December 2024 Economics

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Across
  1. 8. a tax on imports, which is intended to protect domestic industries
  2. 10. the worst economic recession in American history.
  3. 12. international pop star and billionaire whose birthday is today - Friday the 13th!
  4. 13. International organization that controls a significant amount of the world's oil supply.
  5. 15. In economics, this doesn't exist
  6. 18. in economics it is often referred to as "M"
  7. 19. a value that hasn't been adjusted for inflation.
  8. 23. term created by Adam Smith which is when an unseen process corrects an imbalanced market.
  9. 24. a situation in which rising prices push workers to demand higher wages, which leads to higher prices
  10. 26. 2024-25 online/website co-editor of the "Wildcat Tracks" and G block Economics student.
  11. 27. a situation where there is only one seller in a market.
  12. 28. a situation where there is only one buyer in a market.
  13. 29. The name of a Massachusetts based grocery store chain and a tool used to calculate the Consumer Price Index (CPI)
  14. 30. currency used in many European Union countries.
Down
  1. 1. international body which deals with the rules of trade between nations.
  2. 2. currency used in the United Kingdom.
  3. 3. 1970s economic phenomena when inflation grew, but the GDP contracted
  4. 4. branch of economics that focuses on the behavior of individual decision-making units and how they interact through the market coordination.
  5. 5. an economic idea promoted by Adam Smith that government interference in the economy would be harmful.
  6. 6. 16th - 18th economic ideology that view trade was a zero sum game.
  7. 7. trade agreement between the United States, Canada, and Mexico that eliminated most tariffs and trade barriers between the three countries
  8. 9. the first United States Secretary of the Treasury
  9. 11. a fall in the real GDP for two consecutive quarters (six months).
  10. 14. 2024-25 online/website co-editor of the "Wildcat Tracks", G block Economics student, and former Mr. Smith 9th World History student.
  11. 16. Six time NFL Super Bowl winning coach who is now UNC's football coach.
  12. 17. branch of economics that explores the economy as a whole, including GDP, inflation, and unemployment.
  13. 20. amount of the current United States deficit is in the _______________ of dollars.
  14. 21. the "father" of capitalism and the author of "The Wealth of Nations"
  15. 22. in economics it is often referred to as "X"
  16. 25. an effort. to artificially create an advantage in a market in order to obtain some market power.