Economics

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Across
  1. 6. not enough resources to go round.
  2. 7. to receive (something) from somebody temporarily, expecting to return it.
  3. 8. when an individual without a job is seeking paid employment.
  4. 9. is a rise in the general level of prices of goods and services in an economy over a period of time.
Down
  1. 1. A system where the government, rather than the free market, determines what goods should be produced.
  2. 2. is the human input into the production process.
  3. 3. the next best alternative foregone when making a choice - what we give up when we make a choice.
  4. 4. is a market where the price of a good or service is determined by supply and demand, rather than by governmental regulation.
  5. 5. is total personal income minus personal current taxes.
  6. 6. an economy that produces just enough resources to survive.