Across
- 3. when people don’t have the skills to get a job anymore
- 4. during the peak of the business cycle, GDP is…
- 6. economy produces less goods than before
- 8. manmade tools and equipment to produce more goods and services
- 10. this myth: “inflation hurts ___”
- 12. who created the FED in 1913
- 13. competing products that can be used in place of one another
- 14. banks belonging to the FED (two words)
- 17. what we use to calculate inflation rate
- 21. believed the government would make things worse during a recession
- 23. counted as unemployment if you worked less than… the past week (2 words)
- 24. the worst kind of unemployment
- 25. anything in nature that we can use to make goods/services
Down
- 1. prices rising too rapidly (2 words)
- 2. low/normal inflation
- 5. products that are used together
- 7. any sales tax
- 9. when the gov spends more than it takes in (two words)
- 11. what “GDP” stands for (3 words)
- 15. when the gov spends less than it takes in (two words)
- 16. when are unemployed due to the time of year
- 18. the way people think about the future
- 19. limited in amount
- 20. washingtons best senator (two words)
- 22. when people chose to leave their job for a better one