Ch. 13
Across
- 2. those persons not living in urban areas
- 6. rise in the general level of prices
- 8. sales of used goods; category of activity not included in GDP computation
- 10. quality of life based on ownership of necessities and luxuries that make life easier
- 12. year serving as point of comparison for other years in a price index or other statistical measure
- 13. net national product less indirect business taxes; measure of a nation's income
- 16. products directly excluded from GDP because they are components of other final products included in GDP; new tires and radios for use on new cars
- 17. growth rate of total output per unit of labor input; measure of productive efficiency
Down
- 1. table showing the rates of growth statistical series between any two dates
- 3. dollar value of all final goods, services, and structures produced within a country's national borders during a one-year period
- 4. economic activity not taking place in the market and, therefore, not included in GDP; services of homemakers, work around the home
- 5. complete count of population, including place of residence
- 7. statistical series used to measure changes in the price level over time
- 9. incomes and properties that are potentially subject to tax by local, state, or federal governments
- 11. total dollar value of all final goods, services, and structures produced in one year with labor and property supplied by a country's residents, regardless of where the production takes place; largest measure of a nation's income
- 14. representative collection of goods and services used to compile a price index
- 15. total amount of income going to the consumer sector before individual income taxes are paid
- 18. those persons living in incorporated cities, towns, and villages with 2,500 or more inhabitants