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