Across
- 2. printing of money by government
- 7. An indicator of a country's economic competitiveness in international trade
- 9. presented on 1st of february every year
- 10. rubber bands have a lot of it
- 11. Chain reaction of wage and price increases causing inflation
- 13. The impact of this on the UK's economy is still being debated
- 14. paradoxical product
- 16. tax
- 17. unseen force that guides market economy
- 19. Consumption smoothing model suggesting that people aim for a steady standard of living across their lifespan
- 20. Margaret Thatcher's hallmark economic policy
Down
- 1. condition for all competitive equilibria
- 3. The Federal Reserve's current monetary policy framework
- 4. A syndicate that monopolizes a particular industry or commodity
- 5. Protectionist economic policy
- 6. Amartya Sen and Mahbub ul Haq are credited with developing this index in 1990
- 8. A type of currency issued by a government that shares its name with a car brand
- 12. An economic concept where increased government spending reduces private investment
- 15. Adam Smith's doctrine
- 18. It's said that when life gives you these, make lemonade
