ECON JACK KWARTOWITZ FINAL

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Across
  1. 1. Interest on Interest
  2. 4. when quantity supplied and quantity demanded are equal at equilibrium, we use the term __ quantity
  3. 7. Everyone pays the same tax rate
  4. 10. recession and Inflation together
  5. 11. People who are willing to take a risk and start a business
  6. 13. a collection of stocks (or bonds) rather than an individual stock or bond
  7. 14. when there are not enough resources
  8. 15. People in other countries also buying US goods and services
  9. 18. Tax rate goes up as income goes up
  10. 21. a philosopher who wrote about economics and value
  11. 23. The minimum price of something is the “price _”
  12. 24. Increasing the money supply
  13. 25. The max price of something is the “price _”
Down
  1. 2. The man measure of “joblessness”
  2. 3. Government involvement was his idea
  3. 5. The struggle among sellers to attract consumers
  4. 6. The cost of the next best alternative
  5. 8. a tax placed in imports to increase their price in the domestic market
  6. 9. How quickly prices are rising every year
  7. 12. Workers who are willing and able to produce goods and services
  8. 16. How many dollars’ worth of goods and services are made in America over time
  9. 17. people who prefer fewer or no trade restrictions
  10. 19. a price that is above the equilibrium price
  11. 20. When people are unemployed because their job is not done at that time of year
  12. 22. Prices rising too rapidly