Across
- 3. It indicates the quantity of goods and services that companies, households and the government are prepared to purchase at different prices
- 5. this phase is a phase of hope
- 8. a change frequently in size, amount quality.. especially from one extreme to another
- 9. this cyclical model examines the correlation between electoral and economic cycles
- 10. This is the reason for the tendency of impulses to acquire their own momentum
- 11. KOF barometer is a ...indicator
- 13. this theory states that changes in demand trigger disproportionate changes in investment
- 14. this theory states that changes in the demand trigger disproportionate changes in income and employment
- 17. consumption is a ...indicator
- 18. slowdown
- 19. as a result of high prices the demand will ...at the end of a boom
- 20. unemployment rate is a ...indicator
Down
- 1. this cyclical theory regards the change in the money supply as the cause of cyclic fluctuations
- 2. it indicates how many goods and services could be produced as a maximum if all the available production factors were used to full capacity.
- 3. it records the relationship of the overall quantity of goods supplied at a certain price level
- 4. a deep valley of economic activities
- 6. a decrease in GDP during at least two consecutive quarters
- 7. Investment creates capacity which contributes to production potential
- 12. During the production of capacity income is created that is converted into demand
- 15. this cyclical theory identifies the alternating waves of pessimism and optimism as the cause of cyclical fluctuations
- 16. opposite of a slump