ALF 108 - Unit 1

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Across
  1. 1. a person who buys goods and services
  2. 3. a list showing share, commodity, or currency prices
  3. 5. last name of economist who was concerned with the morality of the slave trade
  4. 7. ....and demand are two basic principles in economics
  5. 9. a package of financial products or items which are traded together
  6. 11. French term coined by David Ricardo which argued for less government intervention in the market
  7. 12. taxes paid to the government for certain goods such as alcohol, petrol, etc
  8. 13. a very severe recession
  9. 14. name for the tax paid on a residential home or commercial business
  10. 17. money paid on savings and investment
  11. 20. when banking and finance are supervised less by the government or authorities
  12. 23. to be productive without waste
  13. 24. book written by Karl Marx which is known as "the bible of the working class"
  14. 26. a company may issue these to raise capital
Down
  1. 1. metals, oils, and agricultural products are all examples of different types of....
  2. 2. an economic decline for more than 2 quarters
  3. 4. money coming in to the government via taxes, duties, etc.
  4. 6. not a good value in terms of money spent
  5. 8. concept in economics where a consumer makes choices to gain the most economic satisfaction
  6. 10. long term bonds which are traded and have a low level of risk
  7. 15. theory argued for by Adam Smith which argued that the market would correct itself via competition
  8. 16. Karl Marx's term for the middle class
  9. 18. Karl Marx's term for the lower-class working poor
  10. 19. .......of nations, the book written by Adam Smith
  11. 21. the U.S. state Mr. Butler was born in
  12. 22. the desire to own something
  13. 25. if assets can be quickly converted into cash they are known to be.....