Keynesian Economics

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Across
  1. 1. The tendency of prices to change slowly in response to changes in supply and demand.
  2. 3. Theoretical relationship between inflation and unemployment, showing an inverse relationship in the short run.
  3. 5. An effect that concerns a phenomenon where a change in one economic variable leads to a more significant changes.
  4. 9. The demand for goods and services in an economy.
  5. 10. The supply for goods and services in an economy.
  6. 11. A policy aimed at reducing aggregate demand to govern inflationary pressures.
Down
  1. 2. A policy Policies geared toward stimulating financial growth and decrease unemployment.
  2. 4. Policies or measures aimed at increasing aggregate demand in a recession.
  3. 6. A policy that concerns taxation and spending aimed at influencing economic conditions.
  4. 7. Government policies concerning the control of money supply and interest rates aimed at influencing economic conditions.
  5. 8. A sharp decline in economic activity that lasts for a few months, usually characterized by a decline in GDP, employment and investment.