Economics

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Across
  1. 4. Expenditure by firms on capital goods, part of aggregate demand.
  2. 7. Unemployment that occurs due to a mismatch of skills in the labor market.
  3. 8. Short-term unemployment experienced by people who are between jobs.
  4. 9. A type of structural unemployment caused by advances in automation and technology.
  5. 10. A key component of aggregate demand, representing the total goods and services purchased.
  6. 11. Goods and services sold to foreign countries, contributing to aggregate demand.
Down
  1. 1. The largest component of aggregate demand, representing household spending.
  2. 2. Goods and services purchased from abroad, subtracted from aggregate demand.
  3. 3. Unemployment that occurs due to changes in demand at different times of the year.
  4. 5. Type of unemployment caused by a downturn in the business cycle.
  5. 6. A gap that occurs when aggregate demand exceeds aggregate supply.