Crossword puzzle-Economic policy

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Across
  1. 4. It is very important for the ECB to keep inflation at a 2 percent rate due to the many diverse economic backgrounds and structures of each member state country, the ________ union would otherwise experience severe outcomes.
  2. 6. What is the term used to describe the unpredictable and emotional behavior, famously highlighted by economist John Maynard Keynes, which can influence economic decisions and market outcomes. The so called ______ spirit.
  3. 9. _______ market operations are one of the instruments the ECB uses to refinance itself.
  4. 11. The _________ GDP looks at current market prices and takes one year as a base year for its calculations.
  5. 13. In the consumption function there are several variables like a (autonomous consumption), Y (disposable income after tax) and b. What does b stand for?
  6. 14. A person coming from the business world and then turns into a politician is a so-called ___________ .
  7. 15. ___________ unemployment describes the phase between the change of two jobs.
Down
  1. 1. ___________-Cycles propose that capitalist economies experience alternating periods of high growth and prosperity followed by periods of stagnation or decline.
  2. 2. One big sector the GDP does not withhold, and which is the biggest downside of this figure, is the ________ care work.
  3. 3. The exogenous view focuses on _______-side (also mainstream economics)
  4. 5. The central bank can take actions to stimulate economic growth and increase aggregate demand. The money used to due so is the so-called ___________ money.
  5. 7. While the rich keep on getting richer the inequality curves all over the world keep on expanding. Taxes for the middle class and lower class keep on rising even more. Many believe that there is a huge problem with the ___________ of wealth.
  6. 8. In this type of taxation, the rich must pay more taxes than the poor. It is the so called ________ taxation.
  7. 10. While the endogenous view focuses on __________- side economics (Keynesian view)
  8. 12. Unemployment benefits and progressive income tax both count as ___________ stabilizers implemented by the state to provide the less wealthy with purchasing power.