Recession_Crossword.pdf

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Schoolhouse Test

Name:

1

D

2

3

U

4

5

6

7

8

N

9

10

11

G

12

13

U

14

ACROSS

1. job losses as businesses look to control costs

3. (8 and 6) Having a mortgage which is larger

than the value of your home

6. a downturn more severe and prolonged than a

recession

8. the main UK measure of inflation

9. (3 and 5) mortgage borrowers who are high-risk

and the loans which are sold to them

10. fast-growing developing nations who might

avoid the worst of the global downturn

12. regular fluctuations in output, demand and

profits

13. cutting the price of a product to generate sales

and improve cash flow

14. (3 and 4) A loan which is uncollectible and has

been written off as a loss by the creditor

DOWN

1. a new issue of shares by a company looking to

improve their financial capital

2. a situation where a person or business is no

longer able to pay their debts

4. a stock market in which share prices fall

precipitously, typically 15%-20%

5. payout from shares, many businesses are

cutting these in a recession

7. oil producer cartel who may suffer if a global

slump leads to lower demand for crude

11. monetary value of all goods and services

produced by an economy

Eton College

Total Grade

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