Across
- 3. - manipulating the interest rate to affect demand
- 6. - successful supply side policies should increase...
- 8. - a supply side policy
- 10. policy - changes in taxation and G spending
- 12. - explored the trade off between inflation and unemployment
- 13. - a negative of supply side policies
Down
- 1. - all supply side policies might cause short run....
- 2. - increasing this will lower labour costs
- 4. - the change in Keynes LRAS due to Phillips research
- 5. - reduce the size of the multiplier
- 7. - if a component of AD changes the overall effect on the economy will be greater than the initial change
- 9. - the difference between potential output and actual output
- 11. - successful supply side policies should decrease...