Across
- 2. price index that measures the inflation of a market basket
- 3. This is a cycle that shows the rise and fall of economic activity
- 6. the bottom of the business cycle
- 8. a time when real GDP is growing
- 9. the most liquid type of money
- 11. this is the curve that shows how much people want money
- 13. this is the extra money that banks hold
- 16. word that describes policies that shift AD left
- 17. a collection of goods that are used to calculate CPI
- 18. the top of a business cycle
- 19. the measure of how easily an asset can be converted to cash
- 20. the change in consumption due to a change in income
Down
- 1. a prolonged recession
- 4. money that is borrowed from a bank
- 5. calculated with C+I+G+Xn
- 7. this is the fraction of money a bank has to hold
- 10. This is a curve that shows the sum of consumption
- 12. this curve shows the possible amount of goods a country can produce
- 14. a certificate that represents a share of a firm
- 15. the loss of money's value