Across
- 7. Price Index (CPI): Measures consumer price changes over time.
- 8. Deficit: Importing more than exporting, leading to debt.
- 9. Rate: Cost of borrowing or return on investment.
- 11. and Demand: The interaction of what's available and what people want, determining prices.
- 13. One company controls a product or service.
- 14. Measures responsiveness to price or other factors.
- 15. Inequality: Uneven distribution of income and wealth.
Down
- 1. Unintended side effects of economic activities.
- 2. Cost: Value of the next best option given up.
- 3. Domestic Product (GDP): Total value of a country's goods and services.
- 4. Policy: Government spending and taxes to manage the economy.
- 5. Policy: Central bank manages money supply and interest rates.
- 6. Equilibrium: Stable price and quantity when supply equals demand.
- 10. Rising overall prices that decrease purchasing power.
- 12. Economy: Prices set by buyers and sellers, limited government involvement.