Economics Vocabulary

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Across
  1. 3. The distribution of profits by a corporation to its shareholders
  2. 5. An agreement between competitive businesses to distort the market's equilibrium
  3. 8. Interdependence of world economies to form an international market
  4. 11. The fundamental economic problem
  5. 12. Accepted by general consent as medium of economic exchange
Down
  1. 1. A market structure in which a single seller controls the market
  2. 2. The ease of which an asset can be converted to cash
  3. 4. The rate of increase in prices over a given period of time
  4. 6. A combination of price inflation and stagnant economic growth
  5. 7. Markets dominated by a smaller number of companies
  6. 9. A cost of benefit caused by a producer that is experienced by an unrelated third party
  7. 10. The measure of sensitivity to the demand of a good when its price changes