Chapter 21 The U.S. Economy and the World

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Across
  1. 4. special tax reductions that help lower a company's tax bill if it follows certain policies the government favors
  2. 6. economic signs that follow major changes in the business cycle
  3. 8. strategy to decrease the amount of money in circulation and slow economic growth
  4. 9. country's ability to produce something more cheaply than it trading partners
  5. 10. limit on the exchange of goods
  6. 12. buying and selling of government bonds
  7. 15. strategy to increase the amount of money in the money supply and encourage economic growth
  8. 16. when a country sells more than it buys
  9. 17. amount of money banks must have available at all times
  10. 18. economic rivalry among businesses selling similar products
  11. 19. person who buys goods or services
Down
  1. 1. difference between the value of a country's exports and its imports
  2. 2. diagram demonstrating how consumers, producers, and the government exchange resources, products, and money payments
  3. 3. signs that come before major changes in the business cycle
  4. 5. country's ability to make a product more efficiently
  5. 7. signs that show economists how the economy is doing at the present time
  6. 11. deficit when a country buys more than it sells
  7. 13. person or company that provides goods or services
  8. 14. value of the next best alternative that is given up when a country specializes