Economics Crossword

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Across
  1. 1. coins and notes (dollars) printed by the gov't
  2. 7. putting money in the bank
  3. 10. laws that prohibit monopolies and other activity that reduces competition
  4. 14. the federal government's health care system for people age 65 and over
  5. 15. when one company controls an entire industry without any competition
  6. 16. the thing that motivates producers to make and sell things
  7. 21. a card with your bank information on it that lets you pay for things from your account
  8. 23. the benefit you give up by choosing to do one thing instead of another
  9. 25. producers battling over who can make the most profit
  10. 26. someone who makes goods or offers services to others
  11. 28. the entire activity of buying and selling that takes place out in the world
  12. 29. the tax people pay on land they own
  13. 31. the process of developing new, better things
Down
  1. 2. a tax that only applies to specific products such as alcohol, tobacco, gas, etc.
  2. 3. someone who acquires goods and services for his or her own personal use
  3. 4. type of economy where the government owns and offers all the goods and services
  4. 5. type of economy where producers are free to decide what to produce and consumers are free to buy whatever they need or want
  5. 6. the amount of something that is available and the number of consumers who want it
  6. 8. a tax that is paid on the amount of money you receive from various sources
  7. 9. a medium of exchange accepted in exchange for goods and services
  8. 11. taxes on goods from other countries
  9. 12. type of economy in which the gov't owns some of the property, offers some goods and services and makes some of the rules
  10. 13. financial gain received by selling something for more than it cost to make
  11. 17. the tax the government collects when a person dies
  12. 18. money collected by the government so it can function and provide services for the citizens
  13. 19. retirement program run by the federal government
  14. 20. taking your money out of a bank account
  15. 22. money spent in order to make more money
  16. 24. the limited amount of resources available
  17. 27. the tax you pay when you buy something
  18. 30. the way goods and services are produced and consumed