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