Chapter 3 Vocab - Mirna Saleh

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Across
  1. 3. The level of material comfort as measured by he goods and services that are available
  2. 7. Total amount
  3. 8. A deep recession that affects the entire economy and lasts for several years
  4. 9. Large amount
  5. 10. Change of growth
  6. 13. A rise in business activity after a recession or depression
  7. 15. The Guidelines
  8. 16. When the government spends more on programs than it collects in taxes
  9. 19. A general increase in the cost of goods and services
  10. 20. A slowdown of economic activity
Down
  1. 1. A situation in which a governments revenue exceeds its expenditures during a one-year period
  2. 2. The total value of goods and services produced in a country in a given year
  3. 4. The rise and fall of economic activity over time
  4. 5. Time span
  5. 6. To buy
  6. 11. A peak of economic activity
  7. 12. A general decrease in the cost of goods and services
  8. 14. The total amount of money a government owes
  9. 17. Special importance, value, or prominence given to something
  10. 18. To go down