Economics AOS2
Across
- 4. Policies set by governments to have a budget in equity and control tax rates and levels of spending
- 6. A tax applied on goods and services and not on profits or income
- 7. The type of poverty in which households receive less than average household incomes
- 12. The value to be returned to a company's shareholders
- 14. Goods or services that are unhealthy to consume and undesirable
- 16. The worst level of poverty in which basic life requirements are not met
- 17. The levels of income, wealth, comforts etc. that are provided to a society
Down
- 1. Goods or services that are not bad to consume and are worthy of finance
- 2. The efficiency state of the economy in which production cannot be increased without sacrificing the production of another good or service
- 3. The economic state in which all resources are allocated and used effectively
- 5. A measure of the income inequality in a country's economy
- 8. The efficiency state of the economy in which all resources are allocated such that the maximum marginal benefit is received
- 9. The state of a market being intervened and having some government supervision
- 10. The state of having no job and not being able to earn an income
- 11. Goods or services that are available to all members of the society
- 13. The state of a market not being intervened and regulated by the govenment
- 15. The uneven distribution of wealth and income in the economy