GDP Economics

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Across
  1. 4. goods and services purchased from another country
  2. 6. production of goods and services produces ____
  3. 8. low point of recession stage of business cycle
  4. 9. per person
  5. 10. what d0es c refer to into in the formula
  6. 13. consumer spending makes up ___% of gdp
  7. 14. gdp is a tool to gauge the ____ of an economy
  8. 15. total goods and services
  9. 18. severe or prolonged recession
  10. 19. a fall in the level of real GDP
Down
  1. 1. big picture economics
  2. 2. when gdp increase income _____s
  3. 3. human capital #1
  4. 5. small picture economics
  5. 7. advances in knowledge
  6. 11. human capital #3
  7. 12. the higher the gdp the higher the economic _____
  8. 16. how many months declining gdp is considered a recession
  9. 17. human capital #2