Across
- 2. The measure of how much output is produced per unit Of labour input.
- 4. The number of unemployed people divided by the economically active population.
- 6. Our ability to access physical goods and services.
- 8. Type of unemployment, when tourist numbers are low during winter but higher during and after harvesting.
- 11. an interactive tool that allows you to see how countries perform according to the importance you give to each of 11 topics that make for a better life.
- 13. Something someone buys.
- 14. An important feature of macroeconomics.
- 16. Type of unemployment, meaning their job has gone because of a downturn in spending.
- 19. The proportion of a loan that is charged as interest to the borrower, is typically expressed as an annual percentage of the loan outstanding.
- 20. It is a statistical figure that is determined by the Australian Bureau of Statistics.
Down
- 1. Measures the change in prices paid by consumers for goods and services.
- 3. Type of unemployment, refers to those people who are 'unemployable' for some reasons.
- 5. Things that contribute to happiness, i.e freedom, low crime levels, free elections.
- 7. Type of unemployment, meaning the time in between when people change jobs.
- 9. When prices increase by 50% or more per month.
- 10. Type of unemployment, meaning it changes to the way economic activity is done to cause some people to lose their jobs.
- 12. A measurement of economic performance that compares the amount of goods and services produced.
- 15. The problem of having unlimited wants and needs but limited resources.
- 17. The change in prices over time.
- 18. The final product since it has completed the process and is ready to be sold to customers directly or to other businesses.