Business Cycle & Economic Policy

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Across
  1. 3. examines average change in prices paid by urban consumers for goods and services
  2. 4. Minimum amount of deposits that banks must hold in reserve
  3. 7. Percentage of the labor force that is unemployed, but actively seeking employment
  4. 12. Highest point in the business cycle
  5. 16. Total value of goods and services produced within a country in a specific time period
  6. 17. of Trade, Difference between a country's exports and imports
  7. 18. Severe and prolonged economic downturn
  8. 22. Operations, Buying and selling of government securities by the FED to influence money supply
  9. 23. Revenue equals expenditures
  10. 24. Period of increase in business activity
Down
  1. 1. Goods/services bought from other countries
  2. 2. Money spent by the Government
  3. 5. Lowest point of the business cycle
  4. 6. Central bank of the United States
  5. 8. Period of declining economic activity in the business cycle
  6. 9. Expenditures exceed revenues
  7. 10. Goods/Services sold to other countries
  8. 11. Revenue exceeds expenditures
  9. 13. Period of economic decline lasting at least 6 months
  10. 14. Money collected by the Government
  11. 15. Policies that restrict international trade to protect domestic industries
  12. 19. Total amount of money owed by the government, accumulated from budget deficits over time
  13. 20. Interested rate charged by FED to commercial banks for loans
  14. 21. Absence of trade barriers between countries