Economics

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