Macroeconomics Crossword by Kayla Brown

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Across
  1. 1. True or false: CPI stands for "Citizen Privilege Index"
  2. 5. A period between a peak and a trough where there is significant decline in economic activity
  3. 8. Which of these are the best determining factor of how an economy is performing? | a). Real GDP b). Nominal GDP c). CPI d). Government Spending
  4. 12. The end of a period of declining business activity
  5. 14. _______ unemployment occurs when there is a decrease in demand for labor based on the time of year
  6. 15. The share of the labor force without work
  7. 17. Real GDP grows for two or more consecutive quarters
  8. 18. _______ unemployment arises when workers are searching for new jobs or are transitioning from one job to another
  9. 19. True or false: GDP stands for "Gross Domestic Product"
  10. 20. All expenditures made by a government
Down
  1. 2. A sustained increase in an economy's real GDP
  2. 3. A cycle of economic expansion and contraction
  3. 4. Which branch of economics studies the behavior and decision making of the economy as a whole? | a). Microeconomics b). Free Market c). Environmental d). Macroeconomics
  4. 6. Which period comes first in a business cycle? | a). Trough b). Peak c). Recession
  5. 7. _______ unemployment is the result of a business not having enough demand for labor to employ all those looking for work
  6. 9. A sustained period of significant economic decline
  7. 10. The value of a country's total exports minus the value of its total imports
  8. 11. ______ unemployment is a longer-lasting form of unemployment caused by the economy
  9. 13. A measure of the average change over time in the prices paid by consumers for a representative basket of consumer goods and services
  10. 16. A rising general level of prices