Econ Crossword
Across
- 5. inflation occurs when demand for goods and services exceeds existing supplies
- 6. the governing body of a nation, state, or community
- 7. an article or substance that is manufactured or refined for sale
- 8. people who are unemployed because their jobs depend on the season
- 10. reduction of the general prices in an economy
- 11. people who lose their jobs during periods of economic decline
- 12. general price levels rise due to increases in the cost of wages and raw materials
- 14. when the inflation of a nation increases gradually, but continually, over time
- 17. without deduction of tax or other contributions; total
- 18. the action or process of investing money for profit or material result
- 19. rising wages increase disposable income, thus raising the demand for goods and causing prices to rise
- 20. a person who purchases goods and services for personal use
Down
- 1. monetary inflation occurring at a very high rate
- 2. people who are changing jobs or are seeking their first jobs
- 3. existing or occurring inside a particular country; not foreign or international
- 4. the proportion of a loan that is charged as interest to the borrower
- 9. the wealth and recourses of a country or region, especially in terms of production and consumption of goods and services
- 13. changes in prices correspond to changes in the monetary supply
- 15. the ability to purchase goods and services
- 16. money received for work or through investments