Macroeconomics Chapter 4 Aggregate Demand and Aggregate Supply and their Interaction DEFINITIONS

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

Clues

  • A financial asset issued by the central or local government as a means of borrowing money. (10, 4)
  • How optimistic consumers are about future economic prospects. (8, 10)
  • Money transferred from one person or group to another not in return for any good or service. (8, 8)
  • Profit kept by firms to finance investment. (8, 7)
  • Spending by households on consumer products (8, 11)
  • spending by the central government and local government on goods and services. (10, 8)
  • The movement of spending and income throughout the economy. (8, 4, 2, 6)
  • The process by which any change in a component of aggregate demand results in a greater final change in real GDP. (10, 6)
  • The total demand for a country's goods and services at a given price level and in a given time period. (9, 6)
  • 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)

Comments

No comments have yet been made

Similar Economics resources:

See all Economics resources »See all Aggregate Demand and Aggregate Supply and their Interaction resources »