Across
- 4. the branch of economics that focuses on the performance, structure, behavior, and decision-making of an entire economy
- 5. category of GDP which includes capital expenditures that businesses make to produce goods and services to sell to consumer
- 7. the most common measure of output of an economy
- 9. the accumulated knowledge (from education and experience), skills, and expertise possessed by the average worker in an economy
- 10. severe or prolonged recession
- 12. applying the inventions to new products or services
- 13. the combination of invention
- 14. money spending for the various capital projects that are provided by every level of government
- 16. GDP which is adjusted for inflation
- 17. the goods and services purchased from another country
- 18. The total value of a nation’s production of goods and services
- 19. the money spent by consumers.the largest component of GDP
- 20. GDP which is not adjusted for inflation
Down
- 1. the branch or economics that focuses on economic decisions of individuals, households, and businesses
- 2. a fall in the level of real GDP
- 3. the wave-like GDP cycles of varying length and amplitude
- 6. (export) - (import)
- 8. the value of one currency in terms of another currency
- 11. a component include plants, equipment, and infrastructure operating in economy
- 15. goods and services produced in Canada, but sold to other countries
