GDP

2. business cycle stage showing downward GDP direction
4. the low point of recession stage of business cycle
7. combination of invention and innovation
8. the plants, equipment, and infrastructure operating in an economy
11. the GDP of a country divided by the population of that country
14. the capital expenditures that businesses make to produce goods and services to sell to consumers
15. severe or prolonged recession

1. another major influence on economic growth, and it includes the accumulated knowledge (from education and experience), skills,
3. business cycle stage showing upward GDP direction
5. The total value of a nation’s production of goods and services
6. the extent to which the peak was an economic high, versus the extent to which the trough was an economic low.
8. the high point of recovery stage of bussiness cycle
9. goods and services purchased from another country
10. goods and services produced in Canada, but sold to other countries
12. the total value of final goods and services produced in the economy during a given period (usually one year).
13. advances in knowledge