Across
- 3. income remaining after deduction of taxes
- 5. transfer of goods and services from one person or entity to another
- 7. More than what is needed (more supplies than demand)
- 8. Jobs replaced by machinery
- 12. efficiency of production of goods or services
- 14. and services
- 15. The people who work in for a business
- 16. Loss of other alternatives for the best option
- 18. Being unemployed longer than a year
- 22. A person who purchases goods and services for certain uses
- 23. As profits go up, your payback will increase
- 24. studies of production, distribution, and consumption of goods and services.
- 25. an organization that provides something needed such as a product
- 27. An amount the lender charges a borrower and is a percentage of the principle = the amount loaned
- 29. the amount paid or charged for something
- 30. Having a job over the age of 15
- 32. an item used that is generally accepted as payment for
- 33. converting one currency to another
- 35. any resource owned or controlled by a business or an economic entity
- 37. People bouncing between jobs
- 39. Increase in Income received after interest rate goes down
- 40. replacing a product for a similar product e.g sprit instead of fanta
- 41. Term used to designate the situation of those who are able to find employment only for shorter than normal periods
Down
- 1. temporary economic decline
- 2. amount paid to employees wages
- 4. lack Of AD
- 6. Limited resources irrespective to our unlimited wants
- 9. Few competitors selling product who are generally price makers
- 10. Unique seller of the one product, the price maker
- 11. paying others to handle products
- 13. Receiving goods from overseas
- 15. fairness in economics
- 17. When people are optimistic and pessimistic about their future spending
- 19. monetary measure of the market value of all the final goods and services
- 20. Not Having a Job
- 21. Amount of money that a government requires people to pay according to their income
- 26. Amount of people in a certain place
- 28. Changes in climate that affect supplies
- 31. quantity of a good that consumers are willing to purchase at various prices during a given period of time and place.
- 34. Sending Goods overseas to buyers
- 36. Importation of materials to be used for the product
- 38. anything that has utility and adds value to your life