GDP

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Across
  1. 1. GDP GDP valued at constant dollars...adjusted for inflation
  2. 5. branch of economics that focuses on the performance, structure, behavior, and decision-making of an entire economy - the ‘big picture’
  3. 6. branch of economics that focuses on economic decisions of individuals, households, and businesses
  4. 9. domestic product the total value of all final goods and services produced in the economy during a given period
  5. 10. cycle the wave-like GDP cycles of varying length and amplitude
Down
  1. 1. .a fall in the level of real GDP - usually when GDP falls in two consecutive quarters
  2. 2. severe or prolonged recession
  3. 3. .goods and services purchased from another country
  4. 4. GDP GDP valued at current dollars...not adjusted for inflation
  5. 7. goods and services produced in Canada, but sold to other countries
  6. 8. the total value of a nation’s production of goods and services