Macro-Economics: Group Activity

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Across
  1. 4. the statistical study of human populations.
  2. 6. the total supply of goods and services produced within an economy at a given overall price in a given period.
  3. 7. the percentage increase in the level of prices over a given period that is expected by participants in an economy.
  4. 9. this is an increase or upward trend in spendable money that tends to result in increased competition for available goods and services.
  5. 10. this is an increase or upward trend in production costs (such as wages) that tends to result in increased consumer prices irrespective of the level of demand
Down
  1. 1. a line superimposed on a chart revealing the overall direction of the data.
  2. 2. measures the total amount of demand for all finished goods and services produced in an economy.
  3. 3. this type of inflation occurs when workers expect their salaries or wages to increase when prices of goods and services increase to help maintain their living costs.
  4. 5. this type of inflation is rapid, excessive, and out-of-control general price increases in an economy.
  5. 8. the rate of increase in prices over a given period of time.