Applied Economics

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Across
  1. 3. It is a major components of every economy in commodities and services markets
  2. 6. housing and rental spaces
  3. 10. these are people from the Philippines who live work
  4. 11. can push the price of houses to increase
  5. 12. also known as competitive market
  6. 14. people who leave one country or region
  7. 15. Amount of labor offered for hire within a given period
  8. 17. producing similar or differented products
  9. 18. high prices of construction materials and services
  10. 20. 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
  11. 22. in cities with weak economies
  12. 23. to different products,service,and financial assets
  13. 24. The amount of labor that employees wish to hire at a given time
  14. 26. it is the amount of individuals from one place to another
  15. 27. big loans promote inflation and if inflation is high
  16. 29. buyers and sellers must accept market prices
  17. 31. high demand for houses in growing cities
  18. 32. arrangement where the employee will provide services for the employer
  19. 33. has both positive and negative implications for the company
  20. 34. growing economies will cause an influx of skilled workers
  21. 35. goods that have inelastic demand are less sensitive to price change
  22. 36. known as suit and tie workers who do professionals
  23. 37. enter and settled in foreign country
  24. 39. an average spike in the price of commodities
  25. 40. this is market Structure
Down
  1. 1. negative reasons that cause people to leave their homes
  2. 2. goods that have elastic demand are sensitive to price change
  3. 4. The point at which labor demand and labor supply converge and intersect
  4. 5. positive aspects that attract people to move to another region or location
  5. 7. occurs when people are in between job
  6. 8. can increase the demand for houses
  7. 9. helps the government support
  8. 13. are workers who engages in hard manual labor
  9. 16. possesses the features of both monopoly and perfect competition
  10. 19. the ratio of export rates and import prices
  11. 21. are commercially available goods and services
  12. 25. the price of every unit of a foreign currency
  13. 28. which a nations currency price is determined
  14. 30. the input needed to create them
  15. 38. Fewer people will work if the wage rate is low