economics

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Across
  1. 1. floor:is an established lower boundary on the price of a commodity in the market.
  2. 3. ceiling:is the mandated maximum amount a seller is allowed to charge for a product or service.
  3. 7. each person to have only a fixed amount of (a particular commodity).
  4. 8. the amount of an asset or resource that exceeds the portion that's actively utilized.
  5. 11. state or situation in which something needed cannot be obtained in sufficient amounts.
  6. 13. amount of money expected, required, or given in payment for something.
Down
  1. 2. model: a simplified version of reality that allows us to observe, understand, and make predictions about economic behavior.
  2. 4. price:is where the supply of goods matches demand
  3. 5. price:is an analyst's projection of a security's future price.
  4. 6. is a type of loan secured by collateral, which is usually property.
  5. 9. partial refund to someone who has paid too much money for tax, rent, or a utility.
  6. 10. coupon:allowing him or her to purchase a certain amount of a product each month.
  7. 12. payment:a payment made, typically by a government body, to cover a financial deficit incurred in the course of an activity such as farming or education