economics

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