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Rated: E · Crossword Puzzle · Educational · #1640410
Economic terms.
Crossword for my economics class for a chapter of terms.
Across:
 1 A type of competition that is a market structure with many competitors selling differentiated products.
 5 The quantity of products that consumers are willing to buy at different market prices.
 7 The total value of all final goods and services produced within a nation's physical boundaries over a given period of time.
 8 A type of competition that is a market structure with many competitors selling virtually identical products.
 10 A market structure with one producer completely dominating the industry, leaving no room for any significant competitors. Barriers to entry to entry tend to be virtually insurmountable.
 12 The study of a country's overall economic issues, such as the employment rate, the gross domestic product, and taxation policies.
 14 A system that is a structure for allocating limited resources.
 15 The rate that is the rate of interest that the Federal Reserve charges when it loans funds to banks.
 16 An economic system based on the principle that the government should own and operate key enterprises that directly affect public welfare.
 18 The price that is associated with the point at which the quantity demanded of a product equals the quantity supplied.
 19 The process of converting government-owned businesses to private ownership.
Down:
 1 The type of supply that was the total amount of money within the overall economy.
 2 A market structure with only a handful of competitors selling products that are either similar or different. Barriers to entry are typically high.
 3 The quantity of products that producers are willing to offer for sale at different market prices.
 4 A period of rising average prices across the economy.
 6 A financial and social system of how resources flow through society, from production, to distribution, to consumption.
 9 The study of the choices that people, companies, and governments make in allocating society's resources.
 11 A price index that measures inflation that evaluates the change over time in the weighted-average wholesale prices.
 12 The study of smaller economic units such as individual consumers, families, and individual businesses.
 13 An economic system - also known as the private enterprise or free market system - based on private ownership, economic freedom, and fair competition.
 17 An economic and political system that calls for public ownership of virtually all enterprises, under the direction of a strong central government.
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