Module 4 Crossword

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Across
  1. 3. increase of average price of goods and services
  2. 4. market value of all final goods and services produced in a nation over a year
  3. 8. total income in household to be spent
  4. 14. GDP reaches maximum point after rising during recovery
  5. 16. GDP - depreciation of capital worn out in producing output
  6. 18. narrowest definition of money supply
  7. 19. inputs in final good production
  8. 20. money; coin or paper
  9. 21. difference between actual real GDP and potential real GDP
  10. 22. value of stock of assets owned at some point in time
  11. 23. used as a reference point
Down
  1. 1. actual amount of money received
  2. 2. finished goods and services produced for consumers
  3. 5. government payment to individual
  4. 6. serves as medium of exchange
  5. 7. serves as money and has market value in other uses
  6. 9. variables that change before GDP changes
  7. 10. when money can hold value over time
  8. 11. variables that change after real GDP changes
  9. 12. sum of spending for final goods during period of time
  10. 13. reduction in rate of inflation
  11. 15. GDP reaches minimum point after falling during recession
  12. 17. decrease in average price of goods and services
  13. 23. exchange one good/service for another instead of for money