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Across 2. the value of everything a seller must give up to produce a good 4. absence of the state;order derived from self-governing groups 7. Gross National Product 8. goods produced domestically and sold abroad 9. this drives the producers to supply more 10. a group of buyers and sellers of a particular good or service 12. the quantity demanded of a good falls when the price of the good rises 14. payment for labor 17. a situation in which quantity supplied is greater than quantity demanded 18. an economy that does not interact with other economies in the world 21. the total number of workers, including both the unemployed and the employed 24. the limited nature of society's resources 27. an economy that interacts freely with other economies around the world 36. in this economic system they produce their own goods based on their traditional needs 37. first to coin the term micro- and macro- economics in 1933 38. the set of assets in an economy that people regularly use to buy goods and services from other people 39. goods produced abroad and sold domestically 40. branch of economics that focuses on individual consumers and individual producers

Down 1. the equipment and structures used to produce goods and services 3. in this economic system there is a collective ownership on properties and the state decides on major and basic products 5. an economy that allocates resources through the decentralized decisions of many firms and households as they interact in markets for goods and services 6. the setting of the level of government spending and taxation by government policymakers 11. the market value of all final goods and services produced within a country in a given period of time 13. two goods for which an increase in the price of one leads to an increase in the demand for the other 15. payment for land use 16. two goods for which an increase in the price of one leads to a decrease in the demand for the other 19. whatever must be given up to obtain some item 20. quantity supplied of a good rises when the price of a good rises 22. the study that focuses on the the management of scarce resources 23. is the determinant of demand 25. the economic system in which the state has the ownership on properties and decides on it 26. the study of economy-wide phenomena 28. the setting of the money supply by policymakers in the central bank 29. decentralized and with dynamic interaction between the government and the market 30. a situation in which quantity demanded is greater than quantity supplied 31. the property of distributing economic prosperity uniformly among the members of society 32. products that serves as a caprice for people to satisfy their pleasure 33. spending by households on goods and services, with the exception of purchases of new housing 34. a measure of the responsiveness of quantity demanded or quantity supplied to one of its determinants 35. the property of society getting the most it can from its scarce resources