Macroeconomics Crossword Review

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Across
  1. 2. Inflation related to higher production costs increasing prices; If it costs more to produce, prices will increase.
  2. 8. Top of the business cycle, there is not more growth to be had.
  3. 9. Inflation related to increased demand without a change in supply pulls up the prices of goods and services.
  4. 11. Decline of the business cycle, economic conditions begin to decrease.
  5. 12. The government(President & Congress)attempts to maintain a healthy economy through ________ policy.
  6. 13. The percentage of all deposits that a bank must keep in their vaults.
  7. 14. Government policy that attempts to halt a rapidly growing economy by increasing taxes and decreasing government funded projects.
  8. 16. Unemployment as a result of an increase in technology.
  9. 19. Government attempt to grow the economy by decreasing taxes and creating jobs through policy
  10. 20. Unemployment related to the business cycle.
  11. 21. Bottom of the business cycle, marks the beginning of new growth.
Down
  1. 1. The buying and selling of bonds.
  2. 3. Unemployment when jobs are available but are out of a person's skill set/ability.
  3. 4. Used to get out of an inflation period; Increases the reserve requirement, increases the discount rate, sells bonds.
  4. 5. Unemployment related to jobs being available for only certain parts of the year.
  5. 6. Inflation caused because the government printed too much money to pay debts, making currency less valuable.
  6. 7. The percentage of people currently out of work who are actively seeking a job and are willing and able to work.
  7. 10. How the Federal Reserve influences the supply of money and brings the nation out of a period of recession or inflation.
  8. 12. Unemployment when a person is transitioning from one job to another or attempting to get their first job.
  9. 15. The increase in the price of goods and services causing currency to decrease in value.
  10. 17. Used to get out of a recession; Decreases the reserve requirement, decreases the discount rate, buys bonds.
  11. 18. The total sum of all goods and services produced in a country in any given year.
  12. 19. Phase of the business cycle with increased economic conditions, things are continually getting better.