Crossword Puzzle In AE

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Across
  1. 1. Subset of economics that focuses on the decision of smaller agents.
  2. 8. A general decline in prices for goods and services, typically associated with a contraction in the supply of money and credit in the economy.
  3. 10. Also known as wage-push inflation, occurs when overall prices increase due to increases in the cost of wages and raw materials.
  4. 13. A along the cure shows the change in quantity given a change in price.
  5. 17. Goods that are demanded or consumed along with other goods.
  6. 19. Three Economic Question.
  7. 21. Subset of economics that focuses on aggregates and group of agents.
  8. 23. The satisfaction or usefulness the consumption of a good can bring.
  9. 25. If demand for a good increases as income increases, the good is considered a ______.
  10. 27. The intellectual capacity to organize and put together other factors of production to produce goods and services the society needs.
  11. 30. A set of actions to control a nation's overall money supply and achieve economic growth.
  12. 31. Happens when there is excess demand. Price falls below the equilibrium price.
  13. 32. All administrations have been played by __________ cases.
  14. 35. Refers to investments made to improve production
  15. 37. Considered as social science as it seeks to study humans with emperical tools.
  16. 38. Three Economic Question.
  17. 40. Focuses on the value of goods and services produced in an given time period with constant prices.
Down
  1. 2. Pricefloors for labor.
  2. 3. Refers to an increase in the average price levels of an economy's basket of goods and over a period time.
  3. 4. Refers to resources that can be attributed to the land or the sea
  4. 5. A word from french which means "lead alone"
  5. 6. Aregoods and services that vary inversely with income.
  6. 7. Any improvement in _______ or techniques in production enable firms to produce more.
  7. 9. Preference is thw order of an individual's choices and alternatives based on their relative utility(satisfaction).
  8. 10. Can be classified as Command Economy. Means equal distribution in one economy.
  9. 11. The use of government spending and taxation to influence the economy.
  10. 12. Refers to the value of the gross domestic product that is not adjusted for inflation.
  11. 14. A representation of a change in the quantity of a good or service demanded at every price level due to various economic factors.
  12. 15. Happens when there is excess supply. Price falls above the equilibrium price.
  13. 16. Direct cost that usually involve cash transaction
  14. 17. People decide how to allocate their limited resources
  15. 18. Indirect cost of action
  16. 20. Goods that are demanded or consumed in place of another good.
  17. 22. Compulsory contribution to the government.
  18. 24. Refers to a tangible human element in the production process
  19. 26. It refers to instances when demand for goods and services exceeds the available supply of those goods and services in the economy.
  20. 28. Occurs when workers demand higher wages to keep up with rising living costs.
  21. 29. The condition where people lack the resources to meet their basic needs.
  22. 30. It is where buyers and sellers meet to exchange goods and services.
  23. 31. The limited liability to a resource good or service.
  24. 33. The money you receive in exchange for your labor or products.
  25. 34. It is the set of all quantities demanded at different price levels.
  26. 36. It is the set of all quantities supplied at different price levels.
  27. 39. Three Economic Question.
  28. 41. a graph that shows all the different combinations of output of two goods that can be produced using available resources and technology.