Economics Crossword Puzzle

the study of how people seek to satisfy their needs and wants by making choices
physical objects such as clothes or shoes
actions or activities that one person performs for another
the method used by a society to produce and distribute goods and services
the income people receive for supplying factors of production, such as land, labor, or capital
economic system in which decisions on production and consumption of goods and services are based on voluntary exchange in markets
the study of the behavior and decision making of entire economies
the study of the economic behavior and decision making of small units, such as individuals, families, and businesses.
government aid to the poor
the desire to own something and the ability to pay for it
the change in consumption resulting from a change in real income
a good that consumers demand less of when their incomes increase
the amount of goods available
tendency of suppliers to offer more of a good at a higher price
a factor that can change
the point at which quantity demanded and quantity supplied are equal
a maximum price that can be legally charged for a good or service
a minimum price for a good or service
a market dominated by a single seller
the right to sell a good or service within an exclusive market
a government-issued right to operate a business
a business owned and managed by a single individual
the legally bound obligation to pay debts
a business organization owned by two or more persons who agree on a specific division of responsibilities and profits
all nonmilitary people who are employed or unemployed
labor that requires specialized skills and training
labor that requires advanced skills and education
objects that have value in themselves and that are also used as money
objects that have value because the holder can exchange them for something else of value
an institution for receiving, keeping, and lending money
a required payment to a local, state, or national government
income received by a government from taxes and nontax sources
Old-age, survivors, and disability insurance (OASDI)
the use of government spending and revenue collection to influence the economy
fiscal policies, like higher spending and tax cuts, that encourage economic growth
fiscal policies, like lower spending and higher taxes, that reduce economic growth