Chapter 3 Vocab- Madi Goodwin

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Across
  1. 2. special importance, value, or prominence given to something
  2. 8. rise and fall of economic activity over time
  3. 13. very large in size
  4. 14. deep recession that affects entire economy
  5. 15. total amount of money a govenrment owns
  6. 18. governments revenue exceedsa its expenditures during 1 year period
  7. 20. course or principle of action adopted or proposed by a government
Down
  1. 1. peak of economiuc activity
  2. 3. acquire (something) by paying for it
  3. 4. move or cause to move from one place to another
  4. 5. rise in business activity after recession or depression
  5. 6. general increase in cost of goods and services
  6. 7. slowdown of economic activity
  7. 9. level of material comfort as meazured by the goods and services
  8. 10. a section of time
  9. 11. govenrment spends more on programs than on collecting taxes
  10. 12. a gradual and continuous loss of strength, numbers, quality, or value
  11. 16. general decrease in cost of goods and services
  12. 17. a particular amount of money
  13. 19. total value of goods and services produced for that year