Across
- 7. the practical implementation of new ideas or technologies that lead to improved goods
- 8. a cost or benefit that affects a third party who did not choose to incur that cost or benefit
Down
- 1. people who are employed currently or looking for employment
- 2. the knowledge, skills, abilities, and experience possessed by individuals, considered as economic assets that contribute to productivity and economic growth.
- 3. the process a firm uses to transform inputs into outputs
- 4. goods and services that a country purchases from other countries
- 5. how efficiently inputs are used to make outputs
- 6. a fixed, representative collection of goods and services commonly purchased by consumers