Economics

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Across
  1. 4. ECONOMY An economic system where decisions are made by tradition and custom
  2. 5. TAX The amount of money a government collects from its citizens
  3. 8. A situation where a single company dominates a market
  4. 9. POLICY The tools used by a government to influence the economy
Down
  1. 1. The cost of forgoing the next best alternative when making a decision
  2. 2. DEFICIT A situation where a country imports more than it exports
  3. 3. ECONOMY A system where the government makes all economic decisions
  4. 6. An agreement between two or more parties creating obligations that are enforceable
  5. 7. TAX A tax on the wages paid by employers
  6. 9. MARKET ECONOMY An economic system where individuals and businesses operate freely