Microeconomics - Booklet 1: Key Terms

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  • Created by: JOFD
  • Created on: 02-04-16 19:04
D L O K O Q O A N J Y Q N N P C D F N W N
X C S X M L Y A J U F L O H O I M X D L M
R N C T B I J R K P V G I C S E A O Y U K
C V A V W V Y U B X H K T B I D H O Y B C
T C R A F H B B U V Q C A D T W W K M P V
H K C J Q H G T X A I T C M I L W I O K M
N H I I L V K E O F L V O H V Y J U N I U
C J T V Q L D N J V R S L I E D J Y O L M
S V Y E B Y J C F S C O L Q E Y L Q C A S
H M M W S A P Q W B P T A U C A W H E U B
K O N Y H B K H L I I L E G O F B U T Q N
J Q A I J J Y F X O T Y C N N X X S E U C
C H L J W L X D K Q Q Y R T O L P W K X D
V G A R S U R K W C Q R U U M J V G R X O
B G X G S W X J U Q G G O I I R N G A V A
L F A E U D W Y O E H H S Y C X P R M X J
N X D R H F F A H E T M E T S A T H J Q B
U M U E D D R G J J S C R L C V K S A Y V
P J D J L F M S D F V S R O B L S D M V A
F D G O F A R E G B Y Q Q P J I S A X C T
H G G H K B L L P J P I R B F V N J J X W

Clues

  • A situation that arises due to unlimited wants and limited resources (8)
  • An economy where the market forces of supply and demand guide the allocation of resources (6, 7)
  • Statements about what is i.e. about facts (8, 9)
  • The way in which society's productive assets are used amongst their alternative uses (8, 10)

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