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Across
  1. 4. Doing or purchasing more at the beginning instead of later is called?
  2. 8. power The financial ability of a currency to buy things; when inflation is high, your money loses purchasing power because you can buy less with it.
  3. 9. of EU funds What is it called when a country uses European Union money effectively?
  4. 13. Which term describes making something stronger or more stable by combining parts?
  5. 14. Which term describes something that causes major changes or problems in normal operations?
  6. 16. The speed at which prices for goods and services go up over a specific period of time.
  7. 18. What do we call the paths or directions that objects or trends follow over time?
  8. 21. What word relates to politics and international relations between countries?
  9. 23. supply The total amount of all goods and services that all businesses in a country are willing and able to produce and sell.
  10. 24. shocks Sudden, unexpected global events (like wars or pandemics) that heavily disrupt the availability and increase the price of key resources like oil or wheat.
  11. 27. easing What do you call a government strategy of increasing spending or lowering taxes to stimulate the economy?
  12. 28. spiral A dangerous economic cycle where rising prices make workers demand higher wages, which increases company costs, forcing them to raise prices even more.
  13. 29. The ability to recover quickly after problems or difficulties.
  14. 30. What is it called when an asset, especially money, loses value over time?
  15. 31. inflation The total inflation figure reported to the public, calculated using absolutely all goods and services in the consumer basket.
Down
  1. 1. To make a problem or negative effect less severe is to do this.
  2. 2. How do you describe an economy or situation that is not changing or growing?
  3. 3. consumer spending What do we call the total amount of money all consumers spend in an economy?
  4. 5. Which word means to keep something under control or limit its movement or growth?
  5. 6. expectations What regular people and business owners predict the rate of inflation will be in the near future, which influences their current spending habits.
  6. 7. To prevent something from growing or developing is to do this to it.
  7. 10. inflation Inflation that occurs when the cost of producing goods (like worker wages or raw resources) goes up, forcing companies to increase retail prices.
  8. 11. inflation Inflation that happens when the general demand for products grows much faster than what the economy can physically produce.
  9. 12. A situation where inflation is still happening, but the speed of price increases is slowing down over time.
  10. 15. Price Index (WPI) A metric that measures the price changes of goods at the wholesale stage, meaning when businesses buy products in large volumes from factories.
  11. 17. Price Index (CPI) A major economic statistic that tracks the average price changes of a standard basket of goods used by regular households.
  12. 19. of living The amount of money a person needs to pay for basic everyday expenses like food, housing, and clothes.
  13. 20. What is the ability to outperform others in business or trade called?
  14. 22. inflation A specific type of inflation measurement tha
  15. 25. scenario What is the term for a normal prediction used as a comparison for other possibilities?
  16. 26. Price Index (PPI) An index that measures the average change over time in the selling prices received by domestic producers and factories for their output.