Economic Vocabulary Activity

CHAPTER 17 STABILIZING THE

NATIONAL ECONOMY

Directions: Use the following clues to fill in the vocabulary terms on the grid below.

ACROSS

1. Policy favoring growth of money supply at 3 to 5
   

percent a

year (two words)

1. Policy of using taxation and spending to affect
   

business activity overall

1. Transactions by people who do not report income
   

to federal or state government (two words)

1. Period of unemployment and rising prices
   
2. Government attempts to keep the economy
   

healthy, using monetary and fiscal policies

DOWN

hare-hold

1828): one

has a part

ty, esp

10

1. Cyclical, seasonal, structural, and frictional
   
2. Type of inflation with pull
   
3. When unemployment is below 5 percent, there is
   

this (two words).

1. Kind of inflation with full employment (two words)
   
2. Economists who oppose fiscal policy to stimulate or
   

slow the economy

1. Describes movement of income between people
   

and government (two words)

2

11

Economic Vocabulary Activities

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