Economics Crossword Puzzle

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Across
  1. 7. costs that are not affected by changes in output
  2. 8. curve that shows increasing opportunity costs
  3. 10. when actions of a person have an impact on others
  4. 12. the percentage of the workforce that is unemployed
  5. 13. recurring fluctuations in economic activity consisting of recession and recovery and growth and decline
  6. 15. competition that has only one firm that sets prices
  7. 16. an increase in money supply increases the quantity of investment demanded because of a decrease in ____.
  8. 17. minimum price below which the product cannot be sold
  9. 18. when the interest rates in a country rise, the value of their ______ increases.
Down
  1. 1. the period of time in which state of the economy declines
  2. 2. a grant or contribution used to increase the supply of goods with positive externalities
  3. 3. factor market in which there is a sole firm that has market power
  4. 4. a decrease in government spending results in a decrease in _____.
  5. 5. loss of funds for private investment caused by government borrowing
  6. 6. C + I + G + (X – M)
  7. 8. tax where the proportion of income paid in taxes rises as income rises
  8. 9. excess burden caused from not being at the competitive market equilibrium
  9. 11. indirect costs included in economic profit
  10. 14. models strategic interactions of firms in oligopoly markets
  11. 16. general increase in prices over time