Business/Productivity

3. measure of efficiency of a person completing a task
4. nemployment that results directly from cycles of economic upturn and downturn
7. downward and upward movement of gross domestic product
9. Two or more consecutive quarters of negative GDP growth.
12. macroeconomic model that describes the flows of resources, goods and services, and income between the parts of the economy.

1. unemployment which exists in any economy due to people being in the process of moving from one job to another.
2. measure of the value added created through the production of goods and services in a country during a certain period
5. quantitative measure of the rate at which the average price level of a basket of selected goods and services in an economy increases over some period of time
6. A macroeconomic policy by which the government influences interest rates in order to adjust a nation’s economy.
8. The study of large-scale economic performance and growth. Key macroeconomic measures are GDP, inflation, and unemployment.
10. unemployment resulting from industrial reorganization
11. A macroeconomic policy by which a government adjusts its spending levels and tax rates to monitor and influence a nation's economy.