Macro environment

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Across
  1. 6. decrease in private investment due to government borrowing
  2. 8. When GDP is below potential GDP
  3. 10. If the MPC is 0.75 what is the size of the multiplier
  4. 11. Gov department with largest share of expenditure in the Irish budget?
  5. 12. The best Economics lecturer in SETU
  6. 13. limitations that impede the effectiveness of fiscal policy
  7. 14. Directional change of AS if productivity increases
  8. 15. Directional change of AD if government spending decreases
Down
  1. 1. The periodic fluctuations of real GDP around potential.
  2. 2. policy Use of government spending to stabilise business cycle
  3. 3. fiscal policy where taxes are increased to reduce GDP
  4. 4. How is fiscal policy financed?
  5. 5. When current spending exceeds current revenue.
  6. 7. tax the largest source of revenue in the Irish budge.
  7. 9. What was the Government budget balance of Ireland in 2026