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Across 1. ______________ tax is collected on your salary, the money you make at a job. 3. people used to work or labor to produce a food or service (2 words) 6. an institution that allows people to save and borrow money 9. The value of all goods and services produced in a country in a given time period. (3 words) 11. In a __________________ system, economic decisions are made based on custom and most trade is through barter. 12. The value of something given up when a choice is made (2 words) 15. the average income in a country (3 words) 16. a business owned by one person (2 words) 20. The supply curve and the demand curve meet at a point that determines the market price. This point is called the _____________________. 22. a business owned by two or more people 23. people who make a good or provide a service 25. ____________ tax is collected on the homes and land you own. 26. When people trade because they want the good or service the other one has it is called _________________. 27. ____________ tax is collected on items you purchase. 28. When prices go down, this goes up.

Down 2. ______________ are pieces of paper that function as money when signed by the account holder. 4. The _______________________________ measures the number of people in a country who are out of work. (2 words) 5. a business that sells stock and is owned by shareholders 7. things found in the natural world and used to make other things (2 words) 8. A measure of the total value of a standard list of 400 commonly used goods and services in a country (3 words) 10. _________________ are paid when you use a public good or service that is not free. (2 words) 13. _________________ allows people, companies and countries to be more productive in the economy because they do one thing well. 14. ______________ is a medium of exchange and a standard of value. 16. a situaiton where the amount of time and resources are limited 17. In a ______________ system, the people control the economy through the laws of supply and demand. 18. _____________ goods and services are provided for all by the government. 19. peopel who buy goods and services 21. In a _____________________ system, all economic decisions are made by the govenment. 24. When prices go up, this goes up.