Across
- 2. tax/taxes paid by households and businesses on lands and buildings
- 3. the means of allocating resources in a market economy
- 5. the part of economics concerned with single factors and the effects of individual decisions
- 6. an industry that handles cash,credit,and other financial transactions
- 7. synonym for trading
- 9. recession and inflation together
- 12. amount paid on an insurance policy per a given time period
- 14. inventor of Keynesian economics
- 17. items that satisfy human wants and provide utility
- 18. to many sellers and buyers,a buyer can easily can easily leave and enter the market
- 20. how to get goods without money
Down
- 1. the state of being responsible for something,especially by law
- 4. price are rising too rapidly
- 8. one single seller by selling unique products in the market
- 10. the state of being bankrupt
- 11. good which is both non-excludable an non-rival
- 13. a current medium of exchange in the form of coins and bank notes
- 15. a person who sells goods and services
- 16. a fixed regular payment,typically paid on a monthly basis
- 19. a general increase in prices and fall in the purchasing value of money