INFLATION

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Across
  1. 1. - Measures changes in the price level of a basket of consumer goods and services. (8, 5, 5)
  2. 6. RATE - The value of one currency expressed in terms of another. (8, 4)
  3. 8. - Very rapid price increases. (13)
  4. 9. - Occurs when the general price level rises due to an increase in the cost of production. (4-4, 10)
  5. 10. - A condition of slow economic growth and relatively high unemployment at the same time as rising prices. (11)
  6. 13. - The state of being without a job but actively seeking one. (12)
  7. 15. - The basic monetary unit of the Philippines. (4)
Down
  1. 2. - The cost of borrowing money. (8, 4)
  2. 3. - A decrease in the general price level of goods and services. (10)
  3. 4. - Occurs when aggregate demand in an economy rises too quickly. (7-4)
  4. 5. - The ability to buy goods and services. (10, 5)
  5. 7. - The institution responsible for overseeing the monetary system of a country. (7, 4)
  6. 11. - A general increase in prices and fall in the purchasing value of money. (10)
  7. 12. - Goods and services bought from another country. (6)
  8. 14. - Policy used to manage the money supply and interest rates. (8)