Across
- 1. also known as a recession
- 6. indicator provides info regarding economic performance of an economy
- 9. producing goods and services
- 11. indicator provides info about changes in the economy in advance
- 13. in a position of not being employed or not having a job
- 16. when unemployment and inflation are both at high
- 17. also known as a downswing
Down
- 2. also known as a upswing
- 3. total value of all goods and service's produced in a country in a period of time
- 4. a protective device that limits the quantity of an import
- 5. recession two successive negative quarters of economic growth
- 6. perceived fairness of scarce resources are used and it's benefits
- 7. steady rise in prices over time
- 8. decrease in the value of a nation's currency relative to another nation's
- 10. indicator provides info about changes in the economy following changes occurring on the trade cycle
- 12. the inflow of money received over a specified period of time
- 14. economy system that coordinates of production and distribution of goods
- 15. phase of the trade cycle which can also be known as a boom