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Econ Puzzle #5

Name ______________________________
Date ___________
Period #___
Across
The poverty ___ is the specific level of income for a family of 4 that determines if you are considered impoversed.
The term ___ cycle refers to the economy wide fluctuations in production, trade and general economic activity.
___ is the total value of goods and services produced for one year in a country.
A ___ is a government license conferring a right to produce a good for a specific period of time.
The process of becoming outdated and no longer used may be referred to as?
___ economics is the study of the entire economy.
The principle that hard work is intrinsically virtuous is known as a work?
Down
The economic terms explaining a benefit by a 3rd party is known as a______.
The part of economies concerned with ___ -scale economic factors such as national productivity.
___ is the total value of goods and services produced by a country at home and abroad.
__ economics is the study of small portions of the economy.
____ services are government services intended to provide a minimal level of support.
Welfare is a term used to describe the _____ distributed by government entities to support low income Americans.
A ___ is a sum of money given by the government for a particular purpose.