GED Economics Vocabulary

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Across
  1. 2. what you are giving up when you make a choice
  2. 4. interconnection among the world's businesses
  3. 5. quantity that producers are willing to offer
  4. 6. quantity that consumers are willing and able to buy
  5. 10. gross domestic product;value of things produced
  6. 11. not enough resources to satisfy all wants and needs
  7. 13. deciding between two or more alternatives
  8. 14. plan for how you spend your money each month
  9. 16. individual decision-making in economics
Down
  1. 1. buying assets that can earn more money over time
  2. 3. how much supply or demand changes when price changes
  3. 7. how to distribute limited resources
  4. 8. setting aside money for future needs
  5. 9. value of the next-best alternative
  6. 12. deals with the economy as a whole
  7. 15. rising prices and how they affect the economy