Measuring Production
Across
- 3. The difference between total exports and total imports
- 5. ________ goods are used in the production of other goods.
- 7. Goods made in prior years. not counted in GDP
- 8. Payments Free money given by government to citizens, not counted in the GDP
Down
- 1. Household expenditure is termed __________
- 2. Firm expenditure is termed ________
- 4. GDP approach focused on the rewards for factors of production
- 6. GDP approach based on government, household and firm spending