Macroeconomics & GDP Crossword Puzzle

QUESTIONS LIST:

• domestic : what the d stands for in gdp
• depreciation : the process by which capital ages over time and therefore loses its value
• recession : a significant decline in national output
• nominal : _ value, the economic statistic actually announced at that time, not adjusted for inflation
• depression : an especially long and deep decline in output
• gross : what the g stands for in gdp
• trade balance : gap between exports and imports
• real : _ value, an economic statistic after it has been adjusted for inflation
• capita : gdp per _ , gdp per person in the population
• inventory : good that has been produced, but not yet been sold
• double counting : a potential mistake to avoid in measuring gdp, in which output is counted more than once as it travels through the stages of production
• intermediate : _ good, output provided to other businesses at a stage in the middle of production, not for final users
• surplus : trade _ , exists when a nation's exports exceed its imports
• deficit : trade _ , exists when a nation's imports exceed its exports
• exchange rate : the price of one currency in terms of another currency
• durable : _ good long-lasting good like a car or a refrigerator