Economics

4. A tax imposed on imports
7. The willingness and ability of consumers to buy products at different prices in a given time period
8. The willingness and ability of producers to sell products at different prices in a given time period
10. When the GDP falls for more than two consecutive quarters
11. when the production/consumption of a good or service harms/benefits a third party
13. A good that is non-rivalrous and non-excludable
14. The number of people actively seeking for a job but can't find one

1. A limit on the amount of imports
2. A group of producers that agree to limit production or to increase prices
3. A sustained increase in the average price level
5. The process by which an injection into the circular flow in income creates a change in GDP greater than the original injection
6. Money given by the government to producers to increase production
9. cost The additional cost incurred for producing one more unit of output
11. A state where quantity demanded equals quantity supplied
12. The removal of trade barriers within a trading bloc, allowing members to buy from the cheapest member