Economics

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Across
  1. 2. Type of currency used in the majority of Europe.
  2. 3. A law that slows down trade.
  3. 4. Tools needed to create goods or provide services (man-made).
  4. 5. Someone who opens their own business.
  5. 7. Not having enough of something to satisfy all wants.
  6. 11. Goods made in your country and shipped out to another.
  7. 12. a contractual agreement in which a borrower receives a sum of money or something else of value and commits to repaying the loan later usually with interest.
  8. 13. a nation's money.
  9. 14. How well people can live based on the country’s market value.
  10. 17. When consumers and producers depend on each other.
  11. 20. increase in the average price of goods and services .
  12. 21. When you pay someone to complete a job or task for you.
  13. 22. Money taken out of pay; additional charge when paying for goods/services; used by government to provide services.
  14. 23. Tax placed on imported items.
Down
  1. 1. Resources found in nature.
  2. 2. Price of one Country’s currency compared to another.
  3. 5. Study of how individuals make choices to use resources to produce or consume goods.
  4. 6. A ban on trade.
  5. 7. Focusing on one good or service to produce to keep costs low & increase profits.
  6. 8. People who purchase goods and services.
  7. 9. the currency of Mexico.
  8. 10. occurs when outward financial flows exceed inward financial flows.
  9. 15. Items created by producers; will be purchased by consumers.
  10. 16. The skills and talents of people used to produce goods or provide services.
  11. 18. Swapping one good for another (barter).
  12. 19. The cost of borrowing expressed at an annual rate.
  13. 24. Goods made in another country and shipped in to your own.