Across
- 1. Total value of goods and services produced within a country in a year.
- 6. Number of people claiming unemployment-related benefits.
- 7. GDP divided by population, used as a measure of living standards.
- 8. Adjusts exchange rates so that a basket of goods costs the same in different countries, allowing for better comparisons of living standards.
- 9. Key measure of inflation targeting prices of a basket of goods.
- 14. A reduction in the rate of inflation (prices still rising, but slower).
- 15. A quarterly sample survey of households measuring unemployment.
- 16. Composite measure of development including health, education, and income.
- 17. GDP plus net income from abroad.
Down
- 2. Output per unit of input (e.g., output per worker).
- 3. A sustained rise in the general price level.
- 4. Record of a country's transactions with the rest of the world, specifically the Current Account.
- 5. People actively seeking work but without a job.
- 10. GDP adjusted for inflation (price changes).
- 11. Older inflation measure including housing costs (mortgage interest, council tax).
- 12. Percentage change in real GDP.
- 13. A measure of statistical dispersion intended to represent the income or wealth inequality within a nation.
- 14. A decrease in the general price level.
