Unit 6 Review: Warm-Up
Across
- 2. "All people aged 16 and over who are working or actively seeking work."
- 3. "Unemployment caused by changes in the economy, making some skills obsolete."
- 6. "GDP measured in current prices and current output."
- 9. "The monetary value of all final goods and services produced within a country in a year."
- 12. "Spending on capital goods that will be used to produce goods and services in the future."
- 14. "A phase in the business cycle where GDP is increasing and unemployment is decreasing."
- 16. "Unemployment caused by a downturn in the economy."
- 17. "A general decrease in prices over time."
- 18. "The percentage of the labor force that is actively seeking work but unable to find jobs."
Down
- 1. "A general increase in prices and a decrease in the purchasing power of money."
- 4. "GDP adjusted for changes in price levels to reflect actual output."
- 5. "The spending by households on goods and services."
- 7. "A measure that examines the weighted average of prices of a basket of consumer goods."
- 8. "A period of economic decline characterized by falling GDP and rising unemployment."
- 10. "The periodic rises and falls in economic activity over time."
- 11. "Individuals who stop looking for work because they believe no jobs are available."
- 13. "The value of a country’s exports minus its imports."
- 15. "Unemployment caused by individuals transitioning between jobs or entering the workforce."