AP Micro - 12/16 - 1

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Across
  1. 3. new technology applied/ actions taken by government to reduce pollution
  2. 7. the quantity that society would choose if all the costs and benefits were fully accounted for
  3. 8. when individuals have no incentive to pay for their own consumption of a good, they will take a "free ride" on anyone who does pay
  4. 9. the buying or selling of shares in a company by insiders of that company
Down
  1. 1. a way of showing the distribution of income (or wealth) within an economy
  2. 2. networks of relationships between people in society that allows the society to function effectively
  3. 3. a taxpayer pays higher taxes if they earn more income and lower taxes if they earns less
  4. 4. the relative ability of parties in an argumentative situation to exert influence over each other
  5. 5. how the nation's total income is distributed amongst its population
  6. 6. taking into account all of the private and social costs and benefits of a decision/policy (MSB=MSC)