Forecasting the national economy

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Across
  1. 1. Policy- Central bank actions to manage money supply and interest rates.
  2. 3. Deficit- When government spending exceeds revenue.
  3. 4. The efficiency of production in an economy.
  4. 5. Price Index- A measure of inflation based on the cost of a basket of goods and services.
  5. 7. Policy- Government spending and taxation policies to influence the economy.
  6. 10. The state of being without a job.
  7. 11. Deficit- When a country's imports exceed its exports.
  8. 13. Gross Domestic Product, the total value of goods and services produced in a country.
  9. 14. Money owed by a country or entity.
Down
  1. 2. A period of temporary economic decline.
  2. 6. Rate- The value of one currency for the purpose of conversion to another.
  3. 8. Chain- The network of production and distribution of goods.
  4. 9. The rate at which the general level of prices for goods and services rises.
  5. 11. A tax on imports or exports.
  6. 12. Rate- The cost of borrowing or the return on savings.
  7. 13. Rate- The rate at which a country's economy grows over time.