Economics

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