Economics Crossword

2. The increase in prices over time
3. The total value of goods and services produced in a country
7. Market with only a few large sellers
8. A game outcome where no player can benefit by changing strategy alone
11. The total demand for goods and services in an economy
13. A situation where an individual’s actions impose costs on others without compensation
16. Extra money paid for borrowing
18. The benefit received by consumers when they pay less than they are willing to
19. Money kept for future use
20. A market dominated by a single seller

1. A curve showing combinations of two goods that give equal satisfaction
4. A curve showing the relationship between inflation and unemployment
5. A curve showing all combinations of labor and capital that produce the same output
6. A government charge on imports
9. A place where people buy and sell
10. A person who buys goods or services
12. The responsiveness of quantity demanded to a price change
14. A situation where individuals take more risks because they are insured
15. A period of declining economic activity
17. The amount of goods producers are willing to sell at a given price