Across
- 2. the quantity of a good or service that firms are willing to sell
- 8. values that are measured in money terms
- 9. employed only at certain times of the year
- 10. a fall in the rate of inflation
- 12. a fall in the general level of prices
- 13. the degree to which a demand or supply is sensitive to changes in price or income
- 16. a statement that is your opinion
- 18. a worker is employed but wants to work more hours
- 20. a general and sustained increase in prices
- 21. a compulsory charge made by the government on goods, services, incomes or capital
Down
- 1. the price where the quantity demanded equals the quantity supplied for a good or a service in a market
- 3. the opposite of public goods
- 4. generally acceptable in the payment of a good or service
- 5. people of working age who are wither unwilling or unable to work
- 6. the quantity of a good or service purchased at a given time period
- 7. the economic word for the word 'total'
- 9. concentrating on the production of a limited range of goods and services
- 11. relating to government revenue
- 14. where consumers and producers come into contact with each other to exchange goods and services
- 15. the creator of the Keynesian school of thought
- 17. a measure of people working age who are willing and able to work
- 19. finite resources compared to infinite wants
