APPLIED ECONOMICS

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Across
  1. 5. The amount of labor that employers wish to hire at a given time, illustrated by the labor demand curve Labor demand curve it shows the negative relationship between wage rate
  2. 6. In cities with weak economies, there will be a housings
  3. 10. Every economy in commodities and services markets.
  4. 11. possesses the features of both monopoly and perfect competition. Monopoly The graph of a monopolistic competitive market
  5. 12. An arrangement where the employee will provide services for the employer, and the
  6. 14. High unemployment cannot persist in a long run
  7. 15. The price of every unit of a foreign currency valued in the domestic currency.
  8. 16. They are used primarily in creating other products,
  9. 18. People migrated to a new country or religion
  10. 19. A system where a par value is set between the domestic and the foreign currency by the central bank
  11. 20. This is a market structure with many buyers and sellers
Down
  1. 1. Buyers and sellers must accept market prices
  2. 2. people who leave one country or region to settle in another.
  3. 3. Amount of labor offered
  4. 4. A system in which a nation's currency price is determined based on supply and demand of other currencies in the forex market.
  5. 7. The high demand for houses in growing cities creates
  6. 8. This is characterized by a few sellers producing similar
  7. 9. Fewer people will work if the wages rate is low
  8. 13. shall be compensated.
  9. 17. enter and settle in a foreign country region, leaving a past home