Across
- 2. tax placed on producer
- 3. increase in potential gdp of an economy overtime
- 4. a restriction on quantity of a particular import
- 5. highest possible price that producers are allowed to charge
- 8. regulates commercial banks
- 11. use of interest rate to influence aggregate demand
- 12. a tax on imports
Down
- 1. numerical measure of income inequality
- 6. lowest price set by government that producers can charge
- 7. rates at which borrowers are charged or lenders pay back (annual percentage)
- 9. governments pay producers to lower prices of production
- 10. occurs when GDP falls for at least two consecutive quarters
- 13. use of government expenditure and tax to influence AD