Across
- 7. What you give up whenever you choose something.
- 9. Factors of production include land, labor, capital, and…
- 10. Economics is a _______ science.
- 15. A _____ claim describes how things should be.
- 16. Government spending, investments, and revenue from exports.
- 17. Guns are to ____ as Capital is to Consumer
- 18. Money that leaves the flow of a national economy.
Down
- 1. all other things being equal
- 2. What, how, and for whom should things be…
- 3. The idea that one agent’s choices impacts other agents
- 4. A lack of resources
- 5. The _____ flow of the economy can be shown with two or more sectors.
- 6. A _____ claim describes facts and data.
- 8. Production ________ curve
- 11. The opposite of a free market economy
- 12. Adam Smith’s metaphorical hand is….
- 13. An economist who is challenging the classical thinking about economics
- 14. Everything has a cost; there’s no such thing as a…