Economics Crossword

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Across
  1. 1. policy enacted by the government
  2. 3. unemployment caused by people getting laid off
  3. 7. health of the economy is measured in GDP ___
  4. 9. when government spending exceeds tax revenues
  5. 11. increased strength of currency compared to other currencies
  6. 12. measures price levels in economy: GDP ___
  7. 14. sustained decline in economic activity
  8. 16. 1/reserve ratio
  9. 19. sustained rise in prices in the economy
  10. 21. improvement in economic activity
  11. 22. productive equipment
  12. 23. policy enacted by the fed
  13. 26. government spending is less than tax revenues
  14. 27. output per unit of input
  15. 28. IOUs that the government issues when it borrows money
  16. 29. decreased strength of currency compared to other currencies
  17. 30. inflation caused by an increase in demand
Down
  1. 2. economic system where supply and demand determine prices
  2. 4. an increase in interest rates when the government borrows money
  3. 5. unemployed because the person is between jobs
  4. 6. conflict caused by limited resources and unlimited wants
  5. 8. the cost of borrowing money
  6. 10. coins and paper money
  7. 13. money the banks have to set aside and not loan out
  8. 15. inflation caused by increased resource prices
  9. 17. an economy with foreign trade
  10. 18. land,____, capital,entrepreneurship
  11. 20. when an economy experiences inflation and recession simultaneously
  12. 24. C+Ig+G+Xn
  13. 25. where demand and supply prices meet
  14. 26. unemployed because of a mismatch of skills