Economics

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V R C Y U J E S C M J F P N X C G H R A I
O H F A Y S C Y Y I N C O H G I G C Y N R
I E Y H T S O P C W O W S A N R N E P R P
X C R U L T N A L N T G I X I C I T W M F
L T O D A N O G I K R X T Y S U D K Y N L
N H E Q N E M T C H T U I G A L N P I L W
H K H E R M I U A B O C V S E A E P J P X
B E T C E Y E P L V N T E X E R P K Q R K
A G R G T A S T U B T X E O V F S U X Q I
H E O X X P O U N H B N X P I L T R C C T
W A T H E F F O E G P A T O T O N O H I I
I R A N E O S E M P D T E V A W E L J Q I
S C R V V E C V P H O P R P T O M Y Q Y O
K M E E I C A I L E B A N K I F N O C A X
J M L X T N L T O K C D A F T I R R K K C
O P E Q A A E A Y V W R L J N N E A F N E
W B C T G L N G M T I K I X A C V G O F K
X W C B E A X E E V F O T B U O O K J N M
J F A J N B E N N E W A Y R Q M G E G Y L
Q D Q X U C C U T I T T X G M E K X O Y A
T R M M E Q U P D Q Y E R O X M J A H W A

Clues

  • A government monetary policy occasionally used to increase the money supply by buying government securities or other securities from the market. (12, 6)
  • A record of all transactions made between one particular country and all other countries during a specified period of time. (7, 2, 8)
  • An economic measure of the difference between the actual output of an economy and the output it could achieve when it is most efficient, or at full capacity. (8, 6, 3)
  • An economic theory that suggests that as demand or income increases in an economy, so does the investment made by firms. (11, 6)
  • Government spending (or government expenditure) includes all government consumption and investment but excludes transfer payments[1] made by a state (10, 8)
  • Negative externalities occur when production and/or consumption impose external costs on third parties outside of the market for which no appropriate compensation is paid. (8, 10)
  • The circular flow of income is a neoclassical economic model depicting how money flows through the economy. (8, 4, 2, 6)
  • The increase in efficiency of production as the number of goods being produced increases. (9, 2, 5)
  • This occurs when the consumption or production of a good causes a benefit to a third party. ·For example, when you consume education you get a private benefit. But there are also benefits to the rest of society. (8, 11)
  • Unemployment due to a lack of demand. (8, 12)

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