AcaDec Economics

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Across
  1. 2. a cost of production that is independent of the quantity produced
  2. 6. an inescapable fact of human existence that results from the fact that the available resources are always less than our limitless desires
  3. 7. (in macroeconomics) the use of taxes and spending to influence aggregate demand and through it the level of overall economic activity
  4. 8. expansion in the business cycle
  5. 9. the cost of the next best choice
Down
  1. 1. a cost or a benefit that affects a third party (can be negative or positive)
  2. 3. the shared atmospheric environment of the globe
  3. 4. a severe recession
  4. 5. money or physical assets like plows or mature tree crops
  5. 8. downturn in business cycle