Across
- 2. no cyclical unemployment
- 3. gradual increase in prices over time
- 4. a period of economic growth in the business cycle
- 5. people working in jobs that they are overqualified for
- 6. (2) ability to purchase goods
- 11. inflation _____ purchasing power
- 12. total value of goods and services produced by a nation
- 14. consumer _________- may increase/decrease economic growth
- 17. (2)Fed can change _____ influence the economy
- 18. happens because of the normal ups and downs of the business cycle
- 19. (2) used to measure the economy
Down
- 1. (2)increase in capital per worker
- 3. roads, bridges, rail lines
- 5. measure of people out of work and looking for a job
- 6. (2)amount per person
- 7. used to measure inflation
- 8. unemployment caused by employers shutting down for a time
- 9. increased inflation and flat wages
- 10. sustained drop on prices
- 13. economic contraction lasting 6-18 months
- 15. unemployment when workers skills do not match jobs available
- 16. (2)measure of GPD after inflation factored out