Across
- 3. severe or prolonged recession
- 4. consumer spending makes up ___% of gdp
- 7. gdp is a tool to gauge the ____ of an economy
- 9. how many months declining gdp is considered a recession
- 11. per person
- 12. when gdp increase income _____s
- 15. total goods and services
- 16. small picture economics
- 17. a fall in the level of real GDP
Down
- 1. humancapital#2
- 2. what d0es c refer to into in the formula
- 5. low point of recession stage of business cycle
- 6. big picture economics
- 8. humancapital#1
- 10. advances in knowledge
- 12. goods and services purchased from another country
- 13. humancapital#3
- 14. production of goods and services produces ____