Across
- 1. prices they are used in a base year
- 3. deflator the price index of all domestically produced goods and services
- 5. rider someone who does not pay to use a public good
- 6. budget government revenue equaling government expenditure
- 7. cycle fluctuations in economic activity
- 8. out the idea that higher government spending will just replace private spending
Down
- 2. an increase in the international price of a currency caused by market forces
- 4. economy an economy that does not trade with other economies