Economics Vocabulary Crossword

The resources we use to produce goods and services are limited.
The percentage of the labor force that is unemployed
Sustained increases in the prices of all goods.
Reduction in the value of capital goods over a one-year period due to physical wear and tear and also to obsolescence; also called capital consumption allowance
A market with many sellers and buyers of a homogeneous product and no barriers to entry.
An economy in which people specialize and exchange goods and services in markets
A good or service produced in another country and purchased by the residents of the home country
A good or service produced in the home country and sold in another country
What you sacrifice to get something
The study of the nation's economy as a whole; focuses on the issues of inflation,umemployment, and economic growth
The study of choices made by households, firms, and government and how these choices affect the markets for goods and services.
Human effort, including both physical and mental effort, used to produce goods and services
The resources we use to produce goods and services are limited
Resources provided by nature and used to produce goods and services