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EconFinal23a

Across
workers whose jobs do not require special training or skills are considered _____ labor
Factor of production include natural resources not created by human hands
Numerous producers making differentiated products is called monopolistic _____
One who organizes the factors of production and assumes the risk of business
A good one uses when they cannot get their first choice
selling goods illegally without regards for government controls on price or quality is a ____ market
Jobs which create a lot of physical labor are called ____ labor
Unemployment which occurs when people are between jobs
Labor leader concerned with "Bread and Butter" issues
When the Federal Reserve raises interest rates and increased the reserve requirement it is a ______ money policy
The sum of one’s skills, abilities, health, knowledge, and motivation is called ____ capital
Down
The loss when a decision is made is called an opportunity ____
When the price of a good is above its value
A copyright last for the life of the creator plus seventy ____
When an increase in units of production causes a lessening rate of productivity is called _____ marginal returns
Prices above the equilibrium point create this
A declining market
A mandated price above the equilibrium point
Adam ______ developed the concept of the invisible hand
A prices go up, supply goes _____