Unit 4b

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

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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