macro unit 1

12345678910111213
Across
  1. 5. where supply and demand match eachother
  2. 7. limited resources but unlimited wants
  3. 8. producing more of a good with the same amount of resources
  4. 10. general increase in prices and decrease in purchasing power
  5. 11. export prices for import prices
  6. 12. period of declining GDP and higher unemployment
Down
  1. 1. value of what you give up when making decisions
  2. 2. use of resources to produce 1 or limited goods
  3. 3. producing a good with lower opportunity cost
  4. 4. graph that visualizes trade-offs
  5. 6. products where consumption increases as income goes down
  6. 9. the amount buyers will buy at certain price points
  7. 13. the amount of a good sellers will sell at certain price points