Economic and Business environment - Jake England

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Across
  1. 2. market the buying and selling of labour
  2. 4. a joint dependence between participants in an economy; that is, the reliance of consumers, workers,businesses and governments on each other
  3. 6. the point at which the demand and supply curves intersect
  4. 10. states that the quantity of a good or service demanded varies inversely to price
  5. 11. the cyclical fluctuations in the general level of economic activity
  6. 12. the creation of goods and services
  7. 15. the Reserve Bank using interest rates to achieve economic objectives
  8. 17. all activities that are undertaken for the purpose of production, distribution and consumption of goods and services in a region or country
  9. 18. goods and services sold by local businesses to overseas consumers
  10. 19. a general rise in prices across all sectors of the economy, causing money to lose its value
Down
  1. 1. the interaction of the forces of demand and supply that determines the price of a good or service
  2. 3. the swapping or exchanging of one good for another
  3. 5. is the process that sees people, goods, money and ideas moving around the world faster and cheaper than before
  4. 6. where the exchange of goods, services or resources between buyers and sellers occurs
  5. 7. a large business that has branches in more than one country
  6. 8. states that the quantity of a good or service supplied varies directly with price
  7. 9. the creation of goods and services
  8. 13. a relatively mild contraction in the level of economic activity resulting in reduced spending, rising unemployment and a slow rate of economic growth
  9. 14. regularly putting aside some money for future use
  10. 16. the price that must be paid in order to use someone else’s money