Unit 5 Review

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Across
  1. 2. not the final good
  2. 3. decline in purchasing power
  3. 5. Per Capita means
  4. 7. unexpected event that dramatically changes economic direction
  5. 11. Output stops increasing, high inflation
  6. 12. Decreasing output, rising unemployment
  7. 13. Inflation hurts this group because wages buy less
  8. 16. Negative inflation
  9. 17. total market value of all final goods/services produced
  10. 18. Thriftstore items don't count because they are
  11. 19. Everything business buys sector
  12. 20. Output starts increasing, lowest point
  13. 23. Foreign goods
  14. 24. Largest portion of GDP, households
  15. 25. The theory where businesses increase prices to keep up with inflation
Down
  1. 1. the theory when demand exceeds supply
  2. 4. shoveling snow at my own home, doesn't count
  3. 6. Increasing output, decreasing unemployment
  4. 8. The tool used to measure the cost of goods and services bought by a consumer
  5. 9. the large-scale parts of economic activity
  6. 10. Selling illegal drugs
  7. 14. $100 venmo from Grandma on my bday
  8. 15. GDP declines for 2 or more quarters
  9. 21. _______ can profit from inflation when there is no wage increase
  10. 22. Real GDP considers