World Economics Crossword

3. The action of buying and selling goods and services.
5. The process of designing, launching, and running a new business.
8. Legal minimum on the price at which a good can be sold.
9. Government policy that uses changes in the money supply to influence the economy.
10. Costs or benefits that affect third parties.
13. Goods used to produce other goods and services.
16. Measure of how much buyers and sellers respond to changes in market conditions.
21. Where buyers and sellers come together.
23. General increase in prices and fall in the purchasing value of money.
24. Expenditure on goods that will be used to produce other goods in the future.
25. Human effort used in production.
26. The additional cost of producing one more unit of a good.
28. The point at which quantity supplied equals quantity demanded.
29. The process of creating goods and services.

1. Tax imposed on imported goods and services.
2. Satisfaction or benefit derived from consuming a product.
4. Ability of a country to produce a good at a lower opportunity cost than another country.
6. Portion of income not spent on consumption.
7. Exclusive control over a commodity or service in a particular market.
8. Legal maximum on the price at which a good can be sold.
11. Financial assistance given by the government to support a business or market.
12. The total value of goods produced and services provided in a country during one year.
14. Government policy that uses spending and tax policies to influence the economy.
15. The loss of potential gain from other alternatives when one alternative is chosen.
17. The presence of multiple firms competing in the same market.
18. Limited availability of resources relative to wants and needs.
19. General decline in prices, often associated with reduced consumer spending.
20. The use of goods and services by households.
22. The quantity of a good or service that consumers are willing to buy.
27. The amount of a product or service available to consumers.