Across
- 2. distributed ledger used to make a digital record of the ownership of assets, in particular cryptocurrencies.
- 6. measure of the responsiveness of one variable to changes in another.
- 8. gradual reduction in the value of an asset (or a debt) over time
- 10. a balance between the supply of and demand for a good at a market-clearing price
- 11. Goods and services acquired from outside the country
- 12. communism
- 13. Goods and services sent to outside the country.
- 14. Trade The cause that led to the founding of The Economist in 1843
- 16. policy Decisions relating to the amount a government raises in taxes and spends on public services
- 17. cost cost of producing an extra unit of something.
- 19. money amount one is due to pay back to another
- 20. can be used to create economic value
- 21. result of economic activity
Down
- 1. takeover by the state of private businesses
- 3. item pledged as security against a loan
- 4. coined to describe the use of private capital to finance economic activity
- 5. Tokens created digitally and at the moment privately, although some central banks have created their own (see this article)
- 7. Institutions at the heart of the financial system
- 9. plumbing of the economy
- 11. act of protecting yourself against the financial impact of risk
- 15. usually refers to reducing the role of the government
- 18. financial markets take a trend too far