Chapter 2: Economics

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Across
  1. 2. Phase of the business cycle when employment and production are high
  2. 4. Spending by companies on buildings, equipment, and inventory
  3. 6. Phase when unemployment decreases and the economy begins to grow again
  4. 10. Percentage of people in the labor force who are not working
  5. 12. All people who are working or actively looking for work
  6. 13. Output per person calculated by dividing GDP by total population
  7. 15. A share of ownership in a corporation
  8. 16. A form of debt where investors lend money to a business or government
  9. 18. Money spent by individuals on goods and services like food, clothing, and housing
  10. 21. Sales of durable and nondurable goods bought by consumers
  11. 22. Measure used to track changes in the cost of goods and services
Down
  1. 1. Money received from wages, salaries, investments, and government payments
  2. 3. The cost of borrowing money
  3. 5. Money used by the government to pay employees and buy goods and services
  4. 7. Increase in the general level of prices that reduces buying power
  5. 8. Period when the economy slows and unemployment rises
  6. 9. Total value of all final goods and services produced in a country during one year
  7. 11. The fluctuation of the economy over a period of time
  8. 14. Production output in relation to a unit of input such as a worker
  9. 17. Goods and services sold to other countries
  10. 19. Decrease in the general level of prices
  11. 20. Phase marked by prolonged high unemployment and weak business activity
  12. 23. Goods and services bought from other countries