Across
- 4. consumers will buy more of a product at lower prices and less at higher prices
- 8. an increase in prices in general
- 9. The sale of manufacture or sale of selected items
- 11. A tax placed on imports to increase there price in the domestic market
- 12. Something required for survival
- 15. Actions by Congress to increase or decrease aggregate demand to fight inflation, recession, or stagflation.
- 16. An inflation rate of 4% a year or less
- 17. a change in price causes only a little change in quantity demanded
- 18. The annual plan outlining proposed revenues and expenses for the upcoming year
- 20. amount of a product offered for sale at all available prices.
- 21. The fed has the power to increase or decrease the “money supply”
- 22. the goods or merchandise kept on the premises of a business or warehouse and available for sale or distribution
- 24. Shrink in the economy
- 25. traits and qualities that build to create someone
Down
- 1. off An alternative available whenever a choice is made
- 2. a ratio for valuing a company that measures its current share price relative to its per-share earnings
- 3. something pledged as security for repayment of a loan, to be forfeited in the event of a default.
- 5. Something you would like to have but inst required for survival
- 6. a diagram representing the maximum amount of goods and/or services an economy can produce when all productive resources are fully employed.
- 7. GDP increasing we’re making more goods and services, not less
- 10. a change in price causes a big change in quantity demanded
- 13. desire, ability, and willingness to buy a product
- 14. The value of the next best alternative
- 19. is how many dollars worth of goods and services are made in a country over time
- 23. the protection or promotion of the interests of consumers.