Across
- 2. number of people are looking for work
- 7. economy where consumers make economic decisions
- 8. resources are controlled by the government
- 10. the overall increase in prices
- 11. to trade
- 12. study of how people/business make decisions
- 14. resources are privately owned
- 15. the overall decrease in prices
- 16. unemployment high, prices high,spending low
- 19. start of the decline of economy
- 20. What you give up for something else
- 22. quantity of goods and services produced
- 23. total value of goods & services provided one year
- 24. desire to work hard to make more profit
- 25. basic economic problem
Down
- 1. government mgmt. of revenues & spending
- 3. money left from sales after subtracting expenses
- 4. perfect price where supply meets demand
- 5. the quantity of a good/service people want to buy
- 6. study of behavior of the overall economy
- 8. rivalry among businesses
- 9. low unemployment, prices are steady
- 13. study of how individual decision making
- 17. the quantity of goods/services available for sale
- 18. how you show a business you like them
- 19. economy starts to bounce back
- 21. things the way they have always been done