economics

3. What type of unemployment is caused by a mismatch of skills in the labour market?
7. ⁠What type of unemployment occurs when workers are between jobs temporarily?
9. The term for the maximum output an economy can produce is called ______ capacity.
11. ⁠The total number of people willing and able to work in an economy is called ______ force.
12. What index is used to measure inflation?
13. What measure is commonly used to track economic growth in a country?
14. What type of unemployment happens during certain seasons (e.g. tourism or farming)?
15. ⁠What type of unemployment is caused by a fall in aggregate demand in the economy?
18. An increase in real GDP is called ______ growth.
19. Real wage unemployment occurs when wages are inflexible above the ______ level.
20. Growth driven by changes in aggregate demand is called ______-side growth.
21. What type of inflation is caused by excess demand?

1. What is a sustained rise in the general price level called?
2. Short-run growth occurs when ______ resources are used more efficiently.
4. What happens to unemployment when economic growth increases? (general relationship)
5. ⁠Inflation causes a decrease in ______ power.
6. ⁠Central banks aim to achieve price ______ by controlling the money supply.
8. Long-run economic growth occurs when there is an increase in the ______ potential of an economy.
10. Inflation leads to a ______ in the real value of savings.
16. What type of inflation is caused by higher production costs?
17. What is the difference between the labour force and those actually employed called?