Economics Revision

12345678910
Across
  1. 2. / The point were quantity demanded equals quantity supplied
  2. 5. / Government intervention in the market to correct market failures and promote social welfare
  3. 7. measure of responsiveness of quantity demanded to a change in price
  4. 8. / Goods that are non excusable and non rivalry in consumption
  5. 9. / The quantity of a good or service that producers are willing and able to sell at various prices
  6. 10. / The effect where an initial change in spending leads to a larger change in demand and income
Down
  1. 1. / Situation where Government revenue exceeds spending in a given period
  2. 3. / The system of money in general use in a particular country
  3. 4. / Government revenue collection from households and firms
  4. 6. / Where people are willing and able to work cannot find employment