Economics crossword

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Across
  1. 3. When are party insulated from risk behaves differently than it would if it were fully exposed to the risk.
  2. 7. Someone who receives benefits that others have paid for without paying themselves
  3. 10. next best alternative forgone
  4. 11. a diagram that show the productive capacity of the economy
Down
  1. 1. An increase in the productive capacity of the economy
  2. 2. quantity buyers are willing and able to buy
  3. 4. A measure of GDP that takes into account the effects of inflation
  4. 5. quantity producers are willing and able to supply
  5. 6. A grant which lowers the price of a good usually designed to encourage production
  6. 8. gaining expertise in a specific task to become more efficient, increasing output and surplus
  7. 9. When two or more goods are produced together eg beef and leather