Econo Titans

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Across
  1. 1. – Desire for a product backed by willingness and ability to pay.
  2. 3. – Tax imposed on imports.
  3. 5. – Place or system where buying and selling happen.
  4. 8. – Total value of goods and services produced within a country.
  5. 10. – Amount paid for a good or service.
  6. 11. – Financial help given by the government to producers.
  7. 13. – Measure of responsiveness of demand or supply to price changes.
  8. 14. – Continuous rise in general price level.
  9. 15. – Payment received for labor.
Down
  1. 2. – Study of individual markets and decision-makers.
  2. 4. POLICY – Government use of spending and taxation to influence the economy.
  3. 6. – Market with a single seller.
  4. 7. – Quantity producers are willing to offer at different prices.
  5. 9. COST – Next best alternative foregone.
  6. 12. of TRADE –. Difference between value of exports and imports.