Business Cycle

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Across
  1. 6. sum or whole amount of something
  2. 8. representation concerning the patterns of expansion and contraction in the economy; consisting of the growth, peak, recession and trough phases
  3. 9. increase in the key measurements of aggregate economic activities such as employment, sales and income resulting in a rise in productivity; also known as expansion or recovery
  4. 10. value of shares the company issues
Down
  1. 1. implied cost of using a resource to produce a product which is equal to the income which could be received if the same resource was used to produce another product
  2. 2. distribution of a share of the company’s earnings to its shareholders
  3. 3. lowest levels experienced during a recession; accounts for the least amount of output and employment
  4. 4. period in which business activity has reached a maximum
  5. 5. measurement of physical output for each unit of input used; usually referring to labor hours
  6. 7. two consecutive quarterly declines in gross domestic product; also known as contraction
  7. 9. total market value for all goods and services produced within the borders of a country during a specific time period