Economics Final
Across
- 3. ________________ is an example of a normal healthy econnomy
- 4. The stock with the highest risk but greatest potential rewards is?
- 6. ____________is the power to increase or decrease the “money supply” (the amount of money circulating through the United States)
- 8. What is the idea that there are a limited amount of resources to meet unlimited wants and needs?
- 12. ______________ just means “total” demand.
- 14. Fighting high inflation and recessions are two main goals of the_______
- 15. The maximum amount of money you should spend on housing in 1 month should be ___ of your monthly income
- 17. ___is how many dollars worth of goods and services are made in a country over time (typically one year)
- 18. the value of the next-best alternative is an?
- 19. the study of how people try to satisfy their needs and want with limited resources is?
- 21. The ___________ states that consumers will buy more of a product at lower prices and less at higher prices
- 22. ____________ is the Actions by Congress to increase or decrease aggregate demand to fight inflation, recession, or stagflation.
- 23. The ___________shows the quantities demanded at all possible prices
- 24. Using your money for things that matter to you is?
- 25. __________ is the concept that an increasing consumption of goods is greatly beneficial to the economy was an intentional shift from product utility to desires
Down
- 1. Prices rising too rapidly is Indicated by an?
- 2. A “shrinking” economy producing fewer goods and services than before is an example of a?
- 5. ______is the amount of a product offered for sale at all available prices
- 7. the study of the behavior and decision-making of individuals and businesses is?
- 9. the study of the behavior and decision-making of an economy as a whole is?
- 10. True or false, when making a budget you want to get as close as possible to the 50/30/20 rule
- 11. _____________is shown by drawing a very flat demand curve
- 13. the desire, ability, and willingness to buy a product is?
- 16. How many ways can congress increase or decrease aggregate demand
- 20. Recession + Inflation is?