Basics of Economics

An economy that allows for the laws of supply and demand to determine prices is called a:

The point where supply and demand are equal is called a(n):

The amount of a resource desired at a given time is called:

The type of resource that starts with a C is called:

The type of resource that starts with an E is called:

The amount of a resource available at a given time is called:

An economy that has more government control over prices is called a:

The two types of resources that start with an L are called:

A point where supply is greater than demand is called a(n):

The main problem of economics is/are called:

A point where demand is greater than supply is called a(n):