Chapter 13 Crossword

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Across
  1. 1. A general increase in prices
  2. 4. The level of employment reached when no cyclical unemployment exists
  3. 7. Federal funds given to the states in lump sums
  4. 10. Income that does not increase even when prices go up
  5. 12. The process by which rising wages cause higher prices, and higher prices cause higher wages
  6. 16. The percentage of people who live in households with income below the official poverty line
  7. 17. Type of unemployment that occurs when people are unemployed at particular times of the year when demand for labor is lower than usual
  8. 18. How the nation's total income is distributed among its population
  9. 21. The income level below which income is insufficient to support a family or household
  10. 23. Government issued coupons that recipients exchange for food
  11. 24. A measurement that shows how the average price of a standard group of goods changes over time
Down
  1. 2. The curve that illustrates the income distribution
  2. 3. Theory that too much money in the economy causes inflation
  3. 5. A representative collection of goods and services
  4. 6. The percentage rate of change in price level over time
  5. 8. Area where companies can locate free of certain local, state, and federal taxes and restrictions
  6. 9. Theory that inflation occurs when demand for goods and services exceeds existing supplies
  7. 11. A program requiring work in exchange for temporary assistance
  8. 13. Type of unemployment that occurs when workers' skills do not match the jobs available
  9. 14. Type of unemployment that occurs when people take time to find a job
  10. 15. An official count of the population
  11. 19. Type of unemployment that rises during economic downturns and falls when the economy improves
  12. 20. A sustained drop in the price level
  13. 22. Theory that inflation occurs when producers raise prices in order to meet increased costs