Economic Indicator
Across
- 2. The labour force consists of all workers actively - plus the unemployed who are seeking work
- 3. Inflation _consumers' purchasing power
- 7. Expansionary fiscal policy _government spending or reduces taxes to boost household income and consumption
- 11. GDP per - = GDP ÷ the population
- 12. is a financial aid provided by the government to manufacturers
- 13. policy is a demand-side policy that aims to influence total demand in an economy by adjusting government taxation and spending.
- 15. The CPI (consumer price index) is a _ index of the basket of goods and services used to measure inflation
- 16. Changing social _ have increased the number of women entering the workforce.
- 19. _-side policies that improve productivity and reduce costs aim to tackle cost-push inflation.
- 20. Part-time work provides more _ for workers
- 21. Unemployment is when someone is _ working but actively seeking work.
Down
- 1. Demand-side deflation is caused by a fall in _ demand in the economy.
- 4. feels more burdensome during deflation as the real value of debt increases while the price level falls.
- 5. Persistently falling prices can make exports more _ to foreign buyers during deflation.
- 6. is the economic use of labour as a factor of production.
- 8. can be caused by both demand-side and supply-side factors.
- 9. growth is the increase in the productive potential of an economy, occurring when there is an increase in the quantity or quality of the factors of production.
- 10. Count counts the number of people claiming unemployment benefits.
- 14. Monetary policy _ interest rates to boost growth
- 17. rate =(those actively seeking work ÷ total labour force) x 100
- 18. During a recession, national output (real GDP)