Across
- 3. when the government has more money then it collects in taxes.
- 9. business by goods called capital.
- 11. buyers and sellers freely and willingly engaging in market transactions.
- 12. how many dollars worth of goods and services were made in America over time.
- 13. the place where resources are bought and sold.
- 14. competing products that can be used in place of one another.
- 16. the study of how human being chooses to use there scarce resources to satisfy there unlimited wants.
- 17. people who decide which products are produced.
- 19. the struggle among sellers to attract consumers.
- 20. people of ages 16 and up who are employed or looking for a job.
Down
- 1. people who want more restrictions towards trade from other countries.
- 2. quantity supplies and quantity demanded are equal.
- 4. actions by congress to increase or decrease aggregate demand to fight inflation, recession, or stagflation.
- 5. people in other countries also buy US goods and services.
- 6. the extra fullness or additional satisfaction a person gets from acquiring or using one more unit of a product.
- 7. something intangible that satisfies our wants or needs.
- 8. a shrinking economy producing fewer goods and services then before.
- 10. Rapid, uncontrolled inflation at very high rates.
- 15. when prices are not going up to quickly.
- 18. where goods and services are bought and sold.