Economics

4. when is Eachworker given a specific task
5. what is The way that economists put forward & investigate theories in the same way as scientists.
7. what is shows combinations of interest rates and levels of output such that planned spending equals income
10. When a factor of production is fixed but taking more than 4-6 months
13. what is The study of whole economy or group of economies?
14. what is Economics look at human behaviour, particularly in relation to satisfying human needs and wants.
15. When a factor of production is fixed but taking several years
17. what is Concentrate on producing some goods & services rather than others?
19. things that a person would like to have but are not needed for survival
20. what is used to produce goods & services?

1. what is the economic value of a worker's experience and skills
2. When a factor of production is fixed but taking 1 day to 4-6 months
3. what is an economy organized with some free-market elements and some socialistic elements
6. what is the tangible and human-made goods or assets that go into the process of making another item
8. what is The study of how to allocate scarce resources in the most efficient way.
9. what is an economic system where two forces, known as supply and demand, direct the production of goods and services.
11. what is The study of individual markets.
12. when holding other things constant
16. things that a person would like to have but are needed for survival
18. what is the demand for a good or service is greater than the availability of the good or service.