Ap Macro Measurement of Economic Performance 2

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Across
  1. 5. ____________ Spending; one of the four components of GDP (Ex: Schools or tanks)
  2. 6. Goods produced and held in storage in anticipation of later sales
  3. 7. Investment is always when _____________ buy capital like machines, resources, and tools
  4. 8. The public sector includes spending on ______________________
  5. 11. One of the three components of consumer spending (Ex: food, clothes, toilet paper)
  6. 12. Not included in government expenditures (Ex: welfare, social security, and subsidies)
  7. 14. Government expenditures tracks the spending made in the _________________
  8. 16. Exports (X) - Imports (M); one of the four components of GDP (Ex: Value of 3 Ford Focuses minus 2 Hondas)
  9. 17. One of the three components of consumer spending (Ex: dental work, repairs, tutoring)
Down
  1. 1. Investment is _________ when individuals buy assets like stocks and bonds
  2. 2. New real estate counts as _____________________ since a new home can potentially be rented out
  3. 3. __________ Payments on the national debt are not included in government expenditures
  4. 4. Business spending on tools and equipment; one of the four components of GDP (Ex: Walmart buys self checkout machines)
  5. 9. =C+I+G+Xn
  6. 10. One of the three components of consumer spending (Ex: washing machines, refrigerators, cars)
  7. 13. __________ Spending; one of the four components of GDP (Ex: $5 Little Caesar's Pizza)
  8. 15. Inventories are counted in the year they are ____________