Across
- 4. fixed costs can be changed
- 6. the amount of people who are willing and able to work
- 7. shows relationship between unemployment and inflation
- 9. the increase in the price level
- 12. the maximum amount of goods a country can produce
- 13. market for different currencies
- 15. type of unemployment that relates to jobs that only exist for part of the year
- 16. an exchange of goods that if done correctly allows a country to consume outside its PPC
- 18. Only one firm in a market
- 19. Moved by changing the money supply or by lowering taxes
Down
- 1. an economist that advocated fro government intervention in the market
- 2. many firms with differentiated products
- 3. type of unemployment that relates to the changes in the business cycle
- 5. The amount of happiness derived from one more unit of a good
- 8. revenue minus costs
- 10. value of all economic activity in a year
- 11. few firms with barrier to entry
- 12. many firms with identical products
- 14. type of unemployment that relates to unemployment between jobs or between education and job
- 17. moved by changes in resource number or chnage in technology