Across
- 4. An increase in education increases this type of capital
- 6. Curve that implies no tradeoff between inflation and unemployment
- 8. The curve that is shifted right due to an increase in the budget deficit
- 9. The government issues this to finance deficit spending
- 12. An increase in this increases AD along with LRAS
- 13. When tax revenue exceeds government spending and transfer payments
Down
- 1. Type of fiscal Policy that increases economic growth (e.g. deregulation)
- 2. what MV equals to
- 3. This rate is increased by the government running a budget deficit
- 5. Crowding out causes Interest Rates to
- 7. Theory of money that states MV=PY
- 8. This type of Aggregate Supply is shifted by an increase in Productivity
- 10. The accruement of a country's deficits and surpluses over time
- 11. Direction that LRAS shifts due to a decrease in Human or Physical Capital
