Aggregate Supply Policies

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Across
  1. 2. – The amount of output produced per unit of input. (12)
  2. 5. – Physical systems such as transport, energy and communication networks that support economic activity. (14)
  3. 7. – Investment in new ideas, processes, and technologies to drive innovation and efficiency. (8,3,11)
  4. 9. – Government spending on skills and knowledge development to improve labour productivity. (9,3,8)
  5. 10. – The total supply of goods and services available to a national economy at a given price level. (9,6)
Down
  1. 1. – The process of creating new ideas, products or methods to improve efficiency or quality. (10)
  2. 3. – Changes to the tax system designed to improve incentives and efficiency in the economy. (3,6)
  3. 4. – Programs to improve the skills and knowledge of workers. (8)
  4. 6. – The ability of a country to sell goods and services in international markets at attractive prices. (15)
  5. 8. – Using resources in a way that maximises output and minimises waste. (10)