Across
- 4. the cost of giving up one thing for another
- 5. ideal economy that does not exist
- 7. economic decline lasting for years
- 9. the degree to which people want the product
- 12. measures economic goods and services
- 14. when wants are greater needs or availability
- 15. developing countries who live on beliefs & customs
Down
- 1. buyers and sellers freely exchange goods and services
- 2. using the formula revenue - expenses will equal
- 3. economy ruled by government, locals have no say
- 6. study of production, consumption, and distribution
- 8. amount of a product that is available
- 10. growth and prosperity, more jobs, innovation
- 11. economic decline for more than 2 quarters
- 13. best economy where innovation can occur