Macroeconomics Definitions
All the key terms for the OCR F582 National Economy exam defined.
Teacher recommended
?- Created by: Marcus
- Created on: 28-04-13 13:00
| P | F | H | E | I | M | Q | G | G | H | W | W | I | L | Q | P | P | D | L | M | G |
| V | D | Y | K | F | G | K | X | T | S | B | N | O | N | L | N | X | T | U | U | L |
| C | I | R | C | U | L | A | R | F | L | O | W | O | F | I | N | C | O | M | E | E |
| R | F | Q | X | L | K | K | D | L | S | T | J | X | H | L | E | A | D | B | T | U |
| F | B | C | M | S | H | O | E | L | E | A | T | H | E | R | C | O | S | T | S | M |
| S | E | A | S | O | N | A | L | U | N | E | M | P | L | O | Y | M | E | N | T | O |
| C | H | N | Q | M | K | F | O | L | Y | F | U | K | B | F | H | V | F | I | V | G |
| I | C | A | S | U | A | L | U | N | E | M | P | L | O | Y | M | E | N | T | S | Q |
| L | A | B | O | U | R | P | R | O | D | U | C | T | I | V | I | T | Y | L | P | J |
| M | L | C | O | N | S | U | M | E | R | P | R | I | C | E | I | N | D | E | X | U |
| G | C | O | S | T | P | U | S | H | I | N | F | L | A | T | I | O | N | R | G | E |
| D | E | M | A | N | D | P | U | L | L | I | N | F | L | A | T | I | O | N | U | Q |
| T | V | N | F | K | Y | D | U | R | H | Q | O | L | V | L | S | D | W | C | X | B |
| U | W | Q | B | A | L | A | N | C | E | O | F | P | A | Y | M | E | N | T | S | D |
| S | C | Q | G | U | Q | I | U | Q | O | N | D | G | C | N | S | S | O | L | X | U |
| S | E | A | R | C | H | U | N | E | M | P | L | O | Y | M | E | N | T | D | B | H |
| X | L | U | H | T | L | X | P | T | U | N | Q | W | Q | Q | C | E | X | H | K | F |
| S | B | N | T | W | A | A | W | S | I | V | A | J | N | B | X | M | E | F | A | F |
| J | L | B | R | X | Q | E | Q | W | H | X | J | S | W | Y | B | C | E | A | A | A |
| P | D | P | O | P | D | M | Y | Q | X | G | H | I | N | I | F | C | X | Q | W | F |
| T | U | M | S | Q | R | B | F | I | W | H | I | M | W | I | R | R | R | J | Q | W |
Clues
- A measure of changes in the price of a representative basket of consumer goods and services. It is the UK's main measure of inflation and has a 2% target. (8, 5, 5)
- A record of all money flows coming in and going out of a country (7, 2, 8)
- Costs in terms of extra time and effort involved in searching for the bank offering the highest interest rate to save, or searching for the cheapest deal on a product (4, 7, 5)
- Increases in the general price level in an economy over a period of time caused by increases in aggregate demand when the economy is close to full capacity (6, 4, 9)
- Increases in the general price level in an economy over a period of time caused by increases in costs of production e.g. rising oil prices (4, 4, 9)
- Output of a good or service per worker over a given time period e.g. output per worker per hour (6, 12)
- People out of work because their labour is only demanded at a particular time of year e.g. ice cream seller (8, 12)
- People out of work due to them not taking the first job offered and searching for an even better job instead (6, 12)
- People out of work in-between irregular period of employment e.g. actors, session musicians (6, 12)
- The movement of spending and income throughout the economy between households and firms (8, 4, 2, 6)
Comments
Report
Report