Moderate difficulty suitable for most players
Arcane Constructs of Economic Alchemy
Challenging puzzle for experienced crossword solvers
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Across
- 1. Simultaneous buying and selling to exploit price differences
- 2. Degree to which assets can be quickly converted to cash
- 3. Demand-driven approach opposing classical laissez-faire
- 4. Nobel laureate behind monetarist paradigm shifts
- 5. Market form with few players controlling the share
- 9. Invisible hand’s preferred environment without intervention
- 14. Persistent rise in general price levels
- 16. Decrease in value of an asset over time
- 18. The paradox of inflation meeting stagnant growth
- 21. Economic side effect not accounted for in costs
- 23. The larger economic system or aggregate phenomena
- 25. Spread risk across assets to mitigate volatility
- 26. Integrated sales approach crossing multiple economic platforms
- 28. Tax on imports to protect domestic producers
Down
- 6. Direct exchange absent monetary mediation
- 7. Controlled distribution often during scarcity or crisis
- 8. Collusive group controlling prices to dominate market
- 10. Single buyer controls the terms of trade
- 11. Law about bad money driving out good
- 12. Type of easing that inflates the money stock
- 13. Theory that values each unit by its incremental benefit
- 15. Company controlled by another overarching entity
- 17. Approach emphasizing government spending and taxation
- 19. System where private property drives investment and innovation
- 20. Investment in a risky but potentially lucrative enterprise
- 22. Economist who praised creative destruction
- 24. Opposite effect of inflation on currency value
- 27. Initial resources or capital allocated in economic models
- 29. Government debt with a crown or independent issuer
- 30. Efficiency concept where no one can be better off without harm
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