Macroeconomic Puzzle Week 1 Study Guide (Chapters 3 & 4) Crossword

The branch of economics that studies the total choices on a national level.
The set of rules that define how an economy's resources are to be used.
Recurring increases and decreases in the level of economic activity over a period of years.
An economy in which property resources are publicily owned.
A fall in the general level of prices.
The total market value of all goods and services produced annually.
The failure to use all available economic resources to produce desire goods and services.
A rise in the general level of prices in an economy.
An economy in which the private decision of cosumers, resource suppliers, and firms determine how resources are used.
The amount of other products that must be sacrificed for something else.
When real GDP decreases for two consecutive quarters.
The institutions that bring together buyers and sellers.
Two goods for which an increase in price of one reduces the demand for the other.
Two goods for which an increase in price of one increases the demand for the other.
A good for which demand increases when income increases.
A good for which demand decreases when income increases.
The quantity sellers are willing to sell of a good or service at a particular price during a particular period.
The price at which quantity demanded equals quantity supplied.
A firm owned by one individual.
A firm owned by several individuals.
A firm owned by shareholders who own stock in the firm.
Shares in the ownership of a corportation
The set of institutions in which shares of stock are bought and sold.
Profits kept by a company.
Profits distributed to shareholders.
A minimum allowable price set above the equilibrium price.
A maximum allowable price.
An agent other than the seller or the buyer who pays part of the price of a good or service.