Macro
Across
- 4. amount in which federal government spending exceeds its tax revenues (2)
- 6. actions taken by the Federal Reserve
- 7. the amount of unemployment that exists when the economy is healthy and growing
- 10. Wages, Interest Payments, Rent, Profits
- 12. the ease with which an asset can be converted to cash
- 16. goods and services sold to foreign nations
- 18. all other things equal (2)
- 20. tools used for the production of goods and services (2)
- 21. C+I+G+Xn
- 22. in terms of trade if you have the output numbers you would use
- 24. goods and services produced in foreign nations
- 26. no cyclical unemployment (2)
Down
- 1. knowledge and skills (2)
- 2. number unemployed + number employed (2)
- 3. changes in the labor force make some jobs obsolete (2)
- 5. money in general use
- 8. the additional benefit of consuming one more unit of some good or service (2)
- 9. the additional cost of producing one more unit of output (2)
- 11. government spending and taxation (2)
- 13. an increase in the general level of price in an economy
- 14. payment made for the use of borrowed money
- 15. ownership share in a company
- 17. in terms of trade if you have the input costs you would use
- 19. also known as government securities
- 23. total revenue of a firm less its costs
- 25. payment of funds by a government to a business