Economics
Across
- 3. reducing taxes makes more money available for private investment, thereby increasing productivity
- 6. intangible good produced for which people expect to pay
- 7. value of the best alternative that is foregone when a different alternative is taken
- 9. allows a country to produce those goods in which it has absolute or comparative advantage
- 11. advocates the stockpiling of gold and silver in the state's treasury
- 14. can seep into an economy without the majority of people realizing that their foundational freedoms are being dissolved away
- 15. used to determine how much of a good to buy or sell
Down
- 1. large, complex organizations composed of appointed officials and numerous departments
- 2. advocates massive public spending during recession
- 4. mechanism that allows people to exchange goods
- 5. separates work to be performed into individualized tasks
- 8. based on public and governmental control of the production and distribution of nearly all national resources
- 10. the exclusive power of an independent state to rile and regulate internal affairs without foreign interference
- 12. regards the entire world as one giant community that should be unified politically and economically
- 13. commits resources to a purpose expected to provide future gain