Economics Crossword Puzzle

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Across
  1. 5. a factor that can change
  2. 6. income received by a government from taxes and nontax sources
  3. 7. the income people receive for supplying factors of production, such as land, labor, or capital
  4. 11. all nonmilitary people who are employed or unemployed
  5. 13. a good that consumers demand less of when their incomes increase
  6. 14. a government-issued right to operate a business
  7. 16. government aid to the poor
  8. 17. tendency of suppliers to offer more of a good at a higher price
  9. 21. fiscal policies, like higher spending and tax cuts, that encourage economic growth
  10. 23. a maximum price that can be legally charged for a good or service
  11. 25. the point at which quantity demanded and quantity supplied are equal
  12. 26. objects that have value in themselves and that are also used as money
  13. 28. a minimum price for a good or service
  14. 29. the amount of goods available
  15. 32. the study of the behavior and decision making of entire economies
  16. 34. the study of how people seek to satisfy their needs and wants by making choices
  17. 35. the desire to own something and the ability to pay for it
  18. 36. a required payment to a local, state, or national government
Down
  1. 1. the use of government spending and revenue collection to influence the economy
  2. 2. the right to sell a good or service within an exclusive market
  3. 3. a business owned and managed by a single individual
  4. 4. labor that requires advanced skills and education
  5. 8. actions or activities that one person performs for another
  6. 9. physical objects such as clothes or shoes
  7. 10. labor that requires specialized skills and training
  8. 12. fiscal policies, like lower spending and higher taxes, that reduce economic growth
  9. 15. the study of the economic behavior and decision making of small units, such as individuals, families, and businesses.
  10. 18. the legally bound obligation to pay debts
  11. 19. Old-age, survivors, and disability insurance (OASDI)
  12. 20. objects that have value because the holder can exchange them for something else of value
  13. 22. a business organization owned by two or more persons who agree on a specific division of responsibilities and profits
  14. 24. an institution for receiving, keeping, and lending money
  15. 27. the method used by a society to produce and distribute goods and services
  16. 30. economic system in which decisions on production and consumption of goods and services are based on voluntary exchange in markets
  17. 31. the change in consumption resulting from a change in real income
  18. 33. a market dominated by a single seller