Across
- 1. Paid non-personal communication used to persuade consumers to buy products
- 6. When someone is over 15 without work or working for less than one hour per week
- 9. A period of very low rates of growth in production and relatively high rates of unemployment
- 11. Physical items of value that are traded in markets
- 12. Any place that allows buyers and sellers to interact and exchange goods and services
- 13. Acronym for the Non-Accelerating Inflation Rate of Unemployment
- 14. A good or service that is needed by consumers
- 15. Private or market income in addition to the direct cash benefits received from governments
- 19. Where consumers regularly purchase certain types or brands of goods or services using little or no cognitive effort
- 20. An entity that provides a good or service for sale with the objective of making a profit
- 21. The deprivation of food shelter money and clothing that occurs when people cannot satisfy their basic need
- 23. Mental and physical effort exerted by humans in the production process
- 25. The provision of labour resources to the business, government and not-for-profit sectors
- 27. Raw materials such as minerals and agricultural products
- 29. Disposable income less consumption expenditure
- 30. A process whereby jobs are relocated overseas
- 33. In relation to debt, the amount borrowed
- 35. The responsiveness of demand or supply to a change in a variable such as price
- 36. A good or service that is not a necessity and whose demand tends to increase as income increases to high levels
- 38. When borrowers fail to promptly pay interest on a loan or the principal on a loan when it falls due
- 39. An industry or market that is dominated by one seller of a product and the product does not have a close substitute
Down
- 1. The addictive pursuit of more and more goods and services
- 2. Goods and services purchased by Australias that are made overseas
- 3. All those people aged 15 and over who are willing and able to work
- 4. An enterprise controlled by another (called the parent company)
- 5. Money received from the sale of goods and services
- 7. Economic agents who are involved in the production process via the provision of goods or services
- 8. An area of study that looks at the composition of the population and where those people live
- 10. The basic facilities services and structures of society
- 14. A given value of any variable which has not been adjusted for any inflationary impact
- 16. A good or service that tends to be consumed with another good or service
- 17. Developing better processes for goods and services
- 18. See goods and services tax
- 22. A period of very high rates of growth in production that is likely to be unsustainable
- 24. The state of being in short supply
- 26. The buying and selling of goods and services via the internet
- 28. An industry where a few firms tend to dominate the industry in terms of market share and volumes sold and there is limited competition
- 31. Disposable income less consumption expenditure
- 32. A period of very low rates of growth in production or the lowest point in the business cycle
- 34. A place where scarce resources are allocated among competing uses and goods/services are bought and sold
- 37. A financial institution that interacts with money