Economics

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Across
  1. 6. Part of the lorenz diagram that shows the degree of income or wealth quality or inequality
  2. 8. A type of policy that includes taxes
  3. 11. When people are willing and able to work but do not have jobs
  4. 12. A point on the business cycle where GDP is going up slowly
  5. 14. A supply factor that affects GDP
  6. 16. CPI that excludes volatile items
  7. 19. A type of market structure that have a few firms in the industry
  8. 23. A point on the business cycle where the GDP of a country is negative
  9. 24. A number between 0-1 that measures the equality of the distributional income
  10. 25. Another word for limited
  11. 26. Payments received by businesses from selling goods and services
  12. 27. Also known as personal income tax
  13. 28. Unlimited wants and needs but not enough resources
  14. 30. When prices are generally falling over a period of time
  15. 31. Goods or services bought from sellers in another country
  16. 32. A supply factor that can affect the cost of production of the business
  17. 34. A point on the business cycle where the GDP is high
  18. 35. Refers to a rise in the level of prices for goods and services over a period of time
  19. 38. Every 20% of income distributed
Down
  1. 1. Another word for unlimited
  2. 2. When consumers and producers are satisfied with the price
  3. 3. A level of income which people cannot enjoy access to basic needs
  4. 4. A factor in the AD formula
  5. 5. One firm in the industry
  6. 7. A situation where prices rise very quickly and go out of control
  7. 9. A level of poverty that is experienced when there is a serious deprivation of basic needs
  8. 10. 80% of a business cost
  9. 13. Goods or services produced in one country but sold to buyers in another country
  10. 15. Gross domestic product
  11. 17. Every 10% of income distributed
  12. 18. A demand factor that can increase GDP
  13. 19. A type of policy that includes interest rates
  14. 20. Events such as cyclones, droughts and floods
  15. 21. A type of market structure that have several firms in the industry and has strong market power
  16. 22. A point on the business cycle where GDP is falling slowly
  17. 27. A measure of resource efficiency
  18. 29. All buildings, equipment and human skills used to produce goods and services
  19. 33. A demand factor in which one product can replace another product
  20. 36. Natural resources that are used to produce goods and services
  21. 37. A type of measure for inflation