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AS1 Revision Unit 1 and 2

T Fourie

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Across
2.Supermarkets in Germany are allegedly exploiting staff to increase their market .....
5.The automotive ..... is the main contributor to Germany's GDP
6.The BRICS countries are known as ...... economies
11.Government spending will mostly be on infrastructure, education and ..... security
12.Among others, a government would want low inflation and ..... employment
15.The ..... market has changed and permanent contracts are few and far between
16.Gross salary minus ..... such as tax and unemployment insurance gives a Net salary
17.A synonym for 'motivation' e.g. An increase in demand will act as a(n) ..... for producers to produce more
18.The wage a worker takes home at the end of the day, will buy a certain ...... standard
19.'Mehrwertsteuer' in English (Acronym)
Down
1.'Gewinn' in English
3.An increase in minimum wage might force firms to ..... off workers
4.Economic policymaking and regulation by governments are examples of government ...
7.An Acronym referring to the businesses owned by a government
8.In the UK the Minister of Finance is known as The Chancellor of the .....
9.The basic economic problem is to ..... scarce resources
10.The government will run a budget ..... when they overspend
12.Tax increases or tax cuts are examples of a ..... policy
13.Workers are often paid low wages due to a ..... of collective agreements
14.A ..... monetary policy occurs when the money supply is expanded and is easily accesible to citizens

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