Economic Cycle, Signals and Indicators Crossword Puzzle
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QUESTIONS LIST:
- indicators : statistics that provide information about the performance of the economy and its position in the business cycle
- gdp : the total value of goods and services produced within the borders of a country during a specific time period, usually one year.
- business cycle : a cycle or series of cycles of economic expansion and contraction; peak, downswing, trough, upswing (2 words)
- unemployment : _ rate - the percentage of the nation's labour force that is unemployed (2 words)
- inflation : increase in the price level from one year to the next
- hyperinflation : a very rapid rise in the price level; an extremely high rate of inflation.
- participation : _ rate - the percentage of the working-age population in the labour force (2 words)
- circular : _ flow model - a visual model of the economy that shows how dollars flow through markets among households and firms. (3 words)
- labour : the effort expended by an individual to bring a product or service to the market.
- land : renewable and non-renewable resources.
- capital : resources that are converted into goods not directly consumed are used to produce other goods
- enterprise : ability that initiates the production process by organizing and combining all necessary factors of production