Unit 4b

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

Clues

  • Explains how an increase in spending has a greater impact on the economy than the initial amount spent. (3, 10, 6)
  • Involves changes in taxation, government expenditure and public borrowing. (6, 6)
  • People who are willing and able to work but cannot find a job. (12)
  • Reduce the demand for domestically produced goods and services by diverting part of people’s incomes into savings, taxes. (8)
  • Situations where free market forces have led to an inefficient allocation of resources. (6, 7)
  • Socially desirable; underproduced if left to the free market; customers will be unwilling to pay private costs; e.g. healthcare, education. (5, 5)
  • Uses interest rates to vary the costs of borrowing and influence the level on consumption, interest and aggregate demand. (8, 6)
  • What people earn from wages, dividends, interest and rates if owning property. (6)

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