Principles of Business

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Across
  1. 2. anything that your business owns
  2. 5. A measure of the total value of goods and services produced in a country
  3. 7. A period of declining economic activity marked by falling GDP.
  4. 10. An increase in the general price level of goods and services
  5. 12. A document that details an employee's earnings and deductions
  6. 14. firm revenue as a % of total revenue in the marketplace
  7. 15. The lowest point of the business cycle, signaling the end of a recession.
  8. 16. any debt that your business owes
Down
  1. 1. A business owned and operated by a single individual
  2. 3. The stage of the business cycle when economic activity is growing
  3. 4. A business with two or more owners sharing responsibilities and profits.
  4. 6. The highest point of economic activity before a downturn.
  5. 8. The amount of money an employee takes home after deductions
  6. 9. The amount of money earned before deductions are taken out.
  7. 11. A deduction from pay that goes toward government programs like Social Security
  8. 13. A legal entity separate from its owners, often owned by shareholders