Across
- 4. Any area above the equilibrium point
- 5. Branch of government that controls the Fiscal policy
- 8. Market where households purchase the goods and services
- 9. The resources used to make all goods and services are the factors of
- 10. Type of economy where government makes all of the decisions
- 11. General increase in price over time
Down
- 1. Any point below the equilibrium point
- 2. Type of economy that is guided by customs and traditions
- 3. As the price of a good/ service increases, more of the good is likely to be produced is called the law of _________
- 6. point at which business is theoretically able to maximize profits
- 7. perpetual condition of having limited quantities of resources to meet unlimited wants