Across
- 2. __________ stabilizers
- 4. ________ surplus;the difference between a buyer's willingness to pay and the price actually paid.
- 5. When rival firms work together
- 7. Lowest point in a business cycle
- 11. One supplier in the market
- 12. Type of unemployment where someone is between jobs
Down
- 1. Policy dictated by changes in spending and taxes
- 3. goods produced abroad and consumed domestically
- 5. average market basket of consumer goods and services purchased by households
- 6. MB=MC is the _________ optimal quantity
- 8. fundamental question of economics
- 9. Price _______, legal minimum price where a good can be sold
- 10. Type of economy where actions are determined by a central government