Connor Flaherty's Business CBA 2: Inflation:
Across
- 3. A way of measuring inflation
- 7. An institution that manages currency, another word for a central bank.
- 9. Assumed inflation forces workers to demand higher wages to cope with inflation.
- 12. The size or quantity of a product/service is reduced while being sold at the same price.
- 13. Household Budgeting Survey.
- 15. Someone who buys goods and services for their own use.
- 16. High inflation with high unemployment, little demand reduce economic growth.
- 18. The rate of inflation that is less than the previous year.
- 19. A measure to show the overall health of an economy.
Down
- 1. The scarcity of an item drives up its price.
- 2. A rapid rise in prices in an unpredictable mannner.
- 4. Central Staisitcs Office.
- 5. From the 1990s to the 2000s, where Ireland experienced high economic growth before the major recession in 2007/2008.
- 6. A form of government income
- 8. Cost of production is passed to the consumer due to higher business costs.
- 10. The rise in prices and the decline of purchasing power.
- 11. Raw materials that are imported cost more which drives up the initial price.
- 14. The quality of a product/service is reduced while being sold at the same price.
- 17. The rate of inflation where it is less than 0.