Economics Crossword Puzzle

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Across
  1. 2. A ___________ tax is one that increases with one's income.
  2. 4. An ______ is the sale of a good or service to another country.
  3. 5. A ________ is a type of market in which there is an absence of competition, and one single person or firm is the only supplier of a particular good/service.
  4. 8. ____________ is a policy that aims to maximize exports and minimize imports.
  5. 9. ________ rate refers to the rate at which one country's currency is traded for another.
  6. 10. A period in the business cycle in which economic activity declines.
  7. 11. A ______ is a tax imposed on the import/export of goods.
  8. 14. ________ unemployment is the type of unemployment intrinsic to the upturn and downturn of the business cycle.
  9. 16. Market _________ is the extent to which assets can be sold or bought without drastic change to said assets' prices.
Down
  1. 1. Economic ___________ measures the well-being and quality of life in a country.
  2. 3. _______ is the income earned from the sale of goods/services.
  3. 6. A decrease in the value of a currency is known as a ____________.
  4. 7. ________ is the concept that is the foundation for economics as a whole, and refers to the limited availability of resources.
  5. 8. ________ utility is the change in total utility caused by the consumption of a single unit of a good or service.
  6. 12. The attribute of economic independence is known as _______.
  7. 13. _________ is when prices in an economy as a whole rise.
  8. 15. ___ is an acronym that refers to the monetary value of all goods/services produced over a certain time period within a country.