Macroeconomics

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Across
  1. 3. Phase of the business cycle when GDP is increasing
  2. 8. Occurs when the Price Level decreases
  3. 9. Tends to be negatively impacted when GDP increases
  4. 11. Economic term for 'within a country'
  5. 12. Measured using CPI (Consumer Price Index)
  6. 14. A rise in interest rates will _____________ aggregate demand
  7. 16. The label given to the Y-Axis on an AD/AS diagram
Down
  1. 1. A limitation of using GDP to measure a country's wealth
  2. 2. Type of unemployment arising when people move between jobs
  3. 4. Meaning total; sum of
  4. 5. Refers to goods and services produced that are not included in GDP
  5. 6. A person with an extensive criminal record may experience ______________ unemployment
  6. 7. A type of good produced only as a part of another finished good
  7. 10. GDP refers to the total amount of goods and services ______________ in a country
  8. 13. Occurs when an economy experiences two consecutive quarters of negative growth
  9. 15. The lowest point of the business cycle