Across
- 3. - table that shows the relationship between the price of a good and the quantity producers are willing to sell at each price.
- 6. - Represents the value of a currency in terms of the amount of goods and services that can be bought with a given unit of money.
- 8. - policy refers to the use of government spending and taxation to influence the overall economy.
- 9. - this is where the buyers and sellers meet to exchange good and services.
- 12. - When a person actively searches for a job and is unable to find work.
- 14. - A general decrease in the price level of goods and services over time.
- 15. - the abuse of entrusted power for private gain.
- 17. - political and economic system in which property and the means of production are owned in common, typically controlled by the state or government
- 21. - The movement of people from one place to another.
- 24. - Greek word of administration
- 28. - graphic representation of the relationship between product price and the quantity of the product demanded.
- 29. - The physical or financial resources used to produce value in an economy.
- 31. - Theory argues that population growth tends to outpace the growth of food supply and other resources.
- 34. - Refers to an increase in the size of a country's economy over a period of time.
- 35. - a policy of minimum governmental interference in the economic affairs of individuals and society.
- 37. - condition where the quantity of a product or service demanded is greater than the quantity supplied at the market price
- 39. - financial assistance, usually from the government, given to individuals, businesses, or industries to encourage specific activities or reduce their costs.
- 40. - Refers to the situation where individuals who are actively seeking employment are unable to find work.
- 45. - the lowest hourly wage that employers are legally allowed to pay their workers
- 49. - usually performs manual labor or skilled trades, often in non-office settings.
- 50. - tax governments impose on income generated by businesses and individuals within their jurisdiction
- 53. - when the quantity demanded or supplied changes due to a change in price, holding all other factors constant.
- 54. - the movement of people from one place to another.
- 55. - Refers to the transfer of money, goods, or services from one party to another
- 58. - Positive aspects that attracts people to move to another region or location.
- 60. - consumption tax imposed by the government on the sale of goods and services.
- 63. - The loss of potential gain from other alternatives when one alternative is chosen.
- 65. - a higher price leads to a lower quantity demanded and that a lower price leads to a higher quantity demanded.
- 67. - refers to the total amount of work that individuals in an economy are willing and able to offer at a given wage level
- 69. - Essential raw materials or goods that are widely used in production and consumption.
- 73. - represents the interaction between employers seeking workers and individuals seeking employment.
- 76. - The price at which one currency can be exchanged for another
- 78. -individuals who leave their home country to live permanently in another country.
- 79. - the income derived from the ownership of land and other free gifts of nature
- 81. - not having enough money to meet basic needs
- 82. - the act of using resources to satisfy current needs and wants.
- 83. - focuses on the total income generated by all factors of production within an economy during a specific period.
- 84. - The rate of increase in prices over a given period of time.
- 85. - Subset of economics that focuses in the decisions of smaller agents.
- 87. - the income derived from the ownership of land and other free gifts of nature.
- 88. - The uneven distribution of income among individuals or households in a society
Down
- 1. - The demand for a good or service is greater than the availability of the good or service.
- 2. - Form of currency that exists digitally or virtually and uses cryptography to secure transactions.
- 4. - Goods not considered as basic necessities but are essential to consumers.
- 5. - the compensation paid to workers for their labor
- 7. - typically performs professional, administrative, or managerial tasks in an office setting,
- 10. - set of all quantities supplied at different price levels.
- 11. - Refers to the total number of people living in a specific area, country, or region.
- 13. - The total amount of money owed by a government to individuals, businesses.
- 16. - when a factor other than price changes, such as consumer preferences, input costs, or government regulations, leading to a new relationship between price and quantity.
- 18. - refers to the allocation of resources, typically financial capital, towards the creation or acquisition of assets with the expectation of generating future income or appreciation in value.
- 19. - Goods whose demand decreases as consumer income increases.
- 20. - the transfer of money sent by migrants to their families or friends back home
- 22. - The quantity of a good or service supplied by producers equals the quantity demanded by consumers at a specific price.
- 23. - Greek word of household management.
- 25. - Goods that can be used in place of each other to satisfy a similar need.
- 26. - raw materials or basic goods that are interchangeable with other goods of the same type
- 27. - a graph that shows the relationship between price and supply.
- 30. - refers to the quantity of labor that employers are willing and able to hire at various wage rates
- 32. - A general increase in the price level of goods and services over time,
- 33. - Greek word of household
- 35. - Mental and physical contributions.
- 36. - individuals who have moved to a new country to live permanently.
- 38. - refers to the state of being paid to work for a company or organization
- 41. - the difference between a country's total value of exports (goods and services sold to other countries) and its total value of imports (goods and services purchased from other countries).
- 42. - Subset of economics that focuses on aggregates and groups of agent.
- 43. - the market price where the quantity of goods supplied is equal to the quantity of goods demanded.
- 44. - the total amount of work that individuals in an economy are willing and able to offer at different wage levels
- 46. - The total satusfaction or benefit from consuming a good or service.
- 47. - it is a a net total of the flow of payments received in a given time period.
- 48. - table that shows the relationship between the price of a good and the quantity consumers are willing to buy at each price.
- 51. - giving everyone the same resources.
- 52. - the set of all quantities demanded at different price levels.
- 56. - Payment made by an employer to an employee for work done in a specific period of time
- 57. - an economic system in which the production of goods or services privately owned and operated for a profit.
- 58. - the amount of money that a buyer gives to a seller in exchange for a good or a service
- 59. - individuals who has been forced to flee conflict or persecution and has crossed an international border to seek safety.
- 61. - refer to the market values of raw materials or basic goods.
- 62. - An individual's subjective ranking of goods and services based on their relative desirability.
- 64. - as the price of a good or service increases, the quantity of that good or service that suppliers offer will increase, and vice versa.
- 66. - negative reason s that cause people to leave their homes.
- 68. - the financial gain realized when a business's total revenue exceeds its total costs.
- 70. - taxes imposed by a government on imported goods,
- 71. - Refers to the intellectual capacity to organize and put together the other factors of production in coordinated effort.
- 72. - Refers to renewable and non-renewable natural resources.
- 74. - the mandated maximum amount that a seller is permitted to charge for a product or service.
- 75. - Latin phrase meaning "all else being equal".
- 77. - the branch of knowledge concerned with the production, consumption, and transfer of wealth.
- 80. - when the quantity of a good or service supplied exceeds the quantity demanded, leading to lower prices.
- 86. - Fairness, giving more to those who need more.