economics

Down

Always between 0 and 1
the loss of other alternatives when one alternative is chosen.
another term for Real GDP
Is a measure of the total inflation within an economy
the situation in which the supply and demand for a good or service are unaffected when the price of that good or service changes.
Is the stock of financial and material assets a person accumulate through savings or inheritance, including land, houses, shares and savings.
the 45 degree line that represents equality.
buying foreign made goods is called
Australian made goods sold to a overseas market is called
Is an extreme situation where prices rise very quickly
Is a measure of inflation that excludes certain items that face volatile price like food and energy.
Income after tax revenues is called
a system that the RBA which increases or decreases interest rates
Is received by people who haven’t directly participated in the production process from people who have participated in that process.
is a supply side factor in which the wage increase very high, then the cost of production for the company, then to maintain profits they would increase prices.
A compulsory contribution to state revenue
Higher Gini Coefficient means
when a market system is when one market is dominating
Opposite of inflation
A market system where their is limited competition

41 Clues: CPI measures this • Opposite of inflation • Always between 0 and 1 • The rate of inflation is • another term for Real GDP • Higher Gini Coefficient means • might be called market or current. • buying foreign made goods is called • Income after tax revenues is called • This bank decides on interest rates. • Concept or idea of fairness in economics • ...

Economics 2015-05-24

Across

/ Payments received by businesses from selling goods and services
/ A type of measure for inflation
/ Part of the lorenz diagram that shows the degree of income or wealth quality or inequality
/ When people are willing and able to work but do not have jobs
/ Also known as personal income tax
/ A supply factor that can affect the cost of production of the business
/ A demand factor in which one product can replace another product
/ A supply factor that affects GDP
/ A type of market structure that have a few firms in the industry
/ A type of policy that includes taxes
/ A level of poverty that is experienced when there is a serious deprivation of basic needs
/ A point on the business cycle where the GDP of a country is negative
/ One firm in the industry
/ When consumers and producers are satisfied with the price
/ A type of market structure that have several firms in the industry and has strong market power
/ A type of policy that includes interest rates
/ Unlimited wants and needs but not enough resources
/ Another word for unlimited
/ A number between 0-1 that measures the equality of the distributional income
/ Natural resources that are used to produce goods and services
/ Every 20% of income distributed
/ When prices are generally falling over a period of time
/ 80% of a business cost

Down

/ A level of income which people cannot enjoy access to basic needs
/ Another word for limited
/ Every 10% of income distributed
/ A factor in the AD formula
/ CPI that excludes volatile items
/ A demand factor that can increase GDP
/ Gross domestic product
/ A measure of resource efficiency
/ A situation where prices rise very quickly and go out of control
/ A point on the business cycle where GDP is falling slowly
/ A point on the business cycle where the GDP is high
/ A point on the business cycle where GDP is going up slowly
/ Events such as cyclones, droughts and floods
/ Refers to a rise in the level of prices for goods and services over a period of time
/ All buildings, equipment and human skills used to produce goods and services
/ Goods or services produced in one country but sold to buyers in another country
/ Goods or services bought from sellers in another country

40 Clues: / Gross domestic product • / 80% of a business cost • / Another word for limited • / One firm in the industry • / A factor in the AD formula • / Another word for unlimited • / A type of measure for inflation • / Every 10% of income distributed • / Every 20% of income distributed • / CPI that excludes volatile items • / A supply factor that affects GDP • ...

Economics 2015-05-07

Across

How much of something people want.
Economy People can freely buy and trade goods and services. The price of each good or service is determined not by the government but by demand.
A fee charged by the government on a product, income, or activity.
A system of exchange like money.
To work, especially work hard.
Resources The man-made tools needed to make a product.
Describe or draw attention to a product, service, or event)/
Owing money that is overdue
Trade Exchange of goods/services throughout the world.
To provide someone or something with money.
An economic system where the government has control what goods and services people can have and how much they can have. Everything is owned by everyone, and there are no “social classes.”
Synonym for Trading.
The person who has leadership and the innovation in a business.
A good brought in to North Carolina from another state/country.
A type of product manufactured by a particular company under a particular name.
A fee for borrowing money.
Chief Executive Officer; The President/Manager Director of a business or corporation.
A company/business that produces goods.
Management of money.
The action or business of promoting and selling products or services.
A document that gives the rights of an inventor to their invention.
An estimate of expected income and spending over time.
To persuade someone to buy something.
Exchange The exchange of one currency to another

Down

A type of cloth or woven fabric.
The payment that was paid; directly comes out of checking account.
There is not an unlimited supply of resources, so sometimes the things that we want are unavailable.
Increase in prices for goods and services over time.
An economic system where how much money people have determines on their income; people make profit on the goods or services they provide.
The money you receive.
Resources The people who make products.
The ability of a customer to obtain goods or services before payment.
Something you would like to have, but it is not necessary for survival.
of Labor Workers perform specific tasks and put it all together to make a product.
You depend on other people for other things.
A new idea.
A thing that motivates or encourages one to do something.
A creative ability; a creation of something.
Amount required as payment for good/service.
Something you have to have; you can't live without.
To exchange/swap goods or services for other goods or services.
Federal Reserve Bank The central bank of the US that supervises all the money and banks in the country.
Money that is given to someone and expected to be payed back at some point.
Resources Materials that come from nature and are used to make a product.
A good given to another state/country from North Carolina.
A symbol, saying, etc. owned by a business/company and can only be used by the owner.
How much of something is available.

47 Clues: A new idea. • Synonym for Trading. • Management of money. • The money you receive. • A fee for borrowing money. • Owing money that is overdue • To work, especially work hard. • A type of cloth or woven fabric. • A system of exchange like money. • How much of something people want. • How much of something is available. • To persuade someone to buy something. • ...

Economics 2015-11-17

Across

The rate at which one currency can be exchanged for another or the number of units of foreign currency that correspond to the domestic currency
Teaching economics
Taxes on imported goods tax charged on imports and exports
The value of the next best alternative
Includes spending by frims or the government on capital goods
A good the demand for which varies negatively with income
Decreases in the average costs of production that occur as a firm increases it's output by varying all it's inputs
A similar thing to price elasticity of demand
The absence of government intervention of any kind in international trade, this trade does not have any restriction

Down

Other things being equal
Land, Labor, Capital, Entrepreneurship
A continuing increase in the general price level
Money charged by the government
One of the four market structures, a single or dominant firm in the industry
A factor of production which includes all natural resources
Product
Goods that are nessary or essential
A development assistance organisation made up of 185 members ( Joint Owners )
Shortage
Amount of something, especially money that is given to a particular person or used for a particular purpose
Surplus

21 Clues: Product • Surplus • Shortage • Teaching economics • Other things being equal • Money charged by the government • Goods that are nessary or essential • Land, Labor, Capital, Entrepreneurship • The value of the next best alternative • A similar thing to price elasticity of demand • A continuing increase in the general price level • ...

Economics 2015-10-31

Across

Those goods for which the demand increases when income increases are called .... goods
The indifference curve approach was introduced by Prof......
Such goods the demand for which falls when income increases are called .... goods
Production Possibility Curve is ...... slopping
The additional revenue earned from the sale of the last unit produced is called ....
Other things remaining the same, as the price rises, the demand.....
........ Curve is the production possibility curve
............cost doesn't change when output is increased or decreased
The elasticity of supply would range from .... to infinity
Demanding the same, an increase in supply will .... the price
Costs of the factor inputs or services supplied by the owner of the firm is called .... costs
The relationship between price and the quantity demanded is states as law of ......

Down

If a single producer controls the entire supply of a commodity in the market, is is called ....
Indian economy is a ...... economy
The transformation of inputs into output is called ....
The downward slope of the demand curve reflects the .... effect
The economic problem is the problem of economising .... resources
The quantity demanded of a commodity varies inversely with it's.......
In micro economics, the details of operation of .....small are observed
The welfare definition of economics was given by........
Elasticity of demand will be less in the case of households having... income
Adam Smith defined Economics as a science of ......
In the case of inferior goods, an increase in income shifts the demand curve to the.... side
An economy in which goods and services are bought and sold freely in the market is called ..... economy

24 Clues: Indian economy is a ...... economy • Production Possibility Curve is ...... slopping • ........ Curve is the production possibility curve • Adam Smith defined Economics as a science of ...... • The transformation of inputs into output is called .... • The welfare definition of economics was given by........ • ...

Economics 2016-09-19

Across

Help if needed
get more products
could buy
name of class
Products
Were the supply and demand could go
under the PPC
not enough
Get the other product

Down

pay less
Quick and swift
Not sea but
hard work
Look at other products
what makes a product
state/counrty major city
Low on everything
Not a need
evolution
not a want

20 Clues: pay less • Products • hard work • could buy • evolution • Not a need • not enough • not a want • Not sea but • name of class • under the PPC • Help if needed • Quick and swift • get more products • Low on everything • what makes a product • Get the other product • Look at other products • state/counrty major city • Were the supply and demand could go

ECONOMICS 2016-08-24

Across

All economic agents are supposed to be ______.
A stable state of a system involving the interaction of different participants, in which no participant can gain by a change of strategy if the strategies of the others remain unchanged (___ ________).
Regional intergovernmental organization and geopolitical union in South Asia
A monetary union of 19 of the 28 European Union member states which have adopted the euro (€) as their common currency.
A tax whose amount is based on the value of a transaction.
The rate at which the Reserve Bank of India lends money to commercial banks in the event of any shortfall of funds.
This organisation was created at an international conference convened in Bretton Woods in July 1945
Fresh issue of shares or convertible securities for sale by an unlisted company for the first time to the public.
A form of monetary action in which a central bank seeks to limit the effect of inflows and outflows of capital on the money supply
Economic theory based on the belief that a country's wealth could best be judged by the amount of precious metals or bullion it possessed.
A situation in which a debt is difficult or impossible to pay typically because high interest payments prevent re-payment of principal
Sale of a security that is not owned by the seller, or that the seller has borrowed.

Down

A state of allocation of resources in which it is impossible to make any one individual better off without making at least one individual worse off.
A loss of economic efficiency that can occur when equilibrium for a good or service is not achieved or is not achievable
This economic principle tells that you cannot control all three policy variables together, namely, the free movement of capital, an independent monetary policy, and a fixed or pegged exchange rate policy (6) (7) .
An informal index introduced in The Economist in September 1986 for measuring the purchasing power parity (PPP) between two currencies. It is based on the cost of a single Big Mac burger as sold by the McDonald's fast food restaurant chain.
A comprehensiveagreement that sets the rules for international trade and investment between Canada, the United States, and Mexico
Exchange (goods or services) for other goods or services without using money.
A form of international money, created by the International Monetary Fund, and defined as a weighted average of various convertible currencies.
An organisation which holds securities of investors in electronic form through a registered depository participant (4) (4)
a graphical representation of the relationship between tax rates, tax revenue, and taxable income.
An intergovernmental organization of 14 nations to coordinate and unify the petroleum policies of its member countries and ensure the stabilization of oil markets.
A free-float market-weighted stock market index of top 30 companies listed on Bombay Stock Exchange
When every open covering of a set has a finite sub-cover it is called ______ ___
The situation when an entity can survive or continue its activities without external assistance or international trade.
A process developed by the India's Stock Market Regulator SEBI for applying to IPO in which an IPO applicant's account doesn't get debited until shares are allotted to them
A tax imposed on imported goods and services.
Anautonomous apex statutory body which regulates and develops the insuranceindustry in India.

28 Clues: A tax imposed on imported goods and services. • All economic agents are supposed to be ______. • A tax whose amount is based on the value of a transaction. • Regional intergovernmental organization and geopolitical union in South Asia • Exchange (goods or services) for other goods or services without using money. • ...

Economics 2018-04-12

Across

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.
for enterprise - The systems used within the organization. Generally refers to the primary architecture
–A country run by absolute authority in any sphere.
resources - the resources used to make goods and services (i.e., natural resources, human resources and capital goods.
capital- is used simply to purchase goods and services for consumption; capital is more durable and is used to generate wealth through investment.
especially hard physical work.
payments- payment made or income received in which no goods or services are being paid for, such as a benefit payment or subsidy.
sovereignty - the situation in an economy where the desires and needs of consumers control the output of producers.
cashless economic system in which services and goods are traded at negotiated rates.
- the effectiveness of productive effort, especially in industry, as measured in terms of the rate of output per unit of input.
- patriotic feeling, principles, or efforts
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.
system- the means by which countries and governments distribute resources and trade goods and services. They are used to control the five factors of production, including: labor, capital, entrepreneurs, physical resources and information resources.
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.
- the general level of prices in an economy going down.
economy - Transactions in the underground economy are illegal either because the good or service being traded is illegal or because an otherwise licit transaction does not comply with government reporting requirements.
is one of the three factors of production. The others are land, and labor.
comprises all naturally occurring resources as well as geographic land. Examples include particular geographical locations, mineral deposits and forests
economy - an economic system combining private and public enterprise
recourses- include both fixed assets, such as machinery, buildings and land, and current assets, such as inventory.

Down

- political philosophy, movement, or regime that exalts nation and often race above the individual and that stands for a centralized autocratic government headed by a dictatorial leader, severe economic and social regimentation, and forcible suppression of opposition.
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.
enterprise- business or industry that is managed by independent companies or private individuals rather than by the state.
the activity of setting up a business or businesses, taking on financial risks in the hope of profit
- a system of government by the whole population or all the eligible members of a state, typically through elected representatives.
capital- already-produced, durable goods or any non-financial asset that is used in production of goods or services
materials- the basic material from which a product is made.
resources- It includes patents, copyrights, franchises, goodwill, trademarks, trade names, the general interpretation also includes software
- 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.
land- land belonging to the British Crown. Land belonging to the state in some parts of the Commonwealth.
debt - defined as how much a country owes to lenders outside of itself
system- system that relies on customs, history and time-honored beliefs
of payment accounts - the record of all economic transactions between the residents of the country and of the world in a particular period
economy - an economy in which production, investment, prices, and incomes are determined centrally by a government.
-a general increase in prices and fall in the purchasing value of money.
added- the amount by which the value of an article is increased at each stage of its production, exclusive of initial costs.

36 Clues: especially hard physical work. • - patriotic feeling, principles, or efforts • –A country run by absolute authority in any sphere. • - the general level of prices in an economy going down. • materials- the basic material from which a product is made. • economy - an economic system combining private and public enterprise • ...

Economics 2020-04-28

Across

Goods and services bought from overseas
A company that operates in many countries with independent headquarters in each.(McDonalds)
Organisations that make goods and services
Final users of goods and services to satisfy their needs and wants
Money paid at a particular rate for the money lent
The cost of the next-best alternative opportunity
Ability to combine all resources to make something (plan, recipe, system etc)
Payment earned by entrepreneurs
Place where goods and services are bought and sold.
Basic units used to make goods and services
The study of how people use scarce resources to satisfy needs and wants
Basic necessities for life
A system which allows private ownership of the factors of production
Used to pay for goods and services
Where actions by one party have impacts on another, particularly economically.
Physical items used by consumer and services for a profit

Down

Place where goods and services are bought and sold (Coles, Seek.com, Fremantle markets) Same as Market
Institution which handles money for households and firms
Raw materials used to make goods and services (land, labour, capital & enterprise)
Purchase of new capital
Income flows which are added to the Circular FlowofIncomemodel (investment, govt. spending, exports)
Equipment used to make goods and services
Payment for use of land
Place where factors of production are bought and sold.
Organization with authority to make decisions for the population
All resources provided by nature
An organization that sells goods
Goods and services sold overseas
A system where all factors of production, distribution and consumption of goods and services are controlled by the government
All human effort, both physical and intellectual
Reward for the use of resources
Income flows that are removed from the Circular Flow model. (savings, tax, imports)

32 Clues: Purchase of new capital • Payment for use of land • Basic necessities for life • Payment earned by entrepreneurs • Reward for the use of resources • All resources provided by nature • An organization that sells goods • Goods and services sold overseas • Used to pay for goods and services • Goods and services bought from overseas • Equipment used to make goods and services • ...

Economics 2020-04-29

Across

Raw materials used to make goods and services (land, labour, capital & enterprise)
Organisations that make goods and services
Physical items used by consumer and services for a profit
Money paid at a particular rate for the money lent
A system where all factors of production, distribution and consumption of goods and services are controlled by the government
Compulsory government levy
Payment for use of land
Place where goods and services are bought and sold (Coles, Seek.com, Fremantle markets) Same as Market
An organization that sells goods
Payment per hour for labour
Where actions by one party have impacts on another, particularly economically.
A system which allows private ownership of the factors of production
Used to pay for goods and services
All resources provided by nature
Place where factors of production are bought and sold
Organization with authority to make decisions for the population
Ability to combine all resources to make something (plan, recipe, system etc)
Institution which handles money for households and firms
Payment per year for labour
Goods and services sold overseas
Purchase of new capital
Complex group of firms in many countries each producing a component of a final product.
Goods and services bought from overseas
An economy where people produce only enough goods and services for their own family
Goods and services which we desire but don’t need

Down

Payment earned by entrepreneurs
All human effort, both physical and intellectual
Final users of goods and services to satisfy their needs and wants
Income flows which are added to the Circular Flow of Income model (investment, govt. spending, exports)
Actions done for consumers by producers
A company that operates in many countries with independent headquarters in each.(McDonalds)
The study of how people use scarce resources to satisfy needs and wants
A system where factors of production are owned by the government
A company which operates in several countries with its headquarters in the parent country. (Apple)
Basic necessities for life
Income flows that are removed from the Circular Flow model. (savings, tax, imports)
Equipment used to make goods and services
Action of only doing one part of the process
The cost of the next-best alternative opportunity
Financial assistance given to people by the Government
Situation where demand is greater than supply
Basic units used to make goods and services
Place where goods and services are bought and sold.
Reward for the use of resources
That part of earnings not spent

45 Clues: Payment for use of land • Purchase of new capital • Compulsory government levy • Basic necessities for life • Payment per hour for labour • Payment per year for labour • Payment earned by entrepreneurs • Reward for the use of resources • That part of earnings not spent • An organization that sells goods • All resources provided by nature • Goods and services sold overseas • ...

Economics 2020-08-30

Across

the final market value of all goods and services produced in the economy over a given period of time
_ is gross income less the direct taxes
acronym of non-accelerating inflation rate of unemployment
this rate refers to the price of the currency on international markets
occurs when the demand for a good or service is equal to the supply of a good or service at a particular price
_income is disposable income plus indirect government benefits provided in the form of goods and services
the carbon tax is designed to tackle this
output per unit of input or output over inputs
this type of development refers to the development of a nation at a pace that does not erode the ability of future generations to enjoy the same quality of life
total value of assets minus the total value of liabilities
a number between zero and one providing an indication of the degree of inequality in the distribution of income
a period of very high rates of growth in production, highest in the business cycle
this curve plots the percentage share of total income earned on the vertical axis against each quintile(decile) on the x-axis
total volume of goods and services available for sale in an economy in a given time frame
_unemployment occurs where a person is unemployed due to mental, physical or other characteristics (criminal background, physical disabilities)
_income is income from investments and other sources
total expenditure on Australian made goods and services
the responsiveness of demand or supply to a change in a variable such as price
_poverty occurs when a household has a low level of income compared to a generally agreed standard (or below the Henderson line).

Down

_rate refers to the percentage of the population 15 years and over who wish to participate in the labour force
_unemployment refers to ‘discouraged workers’ people who are not working but are not counted as unemployed
_line is referred to as the 45 degree line, also the line of absolute inequality
_poverty refers to people living in a situation where they have insufficient income to purchase the basic goods and services
_unemployment refers to a rise in unemployment due to insufficient levels of AD
is an example of a market based approach to addressing climate changed
_test to determine whether a person is eligible for superannuation, social welfare benefits
a sustained increase in the general or average price level over time
when one currency is able to purchase more of another currency, a higher Australian dollar in comparison to other currency
the cost of borrowing money or alternatively the return offered to hose lending money
a better measure economic growth, measure value of final good and services produced in Australia, discounted for the effects of inflation
_unemployment occurs when a person is unemployed for that period of time while they are moving from one job to another
_income is income, money derived from paid work through employment
occurs when people are employed, but would like and are available to work more hours
exports minus imports
_tax system is one where higher income earners pay a higher percentage rate of tax compared to lower income earners
taxes, savings and imports and examples of these
government body in control of monetary policy
_unemployment occurs where the skills of the unemployed do not match the skills required by the industry, or technological changes
government spending, investment and exports and examples of these
_household income is adjusted disposable income to take into account the size and composition of households

40 Clues: exports minus imports • _ is gross income less the direct taxes • the carbon tax is designed to tackle this • government body in control of monetary policy • output per unit of input or output over inputs • taxes, savings and imports and examples of these • _income is income from investments and other sources • total expenditure on Australian made goods and services • ...

Economics 2016-12-07

Across

natural resource
problem unlimited wants,limited resources
cabinet maker
buys goods and services
way of presenting a product to appeal to the consumers
fixed amount paid at yearly rate
photocopier
earning of a salesman
innovative and takes risks
the study of allocating limited resources
a plan made by a person about how to spend available money
consumer's earning

Down

cost of giving up something to get the want
inability of the economy to satisfy wants at the same time
a teacher
paid hourly
businessman's way of earning
strategies to promote a product
goods we must have to live
makes goods or provides services

20 Clues: a teacher • paid hourly • photocopier • cabinet maker • natural resource • consumer's earning • earning of a salesman • buys goods and services • innovative and takes risks • goods we must have to live • businessman's way of earning • strategies to promote a product • fixed amount paid at yearly rate • makes goods or provides services • problem unlimited wants,limited resources • ...

ECONOMICS 2017-03-21

Across

type of license to allow owner to sell out at any time
simplest business form under one can operate a business
type of monopoly that exists as a result of the high fixed costs
type of security that signifies ownership
boy scouts, church
group of producers who manipulate prices
limit commercial use of land
small number of firms has large majority of market share
portion of the company's earnings
market of a single seller

Down

process of distinguishing a product or service from others
agreement between competing sellers
govt. license that allows holder to design new materials for a period of time
marketable item produced to satisfy wants or needs
payment to work in addition with wages
future sacrifices of economic benefits
rival companies cooperate
debt investment to loan money
something you own
payment to the owner of the property

20 Clues: something you own • boy scouts, church • rival companies cooperate • market of a single seller • limit commercial use of land • debt investment to loan money • portion of the company's earnings • agreement between competing sellers • payment to the owner of the property • payment to work in addition with wages • future sacrifices of economic benefits • ...

ECONOMICS 2018-11-11

Across

paribus latin phrase meaning “other things equal”
measure of a variable’s sensitivity to a change in another variable
consumers willingness to pay a price for a good
process of combining various materials
market that is dominated by only a few large firms
income of employees
first branch of economics
employees
desires
state where supply and demand are balanced
lack of resources

Down

utility consumer gains from consuming one good
opposite of equilibrium
properties
goods that producers are willing to provide
necessities
second branch of economics
market structure characterized by single seller
investment
greek prefix word “mikro”

20 Clues: desires • employees • properties • investment • necessities • lack of resources • income of employees • opposite of equilibrium • first branch of economics • greek prefix word “mikro” • second branch of economics • process of combining various materials • state where supply and demand are balanced • goods that producers are willing to provide • ...

ECONOMICS 2019-03-28

Across

This is general name for the voluntary exchange of goods and or services.
This is a tax on imported goods and is usually designed to protect domestic production of similar goods.
This is a restriction to regulate international commerce and business.
This is the way in which a society deals with the production, distribution, and consumption of goods and services.Example: Market Economy, Mixed Economy, Planned Economy, etc.
Abuja is the capital, but Lagos is its largest city.
This is the name given to an economy that may contain market, command, and/or traditional economic systems.
This is equipment and factories used in the production of goods and services.
This country has three capitals- Pretoria, Bloemfontein (judicial), and Cape Town (legislative)- though Johannesburg is its largest city.
This is the term that is used to describe the percentage of people in a country who have the ability to read and write.
This is the social science dealing with the production, distribution, and consumption of goods and services.
The paper money and coins- sometimes called "cash"- that make up the money supply of a nation.

Down

This is a person who takes the risk of a new business enterprise.
The total value of all the goods and services produced within a country in a given year
This is the general name for an economic system characterized by a central authority which makes major economic decisions.
This is an economy in which the government- ideally- has nothing to say about what, how, and for whom goods are produced; the factors of production are privately owned.
This country's capital, Nairobi, is close to its southern border with Tanzania.
This is a type of protectionist trade restriction that sets a physical limit on the quantity of a good that can be imported into a country in a given period of time.
This is when each worker performs a specific task in production.
Ability to obtain goods and services before payment, or money lent or made available, both with specific guidelines for repayment.
Although it has many definitions, this is generally the act of providing funds to a financial organization for the purposes of making that organization more profitable, while earning a personal profit at the same time.
This is the process of prohibiting commerce and trade with another country. This is often done to affect the country to change an internal policy.

21 Clues: Abuja is the capital, but Lagos is its largest city. • This is when each worker performs a specific task in production. • This is a person who takes the risk of a new business enterprise. • This is a restriction to regulate international commerce and business. • This is general name for the voluntary exchange of goods and or services. • ...

Economics 2019-05-27

Across

an exchange of goods that if done correctly allows a country to consume outside its PPC
type of unemployment that relates to jobs that only exist for part of the year
fixed costs can be changed
value of all economic activity in a year
market for different currencies
the maximum amount of goods a country can produce
many firms with differentiated products
few firms with barrier to entry
revenue minus costs

Down

moved by changes in resource number or chnage in technology
the amount of people who are willing and able to work
Moved by changing the money supply or by lowering taxes
many firms with identical products
type of unemployment that relates to unemployment between jobs or between education and job
type of unemployment that relates to the changes in the business cycle
an economist that advocated fro government intervention in the market
The amount of happiness derived from one more unit of a good
shows relationship between unemployment and inflation
the increase in the price level
Only one firm in a market

20 Clues: revenue minus costs • Only one firm in a market • fixed costs can be changed • market for different currencies • the increase in the price level • few firms with barrier to entry • many firms with identical products • many firms with differentiated products • value of all economic activity in a year • the maximum amount of goods a country can produce • ...

economics 2016-05-09

Across

smith/considered to be the founding father of modern Economics.
is the amount of an asset or resource that exceeds the portion that is utilized.
IRA/ is an individual retirement plan
decline in economic activity spread across the economy.
measurement of "useful-ness" that a consumer obtains from any good
floor/ is a situation when the price charged is more than or less than the equilibrium price determined by market forces of demand and supply
A market structure characterized by a single seller, selling a unique product in the market.
money is currency that a government has declared to be legal tender, but is not backed by a physical commodity.
is an agreement among the United States, Canada and Mexico designed to remove tariff barriers between the three countries.\
is a range of economic and social systems characterized by social ownership and democratic control of the means of production
is a sustained increase in the general price level of goods and services in an economy over a period of time.
worth/ s the total assets minus total outside liabilities of an individual or a company.
faire/ a system or point of view that opposes regulation or interference by the government in economic affairs beyond the minimum necessary to allow the free enterprise system to operate according to its own laws.

Down

is a low turning point or a local minimum of a business cycle.
standard/A monetary system in which a country's government allows its currency unit to be freely converted into fixed amounts of gold and vice versa.
advantage/ states that if countries specialize in producing goods where they have a lower opportunity cost – then there will be an increase in economic welfare.
is an increase in the level of economic activity, and of the goods and services available.
fund/ is an account that is used to set aside funds to be used in an emergency.
is the economic policy of restraining trade between countries through methods.
is the only global international organization dealing with the rules of trade between nations.
is a benefit given by the government to groups or individuals usually in the form of a cash payment or tax reduction.
the highest point between the end of an economic expansion and the start of a contraction in a business cycle.
Hayek/ is well-known for his numerous contributions in the field of economics and political philosophy.
advantage/ 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.
trade/ is a policy followed by some international markets in which countries' governments do not restrict imports from, or exports to, other countries.

25 Clues: IRA/ is an individual retirement plan • decline in economic activity spread across the economy. • is a low turning point or a local minimum of a business cycle. • smith/considered to be the founding father of modern Economics. • measurement of "useful-ness" that a consumer obtains from any good • ...

Economics 2016-05-11

Across

policy means by which a government adjusts its spending levels and tax rates to monitor and influence a nation's economy
complete control over imdustry
a state of limited competition
used by economists to predict future economic activity
also known as the "the Fed"
smooth out the effects of expansion and contraction in the business cycle by using fiscal and monetary policy
government program guaranteeing access to some benefit by members of a specific group and based on established rights or by legislation
international trade left to its natural course without tariffs, quotas, or other restrictions
the less amount of money allowed to get paid when working
an increase in the value of one currency in terms of another
bottom point on graph
low supply
hands off government
an economic system in which private business operates in competition and largely free of state control
a political theory derived from Karl Marx
the amount by which the cost of a country's imports exceeds the value of its exports
an account that is used to set aside funds to be used in an emergency
an individual retirement account
allows business owners to measure the additional benefits of one production activity versus its costs
measure of what an entity is worth
an American economist and statistician best known for his strong belief in free-market capitalism
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 system by which the value of a currency was defined in terms of gold

Down

situation when the price charged is more than or less than the equilibrium price
mass production
an index of the variation in prices paid by typical consumers for retail goods and other items
everyone is eligible to work
situation in which income exceeds expenditures
advocates that the means of production, distribution, and exchange should be owned or regulated by the community as a whole
restraining trade between countries through methods such as tariffs on imported goods
measure of average income per person in a country
only global international organization
broadest quantitative measure of a nation's total economic activity
if countries specialise in producing goods where they have a lower opportunity cost
money granted to help an industry
famous economist born in Vienna, Austria
use of monetary or fiscal policy changes to kick start a lagging or struggling economy
measurement of "useful-ness" that a consumer obtains from any good
decline of progress
resource that exceeds the portion that is utilized
ability to produce a better quality good using the same resources
policy macroeconomic policy laid down by the central bank
top point on graph
an agreement among the United States, Canada and Mexico designed to remove tariff barriers between the three countries
measures how efficiently production inputs
known for Wealth of Nations
a situation when the price charged is more than or less than the equilibrium price
when the demand for a product or service exceeds its supply in a market
increase of progress
currency that a government has declared to be legal tender, but is not backed by a physical commodity

50 Clues: low supply • mass production • top point on graph • decline of progress • hands off government • increase of progress • bottom point on graph • also known as the "the Fed" • known for Wealth of Nations • everyone is eligible to work • complete control over imdustry • a state of limited competition • an individual retirement account • money granted to help an industry • ...

Economics 2018-01-26

Across

An economy that may contain market, command, and/or traditional economic systems
The role of the consumer as the ruler of the market; the consumer decides what goods and services will be produced
An economy in which the government has little to say about what, how, and fir whom goods are produced; the factors of production are privately owned
This is the right of the government to take private property, like land, for public use
Finished product used by an individual for personal use
when allocating by force, goods, services, and factors of production are given or taken away under using threats
Methods available to societies as they seek to answer for whom to produce (how resources are distributed)
this allocation strategy can distribute the resource to the person who wins. The winning could be based on running a race, in academics, or in a test/knowledge/skill
fairness within the economy
the process of reducing or eliminating government regulations on an industry, allowing for more laissez-faire business practices
economic system where the factors of production are privately owned
health program sponsored by the United States Government that provides services to individuals and families with low incomes
one who buys goods or services for personal use

Down

makes businesses produce efficiently and keeps costs low
Occur when the private market is unable to produce goods and services in a way that the marginal benefit to society from the production of the good is equal to or greater than the marginal cost to society for producing the good
us publicly funded health insurance program for the elderly and the disabled
This refers to rules established at some level of government for the purpose of guiding business practices, it is commonly accepted that it may increase the cost of doing business
Economic system characterized by a central authority which makes major economic decisions
this allocation strategy, also known as random selection, gives everyone who wants the good, service, or factor of production equal odds of obtaining it
The negative impact of economic activity upon people who are not directly involved
this allocation strategy allows people to receive a good, service, or a factor of production if they get to it first or are one of the people close enough to the front of the line to receive the good, service, or factor of production before there are none remaining
Seeks to ensure that all those who are willing and able to work have the opportunity to do so
The way in which a society deals with the production, distribution, and consumption of goods and services
An increase in real GDP. It happens through increased investment in capital goods, himan capital, and technology
the ability of consumers, producers, and workers to make their own decisions about consumption, production, and distribution of goods and services
this strategy is based on the decisions of a power person or group of people who make the most of the decisions about who gets to obtain a good, seevice, or factor od production
this is legally granted exclusive right to produce a product a process for a given period of time, usually to the inventor of that product or process
act of providing funds to a financial organization for the purposes of making that organization more profitable, while earning a personal profit at the same time
This strategy occurs when a group of people who have control over a good, service, or factor of production vote to decide how it will be distributed
how well factors of production are allocated as compared to what is desired by consumers and how they are used in production to keep costs low

30 Clues: fairness within the economy • one who buys goods or services for personal use • Finished product used by an individual for personal use • makes businesses produce efficiently and keeps costs low • us publicly funded health insurance program for the elderly and the disabled • economic system where the factors of production are privately owned • ...

Economics 2020-09-10

Across

you can go to a food ______ to buy all kinds of fresh foods
getting products or service to the consumer is called what
a special economy that relies on trade
if u sell a certain item at a certain store and u sold that item for _______
a positve reward for behaving in a certain way
___________ is when producing any goods or service requires land, labor, and capital
the hard work you put in your job
a extra or additional benefits of a certain decision

Down

the _______ of working at subway is freesix inch sandwiches
lansing is the ______ of michigan
you by a plot of ___ to start a business
a punishnment or fine for a bad behavior
i am consuming bacon packages
the _____ to makes this product is $10.00
_______ is when thier a inequality exist between wants and recource availabilty
the study of all the economy as a hole
people who makes goods or service is called what
to give a person something and gets something back is consider a even ____
economy the study of individual consumers and buisness
_______ is a social sience that studies how people , are acting indivualy and or in a group

20 Clues: i am consuming bacon packages • lansing is the ______ of michigan • the hard work you put in your job • the study of all the economy as a hole • a special economy that relies on trade • you by a plot of ___ to start a business • a punishnment or fine for a bad behavior • the _____ to makes this product is $10.00 • a positve reward for behaving in a certain way • ...

Economics 2018-11-25

Across

able to be felt by touch
one person's consumption does not take away from another's consumption
bringing dissatisfaction or unhappiness
tasks that people pay other's to do for them
outcomes that are not intended
most highly valued opportunity when a choice is made
encourages or motivates a person to take action
not able to be felt
additional
anything that satisfies a person's wants
author of the wealth of nations

Down

the science that studies the choices of people trying to satisfy their wants
means for deciding who gets what of the available resources
special talents some people have for searching out and taking advantage of new businesses
all natural resources found in nature
individuals own most of the resources and control their use
condition in which our wants are greater than our resources
more of one thing necessarily means less of something else
a thing that we desire to have
bringing happiness or satisfaction

20 Clues: additional • not able to be felt • able to be felt by touch • outcomes that are not intended • a thing that we desire to have • author of the wealth of nations • bringing happiness or satisfaction • all natural resources found in nature • bringing dissatisfaction or unhappiness • anything that satisfies a person's wants • tasks that people pay other's to do for them • ...

Economics 2018-09-27

Across

All the natural resources (including land/space) used in the production of a good or service.
Refers to "first world" countries, states where nearly all citizens have access to infrastructure, healthcare, clean water, and technology; little to no extreme poverty.
Condition of being unequal (economic inequality)
It's very difficult for people to escape poverty
Refers to property or other assets that have no proven ownership.
All the human labor required for the production and distribution.
Average age of death for people in a nation.
An increase in the capacity of an economy to produce goods and services.
The state of owing money.
prizes, money, or other material gain awarded for a desired behavior.
Benefits guaranteed to an individual.
Combined value of all goods and services bought, sold, and produced in a year.
percent of a population that can read at a primary school level or higher.
The use of monetary or fiscal policy changes to kickstart growth in the economy.

Down

Quantification of the economic value of a worker's skill set.
Also "third world" nations, these countries host a high level of extreme poverty and many citizens lack access to basic healthcare and infrastructure.
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.
Set of factors or events by which poverty, once started, is likely to continue unless there is outside intervention.
Measures the rate of people seeking work that are unable to find it in a giving economy.
The term for the basic physical systems of a business or nation.
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.
Mainly free enterprise but government sets and organizes programs intended to promote economic progress and consumer safety.
average number of children born per family in a nation.
The creative minds (inventors) and business people who are essential to the development or improvement.
Period of no or negative economic growth (negative GDP growth rate) that last more than six months.

25 Clues: The state of owing money. • Benefits guaranteed to an individual. • Average age of death for people in a nation. • Condition of being unequal (economic inequality) • It's very difficult for people to escape poverty • average number of children born per family in a nation. • Quantification of the economic value of a worker's skill set. • ...

Economics 2021-05-14

Across

: A financial institution that collects deposits from the public and extends credit to businesses and households.
: means the positive change in the production of goods and services in an economy over a given period.
: A sharp downturn in general economic activity.
: In economics, this refers to rivalry between several agents for the same market.
: selling part of the production of goods or services in the other country
: decrease in the general price level
: Situation of a business owner who cannot pay his debts, keep his commitments.
: a person who starts a business
: Excess of expenditure over earnings.

Down

: the situation of a person who wants to work and has the capacity to do so, but finds himself or herself jobless in spite of searching.
: entry into a country of goods or services from another country
: Also called a firm, it is an organisation whose purpose is to produce and supply goods or services to a set of customers.
: a situation in which one supplier has an exclusive position on a product or service offered to a multitude of buyers.
: to be prudent in spending, to set aside money for a particular purpose.
: It is a fraction of the capital of a listed company
: an immediate expenditure intended to increase the wealth of the person incurring it in the long term
: periodic payment, paid by an employer to a salaried employee
: It is a practice to record all the flows, expenses and revenues of the company.
: the sum of a company's sales of goods or services over an accounting period.
: Rising prices of goods and services.

20 Clues: : a person who starts a business • : decrease in the general price level • : Rising prices of goods and services. • : Excess of expenditure over earnings. • : A sharp downturn in general economic activity. • : It is a fraction of the capital of a listed company • : periodic payment, paid by an employer to a salaried employee • ...

Economics 2021-06-04

Across

What is low inflation?
What is it called when congress changes aggregate demand?
Oil is an example of what in economics?
What type of economy follows culture and history?
Equipment is an example of what in economics?
How do banks make their money?
what is inflation?
What is someone's total amount of money?
What is the name of the place where people go to get a higher education after high school?
What shows the different amounts of products supplied?
What shows the demand for a product at all prices?
when you give one thing up for another

Down

High inflation is when inflation rate is greater than what percent?
A shrinking economy is also called what?
What is the measurement for the total worth of all goods and services?
What is the willingness to buy a product?
What is it called when a bank gives someone money in hopes that they return it?
the idea of limited resources
What is it called when goods or services are coming into the country?
When you put money away and don’t spend it
What is aggregate demand?
What is the amount of products produced?
Productivity is a determinant of what?
What is the central bank of the U.S?
What is the power to control the money supply?

25 Clues: what is inflation? • What is low inflation? • What is aggregate demand? • the idea of limited resources • How do banks make their money? • What is the central bank of the U.S? • Productivity is a determinant of what? • when you give one thing up for another • Oil is an example of what in economics? • A shrinking economy is also called what? • ...

Economics 2021-04-15

Across

money that is owed
businesses, place where the buying and selling of good occurs
a person who organizes, operates, and assumers the risk to start a new business
is an economic system in which private individuals or businesses own capital goods: the U. S. has this kind of economy
money borrowed that must be repaid, usually with interest
a reserve of money for unforeseen expenses or future purchases
a person or business that supplies consumers with goods or services
households, business, banks, and the government are examples of__________ in the U. S.
the legislative body of a state that plays a role to collect taxes

Down

when businesses sell the same product and work to gain consumers
rate which is charged or paid for taking out a loan
a place where people put their money to be used by lending it to others to buy homes, businesses, and other financial demands
focusing on providing one kind of product or service example
the amount a consumer is willing to pay for a good or service, influenced by supply and demand
a plan for spending money
a person who buys goods or services in great demand in the market
the money people earn for work
the final consumers of goods and services that create demand in the market
the money remaining after the costs of a business have been paid
exchanging goods and services
collected from households and businesses by the government to pay for services

21 Clues: money that is owed • a plan for spending money • exchanging goods and services • the money people earn for work • rate which is charged or paid for taking out a loan • money borrowed that must be repaid, usually with interest • businesses, place where the buying and selling of good occurs • focusing on providing one kind of product or service example • ...

Economics 2021-04-06

Across

an economic term referring to the static quantity of a good or service when its price changes
an individual, or entity, who exchanges any good or service in return for payment
a change in the behavior of buyers and sellers in response to a change in price for a good or service
a thing that completes or brings to perfection
the current price at which an asset or service can be bought or sold
the difference between the revenue received from the sale of an output and the costs of all inputs used
a person or thing acting or serving in place of another
items that satisfy human wants and provide utility
a graph showing how the demand for a commodity or service varies with changes in its price
the part of economics concerned with single factors and the effects of individual decisions
money received, especially on a regular basis, for work or through investments

Down

the amount or number of a material or immaterial thing not usually estimated by spatial measurement
the total amount of a specific good or service that is available to consumers
a person who is buying something or who intends to buy it
any basic, quantifiable item that creates value for a business
Marginal Utility all else equal as consumption increases the marginal utility derived from each additional unit declines
Of Demand a fundamental principle of economics that states that at a higher price consumers will demand a lower quantity of a good
someone who creates and supplies goods or services
a regular gathering of people for the purchase and sale of provisions, livestock, and other commodities
an insistent and peremptory request, made as if by right
the item offered for sale
the action of replacing someone or something with another person or thing
a tabulation of the quantity of a good that all consumers in a market will purchase at a given price
a person who buys and uses up goods
the benefit gained from consuming one additional unit of a good or service

25 Clues: the item offered for sale • a person who buys and uses up goods • a thing that completes or brings to perfection • someone who creates and supplies goods or services • items that satisfy human wants and provide utility • a person or thing acting or serving in place of another • an insistent and peremptory request, made as if by right • ...

Economics 2024-04-27

Across

this law establishes a minimum amount that an employer can pay a worker for one day of labor
is a process and it exists when a group of buyers and sellers communicate to exchange goods and services
came from nature that are used in production, including land, raw materials, and natural process
it is the quantities of a particular good or service consumers are willing and able to buy at different possible prices
a property form which the owner receives payment from the occupants, known as tenants, in return for occupying or using the property
the efforts of people involved in production, including labor and entrepreneurship
things that are often are sold or used together
the amount of a product that is offered for sale at all possible prices in the market
it is the captain of the industry
is a mandatory financial charge or some other type of levy imposed upon a taxpayer by a governmental organization in order to fund various public expenditures
the essentials of life, such as food and shelter
is a social science concerned with using scarce resources to obtain the maximum of the unlimited wants of society
it is the physical and human effort exerted in production
man-made resources used in the production of goods and services which include machineries and equipment
this is the authoritative system wherein decision-making is centralized in the government or a planning committee
shows how the quantity demanded of a good depends on its determinants
businesses take loans to fund capital projects and expand their operations by purchasing fixed and long-term assets such as land, buildings, and machinery
methods are stagnant and therefore not progressive
under perfect competition all firms sell homogenous goods which are identical in quantity, shape. size, and color
a state in which the supply and demand for a given good or service are in balance
is a division of economics that is concerned with the overall performance of the entire economy
is a market situation in which there are few (more than two) sellers
is the art of turning an idea into a business
the government and the economy are equal
is a market structure in which large number of sellers sell a homogenous product at uniform price
a table that shows the quantity demanded of a good or service at different price levels
is the application of economic theory and econometrics in specific settings with the goal of analyzing potential outcomes

Down

the processed materials, equipment, and buildings used in production
it concerned with the process of setting prices of goods that is also known as Price Theory
he described economics as study of mankind in the ordinary business life
Between the extremes of monopoly and perfect competition
refers to using one’s savings in a way that earns a return
equilibrium means a state of equality or balance between market demand and market supply
consumers buy more of a good when its price decreases and less when its price increases
is when supply is limited
is an asset or item acquired with the goal of generating income or appreciation
Tendency of suppliers to offer more of a good at a higher price and less at lower prices
refers to an increase in the value of an asset over time
it is the specific type of oligopoly where only two producers exist in one market
is when a good is scarce compared to its demand
this is the most democratic form of economic system
the limited nature of resources, which underlies the basic economic problem
the problem of having unlimited wants, but limited resources to satisfy them
desires for non-essential items
form of market in which there are large numbers of sellers selling differentiated products which are similar in nature but not homogenous
refers to the market situation where there is one seller and there is no close substitute to the commodities sold by the seller
soil and natural resources that are found in nature and are not man-made
it refers to the value of the best foregone alternative
graphical representation of the relationship between the price of a good or service and the quantity
this refers to the minimum amount of remuneration that an employer in required to pay wage earners for the work performed during a given period

50 Clues: is when supply is limited • desires for non-essential items • it is the captain of the industry • the government and the economy are equal • is the art of turning an idea into a business • things that are often are sold or used together • is when a good is scarce compared to its demand • the essentials of life, such as food and shelter • ...

Economics 2024-05-28

Across

activity
resources
force
gain
goods
amount
like
person
require
Rise
reward

Down

fall
traits
acronym
competitive
economic problem
emotional
option
quantity
rational

20 Clues: fall • gain • like • Rise • force • goods • traits • option • amount • person • reward • acronym • require • activity • quantity • rational • resources • emotional • competitive • economic problem

economics 2023-11-14

Across

a person with temporary permission to work in another country
output per worker or per hour worked
a type of business often run by a board to provide a benefit to the public
a merger between two firms involved in different stages of production join together
a group of people whose job is to fight for an increase of wages and safer work conditions for its members
a relationship between people or groups based on shared feelings, interest, or experience
to obtain goods from a foreign supplier
a demand for a commodity or service which is a consequence of the demand for something else
business owned and operated by individuals for their shared benefit
a business agreement by two or more individuals to share responsibilities

Down

the practice of basing some of a company's process overseas to take advantage of lower costs
a business owned by one person
the state of being responsible of something
pays a fee to the parent company for the exclusive right to sell something
a merger between two competing companies in the same industry
to provide someone with advantageous economic or working conditions
the process by which education increases productivity and results in higher wages
most complex form of business owned by individual stockholders
gives workers the right to decide whether to join a union or not in the workplace
wages fluctuate with respect to the demand and supply of labor

20 Clues: a business owned by one person • output per worker or per hour worked • to obtain goods from a foreign supplier • the state of being responsible of something • a person with temporary permission to work in another country • a merger between two competing companies in the same industry • most complex form of business owned by individual stockholders • ...

Economics 2023-11-13

Across

output per worker or per hour worked.
the exclusive authority to determine how a resource is used, whether that resource is owned by government or by individuals.
business practice of hiring a party outside a company to perform services or create goods that were traditionally performed in-house by the company's own employees and staff.
sum of the employed plus the unemployment
the demand for a good or service that results from the demand for a different, or related, good or service.
Business owned by on person
owner licenses its operation along with products,branding,and knowledge.
two or more individuals share responsibility,assets,profit,and financial/legal liabilities.
merger of two or more companies that provide different supply chain functions.
the process by which education increases productivity and results in higher wages.
being responsible for something,especially by law

Down

the transferring activities or ownership of a complete business process to a different country from the country (or countries) where the company receiving the services is located.
a worker who is hired on a temporary or fixed-term contract basis to provide specific services for a specific project or period of time.
condition or state in which economic forces are balanced.
merger occurring between companies in the same industry.
investor lends money to company for period of time in exchange for regular price interest.
an unfair labor practice that occurs when a union requires an employer to pay for services they did not perform.
semi independent business that pays fees
the theory that the completion of college indicates to employers that a job applicant is intelligent and hard-working.
foreign national who is permitted to live and work temporarily in a host country.

20 Clues: Business owned by on person • output per worker or per hour worked. • semi independent business that pays fees • sum of the employed plus the unemployment • being responsible for something,especially by law • merger occurring between companies in the same industry. • condition or state in which economic forces are balanced. • ...

Economics 2024-02-14

Across

medium of exchange for goods and services
people who buy or use goods and services to satisfy their wants
A financial institution licensed to receive and make loans
a market place where securities, commodities, derivatives, and others are traded
the way total output, income, or wealth is distributed among individuals
The large set of inter-related production, consumption, and exchange activities
a fixed income instrument that represents a loan made by an investor to a borrower
public availability or knowledge of something
A product or service produced in one country but sold to a buyer abroad
an estimate of income and expenditure for a set period of time

Down

Exchange for other goods and services without using money
anything that confers value or benefit to its owner such as a factory and its machinery
an activity involving two or more firms in which each firm tries to get people to buy their goods
A persons regular occupation, profession, or trade
the monetary value of goods and services purchased by producers and consumers
transaction between two parties in which one supplies money, goods, services, or securities in return for a promised future payment
Economic concept that relates to a consumers desire to purchase goods
Items that satisfy human wants, provide utility, or usefulness and are scarse
an organization set up to provide help and raise money for those in need
An advantage or profit gained from something

20 Clues: medium of exchange for goods and services • An advantage or profit gained from something • public availability or knowledge of something • A persons regular occupation, profession, or trade • Exchange for other goods and services without using money • A financial institution licensed to receive and make loans • ...

Economics 2024-02-21

Across

a model of production and consumption, which involves sharing, leasing, reusing, repairing, refurbishing and recycling.
an organization or enterprising entity engaged in commercial, industrial, or professional activities.
a source of supply or support.
a measure of output per worker per unit of time.
a falling short of an essential or desirable amount or number.
the money used to build, run, or grow a business.
pay a lender their principal and usually interest on a loan.
a spending plan based on income and expenses.
is an institution where people or businesses can keep their money.
a charge usually an exchange of goods or services by economic actors.

Down

the sum or amount of money or its equivalent bought or sold.
agreeing through discussion.
to make available for use.
a shore in the ownership of a company.
generosity and helpfulness especially toward the needy or suffering.
income, especially when a company and a subtatail nature.
a proportional part or share assigned to each in a body.
an economoy of or reduction in many, time, resources.
all proerty that has a money value exchangeable value.
is an act of trading goods or services between two without the use of money.

20 Clues: to make available for use. • agreeing through discussion. • a source of supply or support. • a shore in the ownership of a company. • a spending plan based on income and expenses. • a measure of output per worker per unit of time. • the money used to build, run, or grow a business. • an economoy of or reduction in many, time, resources. • ...

Economics 2024-08-16

Across

The point at which the quantity of a good or service supplied equals the quantity demanded, leading to a stable price.
Financial assistance given by the government to support a specific industry or reduce the cost of a product.
The situation where people who are able and willing to work cannot find a job.
The value of the next best alternative that you give up when you make a choice.
The practice of spreading investments or business activities across different areas to reduce risk.
A measure that examines the average change in prices over time that consumers pay for a basket of goods and services.
The act of putting money into something, such as stocks, property, or a business, with the hope of earning more money in the future.
The use of government spending and taxation to influence the economy.
National Product The total value of all goods and services produced by a country’s residents, including those abroad, in a given period.
Growth: The increase in a country’s production of goods and services over time, typically measured by GDP.
A situation where a country imports more goods and services than it exports, leading to more money flowing out than coming in.
Actions taken by a country’s central bank to control the money supply and interest rates in the economy.
The total income a business earns from selling its goods or services before any expenses are subtracted.
The total amount of a good or service that is available for people to buy.
The value of ownership in an asset or company, often referring to fairness in the distribution of wealth and resources.
A measure of how much the demand or supply of a good changes when its price changes.
A plan for how much money will be spent and earned over a certain period, usually created by individuals, businesses, or governments.
A tax placed on imported goods, making them more expensive, to protect domestic industries or generate revenue.

Down

A place or system where buyers and sellers come together to exchange goods, services, or resources.
The total value of all goods and services produced within a country in a given period, usually a year.
A decrease in the general price level of goods and services, which can increase the value of money.
How easily an asset can be converted into cash without losing value.
The desire and ability of people to purchase a good or service at a certain price.
The general increase in prices over time, meaning that money loses value because it buys less.
The percentage charged on a loan or paid on savings, which represents the cost of borrowing money.
The money a business has left after subtracting all its costs from its total revenue.
A market situation where a single company or group controls all or nearly all of the supply of a product or service.
The situation in which there are limited resources to meet unlimited wants and needs.
Money or assets that are used to start or grow a business, such as buildings, machinery, or cash.
The process of giving up one thing in order to gain something else, often seen in decision-making.

30 Clues: How easily an asset can be converted into cash without losing value. • The use of government spending and taxation to influence the economy. • The total amount of a good or service that is available for people to buy. • The situation where people who are able and willing to work cannot find a job. • ...

Economics 2023-02-03

Across

division of work
basic requirement for survival, including food, clothing, and shelter
work or labor preformed for someone
risk taking individual in search of profits
measure of the amount of output of goods and services over time
a stock or supply of money, materials, staff, and other assers that can be drawn on by a person
meeting place or mechanism that allows buyers and sellers to come together
ability or capacity of a good or service to be useful and give satisfaction to someone
a good that wears out or lasts for fewer than three years when used regularly
sum of tangible economic goods that are scarce, useful, and transferable from one person to another
productive resources that make up the four categories of land, capital, labor, and entrepreneurs
market where the factors of production are bought and sold

Down

tangible economic product that is useful
understanding someone
monetary worth of a good or service as determined by the market
gross domestic product
increase in a nation's total output of goods and services over time
fundamental economic problem of meeting people’s virtually unlimited wants with scarce resources
good intended for final use by consumers rather than businesses
tools,equipment, and factories used in the production of goods and services
social science dealing with how people satisfy seemingly unlimited and competing wants with the careful use of scarce resources
people with all their efforts, abilities and skills
something we would like to have but is not necessary for survival

23 Clues: division of work • understanding someone • gross domestic product • work or labor preformed for someone • tangible economic product that is useful • risk taking individual in search of profits • people with all their efforts, abilities and skills • market where the factors of production are bought and sold • monetary worth of a good or service as determined by the market • ...

Economics 2023-02-14

Across

the study of how individuals and nations makes choices about ways to use scarce resources to fulfill their needs and wants
an economic system in which the government makes the major economic decisions
the alternative you face when you decide to do one thing rather than another
the price set for a good or service in the marketplace, where demand and supply are perfectly balanced
a location or an arrangement that allows buyers and sellers to get together and buy or sell a certain product
the amount of a good or service that producers are willing and able to sell over a range of prices
an expense that does not change no matter how much a business produces
the combination of all fixed and variable costs
a person who buys goods and services
the money a business receives from selling its goods or services
an economic system in which the decisions of what, how, and for whom to produce are based on custom or habit

Down

the amount of a good or service that consumers are willing and able to buy over a range of prices
a thing that can be used-natural resources, labor, capital-to make goods or services
situation in which supply of the good or service available is less than the demand for it
efforts by different businesses to sell the same good or service
an expense that changes depending on how much a business produces
the situation of not having enough resources to satisfy all one's wants
an economic system in which individuals and businesses own all resources and make economic decisions on the basis of price
the cost of the next-best use of time or money when choosing to do one thing or another
a market economy that has elements of command and tradition
a person or business that provides goods and services
desire individuals or nations have that can be met by getting a good or service
situation in which the amount of a good or a service supplied by producers is greater than the amount demanded by consumers

23 Clues: a person who buys goods and services • the combination of all fixed and variable costs • a person or business that provides goods and services • a market economy that has elements of command and tradition • efforts by different businesses to sell the same good or service • the money a business receives from selling its goods or services • ...

Economics 2023-03-03

Across

land, labor, capital, and entrepreneur
change in total production cost
sum of money granted by the government
where final goods are sold
one owner
moving from another job
a market that furnishes companies in exchange for monitary benefits
people who work on a product or service
point where price and quantity meet
business owned by two or more people
amount of something left over
goal needed to be met at a specific time

Down

graph that illustrates possible quantities
industrial reorganization
something cannot be obtained
payment or income where goods and services are bring payed for
shortage
loss of potential gain
balance
unemployed at certain times of the year
business owner
business entity owned by sharehloders
tax on imported goods
benefit from an increase in a particular activity
natural resource

25 Clues: balance • shortage • one owner • business owner • natural resource • tax on imported goods • loss of potential gain • moving from another job • industrial reorganization • where final goods are sold • something cannot be obtained • amount of something left over • change in total production cost • point where price and quantity meet • business owned by two or more people • ...

Economics 2023-05-05

Across

when different businesses compete for consumers’ money such as Walmart v. Target or Microsoft v. Apple.
an economic system where property and business are owned by the government. The government makes choices about producing and pricing. The consumers have no choice.
the way people earn and spend money
the money received in payment for goods or services (rent, wages, interest)
the government’s job is to protect property rights.
the founder of a business. Someone who assumes the risk of organizing resources to produce goods and services. Someone who sees an opportunity to make money and takes it.
the money left over after all expenses are paid
the amount the seller has to sell at a particular price
a person who buys goods and services
Scottish economist who came up with the idea of capitalism. He is known as the father of modern economics, wrote the Wealth of Nations, and influenced the Founding Fathers of the United States.

Down

the things that people sell
individuals own businesses and property rather than the government
the name of Adam Smith’s idea of a free market economy
an economic system where businesses and property are privately owned. The price and amount of goods traded are based on supply and demand and has little government regulation.
the person who makes the goods
the right to make decisions for an individual’s business or property
people or businesses offering goods for sale
an activity that someone is paid to perform
the government’s right to take private property for public use as long as they pay a fair price to the owner
what consumers are willing to buy at a given price

20 Clues: the things that people sell • the person who makes the goods • the way people earn and spend money • a person who buys goods and services • an activity that someone is paid to perform • people or businesses offering goods for sale • the money left over after all expenses are paid • what consumers are willing to buy at a given price • ...

Economics 2023-04-30

Across

the practical application of science to commerce and industry
a system in which people make their own decisions about how to save resources as capital and how to use their capital to produce goods and services
the basic economic decisions are made according to long-established patterns of behavior
combining land, labor, and capital
the act of buying or using goods and services
example of a mixed economy
a system in which private individuals own the factors of production and are free to make their own choices about production, distribution, and consumption
anything produced that is used to produce other goods and services
renewable and nonrenewable resources
the difference between the total cost of production and the total revenues from buyers
to use your money to help a business get started or grow with the hope of earning a profit

Down

the highest valued benefit given up when a choice is made
resources are always limited compared with the number and variety of wants people have
the resources people have for producing goods and services to satisfy their wants
the government or a central authority owns or controls the factors of production and makes basic economic decisions
amount
time, energy, knowledge, and skills
example of a command economy
economic system that is a mixture of the three basic systems
example of a traditional economy

20 Clues: amount • example of a mixed economy • example of a command economy • example of a traditional economy • combining land, labor, and capital • time, energy, knowledge, and skills • renewable and nonrenewable resources • the act of buying or using goods and services • the highest valued benefit given up when a choice is made • ...

Economics 2023-05-28

Across

People with disabilities are among those eligible for medicaid if they cannot afford health care
Price are rising too rapidly
Consumers like you and me buy US goods and services
Unemployment directly related to swings in the business cycle
Unemployment caused by annual changes in the weather or other conditions that reduce the demand for jobs
A shrinking economy producing fewer goods and services than before
Recession and inflation together
A negative balance after expenditures are subtracted from revenues
Tax in which the percentage of income paid in tax is the same regardless of the level of income
Spending for federal programs that must receive annual authorization

Down

Federal spending authorized by law that continues without the need for annual approvals by congress
Businesses buy goods called capital
Most people who want a job have a job
When economic progress a change in consumer tastes and progress especially technological change
Bank belonging to the Federal Reserve
Unemployment involving workers changing jobs or waiting to go to new ones
That new or emerging industries should be protected from foreign competition
The government also buys US-made goods and services
A positive balance after expenditures are subtracted from revenues
The main cause of inflation that the government creates
The difference between the money a country put out to, and receives from, other nations when it engages in international trade
Bank that can lend money to other banks in times of need
An increase in prices in general
How many dollars worth of goods and services were made in America over time
People in other countries also buy US goods and services

25 Clues: Price are rising too rapidly • An increase in prices in general • Recession and inflation together • Businesses buy goods called capital • Most people who want a job have a job • Bank belonging to the Federal Reserve • The government also buys US-made goods and services • Consumers like you and me buy US goods and services • ...

Economics 2024-09-12

Across

An economic system in which the government makes all decisions regarding the production and distribution of goods and services.
Refers to man-made resources used in production.
An economic system in which decisions regarding investment, production, and distribution are driven by supply and demand in the marketplace.
Refers to the tangible, man-made assets that are used in the production of goods and services.
An economic system that combines elements of both command and market economies.
Refers to natural resources used in production.
Requirements which is essential for an individual to survive.
A term which looks at behaviors and decisions of customers and businessess.
A statement which cannot be proved and based on making recommendations.
A term which also looks at behaviors and decisions but at a broader level usually with government involvment.
Desires driven by personal preferences or societal influences.
A process of making goods and services.

Down

Involves the ability to combine other factors of production to create goods and services.
Refers to the skills, knowledge, experience, and abilities that individuals possess, which contribute to their productivity in the workplace.
Refers to human resources used in production.
A division used on labor to assign workers on a specific task.
The study of scarcity, resource allocation, and economies.
Concentrate on producing some goods and services rather on the others.
Refers to when resources are unable to satisfy customers wants and needs.
A statement which can be proved based on cause and effects.

20 Clues: A process of making goods and services. • Refers to human resources used in production. • Refers to natural resources used in production. • Refers to man-made resources used in production. • The study of scarcity, resource allocation, and economies. • A statement which can be proved based on cause and effects. • ...

Economics 2023-11-02

Across

The ability of one person or nation to produce a good at a lower opportunity cost than another person or nation.
The effort used to coordinate the factors of production--natural resources, labor, physical capital, and human capital--to produce and sell products.
The stock of equipment, machines, structures, and infrastructure that if used to produce goods and services.
The ability of one person or nation to produce a product at a lower resource cost than another person or nation.
The resources used to produce goods and services; also known as production inputs or resources
The value of an amount of money in terms of what it can buy.
A good or service produced in the home country and sold in another country.
A good for which an increase in income increases demand.
Two goods for which a decrease in the price of one good increases the demand for the other good.
The cost of losing another option when you make a decision.
Reduction in the value of capital goods over a one-year period due to physical wear and tear and also to obsolescence; also called capital consumption allowance.
Commonly defined as six consecutive months of declining real GDP.
The resources we use to produce goods and services are limited.

Down

The percentage of the labor force that is unemployed.
A good for which an increase in income decreases demand.
Personal income that households retain after paying income taxes.
Human effort, including both physical and mental effort, used to produce goods and services.
Two goods for which an increase in the price of one good increases the demand for the other good.
The study of the nation's economy as a whole; focuses on the issues of inflation,umemployment, and economic growth.
Resources provided by nature and used to produce goods and services.
The total market value of final goods and services produced within an economy in a given year.
Sustained increases in the prices of all goods.
The face value of an amount of money.
A good or service produced in another country and brought into a country.
The knowledge and skills acquired by a worker through education and experience and used to produce goods and services.
The study of choices made by households, firms, and government and how these choices affect the markets for goods and services.

26 Clues: The face value of an amount of money. • Sustained increases in the prices of all goods. • The percentage of the labor force that is unemployed. • A good for which an increase in income decreases demand. • A good for which an increase in income increases demand. • The cost of losing another option when you make a decision. • ...

Economics 2023-11-07

Across

gives a company exclusive rights to sell a new good or service for a specific period of time
struggle among producers for the dollars of consumers
the act of redirecting resources from being consumed so benefits can be created in the future
something essential for survival
a formal contract issued by a corporation or other entity
the portion stock is issued in
the amount of a good or service that is available
the coins and bills used as money
a business organization owned and operated by a group of individuals for their shared benefit
the price paid for using borrowed money
companies contract with other companies to do a specific job

Down

the extra cost of adding one unit
negotiating labor contracts that keep unnecessary workers on the company payroll
love of one's country
something we desire but is not necessary for survival
an authorization from the local government to operate a business
money or other valuables that one person contributes in a partnership
an organized work stoppage intended to force an employer to address union demands
desire to own something and the ability to pay for it
a market dominated by a few large profitable firms

20 Clues: love of one's country • the portion stock is issued in • something essential for survival • the extra cost of adding one unit • the coins and bills used as money • the price paid for using borrowed money • the amount of a good or service that is available • a market dominated by a few large profitable firms • struggle among producers for the dollars of consumers • ...

Economics 2023-11-07

Across

gives a company exclusive rights to sell a new good or service for a specific period of time
struggle among producers for the dollars of consumers
the act of redirecting resources from being consumed so benefits can be created in the future
something essential for survival
a formal contract issued by a corporation or other entity
the portion stock is issued in
the amount of a good or service that is available
the coins and bills used as money
a business organization owned and operated by a group of individuals for their shared benefit
the price paid for using borrowed money
companies contract with other companies to do a specific job

Down

the extra cost of adding one unit
negotiating labor contracts that keep unnecessary workers on the company payroll
love of one's country
something we desire but is not necessary for survival
an authorization from the local government to operate a business
money or other valuables that one person contributes in a partnership
an organized work stoppage intended to force an employer to address union demands
desire to own something and the ability to pay for it
a market dominated by a few large profitable firms

Economics 2024-10-29

Across

- the market value of all officially recognized final goods and services produced within a country within one year
- a technique used to determine whether the cost of a decision will be worth the benefit that it gives you
- the economics of single country, or even the world, in terms of the terms of the total amount of goods and services produced, total income earned, and the level of employment of productive resources
- a business cycle slowdown in economic activity for two consecutive quarters (six months); not as severe as a depression
- a time when investment prices rise, usually during an economic recovery or boom
- a time when investment prices fall, usually during an economic recession
- a drop in business or economic activity
- an economic model that illustrates how money, resources, goods and services move through the economy
- Economic expansion and prosperity
- the value of the best alternative that is given up when a choice is made
- a rise in the cost of goods and services when too much money is in the economy
-A sustained economic recession in which a nation's GDP is falling and marked by low production and salesand a high rate of business failures and unemployment
- the act of giving up one thing in exchange for another
- Supply and Demand are two very strong market concepts that show the relationship between producers and consumers, and the price of goods. For example, one of these laws states that when supply goes up, price may go down.

Down

- the periodic highs and lows of the economy
- the percentage you will be charged for borrowing money
- the total dollar value of all final goods and services provided for consumption in society during a particular time period; closely aligned with the GDP
- When the economy is up is a good time to sell investments because prices are high
-the branch of social science that deals with the production, distribution, and consumption of goods and services, and their management
- A severs, sustained downturn in economic activity that lasts for several years
- the idea that economic resources can be used in more than one way
- a lack of goods or services that people demand or want because human wants exceed the capacity of available resources
- When the economy is down is a good time to buy investments because prices are low
- Negative economic growth for at least six months in a row
- the economic behavior of individuals, firms, and markets

25 Clues: - Economic expansion and prosperity • - a drop in business or economic activity • - the periodic highs and lows of the economy • - the percentage you will be charged for borrowing money • - the act of giving up one thing in exchange for another • - Negative economic growth for at least six months in a row • - the economic behavior of individuals, firms, and markets • ...

Economics 2024-12-05

Across

The value of all goods and services made in a country's specific time period.
When activities and sales are bottoming
The number of goods and services that producers are willing to sell
When the necessary sales and labor are being met in the best way possible
This is when an economy is shrinking
The amount of people in the labor force that are unemployed
When a economy is bouncing back from a recession
An economy in decline
Unemployment that typically occur during the end of year seasons
The amount of growth in an economy over time
A fluctuation of GDP in its natural growth rate

Down

A bad, long term downturns in economic activity
When someone voluntarily leaves a job to find another
Long lasting unemployments due to economy shifts
Statistics analysts use to measure current state of economic activity
The whole demand for all goods and services in a certain market
This is referred to when the business is at its all time "peak"
Unemployment due to an economy's business cycle
When the price has little to no fluctuations
Calculates how much more expensive certain goods and services have gotten over time
A value of an economic output that is adjusted for price changes
The weighted average of consumer goods and services purchased by households

22 Clues: An economy in decline • This is when an economy is shrinking • When activities and sales are bottoming • When the price has little to no fluctuations • The amount of growth in an economy over time • A bad, long term downturns in economic activity • Unemployment due to an economy's business cycle • A fluctuation of GDP in its natural growth rate • ...

Economics 2025-03-20

Across

A graph of the quantity supplied of a good by all suppliers at various prices (3 words)
the change in consumption that results when a price increase causes income to decline (2 words)
how consumers respond to price changes (3 words)
The change in output from hiring one more worker (4 words)
when a consumer is sensitive to a price change they are ______
a graph of the quantity demanded of a good at various prices(2 words)
the amount that a supplier is willing and able to supply at a specific price (2 words)
if elasticity is exactly equal to one, demand is ____ ____ (2 words)
the additional cost of producing one more unit (2 words)
a measure of the way quantity supplied reacts to a change in price (3 words)
consumers will buy more if it's cheaper and less if it is more expensive (3 words)
the total cost divided by the quantity produced will get you _____ (2 words)
What you get when you add variable cost and fixed cost (2 words)
Costs that do not change no matter how much of a good is produced (2 words)
are goods bought and used in place of another good
the desire to own something and the ability to pay for it
a government payment that supports a business or Market
a factor that can change
shows the quantities demanded at various prices by all consumers in the market (3 words)
goods that you would not buy if your income increases (2 words)
shows the relationship between prices and the total quantity supplied by a firm in a market (3 words)
government intervention in a market that affects the price, quantity, or quality of a good
are 2 goods usually bought and used together

Down

the additional income from selling one more unit of a good (2 words)
when a consumer is not sensitive to a price change they are ________
producers offer more of a good as its price increases and less as its price Falls (3 words)
goods that consumers demand more of when their income increases (2 Words)
consumers react by buying an alternative, similar item because of a price increase (2 words)
Costs that change as the level of production changes (2 words)
the cost of operating a facility (2 words)
statistical characteristics of populations
shows the relationship between price and quantity supplied for a specific good (2 words)
amount of money the company receives by selling its goods (2 words)
a graph of the quantity supplied of a good at various prices (2 words)
marginal returns a level of production at which the marginal production of Labor decreases as the number of workers increases (3 words)
a level of production in which the marginal production of labor increases as the number of workers increases (3 words)
a table that lists the quantity of a good that a person will purchase at various prices (2 words)
a tax on the production or sale of a good (2 words)
"all other things held constant" (2 words)

39 Clues: a factor that can change • the cost of operating a facility (2 words) • statistical characteristics of populations • "all other things held constant" (2 words) • are 2 goods usually bought and used together • how consumers respond to price changes (3 words) • are goods bought and used in place of another good • a tax on the production or sale of a good (2 words) • ...

Economics 2025-04-01

Across

Work people do to earn money.
Things necessary to live (food, shelter, clothing)
Swapping one thing for another (like trading toys).
Trading goods or services without money.
The amount of money something costs.
Money set aside for future use
A plan for using money wisely
Things that are nice to have but not essential
give something to someone in exchange for money.
Work someone does for others (like haircuts or cleaning).
Deciding between different things to buy or do.
The amount of money needed to buy something

Down

Something made or grown to sell (like toys, apples, or books).
A person who buys things from a store or business.
coins and bills to buy things
Something you would like but don’t need (like toys or candy).
off Giving up one thing to get another
A company that sells goods or services.
To use money to buy things
Something you work towards achieving
To get something by paying money.
Money received for work

22 Clues: Money received for work • To use money to buy things • coins and bills to buy things • Work people do to earn money. • A plan for using money wisely • Money set aside for future use • To get something by paying money. • The amount of money something costs. • Something you work towards achieving • off Giving up one thing to get another • A company that sells goods or services. • ...

Economics 2025-04-22

Across

When consumption of a good or service by one person does not diminish possible consumption by someone else
A tax on the consumption of a good or service, such as a Value Added Tax or a Sales Tax
A place where money is borrowed and lent, such as a bank, a bond market and a stock market
The cost to society in general of production of a good or service
When it is possible to exclude people who have not paid from consuming a good or service
A simplification of reality used to make an economic model
When a resource exists in a limited amount
When a price rises or fall this impacts the number of consumers willing and able to buy a good or service
Central bank policy about interest rates, the money supply and exchange rates
A grant given by the government to a private firm in order to increase production and lower the price of the a good or service
Money inserted into the circular flow; Government spending, Investment, Export earning
The level of satisfaction a consumer gains from consuming a product

Down

When the free market price mechanism leads to a negative outcome for society in general
A decrease in the general price level of all goods and services in an economy
A country that is between a free market and command economy
Money taken out of the circular flow; Taxes, Savings, Import spending
Laws put in place by government to control the actions of private firms and consumers
When the rate of inflation slows down
The total debt owed by government
The side effects of consumption or production that impact third parties

20 Clues: The total debt owed by government • When the rate of inflation slows down • When a resource exists in a limited amount • A simplification of reality used to make an economic model • A country that is between a free market and command economy • The cost to society in general of production of a good or service • ...

Economics 2025-05-14

Across

materials found in nature that humans can use
law of supply and demand
without job but are seeking employment
being short on supply
loss of potential gain from other alternatives
a table of relationship between price and quantity
population who are able to work
resources people, skills, labor, talent, workforce
relationship between price of product and supply
one person owns and operates the business
barter, tradition, subsistence, customs
supply and demand are equal

Down

who are able and willing to work
production determined by the government
industries one controlled privately
providing data at national, state, and local levels
financial resources expanded by a person
sellers sell same product for similar prices
reduction in money, time, or another resource
a single seller dominating the market

20 Clues: being short on supply • law of supply and demand • supply and demand are equal • population who are able to work • who are able and willing to work • industries one controlled privately • a single seller dominating the market • without job but are seeking employment • production determined by the government • barter, tradition, subsistence, customs • ...

Economics 2024-03-15

Across

A variable that changes the demand
the chain of raw materials into a product
the total amount of units sold and how much they made
shift in demand when a change occurs
number of goods or service that suppliers will produce
a table that shows the quantity supplied at each price.
static quantity of a good or service when its price changes
the amount a company makes off the demand of a product
how much of something is produced
A good whose popularity increases with another
The demand for a product
A variable that changes supply

Down

The quantity of something that is purchased at a certain price
duty on a manufactured good
Amount of a good or service that consumers demand over a given interval of time
cost of good to the supply
A graph for the demand of a product
The amount of an item producers are willing and able to sell
measures the responsiveness of one economic variable to a change in another
transfer of a resource from a government to a domestic entity
how much supply there is
The quantity of a product at a certain price
the ratio of the percentage change in quantity demanded of a product to the percentage change in price.

23 Clues: how much supply there is • The demand for a product • cost of good to the supply • duty on a manufactured good • A variable that changes supply • how much of something is produced • A variable that changes the demand • A graph for the demand of a product • shift in demand when a change occurs • the chain of raw materials into a product • ...

Economics 2021-06-04

Across

year mortgage will reduce the amount of interest you pay
considered in relation to trade
the action of buying or selling something, a business deal
a home will increase in value over time
are not part of your disposable income
the money you are charged when you borrow money
buying or paying for a good or service
always keep these when buying a service or good
a conclusion or resolution reached after consideration
spend your disposable income on first
a safe place to keep your money
consumers should always be aware before any large purchase

Down

a company or financial institution to borrow money from
they go into debt
a contract to live in a home or apartment for a specified time
account that offers no/low minimum deposits, low interest
makes sure that consumer rights are protected
ensures that companies treat investors fairly
are less risky than stocks
your standard of living does this if you use credit
the protection or promotion of the interest of consumers
to have a safe product
stocks that have the highest risk, best potential for rewards
a person who buys a good or service
insures all accounts below $250, 000

25 Clues: they go into debt • to have a safe product • are less risky than stocks • considered in relation to trade • a safe place to keep your money • a person who buys a good or service • insures all accounts below $250, 000 • spend your disposable income on first • are not part of your disposable income • buying or paying for a good or service • a home will increase in value over time • ...

Economics 2025-08-02

Across

A negative result of free trade—jobs moving abroad
The economic system where jobs are inherited
Government answers economic questions in this sector
Government-free market idea by Smith
Believed in a classless society and influenced command economies
Mexico and China have this type of economy
A concept by Adam Smith where self-interest guides the market
Free markets promote this, driving innovation
The buying of goods from other countries
A key goal of U.S. foreign policy
Economic freedom is often greater in this political system
The international body that enforces free trade
The U.S. economic sector where individuals make decisions
The class of workers in Marxist theory
Common in traditional economies
Describes today's worldwide business links
The idea of letting markets self-regulate
When nations reduce restrictions on global business
What the U.S. tries to remove in trade
Economic model used by North Korea
Term for businesses operating in many countries
The right to start your own company
Related to economic freedom
In a ______ economy, the government controls production
In free markets, this drives prices and products

Down

A major benefit of free trade
The idea that government should not interfere in the economy
Another term for profit-making goal
Citizens have this right to choose jobs and spend money
The U.K. requires paid time off by law — a government _______
System where decisions are made by individuals
Shared ownership of profits, a Marxist idea
System where individuals make economic decisions
Trade agreement between the U.S., Canada, and Mexico
The class of owners in Marxist theory
System where supply and demand shape the economy
Adam Smith's book about free markets
When a business moves production to another country
Agreement to reduce trade barriers
A country’s exchange of goods with others
When people can own property and businesses
A major industry controlled by Mexico’s government
One reason for trade restrictions (like defense)
Government's role in mixed economy
A nation that reduced its command economy since the 1970s
The ability to buy, sell, and choose how to earn money
The class Marx claimed was exploited
Authority with strong trade opinions
The economic system where people make choices based on customs
North Korea has this type of economy

50 Clues: Related to economic freedom • A major benefit of free trade • Common in traditional economies • A key goal of U.S. foreign policy • Agreement to reduce trade barriers • Government's role in mixed economy • Economic model used by North Korea • Another term for profit-making goal • The right to start your own company • Government-free market idea by Smith • ...

Economics 2025-08-02

Across

What the U.S. tries to remove in trade
Citizens have this right to choose jobs and spend money
The class of owners in Marxist theory
In free markets, this drives prices and products
The class of workers in Marxist theory
One reason for trade restrictions (like defense)
In a ______ economy, the government controls production
Believed in a classless society and influenced command economies
System where individuals make economic decisions
When people can own property and businesses
A major benefit of free trade
The international body that enforces free trade
A major industry controlled by Mexico’s government
Economic freedom is often greater in this political system
Adam Smith's book about free markets
System where supply and demand shape the economy
When nations reduce restrictions on global business

Down

Government answers economic questions in this sector
A concept by Adam Smith where self-interest guides the market
The ability to buy, sell, and choose how to earn money
The U.S. economic sector where individuals make decisions
North Korea has this type of economy
The economic system where jobs are inherited
Free markets promote this, driving innovation
A negative result of free trade—jobs moving abroad
The economic system where people make choices based on customs
Mexico and China have this type of economy
The idea that government should not interfere in the economy
Trade agreement between the U.S., Canada, and Mexico
A nation that reduced its command economy since the 1970s

30 Clues: A major benefit of free trade • North Korea has this type of economy • Adam Smith's book about free markets • The class of owners in Marxist theory • What the U.S. tries to remove in trade • The class of workers in Marxist theory • Mexico and China have this type of economy • When people can own property and businesses • The economic system where jobs are inherited • ...

Economics 2022-11-27

Across

A situation where consumers do not have full or complete information when making decisions
'other things equal' or 'other things unchanged'
Goods that are consumed by one person and not available to anyone else
Goods that are not scarce and have zero opportunity cost
Where a manufacturing process is split into a sequence of individual tasks
An economic system where both market forces and government are involved in resource allocation decisions.
The data from which a supply curve is drawn on a graph
Resources that are available to be used
The quantity of a product that consumers are willing and able to buy at different prices per period of time, other things equal, ceteris paribus

Down

Where there is a change in ownership from the public sector to the private sector
A tax levied on goods and services, such as a general sales tax.
A good that is thought to be desirable for consumers but which is underprovided by the market because of information failure
The process by which individuals, firms and economies concentrate on producing those goods and services where they have an advantage over others
A factor of production; human resources available in an economy
When two goods are consumed together
The quantity of a product that producers are willing and able to sell at different prices within a time period, other things equal, ceteris paribus
Where consumption by one person of a good or sevice reduces the availability of the good or service for others
Someone who does not pay to use a public good
A factor of production; a physical resource made by humans that aids the production of goods and services
The means of allocating resources in a market economy
Where the quantity demanded increases as income decreases

21 Clues: When two goods are consumed together • Resources that are available to be used • Someone who does not pay to use a public good • 'other things equal' or 'other things unchanged' • The means of allocating resources in a market economy • The data from which a supply curve is drawn on a graph • Goods that are not scarce and have zero opportunity cost • ...

Economics 2022-05-08

Across

investment
tulos
taloudellinen
bankruptcy
vaje
toimitusjohtaja
kauppasaarto
ylijäämä
depression
currency

Down

interest rate
sijoittaa varoja
valtiontaloudellinen
osakkeet
lautapeli
tarjonta
inflaatio
kysyntä
korkotaso
value
romahdus

21 Clues: vaje • tulos • value • kysyntä • osakkeet • tarjonta • romahdus • ylijäämä • currency • lautapeli • inflaatio • korkotaso • investment • bankruptcy • depression • kauppasaarto • interest rate • taloudellinen • toimitusjohtaja • sijoittaa varoja • valtiontaloudellinen

Economics 2022-04-29

Across

type of economy in which decisions are based on historical precedent rather than individual ability
producers will produce more when they can sell at a higher price and will produce less when they can sell at a lower price
the value of the second-best alternative that is given up when choosing the best option
central bank of the US; regulates member banks, provides financial services to the government, and manages the money supply to limit inflation
through their purchases, buyers determine what will be produced
structure of business in which all profit and risk is shared between two or more owners
economic model of ____ flow includes households, businesses, the government, the market for resources, and the market for goods and services
a factor of production that comes from nature, such as water, oil, apples, or land

Down

structure of business in which all profit and risk belong to one owner
intersection of supply and demand at which everyone who wants to sell at that price can sell, and everyone who wants to buy at that price can buy
set by the Federal Reserve; the cost to banks of borrowing funds from the Fed; can be increased to shrink the money supply
combining human, natural, capital, and entrepreneurship resources to make goods or provide services
increase in prices that leads to a decrease in the purchasing power of money
type of economy defined by lack of consumer choice and centralized control (usually by the government) of property and resources
items, resources, and ideas that a person owns; protected by the government
legal entity in which all owners share the profits and each owner risks only the loss of their individual investment amount
set by the Federal Reserve; the minimum amount of consumer deposits that a bank must have on hand at the end of each day; can be increased to shrink the money supply
person who takes risks to produce/sell goods and services in search of profit
struggle between producers of similar goods and services that leads to better quality, lower prices, and increased selection for consumers
one producer controls all production of a single good or service
something that a person can use or benefit from without paying, such as highways or national defense
collected by federal and state government; based on the amount of pay earned
type of economy defined by ownership of private property, no government involvement, competition, and individual choice in economic decisions
resources and goods are limited, but wants and needs are not, which requires that choices be made
collected by local government; based on land, buildings, cars, boats and other large privately owned items
collected by state and local government; based on a percentage of the purchase price of a good
type of economy which includes some elements of free enterprise as well as government involvement

27 Clues: through their purchases, buyers determine what will be produced • one producer controls all production of a single good or service • structure of business in which all profit and risk belong to one owner • items, resources, and ideas that a person owns; protected by the government • increase in prices that leads to a decrease in the purchasing power of money • ...

Economics 2022-05-05

Across

ylijäämä
pääoma
arvo
kuluttaja
kysyntä
valtiontaloudellinen
laskusuhdanne
sijoittaa varoja
velka
käteinen
olla hinnaltaan

Down

yksinoikeus
luotto
lama
raha-asioihin liittyvä
alijäämä
lainata
joukkovelkakirja
tappio
kauppasaarto

20 Clues: lama • arvo • velka • luotto • pääoma • tappio • kysyntä • lainata • ylijäämä • alijäämä • käteinen • kuluttaja • yksinoikeus • kauppasaarto • laskusuhdanne • olla hinnaltaan • joukkovelkakirja • sijoittaa varoja • valtiontaloudellinen • raha-asioihin liittyvä

economics 2022-07-09

Across

gross investment minus depreciation
human-made goods used in production
the output per factor of production in an hour
risk bearing and key decesion making in business
spending on capital goods
a person who bears risks and makes the key decisions in a business
the ability of enterprise to change where it works or in which occupation
reduction in the number of capital goods caused by some obsolete and worn out capital goods not being replaced
a situation where there is not enough to satisfy everyone's wants
capable of changing use
the next best alternative forgone
the ability of capital to change where it works or in which occupation

Down

the ability of labour to change where it works or in which occupation
people in work and those actively seeking work
a curve that shows the maximum output of two types of products and combination of those products that can be produced with existing resources and technology
goods and services purchased by households for their own satsifaction
output per worker hour
goods and services produced by the factors of production
incapable of moving from one location to another location
the value of capital goods that have worn out or become obsolete
total spending's on capital goods
factors used to produce goods and services
the next best alternative forgone
human effort (physical and mental) used in producing goods and services
a product which requires resources to produce it and therefore has an opportunity cost
unlimited wants exceeding finite resources
gifts of nature available for production
the economic resources of land, labour, capital and enterprise
a product which does not require any resources to make it and so does not have an opportunity cost

29 Clues: output per worker hour • capable of changing use • spending on capital goods • total spending's on capital goods • the next best alternative forgone • the next best alternative forgone • gross investment minus depreciation • human-made goods used in production • gifts of nature available for production • factors used to produce goods and services • ...

economics 2022-07-09

Across

gross investment minus depreciation
human-made goods used in production
the output per factor of production in an hour
risk bearing and key decesion making in business
spending on capital goods
a person who bears risks and makes the key decisions in a business
the ability of enterprise to change where it works or in which occupation
reduction in the number of capital goods caused by some obsolete and worn out capital goods not being replaced
a situation where there is not enough to satisfy everyone's wants
capable of changing use
the next best alternative forgone
the ability of capital to change where it works or in which occupation

Down

the ability of labour to change where it works or in which occupation
people in work and those actively seeking work
a curve that shows the maximum output of two types of products and combination of those products that can be produced with existing resources and technology
goods and services purchased by households for their own satsifaction
output per worker hour
goods and services produced by the factors of production
incapable of moving from one location to another location
the value of capital goods that have worn out or become obsolete
total spending's on capital goods
factors used to produce goods and services
the next best alternative forgone
human effort (physical and mental) used in producing goods and services
a product which requires resources to produce it and therefore has an opportunity cost
unlimited wants exceeding finite resources
gifts of nature available for production
the economic resources of land, labour, capital and enterprise
a product which does not require any resources to make it and so does not have an opportunity cost

Economics 2022-12-01

Across

where buyers and sellers get together to trade
an economic system where resources are state owned and allocated by central body.
a simplified view of reality used to explain economic problems and issues.
any business that hires factors of production to produce goods and services
that part of an economy under ownership.
things that are necessary for survival, such as food.
resources are scarce so individuals, firms and goverments have to consider alternatives
inputs available for the production of goods and services
direct payments made by governments to proders of goods and services.
the value of labour to the productive potential of an economy
the goods and services that people may like to have but are not always realised

Down

goods that are consumed by one person and not available to anyone else.
a good consumed with another
a good that is thought to be desirable for consumers but which is underprovided by the market because of information failure
the quntity of a product that consumers are willing and able to buy at differentprices per period of time other things equal, ceteris paribus.
the study of an economy or a group of economics
the maximum output that can be produced when all resources are used fully
a tax levied on goods and services, such as a general sales tax.
factors of production such as machinery , buildings and infrastructure.
a factor of production; natural resources in an economy
where it is possible to stop someone from consuming a good or service

21 Clues: a good consumed with another • that part of an economy under ownership. • where buyers and sellers get together to trade • the study of an economy or a group of economics • things that are necessary for survival, such as food. • a factor of production; natural resources in an economy • inputs available for the production of goods and services • ...

Economics 2022-12-01

Across

the quantity of a product that producers are willing and able to sell at different prices within a time period. Other things equal
where consumption by one person of a good or service reduces the availability of the good or service for others
the quantity of a product that consumers are willing and able to buy at different prices within a time period, other things equal
direct payments made by governments to producers of goods and services
it is possible to stop someone from consuming a good or service
a good that is thought to be desirable for consumers but which is underprovided by the market because of information failure
the goods and services that people may like to have but are not always needed
where buyers and sellers get together to trade
an individual who seeks out new business opportunities and is willing to take risks
a factor of production; a physical resource made by humans that aids the production of goods and services
a good that is non-excludable and non-rival

Down

goods that are not scarce and have zero opportunity cost
the means of allocating resources in a market economy
an alternative good
things that are necessary for survival, such as food
the total amount demanded by consumers
a simplified view of reality used to explain economic problems and issues
a good consumed with another
individuals or households who buy goods and services for their own use or for others
a situation in which wants and needs are greater than the resources available

20 Clues: an alternative good • a good consumed with another • the total amount demanded by consumers • a good that is non-excludable and non-rival • where buyers and sellers get together to trade • things that are necessary for survival, such as food • the means of allocating resources in a market economy • goods that are not scarce and have zero opportunity cost • ...

Economics 2022-09-09

Across

limited resources not being able to meet unlimited needs and wants
part of AD formula and is affected by population growth
unemployment caused due to lack of aggregate demand
supply factor where amount of output is produced with any given number of input
tax on individuals income and the bulk of government revenue
a type of market structure with no competition
living standards measured by goods and services
unemployment cause by discouragement of job prospects and not counted in statistics
what is interest rate
unemployment when an individual is in between jobs
makes up 75% of exports
leading forum to facilitate trade/ investment and economic growth consisting of 21 countries
geographically located agreement
test done to check individual’s income and ownership
living standards of an individual's quality of life with no monetary factors

Down

income after tax
the AD formula
occurs when there is 2 years of consecutive negative GDP & low inflation
unemployment due to automation
global agreement
part time/ casual workers that work similar hours as full time
occurs when there is high GDP and unemployment decreases
consumers being optimistic about their future
something being forgone in order to get something else
a type of market structure with little competition but not much effect
taxes on specific goods and services like tobacco
part of AD formula and is affected by business confidence

27 Clues: the AD formula • income after tax • global agreement • what is interest rate • makes up 75% of exports • unemployment due to automation • geographically located agreement • consumers being optimistic about their future • a type of market structure with no competition • living standards measured by goods and services • taxes on specific goods and services like tobacco • ...

Economics 2022-09-08

Across

A number between zero and one that indicates the level of inequality in the distribution of income or wealth.
costs of borrowing.
It is a way of visually representing the distribution of income or wealth across a population.
Spending on goods and services within the period.
It describes a situation where the potential labour of employed people is not fully used
It is defined as employed persons who are highly skilled but are working in low-paid or low-skilled jobs or are working part-time but would prefer to be working on a full-time basis.
It is a situation in which economic forces such as supply and demand are balanced.
It refers to individuals who might be considered unemployable because of some personal characteristic, such as a physical disability.
It refers to the economic problem that arises because the volume of resources (land, labour and capital) is limited compared with individual needs and wants, which are unlimited.
fixing It is an anti-competitive practice that allows companies to get together to fix and control or maintain prices artificially, and increase the prices for consumers.
This is the skill and talent needed to combine the other three resources to successfully produce something people want to buy.

Down

The volume of output that is produced from any given number of inputs.
The factors that affect a person's quality of life irrespective of income.
It is a measure of how much the quantity changes when the price changes and it determines the slope of a demand curve and the slope of a supply curve.
Spending by government departments and public enterprises on goods and services within the period.
It is a government policy that takes proportionately more tax from those on higher levels of income and redistributes welfare benefits to those on lower incomes.
An increase in the value of the Australian dollar
It is one of the supply factors that shifts the supply curve to the left and it refers to natural events such as floods and droughts.
It is when a small number of large firms have all or most of the sales in an industry.
a sustained period of weak or negative growth in real GDP (output) that is accompanied by a significant rise in the unemployment rate
It is the exclusive possession or control of the supply of or trade in a commodity or service.
It comprises all people aged over 15 years who are able and willing to work including those who are classified as employed and those who are unemployed.
A system of money in general use in a particular country
It measures peoples’ access to goods and service
It is one of the demand factors which is whether consumers are optimistic or pessimistic about their future spending
X in aggregate demand formula and income earnt by Australians selling goods overseas.
The value of the Australian dollar against another currency.
It is defined as a good or a service that is used in pairs such as pen and ink.
It occurs when funds are added to the circular flow from a source other than households and businesses.
the distribution of a company's earnings to its shareholders and is determined by the company's board of directors

30 Clues: costs of borrowing. • It measures peoples’ access to goods and service • An increase in the value of the Australian dollar • Spending on goods and services within the period. • A system of money in general use in a particular country • The value of the Australian dollar against another currency. • ...

Economics 2022-09-08

Across

Money leaving the economy
When there's a single seller in a market (no competition)
Tax imposed on particular goods and services
rate The value of the australian dollar is determined by the _______
Line used to represent perfect income equality (at 45 degrees of lorenz curve)
A direct tax imposed against the income and capital gains of a company
Income after tax
Type of business that has around 2-20 owners that all share the profits
Refers to factor of production that uses machinery to produce goods and services
Individuals 15 years and older who are either employed or unemployed but actively looking for work
When an individual has been unemployed for more than one year
When unlimited needs and wants meet limited resources
possibility curve PPC
= C + I + G1 + G2 + X - M

Down

Type of income received by people who contributed in the production process that takes form in wages or salary
A number between 0 and 1 that indicates the level of inequality in the distribution of income and wealth
People who are highly skilled and employed but either do not work enough hours or working a low skilled job
Type of unemployment when an individual is in between job
Term to describe the intake of good and services by consumers
When there is high GDP growth, low unemployment and high inflation
Visual representation of distribution of income
A measure of a country's GDP that takes market GDP and adjusts it for inflation
When there is 2 consecutive negative GDP growth quarters
Involves business capitalist expenditure of manufactures and equipment
Type of unemployment that is affected by demand side factors
Represents the cost of borrowing

26 Clues: Income after tax • possibility curve PPC • Money leaving the economy • = C + I + G1 + G2 + X - M • Represents the cost of borrowing • Tax imposed on particular goods and services • Visual representation of distribution of income • When unlimited needs and wants meet limited resources • When there is 2 consecutive negative GDP growth quarters • ...

Economics 2023-02-05

Across

a person who organizes and manages any enterprise especially a business usually with considerable initiative and risk
a branch of mainstream economics that studies the behavior of individuals and firms in making decisions regarding the allocation of scarce resources and the interactions among these individuals and firms.
of trade: the difference in value over a period of time between a country's imports and exports of goods and services, usually expressed in the unit of currency of a particular country or economic union
economics: refers to the school of thought of economics that originated in the late 18th and early 19th centuries, especially in Britain.
a branch of economics which deals with the performance, structure, behavior, and decision-making of an economy as a whole.
a service or other asset used to produce goods and services that meet human needs and wants
anything that helps us produce things faster, better or cheaper.
the demand for a good or service is greater than the availability of the good or service
deficit: the amount by which the cost of a country's imports exceeds the value of its exports
refers to the policy of protecting domestic industries against foreign competition through tariffs, import quotas and subsidies, or other restrictions placed on the imports of foreign competitors.
a measure of the rate of rising prices of goods and services in an economy.

Down

people who are jobless, actively seeking work, and available to take a job
the consumer's desire and willingness to buy a product or service at a given period or over time.
an asset acquired or invested in to build wealth and save money from the hard earned income or appreciation.
of payments: the difference between all money flowing into the country in a particular period of time and the outflow of money to the rest of the world.
the ability of a consumer or producer to decide which good, service or resource to purchase or provide from a range of possible options
items that add some kind of benefit to the lives of the people who consume them
the total amount of a given product or service a supplier offers to consumers at a given period and a given price level.
an intangible commodity
the amount of money that a buyer gives to a seller in exchange for a good or a service.
belief in the benefits of profitable trading; commercialism.
growth: the increase or improvement in the inflation-adjusted market value of the goods and services produced by an economy in a financial year.
the amount of physical, mental, and social effort used to produce goods and services in an economy
surplus: the amount by which the value of a country's exports exceeds the cost of its imports.

24 Clues: an intangible commodity • belief in the benefits of profitable trading; commercialism. • anything that helps us produce things faster, better or cheaper. • people who are jobless, actively seeking work, and available to take a job • a measure of the rate of rising prices of goods and services in an economy. • ...

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