Economics - Markets in Action Key Terms C1-3
Teacher recommended
?- Created by: Hollie
- Created on: 03-01-13 13:41
| P | R | B | P | R | Y | B | S | D | A | Y | F | N | O | C | F | A | Q | J | J | P |
| R | D | J | R | C | P | T | L | Y | I | S | E | O | O | I | R | S | E | B | L | O |
| U | G | R | O | R | H | E | V | T | U | W | O | I | W | A | E | T | C | B | E | F |
| O | C | H | D | I | N | M | J | I | A | G | N | T | G | D | E | I | O | K | C | R |
| B | K | M | U | Q | O | O | Q | T | R | P | F | C | V | E | M | F | N | E | J | A |
| A | O | T | C | U | V | C | Y | N | J | Q | H | U | U | V | A | E | O | W | P | V |
| L | J | C | T | A | R | N | T | A | S | S | I | D | N | E | R | N | M | G | J | F |
| F | K | O | I | S | H | I | I | U | F | W | H | O | V | L | K | E | I | U | T | X |
| O | V | R | V | I | L | E | G | Q | C | F | O | R | Y | O | E | B | C | S | H | T |
| N | M | I | E | P | C | L | B | M | T | Y | B | P | X | P | T | L | E | S | P | L |
| O | H | I | E | U | G | B | I | U | S | R | X | F | O | I | M | A | F | K | A | I |
| I | P | H | F | B | X | A | I | I | K | N | D | O | S | N | E | N | F | A | L | Q |
| S | E | N | F | L | L | S | K | R | W | H | T | R | I | G | C | R | I | S | F | C |
| I | P | J | I | I | C | O | Y | B | J | B | W | O | K | E | H | E | C | T | Y | C |
| V | O | T | C | C | Y | P | Y | I | K | Y | M | T | U | C | A | T | I | A | J | L |
| I | X | G | I | G | M | S | B | L | Q | O | L | C | F | O | N | X | E | U | P | L |
| D | Y | X | E | O | V | I | I | U | Q | M | N | A | V | N | I | E | N | R | F | V |
| S | P | F | N | O | X | D | C | Q | F | J | N | F | U | O | S | W | C | X | M | M |
| P | A | X | C | D | V | T | V | E | W | X | P | P | K | M | M | H | Y | O | F | W |
| S | P | O | Y | S | B | J | C | T | O | I | S | I | D | Y | T | S | W | X | S | W |
| U | B | K | X | M | N | C | G | H | X | K | S | S | L | P | A | X | U | X | L | V |
Clues
- An economy with a relatively low level of income per head. (10, 7)
- Goods having some but not all of the characteristics of a public good. (5, 6, 5)
- Income after taxes on income have been deducted and state benefits have been added. (10, 6)
- The Benefits that accrue as a consequence of externalities to third parties. (8, 8)
- The quantity that is demanded and supplied at the equilibrium price. (10, 8)
- The resource inputs that are available in an economy for the production of goods and services. (6, 2, 10)
- The specialisation of Labour where the production process is broken down into separate tasks. (8, 2, 6)
- The system by which the market forces of demand and supply determine prices and the decisions made my consumers and firms. (4, 6, 9)
- Where both Allocative and Productive efficiency are achieved. (8, 10)
- Where production takes place using the least amount of scarce resources (10, 10)
Comments
Report