Economics Vocabulary
Across
- 2. Money paid regularly at a particular rate for the use of money lent
- 3. An arrangement that allows consumers to acquire goods now and purchase them later
- 4. The study of how consumers, workers, and firms interact
- 7. A few providers of a good or service
- 8. Someone who creates or sells good and services
- 11. The tension between unlimited wants and limited resources
- 13. The sole provider of a good or service
- 14. The federal agency that collects taxes
- 16. The desire to own something and the ability to pay for it
- 17. The total value of all newly produced goods and services made in a country during a given time period
Down
- 1. Take-home pay
- 5. Whatever you give up to do something
- 6. Someone who purchases goods and services
- 9. The study of production, employment, and prices on a nationwide scale
- 10. The study of people and their choices
- 12. Pay before taxes/deductions
- 15. The amount of goods or services available