Revision for final

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Across
  1. 6. sectors producing services
  2. 8. one which takes a larger percentage of the income or wealth of the poor
  3. 10. risk bearing and key decision making in business
  4. 12. reward to investment
  5. 16. reward to land
  6. 17. function of money enables the value of different items to be compared as prices are expressed in money terms
  7. 18. an increase in the output of an economy and in the long run, an increase in the economy’s productive potential
  8. 19. the best alternative forgone
  9. 20. cost which do not change with output in the short run
  10. 21. function of money that enable people buy and sell
  11. 22. decisions on government spending and taxation designed to influence aggregate demand
  12. 23. the merger of firms producing the same product and at the same stage of production
Down
  1. 1. one which takes a larger percentage of the income or wealth of the rich
  2. 2. reward to enterprise
  3. 3. characteristic of money that each unit of money must be identical
  4. 4. characteristic of money that make it easy to carry money around
  5. 5. reward to labour
  6. 7. benefits enjoyed by those who are not involved in the consumption and production activities of others directly
  7. 9. cost that change with output
  8. 11. the merger of one firm with another firm that either provides an outlet for its products or supplies it with raw materials, components or the products it sells
  9. 13. a situation where there is not enough to satisfy everyone’s wants
  10. 14. function of money that enable people to save
  11. 15. benefits received by those directly consuming or producing a product