Macro Crossword

1. Economist who emphasized free markets and limits to central planning.
7. Institution managing a nation’s money supply and monetary policy.
9. spending and tax policy used to influence the economy.
10. A market where prices fall and pessimism drives trading.
11. Poor or misdirected investment often caused by distorted interest rates.
12. A prolonged and severe economic downturn.
15. A significant decline in economic activity across the economy.
16. A financial market where prices are rising or expected to rise.
17. Economist who advocated for active government intervention during downturns.
18. The mix of debt and equity a company uses to finance operations.
19. Concept that increased saving can reduce total demand and slow the economy.
20. When people who want work are unable to find jobs.

2. Total demand for goods and services in an economy.
3. Model showing how money moves between households and businesses.
4. Government or institutional rescue of a failing company or sector.
5. Spending on assets like machinery, buildings, or equipment to grow production.
6. Trap Situation where monetary policy becomes ineffective due to near-zero interest rates.
8. When workers have jobs below their skill level or want more hours.
13. Wages Idea that wages adjust slowly downward, causing unemployment.
14. involving interest rates and money supply.