Across
- 2. employee layoff and recession
- 4. use of all three economies, USA
- 6. the business blank is a term used by economists to measure an economic growth
- 8. expansion is over and the highest point of curve
- 10. allocates scarce resources to satisfy competing wants
- 11. the cost or loss of one to have another
- 12. declining GDP lowest point on the curve
- 14. customs, beliefs, aborigines
Down
- 1. involves human skills to operate and run a business
- 3. a period of growth throughout an economy
- 4. consumption choices made by consumers
- 5. gross domestic product measures economic health
- 7. government-controlled economy
- 9. of production include land, capital,labor and entrepreneurship
- 13. natural resources found on earth