TESCON Crossword
Across
- 2. As the supply goes up, ____________ goes down
- 4. A truck Driver is an example of ___________ (Factor of production)
- 6. A government in severe debt must take _______ from other national and international institutions.
- 8. What you give up when making a choice is the ________ cost.
- 10. A natural disaster that reduces the exports in a country causes its ____________ deficit to go up
- 13. The four factors of production in economics are Land, Labour, Capital, and _________.
- 15. A statement that can be proven true or false is a ___________ statement
- 17. As the price goes up, ________ goes down
- 18. The government gives every individual $1000. This raises the _____ power of consumers
Down
- 1. The government needs to spend more money than it has; now it has to raise ________.
- 3. Due to advertising, a new brand of shoes has now become popular. This ________ the demand for already established shoe companies
- 5. A new cola has been introduced in Pakistan, providing a cheaper alternative to the established brands. This causes the price of all the other brands to go down. This is an example of __________ in the market.
- 7. A statement that is an opinion is called a _____________ statement
- 9. The value of money _________ when it is printed plentifully by the government
- 11. Modern Blockchain digital currencies are not dependent on any central authority. This is why they are called a _____________ currency
- 12. The fundamental question in economics is the allocation of ___________ resources
- 14. In times of hardships, people use their __________ to make ends meet.
- 16. The purchase of machinery by a firm is known as a ________ investment.