Economics Crossword

4. ⁠What occurs when the average price level increases but at a decreasing rate than before?
5. The __ can intervene in different ways to alleviate different forms of unemployment depending on where they stem from.
6. _ is the sustained increase in average price level of goods/services in an economy.
10. According to the natural rate of unemployment, full employment does not mean that everyone in the __ population is willing to work.
11. _ Inflation is caused by excess demand in the economy.
15. Increase in investment causes the ____ Demand (AD) curve to shift to the right
17. What kind of unemployment is caused by a mismatch between jobs and skills? __ Unemployment
19. Economic Growth can occur in Long run and __ run
20. An increase in economic growth usually leads to higher standards of __ for people.
21. State of the economy when growth rates are: 6%, 4%, −2%, −7%, −5%.

1. Consumers are impacted in inflation due to the decrease in __ power
2. Air pollution is the example of negative ____
3. In SRPC, there is always __ and Structural unemployment.
7. Unemployment has diverse effects on the economy. In firms long-term unemployment may lead to a loss in Production __, leading to a decrease in supply.
8. The Monetarist model states a decrease in money supply causes _.
9. Increase in the cost of production causes _ inflation.
12. A situation where people are actively looking for jobs but cannot find work.
13. Alfred is a pensioner over the age of 70, which means he isn't a part of the __ force
14. Economic Growth in Long Run involves the factor of __
16. Economic growth is measured by the increase in a country’s total __ over time.
18. Investment in infrastructure and technology can help improve economic __.