Across
- 4. Asset pledged by a borrower to give in case they are unable to pay back a loan; if a loan is not paid, the lender can simply sell this to make up for it
- 8. Plural; Effects caused by but not affecting the market itself, corrected outside of the market
- 9. Two words (no space), Property resulting from intellectual efforts such as designs, inventions and patents; well known to gamers as simply an IP
- 13. Two words (no space), increase in an economy's production of goods and services (measured via GNP or GDP)
- 14. Three words (no space), interest-earning savings account with limited transaction privileges
- 15. Kind of unemployment resulting from changes in the economy that make certain workers temporarily unnecessary
Down
- 1. Kind of unemployment resulting from normal economics such as people between jobs or seasonally employed
- 2. Two words (hyphenated), French meaning roughly "to let do". Capitalism with little government interference.
- 3. Two words (no space), tax that goes up as the income of the taxed goes down
- 5. Two words (no space), amount of money available to a person after necessities (needs) are purchased.
- 6. Two words (no space), people above 16 able to work that are seeking or in a full time job
- 7. Two words (no space), advantage one firm has over others allowing them to create a certain product better, faster or cheaper
- 10. Kind of unimployment resulting from the contraction phase of a business cycle
- 11. Two words (no space), tax that goes up as the income of the taxed goes up
- 12. Two words (no space), percentage of workforce that is unemployed in a population