BASIC CONCEPTS OF NATIONAL INCOME ACCOUNTING
Across
- 2. good that has reached its last buyer with no further processing — ready for use
- 3. The branch of economics studying the whole economy — GDP, inflation, unemployment
- 6. quantity measured at a specific point in time, like total cars on the road today
- 7. good used in production of another good, e.g. flour in a bakery
Down
- 1. made durable good used to produce other goods — machines, ovens, vehicles
- 2. quantity measured over a period of time, like new jobs created this year
- 4. Goods bought for immediate personal satisfaction
- 5. Father of Macro Economics