Economics Crossword ch. 1-3

This crossword was created by Mr. Smith with EclipseCrossword by Green Eclipse Software — www.eclipsecrossword.com

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Across 2. said that the government should own everything 5. the ______ _______ is the unseen guide that keeps prices normal in a free market. 6. the quantity of goods supplied will be greater at a higher price than it will at a lower price 7. the resources needed to produce goods and services are limited 10. is the total dollar amount of all final goods and services produced in one year 11. The quantity demanded of a good will be greater at lower prices than the quantity demanded at higher prices 13. _________ equilibrium is when taxes are equal to government spending

Down 1. durable goods, non-durable goods and services 3. believed that self-interest leads to a strong economy 4. The price at which the quantity demanded equals the quantity supplied 7. the quantities of a product of service that a firm is willing and able to make available for sale at different prices 8. The calculation is current dollar GDP over adjustment for inflation 9. told what to produce by consumers voting in the marketplace with their dollars 12. the quantities of a good that consumers are willing and able to buy