Economic Environment

3. Disparity difference found in various measures of economic well-being among groups , countries.
5. something whose value can change.
9. sustained increase in price level of goods and services in an economy over a period of time.
10. relation between ttwo parties were work is paid.
11. A good for which the choice of one alternative requires that another be given up.
12. A particular section of populations.
13. A good for which the choice of one use does not require that another be given up.
14. An economy moving from command to free market.

1. Model refers to the economic and social policies of ideal countries.
2. A statement that makes a value judgement.
4. morality moral and ethical standards enforced in a society.
6. Stability is a goal of monetary and fiscal policy aim to support sustainable rates in economy.
7. A person who operating within the context of a market economy ,seek to earn profit .
8. Cost The value of the bst alternative forgone in making choice.