Chapter 3 Vocab - Alex Kyuk

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Across
  1. 5. when a government's revenue exceeds its expenditures during a one-year period
  2. 7. result of adding numbers
  3. 9. difference when government spends more on programs than it collects in taxes
  4. 11. general increase in the price of goods and services
  5. 13. total value of goods and services a country produces in a year
  6. 16. portion of time determined by some recurring phenomenon
  7. 17. total amount of money a government owes
  8. 18. employing measures to obtain or accomplish
  9. 19. definite course or method of action
Down
  1. 1. level of material comfort measured by goods and services that are available
  2. 2. special importance or significance
  3. 3. peak if economic activity
  4. 4. deep recession that affects the entire economy and lasts for several years
  5. 6. rise and fall of economic activity over time
  6. 7. to change place, position, or direction
  7. 8. general decrease in the price of goods and services
  8. 10. marked by extraordinarily great size, number, or degree
  9. 12. the state of decreasing
  10. 14. rise in business after a recession or depression
  11. 15. economic activity slows down