Worldlywise Prelims

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Across
  1. 2. I am so limited that whenever economists have to drive a thesis or theory they have to use the magic word “ceteris paribus.” If I am always abundant in the world then no economic crisis would ever take place.
  2. 3. After 47 harmonious years, this day was witnessed, leaving just 27 members, the only sovereign country left. What term am I?
  3. 5. I am the one for which you desire the most, when you have me your desire for me keeps on Decreasing. I can be very good at the beginning like one's monthly salary but in the end, I am unsatisfying.
  4. 8. I am an Indian economist and former governor of the RBI. While being a firm supporter of capitalism, I discourage the unnecessary government intervention and unregulated financial markets. Who am I?
  5. 10. I am your government's beloved right for they use me to forfeit the roof above your head when you rest in peace but leave no heir or niece. I am?
  6. 12. I am the stormy economic bad news for I come along with high unemployment, slow economic growth, and high inflation.
Down
  1. 1. If you like coffee, I am tea, if you like coke I’m pepsi, you can switch me any time whenever you need more satisfaction. you can use me in place of another for your desire!
  2. 4. I am a US economist, a statistician and a Nobel laureate too! I believe that a steady, small expansion of the money supply is preferable to rapid unexpected changes. Who am I?
  3. 6. I own my market, so i can set my own prices. I don't have any rivalry, i can produce at the quantity and price combination that maximizes my profits.The government and economists do not favour me.
  4. 7. Some people are so scared of me, that they don’t even spend a penny without discussing me. Sometimes I am as good as a smile and other times I can be as bad as one fears.
  5. 9. I am considered as both the ideal and the default state in Economics. I achieve equilibrium when producer supply meets consumer demand. Every firm in market is analogous and sells the same homogeneous products. Every firm must sell at whatever price the market determines. In the long run no company makes an economic profit.
  6. 11. My name is in greek and I believe in group behavior however, I incur huge selling costs. The game is such that every firm keeps a close watch on the activities of the rival firms. Consider me an introvert for I put a barrier to entry on new firms. Who am I?