Economics 101 Multiple Choice Questions for Final Examination Miller
... b. an increase in real interest rates c. an appreciation of the American dollar d. a decrease in the money supply 16. Assume that an economy begins in macroeconomic equilibrium. Then, taxes are significantly decreased. As a result of this change: a. there is expansion and inflation in the US c. ther ...
... b. an increase in real interest rates c. an appreciation of the American dollar d. a decrease in the money supply 16. Assume that an economy begins in macroeconomic equilibrium. Then, taxes are significantly decreased. As a result of this change: a. there is expansion and inflation in the US c. ther ...
Presentation to the SEMI 2013 Industry Strategy Symposium
... Here it is in a nutshell: The Fed is missing on both of its goals, especially the maximumemployment mandate. And there are risks that the economy will slow further. The implications are clear. The Fed must do what it can to help the economy improve. Our main tool for stimulating the economy is to lo ...
... Here it is in a nutshell: The Fed is missing on both of its goals, especially the maximumemployment mandate. And there are risks that the economy will slow further. The implications are clear. The Fed must do what it can to help the economy improve. Our main tool for stimulating the economy is to lo ...
Notes - Angelfire
... A price index is a measurement that shows how the average price of a standard group of goods changes over time. The consumer price index (CPI) is computed each month by the ___________________________. CPI is determined by measuring the price of a _________________ meant to represent the typical ...
... A price index is a measurement that shows how the average price of a standard group of goods changes over time. The consumer price index (CPI) is computed each month by the ___________________________. CPI is determined by measuring the price of a _________________ meant to represent the typical ...
Supply Side Approaches
... The term 'Classical' refers to work done by a group of economists in the 18th and 19th centuries. Much of this work was developing theories about the way markets and market economies work. Much of this work has subsequently been updated by modern economists and they are generally termed neoclassical ...
... The term 'Classical' refers to work done by a group of economists in the 18th and 19th centuries. Much of this work was developing theories about the way markets and market economies work. Much of this work has subsequently been updated by modern economists and they are generally termed neoclassical ...
ECCU_en.pdf
... ECCU posted a fiscal surplus of 100.2 million Eastern Caribbean Dollars (EC$) (0.8% of GDP) in June 2013, in marked contrast with the deficit of EC$ 38.97 million (0.3% of GDP) recorded for the same period in 2012. This improvement was attributable to both higher current revenues and lower governmen ...
... ECCU posted a fiscal surplus of 100.2 million Eastern Caribbean Dollars (EC$) (0.8% of GDP) in June 2013, in marked contrast with the deficit of EC$ 38.97 million (0.3% of GDP) recorded for the same period in 2012. This improvement was attributable to both higher current revenues and lower governmen ...
34 The Influence of Monetary and Fiscal Policy on Aggregate Demand
... the most important factors is the interest rate. • People choose to hold money instead of other assets that offer higher rates of return because money can be used to buy goods and services. • The opportunity cost of holding money is the interest that could be earned on interest-earning assets. • An ...
... the most important factors is the interest rate. • People choose to hold money instead of other assets that offer higher rates of return because money can be used to buy goods and services. • The opportunity cost of holding money is the interest that could be earned on interest-earning assets. • An ...
Infrastructure
... bodies for pet projects that serve the interests local districts these legislators represent, rather than the interests of the larger population. Legislators vigorously promote such projects' funding because they will pump outside taxpayers' money and resources into the area they represent and is li ...
... bodies for pet projects that serve the interests local districts these legislators represent, rather than the interests of the larger population. Legislators vigorously promote such projects' funding because they will pump outside taxpayers' money and resources into the area they represent and is li ...
AIReF ENDORSES THE SPANISH GOVERNMENT`S
... tensions whose impact may be to push up the oil price could hold back world growth. In the financial sphere, the lack of any synchronisation of monetary policy in the advanced economies might end up triggering a change in the configuration of exchange rates and an unexpected increase in volatility a ...
... tensions whose impact may be to push up the oil price could hold back world growth. In the financial sphere, the lack of any synchronisation of monetary policy in the advanced economies might end up triggering a change in the configuration of exchange rates and an unexpected increase in volatility a ...
Common Course Outline - South Central College
... Describe expansionary and contractionary policies. Explain when deficits or surpluses are appropriate from a Keynesian perspective. Identify limitations of fiscal policy. Explain potential dangers of a large public debt. Evaluate recent fiscal policy responses to the Great Recession. ...
... Describe expansionary and contractionary policies. Explain when deficits or surpluses are appropriate from a Keynesian perspective. Identify limitations of fiscal policy. Explain potential dangers of a large public debt. Evaluate recent fiscal policy responses to the Great Recession. ...
Averting a Fiscal Crisis PowerPoint
... investors to demand higher interest payments, increasing the costs of financing new debt ...
... investors to demand higher interest payments, increasing the costs of financing new debt ...
Intertemporal Approach to the Current Account
... lifetime disposable income. Consumers should increase savings today. Examples: ...
... lifetime disposable income. Consumers should increase savings today. Examples: ...
Circular Flow
... Because land, labor and capital are generally owned by households, firms must pay for their use This payment along with profits become income and purchasing power that can be used to buy goods and services These payments are referred to as resource income ...
... Because land, labor and capital are generally owned by households, firms must pay for their use This payment along with profits become income and purchasing power that can be used to buy goods and services These payments are referred to as resource income ...
This PDF is a selection from a published volume from... Bureau of Economic Research Volume Title: NBER International Seminar on Macroeconomics
... (3) perceived risk of default, and (4) risk aversion with respect to the risk of default. These have played different roles in different countries and at different times. Laubach notes that only the first two have been relevant in the United States, with (in his judgment) the macrocyclical effects d ...
... (3) perceived risk of default, and (4) risk aversion with respect to the risk of default. These have played different roles in different countries and at different times. Laubach notes that only the first two have been relevant in the United States, with (in his judgment) the macrocyclical effects d ...
Dr E`s Study Guide for ECO 011
... 6. The actual rate rises above the natural rate during a recession and falls below the natural rate during an economic boom. 7. The unemployment rates of major European countries were substantially higher in the last decade than the comparable figures for the United States and Japan. ...
... 6. The actual rate rises above the natural rate during a recession and falls below the natural rate during an economic boom. 7. The unemployment rates of major European countries were substantially higher in the last decade than the comparable figures for the United States and Japan. ...
Homework 3 Macroeconomics 105.18 Instructor: Shana M
... b. If the money supply is growing at a rate of 5% per year, real GDP (real output) is growing at a rate of 1% per year, and velocity growing at 2% per year instead of remaining constant, what will the inflation rate be? (2 points) ...
... b. If the money supply is growing at a rate of 5% per year, real GDP (real output) is growing at a rate of 1% per year, and velocity growing at 2% per year instead of remaining constant, what will the inflation rate be? (2 points) ...
The Importance of Keynes
... 2008-9 crisis has seen an upsurge in the wave of references to Keynes Which aspects of Keynes’s analysis and recommendations do economists wish to see accepted and implemented and which are still rejected and misunderstood? “Is the return to Keynes” plea matched by original research into his w ...
... 2008-9 crisis has seen an upsurge in the wave of references to Keynes Which aspects of Keynes’s analysis and recommendations do economists wish to see accepted and implemented and which are still rejected and misunderstood? “Is the return to Keynes” plea matched by original research into his w ...
Final Exam Study Guide
... Economics is concerned with the efficient use of limited productive resources to achieve maximum satisfaction of human wants. Economic perspective has three interrelated features: o Scarcity requires choice and that all choices entail a cost; o People are rational decision makers who make choices ba ...
... Economics is concerned with the efficient use of limited productive resources to achieve maximum satisfaction of human wants. Economic perspective has three interrelated features: o Scarcity requires choice and that all choices entail a cost; o People are rational decision makers who make choices ba ...
PowerPoint プレゼンテーション
... • Competitiveness was regained by investing in mass production and new technology. Industry must exit if uncompetitive (coal). • Funds: profits from the Korean War boom. • Tight macroeconomic policy under a fixed Anti-rationalization rally, 1961 exchange rate to force rationalization. • 1956 Economi ...
... • Competitiveness was regained by investing in mass production and new technology. Industry must exit if uncompetitive (coal). • Funds: profits from the Korean War boom. • Tight macroeconomic policy under a fixed Anti-rationalization rally, 1961 exchange rate to force rationalization. • 1956 Economi ...
The Rationale for Enhancing NEA Economic Co
... qualitative country-specific and sectorspecific enquiries. Both levels of analyses are mostly not the common base of policy dialogues between all groups of the civil society. There is reluctance and even resistance ...
... qualitative country-specific and sectorspecific enquiries. Both levels of analyses are mostly not the common base of policy dialogues between all groups of the civil society. There is reluctance and even resistance ...
Question Sheet QandAs - University of Leicester
... Companies encourage their employees to hold stock in the company because it gives the employees the incentive to care about the firm’s profits, not just their own salary. Then, if employees see waste or see areas in which the firm can improve, they will take actions that benefit the company because ...
... Companies encourage their employees to hold stock in the company because it gives the employees the incentive to care about the firm’s profits, not just their own salary. Then, if employees see waste or see areas in which the firm can improve, they will take actions that benefit the company because ...
Annual Defense Budget - National Priorities Project
... continue to operate at existing funding levels if an appropriations bill has not been adopted by the start of the fiscal year. Discretionary Spending — The money the President must request and Congress must approve each year. As opposed to… Mandatory Spending — The money the federal government spend ...
... continue to operate at existing funding levels if an appropriations bill has not been adopted by the start of the fiscal year. Discretionary Spending — The money the President must request and Congress must approve each year. As opposed to… Mandatory Spending — The money the federal government spend ...
chapter_10
... 2) Growth rate of GDP in U.S. vs other countries -- when incomes in U.S. increase faster than other countries U.S. consumers’ purchase of foreign goods will be greater than that of foreign consumers’ purchase of U.S. goods. Leads to ↓ in net exports since exports ↓ and imports ↑ 3) Exchange Rate: ...
... 2) Growth rate of GDP in U.S. vs other countries -- when incomes in U.S. increase faster than other countries U.S. consumers’ purchase of foreign goods will be greater than that of foreign consumers’ purchase of U.S. goods. Leads to ↓ in net exports since exports ↓ and imports ↑ 3) Exchange Rate: ...
... transfers of funds for working capital as a State budget item. Until 2013, State enterprises could retain no more than 30% of their after-tax profits, a share that was increased to 50% in 2014. Another measure taken with effect from 2014 to increase their liquidity was that depreciation and amortiza ...