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"Chapter 3 - Economic Environment of Business: Economic Wants": HTML5 Crossword |
Across4. The number of similar products that will be offered for sale at a particular time and at a particular price. (6)
8. A measure of the average change in prices of consumer goods and services typically purchased by people living in urban areas. (8,5,5)
13. Items of value that individuals can own, use, and sell. (7,8)
14. A rapid rise in prices caused by an inadequate supply of goods and services. (9)
15. Buildings, tools, machines, and other equipment that are used to produce other goods but do not directly satisfy human wants. (7,5)
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Down1. The production of capital goods. (7,9)
2. Desires for non-material things that are not scarce. (11,5)
3. A pattern of irregular but repeated expansion and contraction of the gross domestic product (GDP). (8,5)
5. Land, labor, capital goods, and management: the four basic resources that are combined to create useful goods and services. (7,2,10)
6. Anyone who aids in creating a utility. (8)
7. An economic system in which the method for determining what, how, and for whom goods and services are produced is decided by a central planning authority. (7,7)
9. An economic system that uses aspects of a market and a command economy to make decisions about what, how, and for whom goods and services are produced. (5,7)
10. A long and severe drop in the gross domestic product (GDP). (10)
11. An economic system that determines what, how, and for whom goods and services are produced by coordinating individual choices through arrangements that aid buying and selling goods and services. (6,7)
12. The ability of a good or service to satisfy a want. (7)
16. The incentive, as well as the reward, for producing goods and services. (6)
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ACROSS
4. The number of similar products that will be offered for sale at a particular time and at a particular price. (6)
8. A measure of the average change in prices of consumer goods and services typically purchased by people living in urban areas. (8,5,5)
13. Items of value that individuals can own, use, and sell. (7,8)
14. A rapid rise in prices caused by an inadequate supply of goods and services. (9)
15. Buildings, tools, machines, and other equipment that are used to produce other goods but do not directly satisfy human wants. (7,5)
DOWN
1. The production of capital goods. (7,9)
2. Desires for non-material things that are not scarce. (11,5)
3. A pattern of irregular but repeated expansion and contraction of the gross domestic product (GDP). (8,5)
5. Land, labor, capital goods, and management: the four basic resources that are combined to create useful goods and services. (7,2,10)
6. Anyone who aids in creating a utility. (8)
7. An economic system in which the method for determining what, how, and for whom goods and services are produced is decided by a central planning authority. (7,7)
9. An economic system that uses aspects of a market and a command economy to make decisions about what, how, and for whom goods and services are produced. (5,7)
10. A long and severe drop in the gross domestic product (GDP). (10)
11. An economic system that determines what, how, and for whom goods and services are produced by coordinating individual choices through arrangements that aid buying and selling goods and services. (6,7)
12. The ability of a good or service to satisfy a want. (7)
16. The incentive, as well as the reward, for producing goods and services. (6)

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