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GDP lesson

Across
Expenditures made by the household sector
Gross domestic product that has been adjusted for price changes
The most widely used price index
A measure of the price level, or the average level of prices
A curve that shoes the quantity of goods and services that producers are willing and able to supply at different price levels
The total market value of all final goods and services produced annually in a country
The amount spent by Americans for foreign-produced goods
Counting a good more than once in computing GDP
The amount spent by the residents of other countries on goods produced in the United States.
Expenditures made by the business sector
Down
To try to avoid or lessen a loss by taking some counterbalancing action
An increase in the price level that originates on the supply side of the economy
An increase in the price level, or average level of prices
The average number of times a dollar is spent to buy final goods and services in a year
A curve that shows the quantity of goods and services that buyers are willing and able to buy at different price levels
Expenditures made by the government sector
A benchmark year chosen as a point of reference for comparison