Crossword
Across
- 4. Doing or purchasing more at the beginning instead of later is called?
- 8. power The financial ability of a currency to buy things; when inflation is high, your money loses purchasing power because you can buy less with it.
- 9. of EU funds What is it called when a country uses European Union money effectively?
- 13. Which term describes making something stronger or more stable by combining parts?
- 14. Which term describes something that causes major changes or problems in normal operations?
- 16. The speed at which prices for goods and services go up over a specific period of time.
- 18. What do we call the paths or directions that objects or trends follow over time?
- 21. What word relates to politics and international relations between countries?
- 23. supply The total amount of all goods and services that all businesses in a country are willing and able to produce and sell.
- 24. shocks Sudden, unexpected global events (like wars or pandemics) that heavily disrupt the availability and increase the price of key resources like oil or wheat.
- 27. easing What do you call a government strategy of increasing spending or lowering taxes to stimulate the economy?
- 28. spiral A dangerous economic cycle where rising prices make workers demand higher wages, which increases company costs, forcing them to raise prices even more.
- 29. The ability to recover quickly after problems or difficulties.
- 30. What is it called when an asset, especially money, loses value over time?
- 31. inflation The total inflation figure reported to the public, calculated using absolutely all goods and services in the consumer basket.
Down
- 1. To make a problem or negative effect less severe is to do this.
- 2. How do you describe an economy or situation that is not changing or growing?
- 3. consumer spending What do we call the total amount of money all consumers spend in an economy?
- 5. Which word means to keep something under control or limit its movement or growth?
- 6. expectations What regular people and business owners predict the rate of inflation will be in the near future, which influences their current spending habits.
- 7. To prevent something from growing or developing is to do this to it.
- 10. inflation Inflation that occurs when the cost of producing goods (like worker wages or raw resources) goes up, forcing companies to increase retail prices.
- 11. inflation Inflation that happens when the general demand for products grows much faster than what the economy can physically produce.
- 12. A situation where inflation is still happening, but the speed of price increases is slowing down over time.
- 15. Price Index (WPI) A metric that measures the price changes of goods at the wholesale stage, meaning when businesses buy products in large volumes from factories.
- 17. Price Index (CPI) A major economic statistic that tracks the average price changes of a standard basket of goods used by regular households.
- 19. of living The amount of money a person needs to pay for basic everyday expenses like food, housing, and clothes.
- 20. What is the ability to outperform others in business or trade called?
- 22. inflation A specific type of inflation measurement tha
- 25. scenario What is the term for a normal prediction used as a comparison for other possibilities?
- 26. Price Index (PPI) An index that measures the average change over time in the selling prices received by domestic producers and factories for their output.