Economic Management: Government and Households

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Across
  1. 2. The transfers that governments make without receiving any goods or services in return.
  2. 3. The increase in real Gross Domestic Product
  3. 5. The summary of payments and receipts made of transactions between a country and the rest of the world.
  4. 6. government's recurrent expenditure
  5. 7. personal income minus personal taxes
  6. 8. Calculated using income, expenditure or output method
  7. 11. Levies
  8. 12. policy utilizing interest rates and money supply
  9. 14. When the price levels remain relatively unchanged
  10. 16. a stead increase in prices
  11. 17. the persons that are willing and able to work but do not have jobs
  12. 18. increase in the quality of the life of residents in developing countries
Down
  1. 1. all persons who are willing and able to work within a certain government-sanctioned age group
  2. 4. unemployment between 2% and 7%
  3. 9. The economic role of the government is to achieve economic ____________
  4. 10. personal income minus income taxes and household expenses
  5. 13. a document prepared by the government presenting its anticipated revenues and proposed spending/expenditure
  6. 15. the abbreviation for the quality of life of citizens