Across
- 3. and slow the economy
- 10. steps to protect their interests.
- 13. spending causes a much larger change in GDP.
- 14. is the money that the government owes.
- 16. spends.
- 19. is the result of the government’s outbidding
- 20. particular way and that, as a result, people will
- 21. bond interest rates.
- 23. occurs when the government takes in more than
- 25. uses taxes and government spending
- 26. refers to government revenue, spending,
- 28. is a plan to stimulate aggregate demand.
- 30. provides incentives
- 32. states that people anticipate that
Down
- 1. is a government practice of spending more than it takes in for a specific
- 2. states that aggregate demand needs to be stimulated by government action.
- 4. is a plan to increase aggregate
- 5. and stimulate the economy.
- 6. occurs when government
- 7. states that a small change
- 8. is a plan to reduce aggregate
- 9. Ronald Reagan's economics
- 11. refers to actions selected by the government to stabilize the economy
- 12. graph that illustrates the
- 15. debt.
- 17. work automatically to steady the economy
- 18. in fiscal policy will affect the economy in
- 22. affect the economy
- 24. producers to increase aggregate supply.
- 27. more than it takes in.
- 29. year.
- 31. Arthur Laffer’s theory of how tax cuts affect tax revenues.