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en
CR
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neoclassical : School of economic thought founded by Alfred Marshall
gametheory : The study of mathematical models of conflict and cooperation between intelligent rational decision-makers
deadweight: __________ Loss; loss of economic efficiency that can occur when equilibrium for a good or service is not Pareto optimal
externality : Cost or benefit that affects a party who did not choose to incur that cost or benefit, could be negative or positive
basu: Chief Economic Adviser at The World Bank
monopsony: Market with single buyer and many sellers
laffer: A curve founded by the economist of the same name; representation of the relationship between possible rates of taxation and the resulting levels of government revenue
seigniorage: Difference between the value of money and the cost to produce and distribute it
collateral: anything of value that is acceptable to a lender to guarantee repayment of a loan
competition: The effort of two or more parties acting independently to secure the business of a third party by offering the most favorable terms
excise: an indirect tax levied on the goods manufactured in India
market: A setting where buyers and sellers establish prices for identical or very similar products, and exchange goods and/or services
quota: a legal limit on the quantity of a particular good that can be imported and exported
Across:2. | The effort of two or more parties acting independently to secure the business of a third party by offering the most favorable terms | 6. | School of economic thought founded by Alfred Marshall | 8. | A setting where buyers and sellers establish prices for identical or very similar products, and exchange goods and/or services |
| 9. | Difference between the value of money and the cost to produce and distribute it | 11. | The study of mathematical models of conflict and cooperation between intelligent rational decision-makers |
| | Down:1. | Cost or benefit that affects a party who did not choose to incur that cost or benefit, could be negative or positive | 3. | a legal limit on the quantity of a particular good that can be imported and exported | 4. | Chief Economic Adviser at The World Bank | 5. | an indirect tax levied on the goods manufactured in India |
| 7. | anything of value that is acceptable to a lender to guarantee repayment of a loan | 8. | Market with single buyer and many sellers | 10. | A curve founded by the economist of the same name; representation of the relationship between possible rates of taxation and the resulting levels of government revenue |
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© 2014
PuzzleFast.com, Noncommercial Use Only
Across:2. | The effort of two or more parties acting independently to secure the business of a third party by offering the most favorable terms | 6. | School of economic thought founded by Alfred Marshall | 8. | A setting where buyers and sellers establish prices for identical or very similar products, and exchange goods and/or services |
| 9. | Difference between the value of money and the cost to produce and distribute it | 11. | The study of mathematical models of conflict and cooperation between intelligent rational decision-makers |
| | Down:1. | Cost or benefit that affects a party who did not choose to incur that cost or benefit, could be negative or positive | 3. | a legal limit on the quantity of a particular good that can be imported and exported | 4. | Chief Economic Adviser at The World Bank | 5. | an indirect tax levied on the goods manufactured in India |
| 7. | anything of value that is acceptable to a lender to guarantee repayment of a loan | 8. | Market with single buyer and many sellers | 10. | A curve founded by the economist of the same name; representation of the relationship between possible rates of taxation and the resulting levels of government revenue |
| |
© 2014
PuzzleFast.com, Noncommercial Use Only