Economic Indicator

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Across
  1. 2. The labour force consists of all workers actively - plus the unemployed who are seeking work
  2. 3. Inflation _consumers' purchasing power
  3. 7. Expansionary fiscal policy _government spending or reduces taxes to boost household income and consumption
  4. 11. GDP per - = GDP ÷ the population
  5. 12. is a financial aid provided by the government to manufacturers
  6. 13. policy is a demand-side policy that aims to influence total demand in an economy by adjusting government taxation and spending.
  7. 15. The CPI (consumer price index) is a _ index of the basket of goods and services used to measure inflation
  8. 16. Changing social _ have increased the number of women entering the workforce.
  9. 19. _-side policies that improve productivity and reduce costs aim to tackle cost-push inflation.
  10. 20. Part-time work provides more _ for workers
  11. 21. Unemployment is when someone is _ working but actively seeking work.
Down
  1. 1. Demand-side deflation is caused by a fall in _ demand in the economy.
  2. 4. feels more burdensome during deflation as the real value of debt increases while the price level falls.
  3. 5. Persistently falling prices can make exports more _ to foreign buyers during deflation.
  4. 6. is the economic use of labour as a factor of production.
  5. 8. can be caused by both demand-side and supply-side factors.
  6. 9. growth is the increase in the productive potential of an economy, occurring when there is an increase in the quantity or quality of the factors of production.
  7. 10. Count counts the number of people claiming unemployment benefits.
  8. 14. Monetary policy _ interest rates to boost growth
  9. 17. rate =(those actively seeking work ÷ total labour force) x 100
  10. 18. During a recession, national output (real GDP)