Across
- 2. president of the ECB
- 5. £300 Bond has coupon price of £36 what is the yield
- 6. the rate at which money changes hands
- 9. Directional change of AS if productivity increases
- 10. decrease in investment due to government borrowing
- 11. one of the liquidity preference motivators
- 14. Minister for Finance
- 16. if reserve ratio is 20% what is the value of multiplier
- 18. if MPC is 75 Y increased by 4000- what is the effect on GDP
- 19. use of government spending to stabilize business cycle
- 20. author of the QTM
Down
- 1. a policy that focuses on increasing productivity.
- 3. fraction of deposits hold as reserves by central bank
- 4. Directional change of AS if wages increase
- 7. issues that impede the effectiveness of fiscal policy
- 8. who is the best Economics lecturer
- 10. the organisation that controls Monetary Policy in the EU
- 12. when GDP is above potential GDP
- 13. when current spending exceeds current revenue.
- 15. sale of government bonds by a central bank
- 17. with no intrinsic value