Macro Crossword

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Across
  1. 3. if there are __ labourers, the firm can choose wage freely
  2. 5. (net investment)/[Y(t)-Y(t-1)] generates this accelerator
  3. 6. a shirking labourer's dividend
  4. 8. states that an increase in the rate of output of a firm will require a proportionate increase in its capital stock
  5. 9. elasticity of wage with respect to effort at optimum
Down
  1. 1. time-path moving away from equilibrium
  2. 2. Central Bank is ___ of Currency
  3. 4. efficiency wage is inversely related to
  4. 5. MEI and investment are ___ related
  5. 7. this income defines consumption in Samuelson's Model