GDP Vocabulary

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Across
  1. 2. Goods and services produced in other countries, then brought to Canada in exchange for currency
  2. 3. GDP Dollar value of all final goods and services produced within a country’s borders minus inflation
  3. 4. Goods and services produced in Canada, then brought to other countries in exchange for currency
  4. 6. SPENDING Dollar value of all goods and services purchased by the various agencies of Canada.
  5. 9. SUPPLY The amount of goods and services ALL companies are willing to produce at ALL possible price levels
  6. 10. PER CAPITA Currency value of all final goods and services produced within a country’s borders divided by the population
Down
  1. 1. Dollar value of all goods and services purchased by households
  2. 2. Dollar value of all goods and services purchased by business for the purpose of using in their business
  3. 5. A general rise in the price level of an economy
  4. 7. OF LIVING Intangible concepts that seek to represent a country’s level of economic prosperity. Correlates with GDP growth
  5. 8. EXPORTS Dollar value of all goods and services produced in Canada and shipped to other countries MINUS the value of the goods and services imported from other countries