Econ 2 crossword

1. everyone pays the same rate
3. The government also buys US-made good and services
6. Businesses buy goods called capital
7. most people who want a job have a job
8. The difference between the amount earned and the amount spending
9. as income goes up tax rates go up
10. The quanting of a good or service that producers are willing and able to produce at specific prices
13. the struggle among sellers to attract consumers
15. Basic requirement for survival, such as food, clothing, and shelter
17. a economic system in which private citizens own and use the factors of production to generate profits
19. are willing to take a risk and start a business
20. Something intangible that satisfies our wants and needs
21. prices and rising too rapidly
22. an increase in prices in general
24. The amount of a good or service that consumers are willing and able to consume at different prices

2. The cost of the next-best alternative
4. as income goes down tax rates go down
5. the act of buying and selling freely and willingly engaging in market transactions
11. Simply something we would like to have but is not necessary for survival
12. The study of how human beings choose to use their scarce resources to satisfy their unlimited wants
14. a shrinking economy producing fewer goods and services then before
16. A worth that can be expressed in dollars and cents
18. people in other countries also buy US goods and services
23. anything found in nature that we use to make goods and services
25. Something tangible that satisfies our wants or needs