Economics defenitions

2. unemployment a type of short term employment
9. unemployment the rise and fall of the unemployment rate based on time
11. when able bodied people are not working
12. occurs when overall prices increase due to increase in costs
14. a state that describes being extremely poor
15. unemployment enemployment caused by the fundamental shifts in the economy

1. goods from a foreign nation
3. unemployment happens when the demand for goods in a economy decreases causing firms to lay off workers
4. when prices rise
5. domestic product GDP
6. cycle 4 stages, expansion, peak, contraction and trough
7. goods inside of the country
8. unemployment when able bodied people don’t work
10. leather costs the costs that people incur to minimise their cash
13. costs costs incurred by a firm when price changes