Economics
Across
- 6. cost is "the loss of potential gain from other alternatives when one alternative is chosen"
- 7. goods coming in from another country
- 8. an action that satisfies our wants through the efforts of other people or equipment
- 11. trade allowing any country to buy goods from a different country without any additional fees or restrictions
- 13. goods going out to another country
- 14. the money the bank pays you on the money you deposited with them
- 15. the cost of goods and services going down
- 17. the demand for a good or service is greater than the availability of the good or service.
- 18. the term used to describe the facilities which support modern human life, like bridges, roads, and
- 19. the process by which people and goods move easily across borders
- 20. the cost of goods and services going up
Down
- 1. means focusing on a specific job; limit the focus to one specific activity
- 2. is the study of people and the choices they make
- 3. to work for wages
- 4. A person who organizes and operates a business (s), taking on greater than normal financial risks in order to do so.
- 5. the items you can see and touch
- 9. materials, objects, people, and tools used to make the goods and services that we buy.
- 10. economy based on supply and demand
- 12. rate The percentage of interest that a bank pays you.
- 16. moving people or things from one place to another place