Across
- 5. What gross domestic product measures
- 10. Slowdown or decrease of economic activity
- 11. Unemployment resulting from structural reorganisation, typically due to technological change
- 13. Monetary inflation occurring at a very high rate
- 14. Policy that relates to government spending
Down
- 1. The type of cost incurred by seeking one alternative over another
- 2. The type of production capital that is characterised by knowledge and skill
- 3. A factor within economies crucial to human development, progression and improvement of living standards
- 4. The rate that calculates the working age population employed or looking for employment
- 6. The type of unemployment due to the unavailability of jobs over a certain period
- 7. Policy set by the Reserve Bank of Australia
- 8. A state which occurs when demand is greater than supply
- 9. The lowest turning point of an economic cycle
- 12. A general increase in prices