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Across 2. increase in value of goods and services from one year to the next 3. study of how people choose to use scarce resources to satisfy their unlimited wants 6. amount of one currency that can be purchased for a given unit of another 8. rare mix of qualities needed to create and run new businesses 9. Machines, Tools, Factories used to make goods 10. based on private ownership where individuals make the decisions 11. Blocking another country from receiving goods can be hostile or civil 12. checks may be written against amounts on deposit 13. difference in value between exports and imports over a period of time 14. North Korea and Cuba have this type of government

Down 1. Government makes all the decisions 2. way in which a nation uses its resources to satisfy needs and wants 4. a person that takes risks to start a new business 5. Medium of exchange 7. Borrowing money to pay back later