Chaim Rosenthal - 4th Hour Econ

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Across
  1. 4. Inflation increasing at a rate of more than 50%
  2. 8. The Government spends less than it collects in revenue. This is called a(n): (2 words)
  3. 9. The Government's annual plan for taxing and spending (2 words)
  4. 12. Raising this lowers the amount of money that banks can lend out
  5. 15. Yarn that has been bought and then knitted into a hat and sold is considered a(n): (2 words)
  6. 16. The amount of interest that banks need to pay on borrowed money (2 words)
  7. 18. During this phase in the business cycle the GDP is at its lowest
  8. 19. High Inflation + Recession
  9. 20. Lowering taxes will ________ aggregate demand
Down
  1. 1. The percentage of the labor force that doesn't have a job (2 words)
  2. 2. The Government's largest source of revenue (2 words)
  3. 3. The type of goods that count toward GDP (2 words)
  4. 5. The Government increasing and decreasing aggregate demand (2 words)
  5. 6. this bank for banks was created by Congress in 1913 (3 words)
  6. 7. Decreasing GDP
  7. 10. The CPI is 4% or less (2 words)
  8. 11. Poor people pay a higher percentage of their revenue in tax
  9. 13. A citizen of Brazil purchases a USA made surfboard. This would be considered a(n): (2 words)
  10. 14. If there is high inflation, the Fed and the Government should perform this kind of policy
  11. 17. GDP stands for this (3 words)