ECONOMICS-0455

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Across
  1. 4. A REDUCTION IN REAL GDP OVER A PERIOD OF SIX MONTHS OR MORE
  2. 5. A PRODUCT WHICH IS NON-RIVAL AND NON-EXCLUDABLE
  3. 6. COST THAT CANNOT BE RECOVERED IF THE FIRM LEAVES THE INDUSTRY
  4. 8. SELLING PRODUCTS IN A FOREIGN MARKET AT A PRICE BELOW THE COST OF PRODUCTION
  5. 10. THE BEST NEXT ALTERNATIVE FORGONE
  6. 11. A TAX ON IMPORTS
  7. 14. THE RISE IN THE PRICE LEVEL OF GOODS AAND SERVICES OVERTIME
  8. 15. A SUSTAINED FALL IN THE PRICES OF GOODS AND SERVICES
  9. 16. TAXES ON GOODS AND SERVICES.
  10. 18. THE WILLINGNESS AND ABILITY TO SELL A PRODUCT
  11. 22. NON-HUMAN FACTORS OF PRODUCTION
  12. 23. THE SALE OF PUBLIC SECTOR ASSETS TO THE PRIVATE SECTOR
  13. 26. AN ASSOCIATION WHICH REPRESENTS THE INTEREST OF A GROUP OF WORKERS
  14. 27. A BAN ON IMPORTS OR EXPORTS
  15. 28. A MARKET WITH A SINGLE SUPPLIER
Down
  1. 1. A FALL IN THE VALUE OF A CURRENCY IN FIXED EXCHANGE RATE SYSTEM
  2. 2. THE ACT OF LEAVING THE COUNTRY TO LIVE IN ANOTHER COUNTRY
  3. 3. A PRODUCT THAT CAN BE USED IN PLACE OF ANOTHER
  4. 7. ACTS AS A BANKER TO THE GOVERNMENT
  5. 9. TAXES ON THE INCOME AND WEALTH OF INDIVIDUALS AND FIRMS.
  6. 12. SOMEONE WHO CONSUMES A GOOD OR SERVICE WITHOUT PAYING FOR IT.
  7. 13. COST WHICH DO NOT CHANGE WITH OUTPUT IN THE SHORT RUN
  8. 17. A RISE IN THE VALUE OF A CURRENCY IN TERMS OF ANOTHER CURRENCY IN FLOATING EXCHANGE RATE SYSTEM
  9. 19. A PAYMENT BY GOVERNMENT TO ENCOURAGE THE PRODUCTION OR CONSUMPTION OF A PRODUCT
  10. 20. THE PROCESS BY WHICH THE WORLD IS BECOMING INCREASINGLY INTERCONNECTED THROUGH TRADE AND ORHER LINKS
  11. 21. A DIAGRAM SHOWING THE AGE AND GENDER STRUCTURE OF A COUNTRY'S POPULATION
  12. 24. THE REMOVAL OF RULES AND REGULATIONS
  13. 25. A SITUATION WHERE THERE IS NOT ENOUGH TO SATISFY EVERYONE'S WANTS.