Across
- 2. a nation's overall economic performance and behaviour, including factors like unemployment, GDP, inflation, and growth
- 5. an economic system driven by supply and demand, with limited government intervention
- 8. a nation's economic performance during a specific period
- 10. the potential benefits foregone when choosing one option over another
- 13. gradual decline in the purchasing power of a currency over time
- 14. the extent to which assets could quickly be converted to cash
Down
- 1. what law economics are founded on
- 3. government decisions on spending and taxation policies
- 4. a stock market with pessimistic prospects
- 6. how much an economic variable changes in response to another
- 7. how much is available of a particular good or service
- 9. investigates the financial decision-making processes of individuals, households, and businesses, particularly in markets for goods and services
- 11. a positive outlook on a market's performance
- 12. basic materials or products bought in large quantities for producing other goods and services