Economics

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Across
  1. 2. A market structure with only one seller
  2. 3. The desire and ability of consumers to buy a good or service
  3. 4. A reward or penalty that influences behavior
  4. 7. Goods brought into a country
  5. 10. A plan for spending and saving money
  6. 12. ECONOMY An economy that combines elements of market and command systems
  7. 14. ECONOMY An economy where the government makes most decisions
  8. 15. The total value of goods and services produced in a country
  9. 17. The condition of limited resources and unlimited wants
  10. 18. A person who buys and uses goods or services
  11. 20. OFF Giving up one thing to gain another
  12. 22. A general increase in prices over time
  13. 24. Goods sold to another country
  14. 25. A person or business that makes goods or provides services
  15. 27. WAGE The lowest legal pay for workers
  16. 28. The cost of borrowing money or the return on savings
Down
  1. 1. Rivalry among businesses to sell products
  2. 5. Money paid to the government to fund services
  3. 6. The study of how people make choices with limited resources
  4. 8. COST The value of the next best alternative given up
  5. 9. A tax on imported goods
  6. 11. The condition of not having a job but seeking work
  7. 13. The amount of money needed to buy something
  8. 14. The expense of producing a good or service
  9. 16. ECONOMY An economy where decisions are made by individuals and businesses
  10. 17. The amount of a good or service producers are willing to sell
  11. 19. The money left after all costs are paid
  12. 21. The institution that makes and enforces laws
  13. 23. Income received from selling goods or services
  14. 26. Government payment to support a business or industry