Economics Key Terms

Edit Answers
123456789101112131415
Across
  1. 5. ??? groups believe that the benefits of growth are lower than the cost of generating that growth.
  2. 9. Increases in GDP mean that people have more income on average, which increases ???
  3. 10. When the economy is still growing, but at a slower rate.
  4. 11. The peak of a GDP cycle.
  5. 12. The study of economics that involves looking at individual parts of the economy.
  6. 14. When GDP starts to rise again.
  7. 15. The study of economics that involves looking at the economy as a whole.
Down
  1. 1. Economic growth can raise the ??? of a country.
  2. 2. Businesses generate more output, so they need ???
  3. 3. Value of all incomes in the economy added together
  4. 4. If economic growth is too fast, the economy can overheat, which can cause ???
  5. 6. When GDP starts to fall.
  6. 7. Certain aims that the government has when managing the economy
  7. 8. Measures a country's total output for a year.
  8. 13. Rapid economic growth in some developing countries has helped to reduce ???