Across
- 2. anything people would like to have, or desire
- 5. the study of the whole economy/group of economics
- 9. Statement that express a value judgement
- 11. the consumer's desire to purchase a particular good or service
- 13. the study of individual market
- 14. all factors of production and key inputs variable
- 15. statement based on actual evidence or observation.
Down
- 1. what low interest rates provide?
- 3. time period in which possible to change only some inputs
- 4. a small change in one variable
- 6. anything required for human survival
- 7. a structure that allows buyers and sellers to exchange goods
- 8. the rate at which prices for goods and services increase over a period of time
- 10. "other thinsg being equal" in latin
- 12. all factors of production or resources to change
- 13. The theories put forward by economists