1		An economic system where all economic decisions are made by the state. (7,7)
5		One of the three fundamental questions that economic systems must address. (3)
9		Resources that are free gifts of nature. (4)
10		The economic goal of reducing inflation. (5,9)
13		Payment for labour. (4)
14		Man-made tool of production. (7)
18		The economic goal that is described as an outward shift of the production possibilities curve. (6)
19		Statements of what ought to be; value judgements. (9)
20		A situation where wants exceed resources. (8)
21		Capitalism aims to serve the ___________. (8)
24		Producing the mix of goods and services most valued by society. (10,10)
27		The economic goal of ensuring jobs for all those individuals who want to work. (4,10)
29		The mechanism in a capitalist system that brings buyers and sellers of a product together. (6)
32		Simplified representation of the real world that is used to make predictions. (5)
33		Commitments often made in order to purchase capital items. (5)
34		An item that yields consumer satisfaction. (4)
35		The study of decision making undertaken by individuals (or households) and by firms. (14)
36		The sale or transfer of state-owned property and businesses to the private sector. (13)
37		A ___ system is opposite to a barter system. (5)
38		The institutional means through which resources are used to satisfy human wants. (8,6)

1		A consumer good manufactured in Ontario. (4)
2		An economic system in which some decisions are made by individual firms and households and other decisions are made by government. (5,7)
3		An important capital item used in the fishing industry. (4)
4		If a nation is on its production possibilities curve, an increase in the production of consumer goods will cause the production of capital goods to ___. (4)
6		Important land resource to Alberta. (3)
7		The phrase that describes how capitalism effectively uses individual self interest to serve society. (9,4)
8		The highest-valued, next-best alternative that must be sacrificed to attain something. (11,4)
11		The assumption that nothing changes except the factor being studied; "other things equal." (7,7)
12		Decreasing the mandatory retirement age will cause the production possibilities curve to shift ___. (2)
15		A generalization or "law" of behaviour that has been verified by facts. (9)
16		The human resource. (6)
17		Responsible for the risks of running a business. (12)
18		The major motive underlying individual decisions in capitalism. (5)
22		The study of the behavior of the economy as a whole; aggregate behaviour. (14)
23		A social science that studies how people allocate limited resources to satisfy unlimited wants. (9)
25		This term is used to describe the limited government feature of pure capitalism. (7,5)
26		Items used to produce goods and services. (9)
28		A statement of what is; testable by facts. (8)
30		Payment for the use of a land resource. (4)
31		The social economic goal that is concerned with fairness. (6)