Civics and Economics (Johnson)

1234567891011121314151617181920212223242526
Across
  1. 2. A government payment that supports a business or market
  2. 4. Goods and services are produced in better quality, quantity and speed when people focus on producing a few things instead of making everything they want by themselves.
  3. 5. Interest rate the Federal Reserve charges on its loans to member banks
  4. 6. Benefit
  5. 7. Exists when a country can produce a good or service at a lower cost than other countries.
  6. 8. the tax as a percentage of income decreases as income increases
  7. 11. Cost of the next best alternative use of money, time, or resources when one choice is made rather than another
  8. 12. The measure of how much one currency is worth in relation to another.
  9. 14. A period of economic growth as measured by a rise in real GDP
  10. 15. The ability of a country to produce a good at a lower cost than another country can.
  11. 17. policy that attempts to manage the economy by controlling the money supply and thus interest rates.
  12. 21. Depending on one another for resources and products.
  13. 24. Alternating periods of economic expansion and economic recession
  14. 25. Actions or processes that involve the entire world and result in making something worldwide in scope
  15. 26. A general and progressive increase in prices
Down
  1. 1. A quasi-governmental organization formed to regulate the money supply and help keep the economy stable
  2. 3. policy that attempts to manage the economy by controlling taxing and spending.
  3. 9. In finance, reducing the available supply of money, thus tending to raise interest rates and lower prices.
  4. 10. Money that has value because the government has ordered that it is an acceptable means to pay debts
  5. 13. A percentage of commercial banks' checking and savings accounts that must be physically kept in the bank.
  6. 16. the tax as a percentage of income increase as income increases
  7. 18. A government tax on imports or exports
  8. 19. an index of the cost of all goods and services to a typical consumer
  9. 20. The sum total of the value of all the goods and services produced in a nation
  10. 22. Economic policy of shielding an economy from imports.
  11. 23. Number of civilians at least 16 years who have been trying to find a job within the prior four weeks.