Across
- 2. A market structure with only one seller
- 3. The desire and ability of consumers to buy a good or service
- 4. A reward or penalty that influences behavior
- 7. Goods brought into a country
- 10. A plan for spending and saving money
- 12. ECONOMY An economy that combines elements of market and command systems
- 14. ECONOMY An economy where the government makes most decisions
- 15. The total value of goods and services produced in a country
- 17. The condition of limited resources and unlimited wants
- 18. A person who buys and uses goods or services
- 20. OFF Giving up one thing to gain another
- 22. A general increase in prices over time
- 24. Goods sold to another country
- 25. A person or business that makes goods or provides services
- 27. WAGE The lowest legal pay for workers
- 28. The cost of borrowing money or the return on savings
Down
- 1. Rivalry among businesses to sell products
- 5. Money paid to the government to fund services
- 6. The study of how people make choices with limited resources
- 8. COST The value of the next best alternative given up
- 9. A tax on imported goods
- 11. The condition of not having a job but seeking work
- 13. The amount of money needed to buy something
- 14. The expense of producing a good or service
- 16. ECONOMY An economy where decisions are made by individuals and businesses
- 17. The amount of a good or service producers are willing to sell
- 19. The money left after all costs are paid
- 21. The institution that makes and enforces laws
- 23. Income received from selling goods or services
- 26. Government payment to support a business or industry