Across
- 3. Factor raising wages through worker negotiation power
- 5. Factor increasing responsiveness of labour supply
- 7. Productivity gain from workers focusing on tasks
- 10. Function of money weakened by inflation
- 11. Cause of wage differences due to unequal treatment
- 14. Function of money used to compare wages and prices
- 15. Money characteristic preventing loss of value through oversupply
- 16. Function of money allowing future payments
- 17. Factor increasing borrowing when loans are easier to obtain
- 19. Central bank role supporting banks in emergencies
Down
- 1. Labour demand when wage rises reduce employment greatly
- 2. Income remaining after direct taxation
- 4. Household choice that raises present spending
- 6. Factor making labour demand more elastic when machines replace workers
- 8. Household choice that delays consumption
- 9. Factor affecting saving behaviour of high income households
- 12. Factor encouraging saving when it rises
- 13. Factor raising spending when households feel secure
- 18. Factor limiting labour supply due to skill requirements
- 20. Money characteristic allowing repeated use