Macroeconomics Chapter 4 Aggregate Demand and Aggregate Supply and their Interaction DEFINITIONS 5.0 / 5 based on 2 ratings ? EconomicsAggregate Demand and Aggregate Supply and their InteractionASAQA Created by: daisybrownCreated on: 27-01-15 12:20 27359648110 Across 1. Average cost per unit of output. (4, 4) 4. Withdrawals of possible spending from the circular flow of income. (8) 9. People who save more than they borrow. (3, 6) 10. A sustained rise in the price level. (9) Down 2. The total output of goods and services that producers in an economy are willing and able to supply at different price levels in a given time period. (9, 6) 3. Savings as a proportion of disposable income. (7, 5) 5. How optimistic consumers are about future economic prospects. (8, 10) 6. A stock of assets, e.g. property, shares and money held in a savings account. (6) 7. The difference between an economy's actual and potential GDP. (6, 3) 8. The value of exports minus the value of imports. (3, 7)
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