Economics Crossword

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Across
  1. 3. A measure of how much quantity demanded of a good or service changes in response to a price change of the same good or service.
  2. 6. When a country produces more goods and services in one period than in a previous one. It is usually measured by changes in the real GDP.
  3. 8. Relating to people’s quality of life, with material, relational and subjective dimensions.
  4. 9. development that meets the needs of the present without compromising the ability of future generations to meet their own needs.
  5. 10. A person or an organisation that buys goods or services in a market.
Down
  1. 1. negative economic growth occurring over two or more quarters.
  2. 2. a primary good, and is an important input to production
  3. 4. behaviour of a consumer or producer that seeks to maximise utility or profit, respectively
  4. 5. The status of people who are in the workforce, actively seeking employment, but unable to find it.
  5. 7. arises when government expenditure is greater than tax revenue.