Across
- 2. business cycle stage showing downward GDP direction
- 4. the low point of recession stage of business cycle
- 7. combination of invention and innovation
- 8. the plants, equipment, and infrastructure operating in an economy
- 11. the GDP of a country divided by the population of that country
- 14. the capital expenditures that businesses make to produce goods and services to sell to consumers
- 15. severe or prolonged recession
Down
- 1. another major influence on economic growth, and it includes the accumulated knowledge (from education and experience), skills,
- 3. business cycle stage showing upward GDP direction
- 5. The total value of a nation’s production of goods and services
- 6. the extent to which the peak was an economic high, versus the extent to which the trough was an economic low.
- 8. the high point of recovery stage of bussiness cycle
- 9. goods and services purchased from another country
- 10. goods and services produced in Canada, but sold to other countries
- 12. the total value of final goods and services produced in the economy during a given period (usually one year).
- 13. advances in knowledge
