Across
- 1. The percentage of workers who are interested in working. (dash symbol to divide 2 words)
- 5. Known as the biggest trade deal in the world, it has mainly lost its power since the US withdrew from the trade deal in early 2017 (dash symbols to divide 3 words)
- 11. Post tax income (dash symbols to divide 2 words)
- 13. Extra benefits levied to an employee, such as a company car (dash symbol to divide 2 words)
- 14. when an individual is willing to work more hours but the business is unable to give it
- 16. this will increase if consumers are spending more on business products (dash symbol to divide 2 words)
- 18. The revenue that the government takes in order to run the government
- 19. Human resources, lawyers, teachers
- 20. Conditions of overseas countries to buy and sell imports and exports (Acronym)
- 21. the 'amount' of as good and service that a producer can provide, will fluctuate with the amount of the good or service demanded and price
- 24. A factor that considers the amount of individuals that are in a country (dash symbol to divide 2 words)
- 25. to govern a country or state
- 27. Trade agreement between Australia and Asia-Pacific (acronym)
- 28. the cost of 'foregoing' a resource for the value of the next best alternative (dash symbol to divide 2 words)
- 30. Graphical representation of the production of two goods or services (Acronym)
- 31. the 'want' for a specific good or service from the public, will fluctuate with the amount of the good and service including price
- 34. the type of unemployment that occurs with a fundamental shift in the economy
- 35. a market comprised of price-takers that seeks to dominate the market (dash symbol to divide 2 words)
- 39. Anything of value than an individual or business owns
- 42. Financial institution that allows loans, deposits and withdrawals
- 43. A type of unemployment that occurs due to the factors of the individual, such as a criminal record
- 46. The sector that involves the government in the circular flow model (dash symbol to divide 2 words)
- 47. A measure of human development in a country (Acronym)
- 49. A good or service that is desired in order to provide satisfaction to the user, but which is not necessary for survival or to meet the basic standard of living in a community.
- 51. Trade agreement between Australia, New Zealand and several other South-Eastern nations (acronym)
- 54. Resources that can create more resources, computers, hammers, machinery
- 55. An organisation, enterprise or business engaged in the production and trade of goods and services, usually for profit.
- 56. buying goods from another country
- 57. a living standard that is defined through economic growth and the contribution of GDP for the individual
- 59. the type of Tax on a good
- 60. the type of unemployment that is happens when an individual is between two jobs
- 62. a series of circumstances that influence the production of a good or service
- 65. the system by which goods and services are produced, sold and bought in a country
- 66. Multilateral trade agreement between 15 Indo-Pacific nations, including Japan, China, Japan and South Korea (acronym)
- 67. percentage of individuals who are aged 15 and over who are either employed or willing to work (dash symbol to divide 2 words)
- 68. Income deducted from interest rates, the higher the interest rate, the lower the ______ income (dash symbol to divide 2 words)
- 69. a statutory authority body that regulates market fairness and competition in Australia, synonymous with the Competition and consumer act 2010 (acronym)
- 74. Materials that are bought from overseas to manufacture resources, then export said resources (Acronym)
- 75. a type of trade agreement which involves multiple countries
- 76. a type of trade agreement between two countries
- 77. Pay as you go (acronym)
- 78. A demand-side factor that increases business confidence and is characterised by the consumer’s optimism of their future (dash symbol to divide 2 words)
- 79. The firms section of the circular flow model (dash symbol to divide 2 words)
- 80. when two countries exchange goods
- 81. The perceived fairness of the way scarce resources are used and the way the benefits of production are distributed.
Down
- 2. The total supply of goods and services in a economy (dash symbol to divide 2 words)
- 3. the use of goods and services by households
- 4. in the ad formula, this is represented by the letter c (dash symbol to divide 2 words)
- 6. Natural resources defined by geography, coal, wood, rivers
- 7. a type of trade agreement which involves several countries in one region
- 8. the type of unemployment where the individual removes themselves from the workforce and the unemployment data
- 9. Efficiency of resources being allocated to the production of goods and services.
- 10. the logic where goods and services are in a natural shortage of supply (dash symbol to divide 2 words)
- 12. Closer Economic Relations Trade Agreement (acronym)
- 15. The sector that involves imports and exports (dash symbol to divide 2 words)
- 17. A sector of the economy composed of businesses and non-government organisations that use their surplus funds to achieve goals rather than distribute these funds to the owners. Not-for-profit organisations often exist in the form of charities, service organisations and clubs. (dash symbols to divide 3 words)
- 22. ______ curve
- 23. The total demand of an economy represented by the GDP (dash symbol to divide 2 words)
- 26. regular deposits into an employee’s account that will grow through appreciation until the employee’s withdrawal or retirement.
- 29. A graph that dictates the productional efficiency of two products. (dash symbols to divide 3 words)
- 32. A type of leakage from the financial sector.
- 33. Quantified economic activity of a nation (Acronym)
- 36. selling goods to another country
- 37. allocating money towards a specific sector for profit
- 38. the state where companies and brands compete against one another to maximise profits
- 40. A type of unemployment that occurs at certain times of the year
- 41. Government-promoted spending on the acquisition of goods and services (dash symbol to divide 2 words)
- 44. Things that add money to the circular flow model
- 45. living standards that cannot be conventionally measured (dash symbol to divide 2 words)
- 48. A type of unemployment that occurs when the Aggregate demand for an economy decreases.
- 50. a market with homogenous products and a universal selling and buying game that its easy to enter (dash symbol to divide 2 words)
- 52. in the ad formula, this is represented by the letter i (dash symbol to divide 2 words)
- 53. Government-promoted spending on capital resources, roads and means of supply (dash symbol to divide 2 words)
- 58. Business know-how
- 60. A trade agreement (acronym)
- 61. Describes the means by which the forces of demand and supply determine prices and the allocation of scarce resources between competing uses. (dash symbol to divide 2 words)
- 63. The consumer section of the circular flow model (dash symbol to divide 2 words)
- 64. consumption that is either private or corporate
- 70. the type of Tax against the companies based on profits
- 71. _____ rates
- 72. Things that remove money from the circular flow model
- 73. a strict market with a few competitors that is difficult to enter, price takers