Across
- 3. also known as the public sector. The part of the economy that is controlled and funded by the government
- 5. the voluntary exchanges of good/services for mutual benefit
- 6. a direct or indirect payment provided to the receiving individual or business entity granted by the government
- 7. the business of protecting money for others and lending it to generate interest that creates profits for the bank and its customers
- 8. the use of government spending and taxation to influence the economy
- 10. a branch of economics that analyzes the market behavior of individuals and businesses to understand their decision-making processes
- 11. the study of the financial and economic systems of a country or an industry
- 12. the increasing integration of economics and markets worldwide
- 17. a set of tools used by a nation’s central bank to control the overall money supply and promote economic growth
- 18. a financial shortfall or negative balance, when outflows exceed inflows
- 20. the regulation of the concentration of economic power–also known as the “competition law”
- 21. a mandatory payment/charge collected by the government placed upon individuals/businesses
- 22. everything compromising the net worth of an individual. An individual’s total property
- 23. a single seller or producer controlling a market for a product
- 24. the value of which one nation’s currency can be exchanged for another
- 25. the money or value an individual/business entity receives in exchange for labor or for providing a good/service
Down
- 1. a category of intangible assets created by the mind
- 2. the compensation a business must pay to its employees for a set period or on a given date
- 4. an increase in a capital’s asset value over its original purchase price
- 9. the power of the government to take privately property and put it to public use
- 13. the mutual dependence of the participants in an economic system who trade in order to obtain the products they cannot produce
- 14. a government-imposed restriction that blocks trade and commerce with specific countries
- 15. Imposition of rules and standards issued by the government, intended to regulate and modify the economic behavior of individuals and firms in the private sector
- 16. a government-imposed quantitative limit on imports of a good/service into a country
- 19. someone who organizes, manages, and assumes the risk of a business or enterprise