economics
Across
- 3. GDP divided by population
- 4. a direct or indirect payment to individuals or firms, usually by the government
- 7. Curve used to show inequality
- 8. when GDP falls for more than two consecutive quarters or six months
- 9. Total amount of money earned by a nation's population and businesses
- 10. Resources that are rivalrous and non-excludable
- 11. branch of economics deals with the economy as a whole
Down
- 1. a sustained increase in the average price level over a period of time
- 2. two words,provided all other variables remain the same.
- 5. an economic concept used to measure the change in the aggregate quantity demanded of a good or service in relation to price movements of that good or service
- 6. a model used to show the tradeoffs associated with allocating resources between the production of two goods
- 9. C+I+G+(X-M)