Unit 4b

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

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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