Economics Terms

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Across
  1. 3. A security that provides ownership rights
  2. 4. A security that promises repayment to a lender
  3. 6. The act of exchanging goods and services
  4. 8. Karl ______
  5. 9. Revenue in excess of costs (revenue - costs)
  6. 13. Gross ______ Product
  7. 14. The relationship between price and quantity.
  8. 15. Warren _______ the CEO of Berkshire Hathaway
  9. 18. A payment for using money.
  10. 19. When a few large sellers dominate the market
  11. 21. A company's overall income
  12. 22. A tax on trade
  13. 23. Payment of profits to shareholders
Down
  1. 1. ______ cost Next best alternative
  2. 2. When inflation and unemployment increase
  3. 5. There aren't enough resources for everyone
  4. 7. Purchasing Power ________
  5. 10. The condition of not having a job
  6. 11. The tools and equipment used in production.
  7. 12. Everything that is owned by an individual.
  8. 16. The usefulness or satisfaction of doing something
  9. 17. A general increase in the overall price level.
  10. 20. The ability to buy a good or service