Unit Two Economics Definitions

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  • Created by: esgaf
  • Created on: 25-04-13 20:36
S T V M J Y V Q D E X H J L M N R X U V F
N Y B I B Q G E J D N S B E E F T S Y H A
B J N D U L L H P W O A A W W U I I R O R
D Q E Y V I L V U S W H V Y J U M G X U U
K J N V S S S U W Y I Q F N I K S I K D W
G R O S S D O M E S T I C P R O D U C T X
U R Q N K V W V A I X B O K I K W I Y C K
I S J Q A A R W U N K L P O U V N O N T Y
J G G Q E O Q C A G Y B Q G M R Q X H V X
E U Y E X C H A N G E R A T E Q Y Y L V Q
B D F B J G S V T X N Q R P Y N M G N H K
W Q Y N C Q N M Q D I N F L A T I O N H H
S N E N F I S C A L P O L I C Y K S U G J
H C P T A V Y X O O E J T U W L G N N G T
J W G F D I S P O S A B L E I N C O M E I
B Y Q N W F L E J L R N U P G G I Y C I T
W E C O N O M I C G R O W T H I A J N X T
S U P P L Y S I D E P O L I C I E S Q G V
J N O M I N A L V A L U E S A D V B M A W
Q Y E O D Y V M E S L G W Y H P V T M W E
R A A H R B B T I Y M C M D A O Y D N V Q

Clues

  • A measure of the economic activity carried out in an economy over a period. (5, 8, 7)
  • Decisions made by the government on its expenditure, taxation and borrowing (6, 6)
  • Expansion of the productive capacity of an economy (8, 6)
  • Range of measures intended to have a direct impact on aggregate supply - and specifically the potential capacity output of the economy (6, 4, 8)
  • The income that households have to devote to consumption and saving, taking into account direct taxes and transfer payments (10, 6)
  • The price of one currency in terms of another currency (8, 4)
  • The rate of change of the average price level in an economy (9)
  • Value of an economic variable based on current prices, taking no account of prices changing through time. (7, 5)

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