Economic time
Across
- 4. a mandatory payment or charge collected by local, state, and national governments from a business or a consumer.
- 5. goods on which poorer people spend a larger proportion of their incomes than richer people
- 6. measures the relationship between change in quantity supplied and a change in price
- 8. people who buy or use goods and services to satisfy their wants
- 9. The money given from the government to a business.
Down
- 1. measures the relationship between change in quantity demanded and a change in price
- 2. the demand for a good or service is greater than the availability of the good or service
- 3. It changes due to an increase in price.
- 7. a good for which demand increases more than proportionally as income rises
- 10. an entity that provides goods and services to another organization