Economics

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Across
  1. 6. Business _____: Consists of four distinct phases: expansion, peak, contraction, and trough.
  2. 7. Occurs when business activity decreases.
  3. 8. _____ rate: cost of borrowing money.
  4. 10. economic system in which there is private ownership of natural resources and capital goods.
  5. 11. owned by stockholders.
Down
  1. 1. the process of rapid integration among countries.
  2. 2. economic system where the government owns and controls capital.
  3. 3. not enough income to maintain a minimum amount of money.
  4. 4. the D in GDP.
  5. 5. best-known U.S. stock exchange
  6. 9. exchange of goods and services between countries.
  7. 10. consumer price index initials.