Across
- 4. set dollar amount you agree to pay each time you receive medical treatment.
- 6. effectiveness of productive effort.
- 8. formal request from the customer to an insurance company asking for a payment based on the terms of the insurance policy.
- 10. action of making or manufacturing from components or raw materials, or the process of being so manufactured.
- 11. amount of money you agree to pay towards your losses before your insurance coverage will begin paying.
- 14. employee of an insurance company who evaluates an individual's risk factors and assigns premium amounts.
- 16. total value of goods produced and services provided in a country during one year.
- 18. agreement where you make regular payments to a company and the company promises to pay you money if you suffer.
- 19. employee of an insurance company who calculates risk based on loss percentages and determines insurance rates and premiums.
- 20. or factors of production (land, labour, capital and entrepreneurship) used to produce goods and services.
- 21. value of sales made by firms.
Down
- 1. consumer good.
- 2. quantity of goods and services produced in a given period of time.
- 3. (manufactured) goods that are used in producing other goods and services, rather than being bought by consumers.
- 5. resources or inputs used to produce goods and services: land, labour, capital and enterprise.
- 7. estimate of what premium you would pay for a certain insurance coverage plan.
- 9. specified amount of payment required periodically by an insurer to provide coverage under a plan for a defined period of time.
- 12. purchase of capital goods by firms. Macro - An increase in the capital stock, or gross fixed capital formation.
- 13. cost/A negative externality, or a cost that a transaction or activity imposes on a party that is not part of the transaction or activity.
- 15. sustained increase in the general price level (average level of prices).
- 17. tangible or intangible that can be owned or controlled to produce value.