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