Chapter 26 - Inflation

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Across
  1. 2. supply the stock of money in an economy, including notes and coins, bank deposits etc.
  2. 6. Period where the level of aggregate demand is falling.
  3. 8. ______ demand is the total demand in the economy including consumption, investment, government expenditure and exports minus imports
  4. 10. Rate at which prices rise, a general and continuing rise in prices.
  5. 11. very high levels of inflation; rising prices get out of control.
  6. 12. ___ _______ costs are costs to firms and consumers of searching for new suppliers when inflation is high.
  7. 13. Measure of the general price level, which includes housing prices and council tax
  8. 15. purchasing power of money is reduced when ______ rise
  9. 16. Inflation will result in a decline in business _________
Down
  1. 1. a group of economists who believe there is a strong link between growth in the money supply and inflation
  2. 3. When the rate of inflation is slowing.
  3. 4. inflation will lead to higher ______
  4. 5. what direction will the demand for exports go when there is high levels of inflation
  5. 6. _______ ____ inflation is inflation caused by too much demand in the economy relative to supply
  6. 7. Measure of the general price level (excluding housing costs)
  7. 9. _____ _____ inflation is inflation caused by rising costs
  8. 14. _____ costs are costs of having to make repeated price changes.