ALF 108 - Unit 1
Across
- 1. a person who buys goods and services
- 3. a list showing share, commodity, or currency prices
- 5. last name of economist who was concerned with the morality of the slave trade
- 7. ....and demand are two basic principles in economics
- 9. a package of financial products or items which are traded together
- 11. French term coined by David Ricardo which argued for less government intervention in the market
- 12. taxes paid to the government for certain goods such as alcohol, petrol, etc
- 13. a very severe recession
- 14. name for the tax paid on a residential home or commercial business
- 17. money paid on savings and investment
- 20. when banking and finance are supervised less by the government or authorities
- 23. to be productive without waste
- 24. book written by Karl Marx which is known as "the bible of the working class"
- 26. a company may issue these to raise capital
Down
- 1. metals, oils, and agricultural products are all examples of different types of....
- 2. an economic decline for more than 2 quarters
- 4. money coming in to the government via taxes, duties, etc.
- 6. not a good value in terms of money spent
- 8. concept in economics where a consumer makes choices to gain the most economic satisfaction
- 10. long term bonds which are traded and have a low level of risk
- 15. theory argued for by Adam Smith which argued that the market would correct itself via competition
- 16. Karl Marx's term for the middle class
- 18. Karl Marx's term for the lower-class working poor
- 19. .......of nations, the book written by Adam Smith
- 21. the U.S. state Mr. Butler was born in
- 22. the desire to own something
- 25. if assets can be quickly converted into cash they are known to be.....