Across
- 1. how much someone produces
- 2. too much
- 6. a state of limited competition
- 8. trough
- 9. GDP per person
- 10. imports exceed exports
- 11. money set aside for emergencies
- 13. GDP Inflation Unemployment
- 15. formal authorization
- 17. hands of type of government
- 18. IRA money set aside after texes
- 19. everything is backed by gold
- 23. peak
- 24. defended classical liberalism
- 27. recession
- 28. beneficial
- 29. short in supply
- 30. central bank of the united states
- 33. private business operates free of state control
- 35. cannot raise the prices
- 36. someone can do something more efficiently
- 38. the fact of having a right to something
- 39. north american free trade agreement
- 41. consumer price index
- 42. gov. adjusts its spending and taxes to influence economy
- 46. exclusive possession of the supply in a commodity
- 47. believed government should do everything
Down
- 1. sheilding a countrys domestic industries
- 3. sum of money granted by the government
- 4. not enough
- 5. gross domestic product
- 7. theory from Karl Marx
- 12. FOMC uses interest rate to influence the economy
- 14. money gains value
- 15. everyone is employed
- 16. exports exceed imports
- 20. a thing that evokes a reaction
- 21. someone can do something more efficiently
- 22. believed in free market capitalism
- 25. trade and industry are owned by private owners
- 26. cannot lower prices
- 31. decision making tool to maximize profits
- 32. trade without barriers
- 34. world trade organization
- 36. believed in the division of labor
- 37. everything owned by the community
- 40. the state lowest pay
- 43. expansion
- 44. increase in prices and fall in purchasing
- 45. how much an entity is worth