Across
- 4. The maximum point in the economic cycle
- 6. Goods and services with high elasticity of demand
- 7. one of the four factors of production with the reward being profit
- 9. one of the four factors of production with the reward being interest
- 10. A fungible asset which holds some form of monetary value
- 11. The minimum point in the economic cycle
- 12. When we are all dead according to Keynes
- 13. When a firm has complete control over a market
- 14. one of the four factors of production with the reward being rent
- 16. represents the ownership of an asset or company
Down
- 1. A branch of economics which examines financial decision making process of individuals, households and businesses
- 2. one of the four factors of production with the reward being wages
- 3. Increase in prices
- 5. The price of money
- 6. how easily an asset can be spent
- 8. A branch of economics which examines the behaviour and performance of the economy as a whole
- 10. The total amount of given good a firm has
- 15. Desire to purchase goods and services