AP Micro - 12/16 - 1
Across
- 3. new technology applied/ actions taken by government to reduce pollution
- 7. the quantity that society would choose if all the costs and benefits were fully accounted for
- 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
- 9. the buying or selling of shares in a company by insiders of that company
Down
- 1. a way of showing the distribution of income (or wealth) within an economy
- 2. networks of relationships between people in society that allows the society to function effectively
- 3. a taxpayer pays higher taxes if they earn more income and lower taxes if they earns less
- 4. the relative ability of parties in an argumentative situation to exert influence over each other
- 5. how the nation's total income is distributed amongst its population
- 6. taking into account all of the private and social costs and benefits of a decision/policy (MSB=MSC)