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Unit 3

Across
Value comes from the item of which its made
Reduction of the general level of prices in an economy
Consists of growth, stagnation, and decline
Recovery from recession
Inflation more than 500 percent a year
Measure of national output (goods and services)
Measures changes in price over time
Economy is in a decline, before trough
Money due to the government decree
Unemployment that always exists and relatively stable over time
Sum of employed and unemployed persons who are 16 years and older and actively seeking employment
Raising of prices and falling in purchasing value of money
Down
Function of money that can be saved for later use
Changes in the business cycle
Needing what someone has and having what someone needs
Lowest possible employment rate
Change in economy that reduces demand for workers and their skills
Lowest legal price a commodity can be sold at
Workers are between jobs
After peak and before trough