Unit 4b

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

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)

Comments

No comments have yet been made

Similar Business Studies & Economics resources:

See all Business Studies & Economics resources »See all Unit 4b resources »