Across
- 2. The analysis of how the overall economy works; how the decisions of consumers, business, investors and governments affect key measures such as inflation, unemployment and gross domestic product.
- 3. The want for a product that sold out
- 4. The (fairly regular) flow of money to the factors of production. Labour receives wages; land receives rent; capital receives profits, interest and dividends.
- 5. Gross domestic product
- 7. a financial gain
- 8. Those goods and services that are available to meet demand.
- 9. Physical assets that companies use in the manufacturing process.
- 11. Institutions at the heart of the financial system. Commercial banks take in deposits and make loans, thereby creating money.
- 12. the state of being scarce or in short supply; shortage.
- 15. Money borrowed from someone else, whether a bank, a company or a person.
- 16. the proportion of a loan that is charged as interest to the borrower, typically expressed as an annual percentage of the loan outstanding.
Down
- 1. The act of protecting yourself against the financial impact of risk. Traditionally, insurance was developed to cover fire, the sinking or seizure of a ship, or the death of the family breadwinner
- 4. Goods and services acquired from outside the country. When a German tourist buys a meal in Spain, that counts as a German import.
- 6. Taxes collected directly by the government. Examples include income tax and corporate profits tax. See also indirect taxation.
- 9. It is used to refer to the investment that an entrepreneur puts into a new project or business.
- 10. A term used for both a factor for production and for the organised representatives of the working classes
- 13. A catch-all term for the extension of loans to individuals, companies or organisations.
- 14. The income paid to a landowner for the use of land or buildings. Economists also use the word in a different sense; see economic rent.