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Economics

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Across
  1. 4. average income per person in a country
  2. 7. father of free enterprise
  3. 8. north american free trade agreement
  4. 9. used to predict future economic activity
  5. 11. after tax income for retirement
  6. 13. central banking system of the US
  7. 17. not backed by physical commodity
  8. 19. world trade organization
  9. 20. money set aside in case of emergency
  10. 22. how much a business is worth
  11. 23. lowest point in a business cycle
  12. 24. highest point in a business cycle
Down
  1. 1. temporary economic decline
  2. 2. cost of imports exceeds value of exports
  3. 3. ability to produce more products efficiently
  4. 4. money was backed by gold or precious metal
  5. 5. taxing imports to protect country
  6. 6. introduced fiscal policy
  7. 10. increase in the value of one currency
  8. 12. income exceeds expenditures
  9. 14. temporary economic growth
  10. 15. ability to produce more products physically
  11. 16. stopped inflation by stopping the printing of money
  12. 18. created reagonomics
  13. 21. trade without tariffs, quotas etc.