Across
- 2. What is the term for the study of how individuals and societies allocate scarce resources to satisfy their unlimited wants?
- 7. What is the economic system where resources are owned and controlled by individuals and businesses?
- 9. What is the term for the cost of borrowing money?
- 10. What is the term for the increase in the general price level of goods and services over time?
Down
- 1. What is the term for the total value of all goods and services produced in a country in a given year?
- 3. What is the term for the total amount of money circulating in the economy?
- 4. What is the term for the difference between a country's exports and imports?
- 5. What is the term for the measure of how responsive the quantity demanded of a good is to changes in its price?
- 6. What is the term for the percentage of the population that is unemployed and actively seeking employment?
- 8. What is the term for the government's control over the supply and availability of money?