Page 33 - BUSINESS COMMUNIQUE ver. 2

MICRO

Solve it and master the market!
Solve it and master the market!

ACROSS DOWN
3. A market structure with a single seller. 1. The price of a good or service rises due to increased
demand.
4. A tax on imports.
2. The total value of all final goods and services produced
in an economy.
6. The study of the behaviour of individual consumers
and firms. 5. The total value of exports minus imports.

10. The economic theory that emphasizes the role of 7. A measure of the overall price level of goods and services
government intervention in the economy. in an economy.

11.The economic theory that emphasizes the role of 8. The total amount of money in circulation in an
free markets and minimal government intervention. economy.
9. The economic system where private individuals and
12. The study of how individuals and societies allocate businesses own and control
scarce resources. the means of production.

14. A situation where the price of a good or service falls 13. the economic system where the government owns and
due to decreased demand. controls the means of production.

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