Unit 4b

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

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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