Across
- 1. the topic of this course
- 3. the currency used in Mr. Wilcox's class
- 5. as price goes up, the quantity demanded goes down
- 7. previously made goods used to help produce another good
- 13. percentage of the labor force that is unemployed
- 16. natural resources
- 17. this desk payment is $375 each month
- 19. goods used for the production of a final good
- 21. the desire and ability to produce a good
- 22. money given by the government to a citizen
- 23. human effort to produce a good or service
- 25. giving up the next best thing
- 26. gross domestic product using current prices
- 28. the willingness and ability to purchase a good
- 29. type of unemployment due to lack of skills
- 30. gross domestic product adjusted for inflation
Down
- 2. a diagram that shows the exchange of goods and services for money
- 4. limited resources for unlimited wants
- 6. occurs when buyers and sellers come together
- 8. Germany experienced this between the two world wars
- 9. an equation used to add up the spending on domestically made goods
- 10. general rise in prices
- 11. a person who doesn't have a job but is actively looking
- 12. type of unemployment caused by a recession
- 14. exports - imports
- 15. employed and the unemployed together
- 18. spending by firms on factories and machines
- 20. Gross Domestic Product
- 24. type of unemployment caused by the worker transitioning between jobs.
- 27. also known as factors of production