Macroeconomics 2

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Across
  1. 5. type of unemployment caused by a downturn in the economy
  2. 7. when money gives you information about the value of a product
  3. 12. what the Federal Reserve Bank is primarily using to control inflation
  4. 16. someone who is looking for work, under 16, did not earn a paycheck last week is this
  5. 17. when GDP has been adjusted to reflect another year's prices
  6. 19. all the spending done by businesses
  7. 20. series of expansions and contractions in the economy
  8. 21. policy where the government adjusts taxes and spending in order to change GDP
  9. 22. total GDP divided by population
  10. 24. when the economy produces more GDP
  11. 28. when money is used to trade for something else
  12. 30. policy where the Federal Reserve Bank adjusts the amount of money in the economy to change GDP
  13. 32. the price of money
  14. 35. way to calculate GDP using consumers, investors, government, net exports
  15. 38. payments made by the government where they move money from one person to another
  16. 39. for developed countries, we would expect per capita GDP to be (higher/lower)
  17. 40. a product being sent to another country
  18. 41. all the "stuff" consumers buy in an economy
Down
  1. 1. literacy rate, infant mortality rate, ife expectancy are all
  2. 2. how much your dollar can buy
  3. 3. general rise in prices
  4. 4. total value of all final goods and services produced in an economy
  5. 6. something which can be used as money but has value in and of itself
  6. 8. these are loans to the government or a company
  7. 9. side effect of a decision
  8. 10. tax structure where the more income someone earns, the greater percentage of taxes is taken
  9. 11. tax structure where the more income someone earns, the less percentage of income is taken in taxes
  10. 13. very rapid inflation
  11. 14. central bank of the United States of America
  12. 15. way to calculate GDP using wages, rent, interest, profit
  13. 18. the curve that fiscal and monetary policies are primarily trying to manipulate
  14. 21. money is money because we say it is money
  15. 23. when you save it, money will keep its value
  16. 25. spending in the economy done by foreign countries
  17. 26. a product being brought into a country
  18. 27. on the y axis of the aggregate demand / aggregate supply graph
  19. 29. diagram showing the movement of money one way and goods the other way
  20. 31. the income level below which, income is insufficient to support a haousehold
  21. 33. type of unemployment when people are moving from job to job, always present in the economy
  22. 34. total amount of money in the economy
  23. 36. someone who is working less hours than he would like is this
  24. 37. type of unemployment caused by the changing nature of the economy