Econo

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Across
  1. 2. value of goods and services made in a country.
  2. 5. Trap – When people cannot escape poverty due to economic and social barriers
  3. 6. Bonds – Long-term debt issued by businesses to raise funds.
  4. 9. Revenue – Extra income earned from selling one more unit.
  5. 10. Law – Describes how GDP growth and unemployment move in opposite directions.
  6. 13. money that you’ll pay back later.
  7. 14. Cycle – The repeated pattern of economic growth and slowdown.
  8. 15. – Inflation because making goods becomes costlier.
Down
  1. 1. in the value of a currency compared to others.
  2. 3. outsiders are affected by someone else’s economic activity.
  3. 4. – Goods purchased from abroad.
  4. 7. – Money leaving a country to foreign markets.
  5. 8. Control-Government sets price limits.
  6. 11. – Limited resources to meet unlimited wants.
  7. 12. – A long and deep drop in economic activity.