Across
- 2. It is an increase in the general price level of commodities in a country.
- 4. ___________ policy adjusts the rate of interest and the supply of money in an economy.
- 6. __________ policy concerns the manipulation of a government tax revenue and spending.
- 8. It is a situation where people who are willing and able to work cannot find jobs.
- 10. It is the total value of goods and services produced in a country in a period of one year (abbreviation).
- 11. It refers to the transfer of ownership of a business from the government to private investors.
- 12. A factor which limits business activity.
- 13. It refers to the value of a country's currency in terms of another currency.
- 15. It refers to a period of declining total output.
- 16. It refers to the increasing movement towards worldwide markets characterised by free trade.
- 17. The sole supplier or seller of a product on a market.
Down
- 1. It is the contrary of privatisation.
- 3. A _____________ group is an organisation created by a group of people sharing a common interest to try to change business and government decision through solidarity.
- 5. An economic _________ is a period characterised by very high spending and demand for goods.
- 7. It is a business which sells goods to another business for resale.
- 9. A ______________ business has production and retailing bases in more than one country.
- 14. ___________ pricing is an uncompetitive behaviour where a powerful business tries to block new entrants onto the market by charging very low prices.
