Unit 1 Economics

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Across
  1. 3. Not adjusted for inflation
  2. 4. The value of all goods and services produced in a country
  3. 8. Price determined by where the demand and supply curves cross
  4. 10. An artificially lowered price will cause a ...
  5. 12. Group of workers that uses collective bargaining power
  6. 13. Revenue minus costs
  7. 14. Opposite of a tax
  8. 16. A measure of the rate of inflation
Down
  1. 1. Principles in economics that are often more subjective than objective
  2. 2. Human factor of production
  3. 5. A good that cannot be supplied by the market
  4. 6. Author of 'Wealth of Nations'
  5. 7. A product that can be used in place of another
  6. 9. A decrease in demand will shift the demand curve to the...
  7. 11. Economist who formed the theory of comparative advantage
  8. 15. Resources that are not free are...