Chapter 2 - Economic Environment

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Across
  1. 2. - Has elements of both state and market economy
  2. 6. - Type of account used to calculate value of goods and services in and out of the country
  3. 7. - Frequency of the MPC meetings
  4. 9. - This type of trade is made up of goods and services
  5. 11. Easing - Central bank creates money to buy assets etc from private companies, pushing more money into the economy
  6. 14. Policy - Allows adjustments to interest rates and money supply
  7. 15. Central Bank - Sets monetary policy for Eurozone
  8. 16. - Account used for international transactions
  9. 19. Policy - Allows adjustments to the economy using government spending and taxes
  10. 20. - Measures a country's output (anagram)
  11. 21. - Measures household spending including mortgages in the UK (anagram)
  12. 22. - This type of economy has few barriers to trade
Down
  1. 1. Controlled - Government decide what is produced and how it is distributed
  2. 3. - General fall in prices
  3. 4. - What at the MPC primary focus?
  4. 5. Price Index - Measures a basket of goods in Europe, excluding mortgages
  5. 8. - Trade made up of manufactured goods and raw material
  6. 10. Bank - Acts as banker to the banking system, and government
  7. 12. - A country that exports more than it imports has a trade.....
  8. 13. Management Office - They manage the national debt
  9. 17. - Shortfall in government spending compared to what it collects in taxes
  10. 18. - This type of economy is based on supply and demand
  11. 19. - Lender of last resort in America