Economics Friday

The total value of goods and services in the economy

(a)  

The persistent rise in the general price level over time

(a)  

A fall in the rate of inflation

(a)  

When prices rise due to increase demand for goods and services

(a)  

When rising input costs, force up a company's costs

(a)  

The price of money, the return for saving money

(a)  

Those people of working age who are not looking for work for a variety of reasons

(a)  

Number of people collecting JSA or other government benefits

(a)  

When demand changes to render skills no longer relevant

(a)  

Insufficient demand in the economy for all workers who wish to work and current rates. (Economic cycle)

(a)