Economics
Across
- 2. the total value of goods and services produced within a country's borders in a specific period
- 3. a situation which the quantity demanded exceeds the quantity supplied
- 6. the study of how societies allocate surface resources
- 9. The market price of a good of service when supply equals demand
- 10. the rate at which the general level of prices for goods and services is rising
Down
- 1. the central bank of the United States
- 4. The cost of the next best alternative use of money, time, or resources
- 5. a period of significant decline in economic activity spread across the economy, lasting more than a few months, normally visible in real GDP, real income employment, industrial production, and wholesale-retail sales
- 7. A measure of the average change over time in the prices paid by urban customers for a basket of consumer goods and services
- 8. the amount of goods and services that are available