Across
- 6. Efficiency where no one can gain without loss
- 7. The doomsday economist who predicted population would outgrow food supply
- 8. Profiting from price differences across markets
- 9. Payment for labor
- 10. Related to government spending and taxation
- 14. Two consecutive quarters of negative GDP growth
- 15. Choosing "good enough" instead of optimal. The economics of settling
- 17. How easily an asset can be converted to cash
- 18. A cost or benefit that spills over to a third party
Down
- 1. Relating to the effect of one additional unit
- 2. Small loans, big developmental hopes
- 3. Trade without money
- 4. Business model licensing a brand and system. MCU, but make it economics.
- 5. Government policy of cutting spending. The economic equivalent of a crash diet
- 11. A group of firms acting together to control prices and output
- 12. An investor who expects prices to fall. The pessimist of Wall Street
- 13. A scheme paying old investors with new money.
- 16. A self-sufficient economy with no international trade