Honors Econ Crossword Puzzle

Excess demand creates a ...
Minimum price an employer can pay a worker for an hour of labor
Total value of all goods and services produced in an economy
Someone who chooses not to pay for a good/service but receives benefit as if it were a public good
Situation in which a market doesn't distribute resources efficiently
Nation's GDP divided by total population
Limit on amount of good that can be imported
An expectation encouraging people to act a certain way
Situation in which govt spends more than what it takes in
Deciding whether to use one additional unit of resource
Economic side effect of a good/service generating costs
Skills and knowledge gained by a worker through experience and eduacation
the next desirable alternative given up as a result of a decision
An alternative sacrificed when a decision is reached
Using resources to maximize production of goods/services
Point at which quantity demand and quantity supply meet
the idea that every dollar of spending creates more than one dollar in economic activity