Across
- 2. The value of one currency for the purpose of conversion to another.
- 4. Government actions to change a currency's value.
- 5. The total monetary or market value of all the finished goods and services produced within a country’s borders in a specific time period.
- 7. The percentage of the labor force that is jobless and actively looking for work.
- 10. The rate at which the general level of prices for goods and services is rising, and, subsequently, eroding purchasing power.
- 14. A currency depreciates when its value falls relative to other currencies.
- 15. A good or service produced in one country that is sold to another.
- 16. The total amount of money needed to cover basic expenses such as housing, food, taxes, and healthcare.
Down
- 1. Lowers the currency's value, making exports cheaper and imports more expensive, a strategy sometimes used to correct trade imbalances.
- 3. The typical amount a person earns in a country per year or month.
- 6. The value of money measured by the amount of goods or services it can buy.
- 8. A system of money in general use in a particular country.
- 9. The minimum resources necessary for survival—food, water, shelter, clothing.
- 11. A classification that refers to groups of companies related based on their primary business activities.
- 12. A currency appreciates when its value rises relative to another currency, meaning more of another currency is needed to buy it.
- 13. A good or service bought in one country that was produced in another.