Economics

2. what is interest rate
4. consumers being optimistic about their future
5. a type of market structure with no competition
7. part time/ casual workers that work similar hours as full time
9. something being forgone in order to get something else
11. tax on individuals income and the bulk of government revenue
12. unemployment caused due to lack of aggregate demand
13. geographically located agreement
14. limited resources not being able to meet unlimited needs and wants
17. test done to check individual’s income and ownership
20. living standards of an individual's quality of life with no monetary factors
22. supply factor where amount of output is produced with any given number of input
23. taxes on specific goods and services like tobacco
25. a type of market structure with little competition but not much effect
26. part of AD formula and is affected by business confidence
27. global agreement

1. unemployment when an individual is in between jobs
3. part of AD formula and is affected by population growth
6. unemployment cause by discouragement of job prospects and not counted in statistics
8. income after tax
10. occurs when there is 2 years of consecutive negative GDP & low inflation
15. unemployment due to automation
16. the AD formula
18. makes up 75% of exports
19. living standards measured by goods and services
21. leading forum to facilitate trade/ investment and economic growth consisting of 21 countries
24. occurs when there is high GDP and unemployment decreases