Across
- 5. Ownership in a company.
- 6. A good who demand decreases when income increases.
- 9. When buyers and sellers hold different information.
- 11. The overconsumption of common resources. It is called the Tragedy of the...
- 14. Tendency to take fewer precautions b/c of insurance.
- 15. Rise of overall prices in an economy.
- 16. When the supplier can prevent people from consuming.
- 18. Type of advantage where you have the lowest opportunity cost.
- 19. Measure of economic growth.
- 20. A loan issued by a borrower.
- 21. When spending exceeds tax revenue.
Down
- 1. What you give up to get something.
- 2. Responsible for monetary policy.
- 3. Responsible for fiscal policy.
- 4. When more than one person can consume a good.
- 7. Side effect of someone else's behavior.
- 8. Benefit from something without contributing.
- 9. Type of advantage where you can make more in a given amount of time.
- 10. Money backed by gold.
- 12. Concerned with individual decisions.
- 13. Unemployment caused by a careful job search.
- 17. Core element of economic growth.