economics

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Across
  1. 3. occurs when buyers and sellers come together
  2. 8. also known as factors of production
  3. 9. type of unemployment due to lack of skills
  4. 12. spending by firms on factories and machines
  5. 14. Gross Domestic Product
  6. 15. an equation used to add up the spending on domestically made goods
  7. 16. the topic of this course
  8. 21. GOODS FROM ANOTHER COUNTRY
  9. 22. gross domestic product adjusted for inflation
  10. 23. employed and the unemployed together
  11. 24. previously made goods used to help produce another good
  12. 25. the willingness and ability to purchase a good
  13. 26. limited resources for unlimited wants
  14. 27. Germany experienced this between the two world wars
  15. 30. a diagram that shows the exchange of goods and services for money
  16. 31. type of unemployment caused by a recession
Down
  1. 1. gross domestic product using current prices
  2. 2. exports - imports
  3. 4. human effort to produce a good or service
  4. 5. goods used for the production of a final good
  5. 6. a person who doesn't have a job but is actively looking
  6. 7. / percentage of the labor force that is unemployed
  7. 10. this desk payment is $375 each month
  8. 11. natural resources
  9. 13. money given by the government to a citizen
  10. 17. the desire and ability to produce a good
  11. 18. type of unemployment caused by the worker transitioning between jobs.
  12. 19. as price goes up, the quantity demanded goes down
  13. 20. giving up the next best thing
  14. 28. general rise in prices
  15. 29. the currency used in Mr. Wilcox's class