ECONOMICS CROSSWORD PUZZLE

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Across
  1. 3. consumer’s urge to buy goods and services
  2. 4. supply the amount of money that is saved for investments or payments
  3. 5. John(a poor old man who lives on the streets) and Bob(a large corporation owner who makes 6 figures) are paying the same amount of taxes
  4. 6. a phone
  5. 9. policy government spending and taxes that influence the ecomony
  6. 10. the study of use of resources and production
  7. 12. Inflation big increase in prices overtime
  8. 13. decline in economic activity in a certain period of time
  9. 15. curve a graph that shows demand and price__________
  10. 17. there is no such thing as a free lunch
  11. 18. John(a poor old man who lives on the streets) pays a large percentage of taxes while Bob(a large corporation owner who makes 6 figures) pays a small percentage of taxes
  12. 20. people who buy or use goods and services to satisfy their wants.
  13. 22. a good that can’t be attained because of scarcity
  14. 23. of production- land, labor, capital, production, entrepreneurship
  15. 25. a haircut
Down
  1. 1. losing a job and not working for a long time
  2. 2. increased prices overtime
  3. 7. cycle a cycle with lots of swings
  4. 8. the demand for a good or service is greater than the availability of the good or service
  5. 11. decrease in government spending
  6. 14. amount of goods and services produced in one year
  7. 16. taxes cut and increased government
  8. 19. buying a new shirt from the store, this is an example of what?
  9. 21. combination of high inflation and high economic growth
  10. 24. curve a graph that shows supply and price__________