Economics Unit 3 Vocabulary

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Across
  1. 1. period of growth
  2. 3. risk taker in search of profit
  3. 6. the lowest part of an economic cycle
  4. 8. changes in output per worker over time
  5. 13. business organization involving two or more people
  6. 14. legal permission for a business to exist
  7. 15. renting or leasing of a successful business model
Down
  1. 2. price paid for the use of money
  2. 4. owned by stockholders and treated by law as an individual
  3. 5. ownership share of a corporation
  4. 7. ratio that measures the cost of goods now as compared to a previous year
  5. 9. the general rise in the level of prices
  6. 10. period of economic decline for 6 months
  7. 11. dollar value of all final goods produced in a country
  8. 12. check transferring a portion of corporate earnings to stockholders