Across
- 2. - Type of inflation, when inflation rises to ten percent or greater.
- 5. - Part of the population consisting of working aged people without a job and seeking a job during a certain time under the law.
- 9. - The unemployment which exists in any economy due to people being in the process of moving from one job to another.
- 11. - Curve which shows the short run trade off between inflation and unemployment.
- 12. - Turning point from prosperity to recession.
- 13. - Unemployment resulting from industrial reorganization, typically due to technological change, rather than fluctuations in supply or demand
- 15. - Turning point from depression to expansion.
- 17. - Inflation where rate is over 200%
Down
- 1. - An increase in the overall price level in the country.
- 3. - Continuous decrease in output, income,employment.
- 4. - Inflation in which the percentage increase in the level of prices over a given period that is expected by participants in an economy.
- 6. - Cycle where regular changes of main macroeconomics indicators.
- 7. - Unemployment that results when the overall demand for goods and services in an economy cannot support full employment.
- 8. - Phase where there is an expansion of output, income,employment and rise in standard of living.
- 10. - A situation of overproduction.
- 14. - Inflation where rate is up to 10%
- 16. - Law that describes the relationship between changes in unemployment and changes in real GDP.