Unit 4b

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

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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