Economics Crossword by: Khloe

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Across
  1. 2. the state of being scarce or in short supply; shortage
  2. 6. the total value of goods produced and services provided by a country during one year, equal to the gross domestic product plus the net income from foreign investments
  3. 8. the accounting sense of the excess of revenue over cost is the sum of two components: normal profit and economic profit
  4. 9. the activity of setting up a business or businesses, taking on financial risks in the hope of profit
  5. 11. the measurement of "useful-ness" that a consumer obtains from any good
  6. 14. an economic system where decisions regarding investment, production, and distribution are based on the interplay of supply and demand, which determines the prices of goods and services
  7. 16. a person, company, or country that makes, grows, or supplies goods or commodities for sale
  8. 17. a transaction in which no physical goods are transferred from the seller to the buyer
  9. 18. assets, funds, wealth, money, capital
  10. 19. an area of the production, distribution, or trade, and consumption of goods and services by different agents
Down
  1. 1. the degree of wealth and material comfort available to a person or community
  2. 2. stock of a resource from which a person or place can be provided with the necessary amount of that resource
  3. 3. an economy in which production, investment, prices, and incomes are determined centrally by a government
  4. 4. a state where economic forces such as supply and demand are balanced and in the absence of external influences the values of economic variables will not change
  5. 5. merchandise or possessions
  6. 7. wealth in the form of money or other assets owned by a person or organization or available or contributed for a particular purpose such as starting a company or investing
  7. 10. a person who purchases goods and services for personal use
  8. 12. quantity of a commodity or a service that people are willing or able to buy at a certain price
  9. 13. the total value of goods produced and services provided in a country during one year
  10. 15. an economic system combining private and public enterprise