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Macroeconomic Review, 2017

Across
Return to savings
Goods sold to other countries
Study of decision-making
Goods purchased from other countries
Market value of all final goods and services produced within a country's boundaries
GDP in constant dollars
Up and down movement in economic activity
Level of output consistent with full employment
Rate of inflation consistent with price level stability
Rate that measures fraction of labor force unemployed
Rate that measures price level changes
People without jobs but who are actively seeking employment
Assumption about prices in the long run
Goods that last longer than three years
Current U.S. President
Down
Market value of all final goods and services produced by a nation's residents
People with jobs
Sum of income earned by domestic residents
Variables determined outside the model
Most well-known price index
Assumption about prices in the short run
Payment to labor
Price index used by the U.S. government (abbreviation plus a word)
Variables determined within the model
Person the public holds responsible for fiscal policy
Rate of unemployment consistent with full employment
GDP in today's prices
Chairperson of the U.S. central bank
Short-hand expression for agency in charge of monetary policy
President-elect