Economic Crossword Puzzle

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Across
  1. 1. Keynes believed government, businesses, and _________ caused shifts in the business cycle.
  2. 3. Smith believed the ideal economic system shouldn’t be under whose control?
  3. 4. Smith believed in the “________ ____” of the market.
  4. 6. Keynes inspired a school of ________ _______ about the government.
  5. 7. Keynes envisioned role of government spending as a ______________ to changes in investment spending.
  6. 11. What did Smith’s ideas rest on?
  7. 15. Keynes’ model was known as the aggregate ______-_________ model.
  8. 17. Something we’d like but isn’t necessary for survival.
  9. 22. Until when was Keynes considered a conventional economist?
  10. 23. Where was Smith educated?
  11. 26. Smith elevated economics to the status of _______.
  12. 27. Smith criticized cutthroat, “dog-eat-dog” _________.
  13. 28. Where was Keynes educated?
  14. 29. Another key component of demand-side-policies is the role of __________ __________.
Down
  1. 2. What book is Smith known for?
  2. 5. What was Adam Smith?
  3. 8. During what time did the U.S. and most of Europe use Keynes’ economic theories?
  4. 9. After the war, Keynes was a representative at the _______ _____ Conference.
  5. 10. Where did Smith teach?
  6. 12. Term used for a change in investment spending will have a magnified effect on total spending.
  7. 13. A tool or good that’s used by businesses to produce other products.
  8. 14. A term used to suggest only a relatively small amount of government spending was needed to intimate a bigger round of overall spending in the economy.
  9. 16. Term used for broad social programs that use established eligibility requirements to provide income supplements.
  10. 18. Term that refers to a worth that can be expressed in dollars and cents.
  11. 19. Activist fiscal policies are derived from _________ ________.
  12. 20. What language was Smith’s book written in?
  13. 21. Smith used historical and illustrative examples to critique ________ ______.
  14. 24. Term used for change in overall spending caused by a change in investment spending.
  15. 25. Who is the father of economics?
  16. 27. In his book, Keynes stressed the ________ didn’t cause shifts in the business cycle.