Macroeconomics

3. when people save money for a future use
5. side effect of a decision
8. all the demand in an entire economy
10. series of expansions and contractions in the economy
11. spending done in an economy by households
13. policy where the government adjusts taxes and spending to change GDP
17. spending done in an economy by businesses
18. type of unemployment due to a downturn in the economy
19. GDP that has been adjusted for inflation
20. when money gives an idea of the value of an item
22. type of unemployment due to a change in the needs of the economy
23. when money has some intrinsic value like diamonds
24. money is money because we say it is money
25. measuring GDP based on wages, rent, interest, profit
28. countries with a higher per capita GDP tend to be this
29. type of unemployment always present in the economy, shows people with the freedom to move from job to job
30. spending done in an economy by foreign countries
31. tax structure where the more income you make, the greater percentage of tax is taken
32. they are literacy rate, infant mortality rate and life expectancy

1. GDP that has not been adjusted for inflation
2. central bank of the United States of America
4. on the y axis of the aggregate demand / aggregate supply graph
6. when money is used to trade for other goods
7. tax structure where the more income you make, the less percentage of tax they take
9. the total value of all final goods in an economy in a given time frame
12. measuring GDP based on consumption, investment, government, and net export spending
14. the price of money
15. total GDP divided by population
16. diagram demonstrating the flow of money and goods in an economy
21. someone over 16 years old, looking for work and who did not earn a paycheck last week
26. when unemployment is about 5%
27. policy where the Federal Reserve Bank changes the money supply to change GDP