Unit 4b

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

Comments

No comments have yet been made

Similar Business Studies & Economics resources:

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