Economics Definitions

Across

• 1. The way in which production is organised in a country/group of countries. (8, 6)
• 6. Shows the relationship between the quantity and demanded and the price of a product. (6, 5)
• 7. Quantity of a product that consumers are able and willing to purchase at various prices over a period of time. (6)
• 8. Products bought from abroad. (7)
• 10. A sustained rise in the price level, the % increase in the price level or a period of time. (9)