Households and Businesses: An Overview

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Across
  1. 2. Money from the government for which no direct work is performed in return.
  2. 3. A person living alone or a group of related or unrelated persons who occupy a house, an apartment, or other housing unit.
  3. 6. A corporation acquires another corporation that supplies its inputs or distributes its products.
  4. 9. A one-owner business.
  5. 11. Pays a dividend dependent on the profit of a firm after all other financial obligations have been met.
  6. 14. Obtaining the greatest possible satisfaction, or return, from an economic decision.
  7. 17. A corporation acquires another corporation that competes in the same market.
  8. 18. A business owner's personal assets are subject to use as payment for business debts.
  9. 21. Money or income that a company receives from selling its product.
  10. 22. Pays a dividend dependent on the profit of a firm after all other financial obligations have been met.
  11. 25. Businesses that combine the liability protection of corporations with the management flexibility of proprietorships and partnerships.
  12. 26. Household gross, or pretax, income; used to pay taxes, spend, and save.
  13. 27. A legal entity, owned by stockholders; can carry on in its own name business functions normally performed by individuals.
Down
  1. 1. Pays a stated dividend to its holder; preferred stockholders are entitled to receive dividends before common stockholders.
  2. 4. A corporation formed for the purpose of owning or holding stock in other corporations.
  3. 5. Governing body of a corporation; elected by stockholders.
  4. 7. an owner in a partnership who is subject to unlimited liability.
  5. 8. Satisfaction realized from consuming a good or service.
  6. 10. A financial instrument through which a corporation can borrow funds and repay them over the long term.
  7. 12. The acquiring of one company by another; can be accomplished by buying a controlling amount of stock.
  8. 13. A coporation acquires another corporation that produces unrelated goods and services.
  9. 15. A good that has a short useful lifetime.
  10. 16. The legal organization of a business that is similar to a proprietorship but has two or more owners.
  11. 19. A good that has a useful lifetime of more than one year.
  12. 20. What results when a business subtracts its costs from its revenue.
  13. 23. Total satisfaction from consuming a particular combination of goods and services.
  14. 24. An organization established to produce and/or sell goods and services.