Economics Vocabulary

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Across
  1. 5. an asset given as security to ensure payment of a loan and is given up if the loan is not paid
  2. 8. a measure of the efficiency of the production of goods and services
  3. 9. a payment, cost, or the amount of money spent
  4. 10. a payment made for the use of borrowing money
Down
  1. 1. condition in which those seeking jobs are unable to find jobs
  2. 2. a general increase in the price of goods and services
  3. 3. providing money or capital to an enterprise with the expectation of making a financial gain
  4. 4. an itemized plan of income and expenses for a given period of time
  5. 6. the exchange of goods and services for goods and services a physical item, such as bills and coins, use as a medium of exchange
  6. 7. money raised by the government or money received by a firm doing business