Unit 4b

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