Macroeconomics crossword

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Across
  1. 3. The conflict in the Middle East this year has increased prices for this commodity.
  2. 5. Two or more quarters of negative economic growth
  3. 7. The money value of NZ goods and services produced and sold, adjusted for inflation.
  4. 8. Organisation responsible for overseeing price stability in NZ (7,4)
  5. 10. Our official measure of inflation in New Zealand
  6. 11. Export receipts minus import payments (3,7).
  7. 15. Fiscal ... - an injection can grow the economy by more than the original injection due to this effect.
Down
  1. 1. Occurs when a person does not have a job.
  2. 2. The peak of the business cycle
  3. 4. An increase in the general price level.
  4. 6. MPS stands for Marginal Propensity to ...
  5. 9. The rate at which banks lend/borrow with the Reserve Bank, influences interest rates.
  6. 12. Money earned per unit of production made (revenue minus costs)
  7. 13. A phase of the business cycle with increased economic activity following a recession.
  8. 14. MPC stands for Marginal Propensity to ...