Across
- 4. a form of money
- 5. the income earned by an individual after taxes and charges such as pension
- 6. price control set below the market equilibrium
- 8. a retail bank that provides financial services to the customers
- 10. the expenditure spent on fixed assets
- 11. combination of both planned and market economies
- 13. The act of swapping items in exchange for other items
- 15. the income group that spend most of their income on necessities.
- 16. A characteristic of money which states it must be limited in supply
- 17. purchase of private sector assets by the government
Down
- 1. Government provides these to encourage consumption of certain goods and services
- 2. the monetary authority that oversees and manages the nation's money supply
- 3. A characteristic of money which makes it widely recognised and accepted
- 4. the process by which the banks increase the money supply in an economy
- 7. assets minus liabilities of an individual
- 9. imposition of a price guarantee set above the market price
- 12. a characteristic of money which means long lasting
- 14. the higher this is, the more expensive borrowing is
- 18. a factor that affects the level of savings