Across
- 4. deficit-When the government spends more on programs than it collects
- 6. slowdown of economic activity
- 7. taxes
- 8. during a one year period
- 9. The level of material comfort as measured
- 11. deep recession that affects the entire economy and lasts
- 14. peak of economic activity
- 15. general increase in the cost of goods and services
- 16. rise in business activity after a recession or depression
Down
- 1. debt-The total amount of money the government owes
- 2. general decrease in the cost of goods and services
- 3. cycle-The rise and fall of economic activity over time
- 5. total value of the goods and services
- 10. several years
- 12. in a country in a given year
- 13. the goods and services that are available