Across
- 2. international differences in real GDP per capita tend to narrow over time
- 7. the technical means for the production of goods and services
- 8. often referred to simply as productivity, is output per worker
- 9. the amount of output that can be achieved with a given amount of factor inputs
Down
- 1. occurs when the value of an asset is reduced by wear, age, or obsolescence
- 3. consists of human made goods such as buildings and machines used to produce other goods and services
- 4. if it can continue in the face of limited supply of natural resources and the impact of growth on the environment
- 5. the improvement in labor created by the education and knowledge of members of the workforce
- 6. roads, power lines, ports, information networks, and other underpinnings for economic activity