Economics-Chapter One

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Across
  1. 4. An analysis limited to statements that are verifiable
  2. 6. If event "a" occurs, then event "b" follows
  3. 8. Factor of Production
  4. 9. A person who purchases goods or services for personal use
  5. 11. All other things remain unchanged
  6. 15. There is an economic relationship between the two subjects
  7. 16. Predicts the results of various changes and invariables
  8. 17. Basic inputs that nature cannot automatically replace
  9. 19. No correlation occurs spontaneously
  10. 21. An analysis based on value judgement
  11. 24. Person or Business enterprise that generates goods
  12. 25. A paper claim on economic capital
  13. 27. Goods that increase the amount of wants satisfied
  14. 29. Education of the labor factor
  15. 30. Creative ability to seek profits by taking risks
Down
  1. 1. Study of individual aspects of social science
  2. 2. Free enterprise, individually owned, more risks
  3. 3. Basic inputs that nature can automatically replace
  4. 5. Products purchased by the public
  5. 7. Study of social science as a whole
  6. 10. What a person could have bought with resources spent on a particular object
  7. 12. Limited resources
  8. 13. Factors for humans to consider
  9. 14. A curve that shows the maximum combinations of two products that an economy can produce with its resources
  10. 18. Unlimited desires of society
  11. 20. Physical machinery to produce other goods
  12. 22. Simplified Description of reality used to predict the relationship between variables
  13. 23. Financial Capital used to trade goods
  14. 26. Natural resources used to satisfy
  15. 28. Study of how society uses recources to satisfy unlimited wants