Across
- 2. The study of the economy as a whole is known as what?
- 4. The person who starts, organizes and manages a business is called
- 5. Because we face scarcity, we must make _______
- 7. This is calculated as the change in the value of the variable measured on the y-axis divided by the change the value of the variable measured on the x-axis
- 9. Land earns _______
- 10. Resource owner who supplies factors of production
Down
- 1. This statement reflects the opinions and viewpoints of individuals and businesses when making decisions based on economics.
- 3. The place where goods and services are exchanged
- 6. This relationship shows the correlation between two variables such that they move in opposite directions.
- 8. The work time and work effort that people devote to producing goods and services is_______