Macro-economics

2. I account for the value of goods and services produced by citizens, whether at home or abroad.
4. The situation where aggregate demand exceeds aggregate supply.
7. I am the long-term relationship between the quantity of output and price levels in an economy.
9. calculated by adding wages, profits, rents, and interest earned in a country.
10. short-term debt instrument issued by the government to borrow funds.
12. The portion of income not spent but saved for future consumption.
13. the general increase in prices over time, reducing the purchasing power of money.

1. the percentage of the labor force that is jobless and actively seeking employment.
3. Total demand for goods and services in an economy at a given price level.
5. the total value of all goods & services produced in a country in a year
6. I refer to the market where currencies are traded.
8. the spending and revenue collection activities of the government.
11. I am the economic phenomenon where demand for goods and services decreases during a downturn.
14. I measure the value of goods and services produced domestically, excluding depreciation