Economics

Edit Answers
123456789101112131415161718192021222324252627282930313233343536373839
Across
  1. 3. Every 10% of income distributed
  2. 5. A type of market structure that have several firms in the industry and has strong market power
  3. 6. A point on the business cycle where GDP is going up slowly
  4. 7. Unlimited wants and needs but not enough resources
  5. 10. CPI that excludes volatile items
  6. 13. A type of measure for inflation
  7. 15. Events such as cyclones, droughts and floods
  8. 17. Also known as personal income tax
  9. 19. A point on the business cycle where the GDP is high
  10. 21. Goods or services bought from sellers in another country
  11. 22. Natural resources that are used to produce goods and services
  12. 24. A supply factor that affects GDP
  13. 26. One firm in the industry
  14. 28. When prices are generally falling over a period of time
  15. 29. A type of market structure that have a few firms in the industry
  16. 31. All buildings, equipment and human skills used to produce goods and services
  17. 33. Goods or services produced in one country but sold to buyers in another country
  18. 34. A supply factor that can affect the cost of production of the business
  19. 35. Another word for limited
  20. 36. A level of income which people cannot enjoy access to basic needs
  21. 37. A demand factor in which one product can replace another product
  22. 39. Payments received by businesses from selling goods and services
Down
  1. 1. A type of policy that includes taxes
  2. 2. A situation where prices rise very quickly and go out of control
  3. 4. Another word for unlimited
  4. 8. A factor in the AD formula
  5. 9. A point on the business cycle where GDP is falling slowly
  6. 11. A point on the business cycle where the GDP of a country is negative
  7. 12. Part of the lorenz diagram that shows the degree of income or wealth quality or inequality
  8. 14. 80% of a business cost
  9. 16. When consumers and producers are satisfied with the price
  10. 18. A demand factor that can increase GDP
  11. 20. A level of poverty that is experienced when there is a serious deprivation of basic needs
  12. 23. When people are willing and able to work but do not have jobs
  13. 25. Gross domestic product
  14. 27. A number between 0-1 that measures the equality of the distributional income
  15. 29. A type of policy that includes interest rates
  16. 30. A measure of resource efficiency
  17. 32. Every 20% of income distributed
  18. 38. Refers to a rise in the level of prices for goods and services over a period of time