GDP

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Across
  1. 5. A long-term economic state characterized by unemployment and low prices and low levels of trade and investment
  2. 9. A permanent set of goods and services that are bought and sold as staples in a functional economy
  3. 10. Statistics that point to what will happen in the economy.
  4. 13. The summing up of all individual parts of the economy.
  5. 14. Price Index A measure that examines the weighted average of prices of a basket of consumer goods and services, such as transportation, food and medical care.
  6. 17. Difference between what a nation sells to other countries and what it buys from other countries.
  7. 19. The measurement of the national economy's performance, dealing with the overall economy's output and inout.
  8. 22. Inventions and new production techniques.
  9. 23. The height of an economic expansion, when real GDP stops rising
  10. 26. Indicators that seem to lag behind changes in overall business activity.
  11. 27. The total demand for final goods and services in an economy at a given time.
  12. 28. An economic measure of inflation and is derived by dividing nominal GDP by real GDP, and then multiplying by 100.
  13. 31. Recurring fluctuations in economic activity consisting of recession and recovery and growth and decline
  14. 33. The rise and fall of real GDP over time in a nonsystematic manner
  15. 34. When the general level of prices for goods and services is rising for a prolonged period
  16. 35. Value of the nation’s total output (GDP) minus the total value lost through depreciation on machines and equipment.
Down
  1. 1. An index of changes in wholesale prices
  2. 2. Total dollar value of all final goods and services produced in a nation in a single year.
  3. 3. An individual's total earnings from wages, investment enterprises, and other ventures
  4. 4. An economic period of prosperity.
  5. 6. The value of a currency expressed in terms of the amount of goods or services that one unit of money can buy
  6. 7. Economic indicators that usually change at the same time as changes in overall business activity.
  7. 8. A payment made or income received in which no goods or services are being paid for, such as a benefit payment or subsidy.
  8. 11. When business activity begins to slow.
  9. 12. Loss of value because of wear and tear on durable goods and capital goods; fall in the price of a currency through the action of supply and demand.
  10. 15. Statistics that measure variables in the economy.
  11. 16. The amount of money that households have available for spending and saving after income taxes have been accounted for.
  12. 18. The lowest point in an economic contraction, when real GDP stops falling
  13. 20. Part of the business cycle in which economic activity slowly increases. Also called recovery.
  14. 21. The total amount of money earned within a country.
  15. 24. An inflation-adjusted measure that reflects the value of all goods and services produced by an economy in a given year, expressed in base-year prices
  16. 25. The total amount of goods and services (real output) produced and supplied by an economy's firms over a period of time.
  17. 29. A period of an economic contraction, sometimes limited in scope or duration.
  18. 30. Prolonged decrease in the general price level of goods and services
  19. 32. The year used for comparison in the measure of a business activity or economic index.