Across
- 1. The condition in which we have unlimited desires but limited resources
- 3. The market situation when there is more demand than there is supply
- 5. Represents the amount of pay you received BEFORE taxes are taken out
- 6. Represents the amount of pay you actually take home
- 7. Until your _______ is met, you must pay 100% of your medical medical bills
- 11. If you do not pay your credit card bill in full then you must pay _______.
- 14. This curve always slopes downward
- 16. The term for putting money into your bank account
- 18. The market situation when there is more supply than there is demand
- 19. After your deductible is met, you split your healthcare costs with who?
- 20. To figure out the monthly interest rate on a credit card, you must take the ______ divided by 12.
- 22. This curve always slopes upward
- 23. A type of market that has less than 10 sellers/firms
Down
- 2. When there is a shortage, the price of an item will likely
- 4. The government uses antitrust laws to break up monopolies and ensure that there is _______ within industries
- 8. This term describes the obstacles that exist when entering into an industry
- 9. As the term length of a loan shortens, the monthly installment gets _____ expensive
- 10. The term for taking money out of your bank account
- 12. The monthly cost to have health insurance
- 13. The amount of money you borrowed from the bank when taking out a loan
- 15. As price increases, the quantity demanded of that item will _______.
- 17. The point at which supply and demand are equal
- 21. In which market are we most likely to see predatory pricing