Across
- 4. Market dominated by a few large firms
- 6. Non-excludable and non-rivalrous good
- 10. A good consumed with another
- 13. A good that can replace another
- 14. Organisation representing workers’ interests
- 17. Transfer of state assets to private ownership
- 18. People willing and able to work without jobs
- 20. Increasing interconnectedness of economies
Down
- 1. Concentrating on one task to improve efficiency
- 2. Single seller in the market
- 3. Total spending in an economy
- 5. Output per unit of input
- 7. Central bank control of interest rates and money supply
- 8. Next best alternative forgone
- 9. Responsiveness of demand to a change in price
- 11. Spillover effect on third parties
- 12. Point where demand equals supply
- 15. Limited resources versus unlimited wants
- 16. Sustained rise in the general price level
- 19. Government spending and taxation decisions