Economics Exam Revision

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Across
  1. 2. Measures the actual annual increases in output and the value of production .. growth
  2. 5. Overall capacity of the economy .... growth
  3. 8. John Maynard Keynes' was what kind of economist?
  4. 11. Decreased rates of crime, family break-down and regional decay with what kind of employment (high or low?)
  5. 12. A ... cost of high unemployment: crime individuals may be under stress
  6. 13. Name of a key Classical Economist
  7. 15. Type of unemployment where people want to work or work longer hours and are not able to get work
Down
  1. 1. Type of unemployment when job vacancies fall to an all-time low and unemployment increases and there are simply not enough jobs to go around
  2. 3. A ... surplus occurs when exports exceed imports
  3. 4. Type of unemployment when the workers available for employment don't have the skills and experience required for the jobs that are available.
  4. 6. Free Market Economics is the same as what kind of economics?
  5. 7. Type of unemployment when employees are in transition between one job and another
  6. 8. Broad increases in the prices of goods and services
  7. 9. The actual value of GDP excluding the impact of inflation ... growth
  8. 10. Key initiative created during the Great Depression by the US to intervene in the economy and create jobs.
  9. 14. Measures the total value of production of goods and services