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Across 3. cost of next best alternative forgone. (2 Words) 5. Organisation involves in economic activities to achieve certain objectives. (2 Words) 9. A group or organisation that oversees the society in collective manner for administering public policies. 11. record of countries export and import in monetary values with rest of the world. (3 Words) 13. government's policies through change in public spending and revenue in the greater welfare of the society. (2 Words) 15. a situation in which a willing worker fails to get work at existing wage rate. 17. the general and sustainable rise in the prices of goods and services over a period of time. 18. rise in the national output over a specific time period. (2 Words) 19. the cost of borrowing or lending money.

Down 1. expenditure to promote production and consumption of public and merit goods. (2 Words) 2. the government's bank which actively manages and controls the monetary policies. (2 Words) 4. a fall in the rate of inflation; that is inflation falls from 5 % to 3 %. 6. Acronym for a general body to promote trade among the member nations before 1995, now know as WTO. 7. government's receipts through tax and non tax measures. (2 Words) 8. policies undertaken by the central bank to regulate the liquidity through interest rate and reserve ratios. (2 Words) 10. basic facilities in the society to promote economic activities and social welfare. 12. inflation rate which does not influence the rate of unemployment.[Acronym 5L] 14. the difference of the monetary value of export to monetary value of import. (2 Words) 16. document consisting different government policies using changes in revenue and public spending to promote growth and higher standard of living.