economics crossword

2. The study of decisions made by individuals and firms in allocating scarce resources
5. Total income earned by a nation's residents, including income from abroad
6. A market structure with only one seller.
7. A term describing the total quantity in macroeconomic analysis
9. A broad term referring to economic inequality across regions or populations.
11. The ratio of change in national income to the initial change in spending that caused it.
13. A slowdown in the rate at which prices are increasing, without turning negative
15. The cost of borrowing money

1. The degree to which economic agents alter their behavior in response to price changes.
3. Allocation of scarce goods through means other than price.
4. The optimal use of resources to maximize output or welfare.
6. The process of converting an asset into a medium of exchange, often referring to deficit financing.
8. Risky financial transactions undertaken with the hope of high short-term gains.
10. A prolonged and deep downturn in economic activity
12. Cross-border transfers of money, usually sent by migrant workers to their home countries.
14. A rare good where demand increases as its price increases.