chapter 1 vocab

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Across
  1. 3. An exchange or swap
  2. 4. The branch of economics that focuses on subjective value judgments and what the economy ought to be like
  3. 6. The desire to win is a great so put your mind to work
  4. 8. The demand for a good will increase if its price decreases
Down
  1. 1. An economic evaluation that weighs total expected benefits against total costs to make a decision
  2. 2. The study of scarcity and the choices people make with limited resources.
  3. 5. Lack or shortage of something needed
  4. 7. A country's system which deals with wealth overall