Year 9 Economics

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Across
  1. 1. Who is Australia’s largest trading partner?
  2. 2. Are imports increasing in value classified as a leakage or injection on the five sector circular flow model
  3. 4. At what stage of the business cycle was Australia at the height of COVID?
  4. 7. Is exploring trade tensions between major economies relevant to the study of microeconomics or macroeconomics?
  5. 8. What is an example of a trade barrier?
  6. 9. How does the ABS classify someone who is available to work and actively seeking work, but cannot find a job?
  7. 10. What happens to economic activity if Australia was to increase it’s beef exports?
Down
  1. 1. What is Australia’s highest import(DFAT,2018)?
  2. 3. The total market value of all goods and services produced within Australia in a given time frame
  3. 5. What type of policy does the RBA lead?
  4. 6. What is Australia’s highest export(DFAT,2018)?