Cumulative Project Termanology

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Across
  1. 1. Something that causes an excess in supply or a surplus
  2. 3. An individual retirement account to set aside
  3. 4. When income exceeds expenditures
  4. 5. A political and economic theory made by Adam Smith
  5. 6. A state of limited competition
  6. 7. An amount of money set aside for emergencies
  7. 8. Wants to stop inflation and stop printing money
  8. 12. Is the sister strategy to monetary policy
  9. 15. Allows analysis of economic performance and predictions
  10. 16. Low in resources and/or supplies
  11. 17. The amount to which a person has a right
  12. 18. When a country's trade and industry are controlled by private owners for profit, rather than by the state
  13. 19. When an individual or group produce more quickly than others
  14. 21. Formal authorization or proposition
  15. 23. General increase in prices and fall in the purchasing value of money
  16. 24. Cost of a country's imports exceeds the value of it's exports
  17. 28. Total amount of goods produced and services provided in a country during one year
  18. 31. The macroeconomic policy laid down by the central bank
  19. 32. When the price charged is more than or less than the equilibrium price
  20. 33. Temporary economic decline
  21. 34. Shielding a country's domestic industries from foreign competition
  22. 35. The father of free enterprise
  23. 37. Money granted by the government so prices of a commodity or service remain low
  24. 38. A key measure of how much an entity is worth
  25. 40. Introduced fiscal policy and believed unemployment was bad
  26. 42. Excess in resources and/or supplies
  27. 44. Control of the supply or trade in a commodity or service
  28. 45. When something is useful, profitable, or beneficial
Down
  1. 1. The effectiveness and/or effort in an industry
  2. 2. When all who are able and willing to work are employed
  3. 5. An austrian and british economist and philosopher(classical liberalism)
  4. 8. Lowest wage permitted by law
  5. 9. An attitude of letting things go their own course
  6. 10. A time of economic growth
  7. 11. Decision-making tool to help maximize profits
  8. 13. An increase in the value of one currency
  9. 14. The central banking system of the United States
  10. 20. The lowest point in economy's phase
  11. 22. The highest point in an economy's phase
  12. 25. International trade without without tariffs quotas, or other restrictions
  13. 26. System in which the currency is defined in terms of gold
  14. 27. When an individual or group produce more efficiently than others
  15. 28. Measure of average income per person in a country
  16. 29. Money the government gives to help the economy
  17. 30. Shows the variation in prices paid by typical consumers
  18. 36. A political theory derived from Karl Marx
  19. 37. Political theory of social organization
  20. 39. World Trade Organization
  21. 41. Shortage in supply
  22. 43. North American Free Trade Organization