Across
- 4. In a period when prices rise slowly (two words)
- 7. The restrictions governments impose on trade
- 8. The difference between U.S. exports of goods and services and U.S. imports of goods and services (two words)
- 10. Defense what is the largest discretionary spending in the federal budget (two words)
- 11. Shrinking the economy making less goods and services than before
- 13. What tax is placed on imports increases the price in the domestic market
- 14. When there is a struggle among producers to make good products at a reasonable cost to attract customers
- 15. What does GPD stand for (three words)
- 19. Places/arrangements that allow buyers and sellers to exchange products with each other
- 20. Situations where the desires and needs of the consumer control the outputs of producers (two words)
- 22. This person thinks the government should be involved in times of recession and high inflation
- 23. Congress has no choice but to do unless the law changes (two words)
- 24. When buyers and sellers freely and are willing to interact in the market transactions (two words)
- 25. When the static quantity of a good and service when is a price change
Down
- 1. Sum of money that is borrowed for a certain period and it will be returned along with interest
- 2. A set of requirements put in by a federal government agency to implement laws passed by Congress (two words)
- 3. The amount of interest gets the last year's rate it goes up from that point on (two words)
- 5. Process of investing money for profit or material result
- 6. When there is more than one buyer so demand goes up when there are fewer consumers demand goes down (two words)
- 9. The increase of prices of goods and or services which makes an increase in supply (three words)
- 12. The amount of money you can spend that you decide beforehand
- 16. The cost of the next best thing "alternative" (two words)
- 17. You can see the relationship between the price of goods and services and the quantity of demand within a time frame on a graph (two words)
- 18. is the combination of high inflation and economic stagnation
- 21. When the interest rate is the same as you put in (two words)
