Across
- 3. The central banking system of the United States
- 4. Payment made for the use of money over time
- 7. The total value of goods and services produced by a country
- 9. The total cost of producing one more unit of a good
- 12. a situation in which demand is greater than supply
- 13. A situation in which prices increase rapidly
- 14. The level of satisfaction derived from consuming a good or service
- 15. The ease with which an asset can be converted to cash
Down
- 1. The government’s plan for spending and taxation
- 2. A market structure with a single seller
- 5. A person who organizes and operates a business
- 6. A tax on imported goods
- 8. System where businesses are privately owned
- 10. A tax on imported goods
- 11. The study of how individuals and societies allocate resources