Across
- 1. interest rate Feds charge banks to borrow $
- 8. businesses sell similar products
- 9. measure of change in price over time
- 11. competing for business based on price
- 12. money saved and used for purchases later
- 20. long period of severe economic contraction
- 21. overall increase in prices of goods/services
- 22. financial assistance to a business or entity
- 23. period of slow growth and high inflation
- 24. % of labor force w/o work and looking
- 29. money is a measure of the worth of gds/srvs
- 33. single seller or producer of a product/service
- 34. no single seller controls market prices
Down
- 1. overall decrease in price of goods/services
- 2. comp. advantages not based on price
- 3. value of goods/services workers create
- 4. regulates money & banking systems
- 5. how a market is organized based on sales
- 6. data used to evaluate health of economy
- 7. govt. spends more revenue than received
- 10. total money govt owes at a given time
- 13. market value of goods/services per person
- 14. money for goods and services needed
- 15. Fed govt's taxing and spending decisions
- 16. govt. receives more than it spends
- 17. part-time workers overqualified for job
- 18. illegal/dishonest activities to price fix
- 19. best indicator of economic growth
- 25. a few large companies dominate the industry
- 26. mechanism used to provide/manage money
- 27. purchase of goods/services by consumers
- 28. anything of value accepted for goods or services
- 30. all people in a nation capable of working
- 31. time period of growth and well being
- 32. total amount of money available anytime