Across
- 4. total value of output in a country
- 5. increase in prices over time
- 8. number used to divide out inflation
- 10. total
- 13. diagram which shows effects on price level and output
- 15. the maximum amount of production possible
- 17. problem caused by a large population of very young (or old) people in an economy
- 19. shortage of this product brought on a recession in the 1970's
- 20. variations in GDP over time
- 22. part of the economy unseen by government
- 23. describes dollar amounts that are adjusted for inflation
- 24. the cost of borrowing
- 26. period of negative real GDP growth lasting two quarters or more
Down
- 1. psychological factor that moves economies
- 2. per person
- 3. index used to compare the cost of living in different countries
- 6. spending by businesses on capital
- 7. skills and abilities which add to productivity
- 9. data resource published by the federal reserve bank of St Louis
- 11. total income of a country's people
- 12. index which measures environmental impact and life satisfaction
- 14. adjustment for cost of living in different places
- 16. spending by households on goods and services
- 18. an economy in which waste becomes resource
- 21. any length period of GDP decline
- 25. another name for economic growth