Economics

Edit Answers
12345678910111213141516171819202122232425262728293031323334353637383940414243444546474849505152535455565758
Across
  1. 4. what is the total number of groups the Consumer Price index regime consist of?
  2. 7. what is the term that refers to the value of a good or service?
  3. 8. spending/ Purchase of consumer goods and services
  4. 10. a tax on an imported good
  5. 13. what is the main source of government revenue?
  6. 14. cost/ What is the term that refers to the next best alternative that must be given up when a choice is made?
  7. 15. what is the term that refers to the people and firms that use resources to make goods and services?
  8. 18. a financial gain
  9. 19. Resources/Oceans, air and minerals are all types of______.
  10. 20. Tax/ Taxes paid by households and businesses on lands and buildings
  11. 22. Competition/What is the term that involves a a lot of competition between firms, each producing a similar product?
  12. 24. policy/ What is the policy that controls interest rates?
  13. 25. goods/ What is the term that is used when goods can be used together?
  14. 26. what is the term that refers to the goods that are required to assist the production of other goods and services/Capital
  15. 27. who is the person who organizes, manages a business?
  16. 30. when a country has a negative GDP the country is likely to be experiencing a_____.
  17. 34. what is the term that is used to describe the price in which determines how much consumers are willing to buy?
  18. 36. production that relies essentially on the growth and nurturing of plants
  19. 37. Growth/ What is the term that refers to the increase in the total output of a nation?
  20. 39. what is the condition that refers to unlimited wants and limited resources?
  21. 40. rate/ What is the term used when the rate of one country's currency is exchanged for the currency of another country?
  22. 41. what is the term that refers to the value of all finally goods and services produced in a year?
  23. 42. what is the term that is used when the government assists companies by giving them money?
  24. 44. goods/What is the term that refers to the replacement of a good?
  25. 45. what is the term that refers to the decrease in prices of goods and services over a period of time?
  26. 48. what is the term that refers to the objects that satisfy people's wants?
  27. 49. the purchase of security, such as a stock or bond for profit
  28. 50. private profit-seeking organizations that use resources to produce goods and services
  29. 51. Demand/ Total demand for a country’s output
  30. 53. what type of elasticity is cigarettes?
  31. 54. what is the term that involves very small numbers of sellers and high market power?
  32. 55. what is the term that is used when money is transferred into a financial account?
  33. 56. what is the term that refers to the type of loan that is used to purchase a house?
  34. 57. when quantity supplied exceeds the quantity demanded
  35. 58. what is the term that refers to the activities that satisfy people's wants?
Down
  1. 1. policy/What is he term used when the government decides to change the tax rates?
  2. 2. of living/Degree of wealth and material comfort available to a person or community
  3. 3. what is the term that is used to describe the price in which determines how much producers are willing to provide?
  4. 5. what is the term used when a country buys production of goods or services from another country?
  5. 6. what is the term that refers to the increase in prices of goods and services over a period of time?
  6. 9. use of someone elses funds in exchange for a promise to pay back with interest
  7. 11. what is the term that refers to the quantity and quality of human effort available to produce goods and services?
  8. 12. what is the term that refers to the rapid increase in prices of goods and services over a period of time. 43 words/
  9. 16. cost/ total cost divided by output
  10. 17. anything that is generally accepted as a medium of exchange in which to buy goods and services.
  11. 20. possibility curve/ what does PPC stand for?
  12. 21. people who use resources to make goods and services
  13. 23. the state of having paid work
  14. 28. GDP/ What type of GDP measures the actual change in volume of goods and services produce?
  15. 29. what is the situation where people are willing to work but do not have jobs?
  16. 31. rates/ Australia's ____ is currently sitting at 2.25%
  17. 32. goods or services brought from sellers in another nation
  18. 33. inflation/ What is the situation when there is excess demand and widespread shortages?
  19. 35. income/What is the term that refers to the amount of money available after income taxes?
  20. 38. price/ What is the term used when both producers and consumers are satisfied with the market price?
  21. 41. income/ What is the term that refers to the total income received from all sources?
  22. 43. goods or services produced in one nation but sold to other nations
  23. 46. what is the term that involves large number of buyers and small number of sellers?
  24. 47. curve/ What is the graphical representation used to measure the distribution of income?
  25. 52. coefficient/ What is the term that refers to the measure of degree of equality in the distribution of income?