Across
- 2. one seller controls the total supply of a product or service and sets the price
- 4. united states
- 8. a severe recession
- 10. Sweden
- 11. the study of how society chooses to employ resources to produce goods and services
Down
- 1. prices are declining
- 3. monthly statistics that measure the pace of inflation or deflation
- 5. a large number of sellers produce very similar products that buyers perceive as different
- 6. two or more consecutive quarters of decline in the GDP
- 7. mixed economy
- 9. total government control over markets