Economics Crossword
Across
- 3. Rates/ Interest rates does not change for a particular time.
- 8. Someone that studies the economy.
- 9. Rates/ The annual cost of borrowing credit or annual return on invested savings.
- 11. Development/ A pattern of resource use that to meet human needs while preserving the environment.
- 12. Cost/ Sacrificing something for an alternative.
- 14. not much change in quantity demand when price changing.
- 15. A downturn phase of the business cycle.
- 16. Inputs used for production.
- 17. The creating of goods and services.
- 19. Measures how much the quantity changes when the price changes.
- 20. Where a market or industry is dominated by a single producer of goods and services for which there is no close substitute.
- 23. When a business spreads internationally to trade overseas.
- 26. Sector/ A sector of the economy that includes all individual consumers.
- 27. Produced overseas and bought into the country.
- 29. Unemployment/ Individuals who would like a job or work longer hours.
- 31. Person/A person who works full time or part time and gets paid.
- 33. costs/ These include business expenses such as wages, rent and government taxes.
- 34. fall in the general level of prices over a period of time.
- 36. equality/ A situation where the income is evenly divided amongst a country.
- 37. Domestic Product/ Total value of a country's output, income or expenditure produced within the country's physical borders.
- 39. Inflation/ when prices rises very quickly.
- 40. Flow Model/ a diagram that represents the market and sector of an economy.
- 41. Constraints/ When there is a lack of spare productive capacity to meet increased demand.
- 42. Elaborately Transformed Manufactures.
- 43. Surplus/ A situation where the government receipts exceed outlays.
- 44. Income earned by investors from ownership in shares of companies.
Down
- 1. A situation where average prices are rising.
- 2. Bank of Australia/ RBA
- 4. Growth/ An increase in the capacity of an economy to produce goods and services.
- 5. Listen a product can easily replace another because of their similarity.
- 6. The amount of valuable assets owned by an individual.
- 7. items of value owned by a person.
- 10. Rate/ A percentage of a given group of individuals of working age who are prepared to work and seek employment.
- 13. This exists when it is possible to reduce labour without a decrease in production levels.
- 18. Person/ Those who are willing and able to work cannot secure a job.
- 21. coefficient/ Measurement of inequity.
- 22. Price Index/ An average measurement of prices of a basket of consumer goods and services.
- 24. Assets acquired from a decreased person.
- 25. Curve/ A diagram that illustrate the degree of equality or inequality of a country.
- 28. A tax levied on imported goods.
- 30. Investment/ G2
- 32. Float/ Australia buying its own currency than selling it.
- 35. Demand/ The amount of goods and services demanded in the economy.
- 38. Payment received in exchange for work.