Chapter 21 Vocab

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Across
  1. 3. the limit on the exchange of goods
  2. 7. increases the growth in money supply
  3. 10. person who provides goods and services
  4. 12. special tax reductions that lower a company's tax bill
  5. 14. predictions about future economic indicators
  6. 15. signs that show economists how the economy is doing at a present time
  7. 16. interaction of groups in the economy can be illustrated in
  8. 19. if a country sells more than it buys
Down
  1. 1. a person who buys goods or services
  2. 2. when it can provide a product more efficiently
  3. 4. when it can produce more of a given product than another country can
  4. 5. economic rivalry among businesses selling similar products
  5. 6. the amount of money banks must have available at all times
  6. 8. if a country buys more than it sells
  7. 9. the difference between the value of exports and imports
  8. 11. reduces the growth of the money supply, slowing the economic growth
  9. 13. involves buying and selling of government bonds
  10. 17. the value of the next best alternative that is given up when a country specializes
  11. 18. economic signs that lag behind major changes in the businesses cycle