Economic Terms Crossword$3.\_\_\_\_\_\_\_\_\_\_$is a short$-$term economic downturn.

$5.\_\_\_\_\_\_\_\_\_\_$ thinking is a purposeful evaluation of the available opportunities to make the best decision possible.

$6.\_\_\_\_\_\_\_\_\_\_$ thinking is the evaluation of whether the benefit of one more unit of something is greater than its cost.

$9.\_\_\_\_\_-\_\_\_\_\_$ is the total supply of final goods and services in an economy.

$11.\_\_\_\_\_\_\_\_\_\_$ appreciation is a currency's increase in value relative to other currencies.

$13.\_\_\_\_\_\_\_\_\_\_$ unemployment is unemployment caused by delays in matching available jobs and workers.

$15.\_\_\_\_\_\_\_\_\_\_$ is the voluntary exchange of goods and services between two or more parties.

$16.\_\_\_\_\_\_\_\_\_\_$ is a model that illustrates the combinations of outputs a society can produce if all of its resources are being used efficiently.

$18.\_\_\_\_\_\_\_\_\_\_$ risk is the risk that a borrower will not pay the face value of the bond on the maturity date.

$20.\_\_\_\_\_\_\_\_\_\_$ market is a market in which there are so many buyers and sellers that each has only a small impact on the market price and output.

$21.$ unemployment $\_\_\_\_\_\_\_\_\_\_$ is the percentage of the labor force that is unemployed.

$22.\_\_\_\_\_\_\_\_\_\_$ is a measure of the responsiveness of buyers and sellers to changes in price or income.

$25.\_\_\_\_\_\_\_\_\_\_$ is the study of the overall aspects and workings of an economy.

$32.\_\_\_\_\_-\_\_\_\_\_$ loss is the decrease in economic activity due to market distortions.

$33.$ currency $\_\_\_\_\_\_\_\_\_\_$ is a currency's decrease in value relative to other currencies.

$34.\_\_\_\_\_-\_\_\_\_\_$ is the economy's output level when the unemployment rate is equal to the natural rate of unemployment.

Down

$1.\_\_\_\_\_\_\_\_\_\_$is the purchase of final goods and services by households, excluding new housing.

$2.$ trade $\_\_\_\_\_\_\_\_\_\_$ is the condition occurring when imports exceed exports.

$4.\_\_\_\_\_\_\_\_\_\_$ gdp is measured in current prices and not adjusted for inflation.

$7.\_\_\_\_\_\_\_\_\_\_$ advantage is one producer's ability to make more than another producer with the same quantity of resources.

$8.\_\_\_\_\_\_\_\_\_\_$ is the market value of all final goods and services produced within a country during a specific period of time.

$10.\_\_\_\_\_\_\_\_\_\_$ rate is the price of foreign currency,