APPLIED ECONOMICS

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Across
  1. 5. What is the point where supply and demand meet?
  2. 7. What do you call a person who buys goods and services?
  3. 9. What is financial support from the government to businesses or individuals?
  4. 11. What is the total market value of all final goods and services produced in a country?
  5. 13. What branch of economics studies the economy as a whole?
  6. 15. What is bringing goods into a country from abroad?
  7. 16. What is a financial plan for income and expenses?
  8. 17. What is an economic system based on private ownership?
  9. 18. What is the money collected by the government from individuals and businesses?
  10. 19. What is a person who starts and runs a business?
  11. 26. What is a group of firms that agree to control prices?
  12. 27. What is a tax imposed on imported goods?
  13. 28. What is the human effort used in production?
  14. 30. What is the act of using money to generate future wealth?
  15. 31. What is the cost of borrowing money?
  16. 34. What is the economic policy of minimal government interference?
  17. 36. What measures how quantity demanded responds to price changes?
  18. 38. Policy What is government policy on taxation and spending?
  19. 39. Policy What is the regulation of money supply by a central bank?
  20. 40. What is the condition of being jobless and actively seeking work?
Down
  1. 1. What is a market structure with only one seller?
  2. 2. What is it called when supply is greater than demand?
  3. 3. What branch of economics studies individuals and businesses?
  4. 4. What is payment for labor?
  5. 6. What is the process of increased economic integration worldwide?
  6. 8. What is a market dominated by a few large firms?
  7. 10. What is it called when demand exceeds supply?
  8. 12. What do you call a person or business that makes goods?
  9. 14. What is the loss of value of an asset over time?
  10. 20. What is a period of economic decline?
  11. 21. What is the fundamental problem of economics?
  12. 22. What is the share of profits paid to stockholders?
  13. 23. What is sending goods to another country for sale?
  14. 24. What is the willingness and ability to buy a product?
  15. 25. Cost What is the value of the next best alternative foregone?
  16. 29. What is the general rise in price levels over time?
  17. 32. What is the quantity of a good that producers are willing to sell?
  18. 33. What is the financial gain after costs are deducted?
  19. 35. What is the opposite of inflation?
  20. 37. What is a place where buyers and sellers interact?