Economics Vocab
Across
- 3. All available labor resources are being used in the most efficient way possible
- 5. A fixed list of items, in given proportions
- 6. Inefficient distribution of goods and services in the free market
- 8. A series of cycles of economic expansion and contraction
Down
- 1. Knowledge, skills, and health, people invest in
- 2. The governing body of a nation, state, or community
- 4. A general increase in prices and fall in the purchasing value of money
- 7. A period of temporary economic decline during which trade and industrial activity are reduced