Across
- 4. branch of economics that focuses on economic decisions of individuals, households, and businesses
- 6. branch of economics that focuses on economic decisions of individuals, households, and businesses
- 9. goods and services produced in Canada, but sold to other countries
- 10. goods and services purchased from another country
- 11. applying inventions to new products or services
- 15. the plants, equipment, and infrastructure operating in an economy
- 16. distance from peak to peak, or from trough to trough in a business cycle
- 19. business cycle stage showing upward GDP direction
- 20. the accumulated knowledge, skills, and expertise possessed by the average worker in an economy
Down
- 1. a fall in the level of real GDP - usually when GDP falls in two consecutive quarters
- 2. severe or prolonged recession
- 3. the low point of recession stage of business cycle
- 5. total goods and services
- 7. advances in knowledge
- 8. distance from peak to trough in a business cycle wave
- 12. organization of services
- 13. per person
- 14. the high point of recovery stage of business cycle
- 17. the value of one currency in terms of another currency
- 18. GDP valued at constant dollars...adjusted for inflation
