Economics

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Across
  1. 2. total amount of goods and services that are produced in an economy at a given price level.
  2. 3. is the process by which the monetary authority of a country controls the supply of money.
  3. 6. budged is when the planned expenditure of the government is more than its planned revenue.
  4. 7. is a branch of economics dealing with the performance, structure,behavior, and decision-making of the whole economy.
  5. 8. another term used for planned economies
  6. 9. Economies where all the resources are owned by the government
Down
  1. 1. is the total demand for final goods and services in the economy (Y) at a given time and price level.
  2. 4. is the use of government revenue collection (taxation) and expenditure (spending) to influence the economy.
  3. 5. an economic system where both private and public sector operate.