Across
- 2. setting tax rates, setting interest rates, and government expenditures.
- 4. payment from a debtor or deposit.
- 6. a table that shows the quantity demanded at each price.
- 8. a simplified description of reality, designed to yield hypotheses about economic behavior that can be tested.
- 9. a person who leaves their own country in order to settle permanently in another.
- 12. products that have no connection or relationship to each other and do not affect each other in any way.
- 14. a tax or duty to be paid on a particular class.
- 22. is the amount of labor employers seek to hire.
- 25. is often thought of as an economic system in which private actors own and control property in accord with their interests.
- 26. the amount of labour that employers seek to hire during a given time period.
- 27. when you choose one thing which causes you to have to give up, or sacrifice, another.
- 32. the money returned to company investors after all debts are paid and assets liquidated.
- 33. cause people to leave their home.
- 34. a form of inflation
- 36. complement or replace existing labor.
- 37. expectation about the products future price.
- 43. studies the decisions of individuals and firms to allocate resources.
- 44. the general decline in the price level of goods and services.
- 45. are more producers,the overall supply increases.
- 49. as the price of goods and services increases,the quantity supplied also increase.
- 51. when an individual who is not employed and is seeking employment, cannot find work.
- 52. materials, basic resources, agricultural, or mining products.
- 55. work, especially hard physical work.
- 57. how quickly an investment can be sold.
- 60. on agreegates and group of agents.
- 62. citizenship who reside in another country for a limited period of employment.
- 63. is the amount of labor offered for hire.
- 64. a mandatory payment or charge collected.
- 65. the total amount of money—cash.
- 69. visual representations of information.
- 70. the ability to set the sales price for commodity-based end items using the market replacement cost of the main ingredient.
- 71. the financial benefit realized when revenue generated from a business activity exceeds the expenses.
- 72. this is the property of an individual.
- 75. an asset or item acquired to generate income or gain appreciation.
- 77. relating to the work done or those who work in an office or other professional environment.
- 78. an economic ideology that advocates for a classless society
- 80. a tax charged on the annual income of an individual.
- 81. product or service that consumers see as essentially the same or similar-enough to another product.
- 83. when comparing a certain economic metric to a population.
- 84. refers to the supply of and demand for labor.
- 85. not considered to be basic necessities but are necessary to consumer.
- 86. wealth of nation.
- 87. used to produce a product or service to be sold to consumers.
- 88. the highest price at which a good or service can be sold.
- 89. a movement meant to protect the Earth's ecosystems.
Down
- 1. a field of economics that investigates economic phenomena over time
- 3. is any agreement that's legally enforceable.
- 5. the use of goods and services by a household.
- 7. an increase in the size of a country's economy over a period of time.
- 10. a table that shows the quantity supplied at each price.
- 11. an organisational unit producing goods or services.
- 13. also marketing clearing price is the price where qd = qs.
- 15. financial liabilities of government sector.
- 16. the employee will provide services the employer.
- 17. order alternatives -based w/their utility.
- 18. limited government intervention.
- 19. the state of being equal, especially in status, rights and opportunities.
- 20. people forced to flee their own country and seek safety in another country.
- 21. legally recognized money.
- 23. a social science as it seeks to study of human with empirical tools.
- 24. that attract people to move to another region or location.
- 28. anything that gives its owner value or advantage.
- 29. an individual who has an idea acts on that idea, usually to disrupt the current market with a new product or service.
- 30. is the orden of the individuals choice and alternative based on their relative utility.
- 31. along the curve shows the change in quantity.
- 35. opportunity cost of engaging in leisure.
- 38. a system in which a central governmental authority sets permitted levels of production.
- 39. a tax on sales.
- 40. a person who comes to a country to take up permanent residence.
- 41. is when labor supply is greater than labor demand.
- 42. a basic good traded in large volumes and interchangeable with other goods.
- 46. occurs when the quantity demanded is greater than the quantity supplied at the market price.
- 47. as the price of goods and services increases,the quantity demanded also decrease.
- 48. is critical to ensuring that your interests are protected as much as possible.
- 50. an approach to growth and human development.
- 52. a person or organization that provides something needed such as a product or service.
- 53. embodies the principle that wealth creation.
- 54. workers who perform manual labor.
- 56. an item that is produced for direct use by the end consumers.
- 58. demand goods increase as income the good is consider normal goods.
- 59. whose demand decreases with an increase in income.
- 61. occurs when market supply equals market demand.
- 66. limited availability of a resources, good or service.
- 67. to a decline or increase.
- 68. people are required to have more education.
- 73. it is caused non price determinants of factors.
- 74. the quantity demanded of a good shows an inverse relationship with the price of a good.
- 76. are demanded or consumed along with other goods.
- 79. determine how much home-buyers are charged to borrow and buy a property.
- 82. organizations that produce goods and services.