Economics
Across
- 2. A system that brings buyers and sellers together to exchange goods and services.
- 5. A period of economic decline characterized by a decrease in GDP and employment.
- 8. A state of balance where the quantity demanded equals the quantity supplied in a market.
- 10. The use of goods and services by households.
- 11. The total value of all goods and services produced by a country in a specific time period.
- 12. The financial gain made by a business when revenue exceeds expenses.
- 14. The act of trading goods, services, or currencies between different parties.
- 15. The quantity of a good or service that producers are willing and able to offer for sale at a given price.
Down
- 1. A sustained increase in the general price level of goods and services in an economy over time.
- 3. An individual who starts and operates a business, taking on financial risks for potential profits.
- 4. Human effort directed towards the production of goods and services.
- 6. The satisfaction or pleasure derived from consuming a good or service.
- 7. The quantity of a good or service that consumers are willing and able to buy at a given price.
- 9. A market structure where a single seller or producer controls the entire supply of a good or service.
- 10. Financial assets or resources used in the production of goods and services.
- 13. Relating to government revenue, especially taxes, and expenditures.