Across
- 2. people have their most basic survival needs met and have sustainable income and assets so they can prosper.
- 3. shorthand indication of the effect one economic variable has on another, provided all other variables remain the same.
- 5. measures the monetary value of final goods and services—that is, those that are bought by the final user—produced in a country in a given period of time
- 8. Increase in aggregate demand, supply remains the same or decreases.
Down
- 1. a social science that focuses on the production, distribution, and consumption of goods and services, and analyzes the choices that individuals, businesses, governments, and nations make to allocate resources.
- 4. the rate of increase in prices over a given period of time.
- 6. infinite demand, limited supply.
- 7. the idea of fairness in the economy