BM Economics

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Across
  1. 2. employee layoff and recession
  2. 4. use of all three economies, USA
  3. 6. the business blank is a term used by economists to measure an economic growth
  4. 8. expansion is over and the highest point of curve
  5. 10. allocates scarce resources to satisfy competing wants
  6. 11. the cost or loss of one to have another
  7. 12. declining GDP lowest point on the curve
  8. 14. customs, beliefs, aborigines
Down
  1. 1. involves human skills to operate and run a business
  2. 3. a period of growth throughout an economy
  3. 4. consumption choices made by consumers
  4. 5. gross domestic product measures economic health
  5. 7. government-controlled economy
  6. 9. of production include land, capital,labor and entrepreneurship
  7. 13. natural resources found on earth