Crossword Answers

a series of points along a curve in the Edgeworth box which indicate where two parties get the same utility from a commodity on the curve and less utility from a commodity away from the curve

a method of controlling exchange rates, where they are fixed at a certain rate but then allowed to move up or down by small amounts repeatedly

 a reduction in consumers’ surplus caused by a fall in quantities of a product produced, especially when a monopoly producer keeps production low to maintain high prices

 the change from high birth and death rates seen in less developed countries to low birth and death rates seen in developed countries

the proportion of a country’s population who are not of working age seen as a ratio of those who are of working age.

different tariffs for different classes of goods as when imports from certain countries are taxed more heavily than similar imports from other countries

a situation in which the official unemployment statistics hide the fact that some people are not registered as unemployed when they could be

 a variable with the value of either 1 or 0, used to indicate that some characteristic is present or absent

 a curve which indicates how an individual’s income is spent

as seen in advance, expectations of what will happen in the future have an effect on planning.