Economics

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Across
  1. 4. Economic indicator that measures the number of people employed
  2. 6. Increase in the general price level
  3. 7. Type of tax levied on goods and services
  4. 9. What is the term for a market structure with a single seller?
  5. 10. Economic concept that describes the opportunity cost of choosing one option over another
  6. 12. Type of market structure with many buyers and sellers
  7. 13. Economic system where the government controls production and distribution
Down
  1. 1. Economic system where supply and demand determine prices
  2. 2. Measure of the total value of goods and services produced within a country
  3. 3. What is the economic indicator that measures the number of people unemployed?
  4. 5. Study of individual economic units
  5. 8. What is the economic concept that describes the idea that countries should specialize in producing goods for which they have a comparative advantage?
  6. 11. concept that describes the relationship between price and quantity demanded