Crossword puzzle Applied Economics
Across
- 1. growing economies will cause an influx of skilled workers
- 3. an average spike in the price of commodities
- 5. are products that serve as important needs for consumer lives and survival Primecommodities are products that are not considered to be basic necessities but are necessary to consumer
- 9. are commercially available goods and services
- 12. the input needed to create them
- 13. these are people from the Philippines who live work
- 14. goods that have elastic demand are sensitive to price change
- 16. also known as competitive market
- 18. system which a nations currency price is determined
- 20. buyers and sellers must accept market prices
- 21. positive aspects that attract people to move to another region or location
- 23. high demand for houses in growing cities
- 25. firms have buyers and sellers who are all price takers
- 26. goods that have inelastic demand are less sensitive to price change
- 27. system helps the government support
- 32. arrangement where the employee will provide services for the employer
- 37. it is the amount of individuals from one place to another
- 38. producing similar or differented products
- 39. possesses the features of both monopoly and perfect competition
- 41. in cities with weak economies
- 42. people who leave one country or region
- 43. known as suit and tie workers who do professionals
Down
- 2. The point at which labor demand and labor supply converge and intersect
- 4. It is a major components of every economy in commodities and services markets
- 6. high prices of construction materials and services
- 7. can push the price of houses to increase
- 8. can increase the demand for houses
- 10. the ratio of export rates and import prices
- 11. are workers who engages in hard manual labor
- 14. negative reasons that cause people to leave their homes
- 15. Fewer people will work if the wage rate is low
- 17. the price of every unit of a foreign currency
- 19. big loans promote inflation and if inflation is high
- 22. has both positive and negative implications for the company
- 24. is the percentage change in quantity Supplied
- 28. this is market Structure
- 29. occurs when people are in between job
- 30. Amount of labor offered for hire within a given period
- 31. enter and settled in foreign country
- 33. to different products,service,and financial assets
- 34. also know as the own price elasticity of demand
- 35. housing and rental spaces
- 36. The amount of labor that employees wish to hire at a given time
- 40. is characterized by having a few firms selling