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