Across
- 5. The total value of all final goods and services produced in an economy. (three words)
- 8. The study of the economic behavior and decision making of small units.
- 11. A commitment to the value of work and purposeful activity. (Two words)
Down
- 1. Means large
- 2. A period of macroeconomic expansion followed by a period of contraction. (two words)
- 3. These people or groups of people pursue three main outcomes to stabilize the economy.
- 4. Means small
- 6. Economists consider the desirable rate for this to be between 4-6%.
- 7. The study of behavior and decision making of entire economies.
- 9. The process used to produce a good or service.
- 10. Gives consumers and producers confidence in the economy.