Across
- 3. Unemployment caused by economic recession
- 6. Inflation is when price ______ increase
- 8. When there is only one seller
- 10. When you export more than you import you have a BOP _____
- 11. When you import more than you export you have a BOP _____
- 12. ____ policy = government spending/taxing
- 13. 60,000 people complete the labour force _____
- 14. BOP stands for Balance of ________
Down
- 1. When people are too poor to meet their basic needs
- 2. Money to spend after basic needs have been met = ______ income
- 4. When demand is relatively unresponsive to changes in price
- 5. Output per worker per hour
- 6. Division of ____ = workers have specific tasks
- 7. ____ policy = changing interest rates to encourage or discourage spending
- 9. Unemployment where people are "between jobs"