Across
- 1. Production possibility frontier
- 4. irrational decisions based on the information one has
- 5. the value of the next best alternative forgone
- 8. A medium of exchange
- 9. the allocation of scarce resources
- 11. mental short cuts
Down
- 2. output per worker per hour worked
- 3. a country is fully employing all of its resources
- 6. Standard of deferred payments
- 7. Weighing up the costs and benefits of any activity
- 10. satisfaction