economy terms chapter 2

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Across
  1. 1. receives more in taxes than it is spending.
  2. 4. depict the nature of money in the economy
  3. 6. payment made on borrowed money
  4. 7. exceeds the amount received in taxes
  5. 8. payment for using someone else's land
  6. 10. goods used to produce other goods
  7. 11. business firms excluded by the government
  8. 13. natural resources used in the production of goods
  9. 14. collection of a nation’s financial institutions
  10. 15. household withdraws money
  11. 16. necessary resources all people need
  12. 17. develop new and useful goods and services
Down
  1. 2. payments of money or good to persons
  2. 3. the difference between what was spent and what was made
  3. 5. human effort that produces goods or services
  4. 9. payment for labor
  5. 11. total amount of goods and services in households
  6. 12. explains relationship between variables
  7. 13. can predict future trends and values at any given time.