Across
- 4. the type of unemployment in which people lose their jobs during poor economic periods
- 12. the money one receives as incentive to work a job
- 13. acronym for the dollar value of all final goods and services produced within a country's borders during a period
- 15. when a person is working a job they are overqualified for
- 17. a type of good that is rival and excludable
- 18. a limited number of resources for an unlimited number of consumers
- 20. sensitivity of consumer when it comes to quantity demanded when the price increases or decreases
- 21. a few sellers with near complete control over a particular market
Down
- 1. the catalyst exchanged for all things, economically speaking
- 2. a type of good that is non-rival and non-excludable
- 3. a type of good that is non-rival and excludable
- 5. the buyer
- 6. a single seller with complete control over a particular market
- 7. the amount of benefit one gets from something
- 8. the policy which allows the government to slow or increase economic growth
- 9. the available amount of a good or service
- 10. the money collected by the government to fund both discretionary and mandatory spending
- 11. a cost or benefit to someone uninvolved
- 14. willingness to consume a good or service at various prices
- 16. rewards or penalties to encourage or discourage consumers from on thing or another
- 19. a type of resource that is rival and non-excludable
