Unit 4b

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

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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