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ECONOMICS CROSSWORD

Across
the series of growing and shrinking periods of economic activity, measured by increases or decreases in real gross domestic product.
the percentage of the labor force that is jobless and actively looking for work.
the market value of all final goods and services produced within a nation in a given time period.
a timeperiod of economic growth where there is an increase in a nation’s real GDP.
a sustained rise in the general price level, or a sustained fall in purchasing power of money.
describes periods during which prices rise at the same time that there is a slowdown in business activity.
Down
a business owned and controlled by one person
the combination of vision, skill, ingenuity, and willingness to take risks that is needed to create and run new businesses.
is a prolonged economic contraction lasting two or more quarters (six months or more.)
a business owned by shareholders, also called stockholders, who own the rights to the company’s profits but face only limited liability for the company’s debts and losses.
a business co-owned by two or more people, or “partners”, who agree on how responsibilities , profits, and losses should be divided.
is an extended period of high unemployment and reduced business activity.
a timeperiod of economic decay where there is a decrease in a nation’s real GDP.