Economics 101

2. Institutions that store money, provide loans and help move money in the economy.
4. Actions people do for others.
7. The buying and selling of goods and services.
9. The total value of all goods and services produced in a country in a year.
11. A good or service brought in from another country.
12. A good or service sold to another country.
13. The process of countries becoming more connected through trade, communication and movement of people and ideas.

1. Bank Australia’s central bank that sets the cash rate and helps manage economic stability.
3. The amount of a good or service that consumers are willing and able to buy at different prices.
5. A person who buys and uses goods and services.
6. The amount of a good or service that producers are willing and able to sell at different prices.
8. A general rise in prices over time.
9. Physical items that can be bought and sold.
10. Government decisions about spending and taxation to influence the economy.
14. Money paid to the government so it can provide public services.