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AP ECON REVIEW

Author: eberhart
Across
A rise in the average level of prices in the economy over time.
Any object that an be used to facilitate the exchange of goods and services
The difference between a country's total value of exports and total value of imports.
The total amount of goods and services that all the firms in all the industries in a country will produce at various price levels in a given period of time.
Unemployment caused by changes in the structure of demand for good and technology; replaced by a robot
Unemployment caused by a fall in AD in a nation
When a country can produce the good using fewer resources than another country or individual.
A decrease in the average price level of a nation's output overtime
Down
When one can produce particular product at a lower opportunity cost
Unemployment of workers who have employable skills who are between jobs
A schedule or curve that shows the total quantity demand for all goods and services of a nation at various price levels at a given period o time.
An increase in the value if one currency relative to another, resulting from an increase in demand for or a decrease in supply of the currency on the foreign exchange market
Something is scare when it is both desired and limited in supply. Basic economic problem
A certificate of debt issued by a company or government to an investor
A contraction in total output of goods ad services in nation between two periods.