economics

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