Across
- 2. the group of people with the authority to govern a country or state
- 5. The funds come into the economy from outside the normal consumer-to-business-to-consumer circular flow.
- 8. relating to the branch of economics concerned with large-scale or general economic factors, such as interest rates and national productivity
- 10. money or financial resources expended by a person, group, or government
- 12. the total value of products and services produced by a country's residents, whether domestically or internationally.
Down
- 1. These are funds that leave the economy and disrupt the circular flow of income.
- 3. _____was instituted in 1990 as a way to assess development in terms of human wellbeing as well as economics. It’s a composite statistic that takes into account health, education, and income.
- 4. considered in relation to trade, industry, and the creation of wealth
- 6. a group of people, often a family, who live together in a house or flat
- 7. an economy of or reduction in money, time, or another resource
- 9. _____is an alternative measure for living standards. It measures not only the total national output (GDP) but also includes the economic welfare of the country. This includes an assessment of the value of leisure time and the amount of unpaid work in an economy.
- 11. the total value of goods and services produced in a country in a given period.
