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Chapter 2 Economic Activity

Horizontales
Ownership in a corporation
The production output in relation to a unit of input
Government spends less than it takes in
Total value of all final good
A phase marked by a prolonged period of high unemployment
An increase in the general price level
Verticales
A period in which demand begins to decrease
The total amount owed by the federal government
The debt of an organization
The movement of the economy from one condition to another and back again
A period in which most people who want to work are working
Government spends more than it takes in.
The cost of money