Across
- 4. a peak of economic activity
- 5. the rise and fall of economic activity over time
- 6. when economic activity slows down
- 10. is the level of material comfort as measured by the goods and services that are available
- 11. a general decrease in the price of goods and services
- 12. the amount of money the government loses when it spends more than it has collected in taxes
Down
- 1. a rise in business activity after a recession or depression
- 2. a deep recession that affects the entire economy and lasts for several years
- 3. the total value of the goods and services it produced in a country in a given year
- 7. when a government's revenue exceeds its expenditures during a one-year period
- 8. the total amount of money the government owns
- 9. a general increase in the price of goods and services
