Across
- 2. total consumption in the economy
- 3. When interest rates decrease, there is an increase in _________
- 8. AKA tight policy
- 10. Price of one currency measured in terms of other currencies
Down
- 1. a difference in total value between payments into and out of a county over a period
- 4. Aims to boost economic activity by expanding the money supply
- 5. The transfer of wealth from one individual to another through a social mechanism such as taxation, charity, or public services
- 6. refers to the steps taken by a country's central bank to control the money supply for economic stability.
- 7. Governments aim to control ________ because it reduces the value of money and the spending power of individuals, governments and firms
- 9. the amount charged on top of the principal by a lender to a borrower for the use of assets.
