Economics
Across
- 2. a model that shows how governments, households, and businesses provide each other with resources, goods, and services
- 5. the study of choices
- 7. service produced by a non government entity ex. Walmart
- 8. an entity that makes a good or provides a service
- 11. when supply exceeds demand
- 13. an economy where supply and demand is based solely on producers and consumers
- 14. the standard measure of the value added created through the production of goods and services in a country during a certain period
- 15. a buyer of goods and services
Down
- 1. the place on a graph where supply and demand curves intersect
- 3. an economy where the government regulates some parts, but allows producers to own their businesses
- 4. how much consumers will buy at a given price
- 6. how much of something
- 8. service produced by a government entity ex. education
- 9. an economy where the government has full control
- 10. an economy based on customs
- 12. when supply is less than demand