Chapters 13-14, period 3

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Across
  1. 3. phase of business cycle where GDP falls
  2. 7. decline in price
  3. 8. values each good at the dollar price it actually sold for in the year which it was produced
  4. 9. occurs when workers lose their jobs due to change in season
  5. 12. total dollar value of all final goods and services produced within the country's borders in a given year
  6. 16. bought by people in other countries, produced in other countries
  7. 18. sold to its final user
  8. 19. household purchases made by families and individuals
  9. 20. joblessness caused by economic contraction
  10. 21. goods and services purchased by any level of government
  11. 22. highest point of an expansion
Down
  1. 1. would like to use more hours or prefers a job that best matches their skills
  2. 2. sustained increased in real GDP
  3. 4. product that becomes part of the final good
  4. 5. rise in price
  5. 6. alternating period of rising and falling GDP
  6. 10. business spending on physical capital and inventories
  7. 11. economy's total number of workers that are actively seeking for a job but are not working
  8. 13. arises from a mismatch between job seekers and types of jobs available
  9. 14. phase of business cycle where GDP rises
  10. 15. short period of unemployment while workers search for jobs best suited for their skills and interests
  11. 17. accommodation of employed and unemployed workers, excusing those in the military and prison