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