Economics - Unit 1

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Across
  1. 6. Karl Marx's term for the lower-class working poor
  2. 7. the money which a government collects in taxes and other payments is known as...
  3. 8. term used to describe assets that can quickly be converted into cash
  4. 9. the name given to metals, oils, or agricultural products which are traded
  5. 10. when banking and finance are supervised less by the government or authorities
  6. 12. money paid on savings and investment
  7. 13. an economic decline for more than 2 quarters in which production and demand decreases
  8. 15. a company may issue these to raise capital
  9. 17. taxes paid to the government for certain goods are known as....
Down
  1. 1. a special form of loan or credit to buy a house or other property
  2. 2. the desire to own something
  3. 3. long term bonds which are traded and have a low level of risk
  4. 4. a package of financial products or items which are traded together
  5. 5. Adam Smith's most famous book
  6. 11. concept in economics where a consumer makes choices to gain the most economic satisfaction
  7. 14. a person who buys goods and services
  8. 16. ....and demand are two basic principles in economics
  9. 18. a list showing share, commodity, or currency prices