Yr9 economics

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Across
  1. 7. Price Index (CPI): Measures consumer price changes over time.
  2. 8. Deficit: Importing more than exporting, leading to debt.
  3. 9. Rate: Cost of borrowing or return on investment.
  4. 11. and Demand: The interaction of what's available and what people want, determining prices.
  5. 13. One company controls a product or service.
  6. 14. Measures responsiveness to price or other factors.
  7. 15. Inequality: Uneven distribution of income and wealth.
Down
  1. 1. Unintended side effects of economic activities.
  2. 2. Cost: Value of the next best option given up.
  3. 3. Domestic Product (GDP): Total value of a country's goods and services.
  4. 4. Policy: Government spending and taxes to manage the economy.
  5. 5. Policy: Central bank manages money supply and interest rates.
  6. 6. Equilibrium: Stable price and quantity when supply equals demand.
  7. 10. Rising overall prices that decrease purchasing power.
  8. 12. Economy: Prices set by buyers and sellers, limited government involvement.