Economics

3. The amount of money a person earns in a given period of time
5. Economic system that uses free markets and funds many societal functions, such as education and healthcare
8. An area of the production, distribution and trade, as well as consumption of goods and services
10. The result of people who wish to work but cannot find work
11. A type of place where shares of companies can be bought, sold and traded
12. Economic system that uses high tax rates to fund necessary quality-of-life elements of society
13. A government payment to an individual or business to assist in their continued economic activity
15. Occurs when too much of a good or service is offered
16. The total of goods and services sold in a country
20. Money earned per year according to a contractual agreement

1. Economic system that emphasizes use of a free market
2. Money earned by the hour, determined by state of employment and employer
4. Economic system that disperses the wealth of the nation equitably to its citizens
6. The effect of a currency losing its value over time
7. The purchase of goods or services for the further production of other goods and services
8. Goods or services sent to another country for sale
9. The desire and ability to purchase a good or service
11. Occurs when a good or service cannot match the level of demand
14. Goods or services brought into a country from abroad for sale
17. The goods or services ready for economic purchase or trade
18. Required monthly and annual payments to the State that are used for the welfare of the State
19. Money used in economic transactions,