2.2.
... When borrowing by consumers, businesses, and government increases, interest rates are likely to rise. See assignment in G:drive (Banks) ...
... When borrowing by consumers, businesses, and government increases, interest rates are likely to rise. See assignment in G:drive (Banks) ...
Read Publication - Policy Exchange
... uncommon. For example, there were double dip recessions in 1992 (output contracted in 1992Q2 after two quarters of growth), 1976 (output contracted in 1976Q2 after two quarters of growth), 1974 (output contracted in 1974Q4 after two quarters of growth), 1962 (output contracted in 1962Q4 after three ...
... uncommon. For example, there were double dip recessions in 1992 (output contracted in 1992Q2 after two quarters of growth), 1976 (output contracted in 1976Q2 after two quarters of growth), 1974 (output contracted in 1974Q4 after two quarters of growth), 1962 (output contracted in 1962Q4 after three ...
Macroeconomics I Final exam: sample questions
... D. another word for capital consumption allowances 2. If nominal GDP is $10,406 billion and the GDP-deflator is 105, then real GDP is about A. $11,450 billion B. $10,516 billion C. $10,296 billion D. None of the above 3. The money multiplier is the ratio of A. bank deposits divided by bank reserves ...
... D. another word for capital consumption allowances 2. If nominal GDP is $10,406 billion and the GDP-deflator is 105, then real GDP is about A. $11,450 billion B. $10,516 billion C. $10,296 billion D. None of the above 3. The money multiplier is the ratio of A. bank deposits divided by bank reserves ...
PREM Note 141 Great Depression.indd
... the current crisis is the role of the gold standard as a deflationary force. In the 1930s, most economists and policy makers saw the gold standard as the guarantor of economic stability. However, adherence to the gold standard proved to be quite dysfunctional under the economic conditions of the ear ...
... the current crisis is the role of the gold standard as a deflationary force. In the 1930s, most economists and policy makers saw the gold standard as the guarantor of economic stability. However, adherence to the gold standard proved to be quite dysfunctional under the economic conditions of the ear ...
The US Economy 1. How do economists define real gross domestic
... c. the value of all final goods and services produced over the course of a specified number of years d. the value of all capital goods and service produced during a single year adjusted for inflation 2. The economy tends to grow over time, but it does not grow at a constant rate. Which term describe ...
... c. the value of all final goods and services produced over the course of a specified number of years d. the value of all capital goods and service produced during a single year adjusted for inflation 2. The economy tends to grow over time, but it does not grow at a constant rate. Which term describe ...
Macroeconomic Indicators
... The Bureau of Economic Analysis and the Census Bureau publish information about U.S. international trade each month, including detailed data on imports and exports by country and by type of good. Interest rates determine consumers’ and businesses’ costs of borrowing credit and therefore affect their ...
... The Bureau of Economic Analysis and the Census Bureau publish information about U.S. international trade each month, including detailed data on imports and exports by country and by type of good. Interest rates determine consumers’ and businesses’ costs of borrowing credit and therefore affect their ...
Classical vs. Keynesian
... government. Competitive markets for labor, products, and financial assets would lead to flexible wages, prices, and interest rates that would keep the economy humming along near full employment, with only a minor recession here and there. {the invisible hand theory} ...
... government. Competitive markets for labor, products, and financial assets would lead to flexible wages, prices, and interest rates that would keep the economy humming along near full employment, with only a minor recession here and there. {the invisible hand theory} ...
Final Review Chapters 5-15
... Wages and revenue are delinked in modern economies There are more direct ways to influence D than through S Abstinence theory of interest is not correct since savers and investors have different motivations from each other, and from the interest rate. W/P flexibility was restricted on P side by mono ...
... Wages and revenue are delinked in modern economies There are more direct ways to influence D than through S Abstinence theory of interest is not correct since savers and investors have different motivations from each other, and from the interest rate. W/P flexibility was restricted on P side by mono ...
business cycle and unemployment
... The Business Cycle Illustrated: • Important note – The various phases of the business cycle last for different amounts of time. – In recent history, expansions have lasted years longer than have recessions. – The Great Depression is the most notable example of a long recession/trough ...
... The Business Cycle Illustrated: • Important note – The various phases of the business cycle last for different amounts of time. – In recent history, expansions have lasted years longer than have recessions. – The Great Depression is the most notable example of a long recession/trough ...
www.ksg.harvard.edu
... Kindleberger ’s “manias & panics” the “Minsky moment,” & Fisher’s “debt deflation.” ...
... Kindleberger ’s “manias & panics” the “Minsky moment,” & Fisher’s “debt deflation.” ...
5 Scenario Planning - LR Levin Consulting
... are how much new debt will the United States sell over the next 12 months? How much of the debt will China buy? How will the markets react in setting interest rates if China curtails buying our debt or to the level of oil prices if they begin to rise dramatically, etc? These are the kind of imponder ...
... are how much new debt will the United States sell over the next 12 months? How much of the debt will China buy? How will the markets react in setting interest rates if China curtails buying our debt or to the level of oil prices if they begin to rise dramatically, etc? These are the kind of imponder ...
Name:
... happen when a recession is forecast. Capital and durable goods industries therefore suffer large output declines during recessions. In contrast, consumers cannot long postpone the buying of nondurables such as food; therefore recessions only slightly reduce non-durable output. Also, capital and dura ...
... happen when a recession is forecast. Capital and durable goods industries therefore suffer large output declines during recessions. In contrast, consumers cannot long postpone the buying of nondurables such as food; therefore recessions only slightly reduce non-durable output. Also, capital and dura ...
Ireland
... FDI accompanied by increases in domestic investment Focus on improving education in 1980’s resulted in more efficient workforce Housing boom detracted from technological investment ...
... FDI accompanied by increases in domestic investment Focus on improving education in 1980’s resulted in more efficient workforce Housing boom detracted from technological investment ...
9-1 - Intro to Macro
... • The field of macroeconomics was born during the Great Depression. • Government didn’t understand how to fix a depressed economy with 25% unemployment. • Macro was created to: 1. Measure the health of the whole economy. 2. Guide government policies to fix problems. Copyright ACDC Leadership 2015 ...
... • The field of macroeconomics was born during the Great Depression. • Government didn’t understand how to fix a depressed economy with 25% unemployment. • Macro was created to: 1. Measure the health of the whole economy. 2. Guide government policies to fix problems. Copyright ACDC Leadership 2015 ...
Macroeconomics
... borrowers for funds & drive up interest rates, “crowding out” private borrowing, offsets the gov’t expansion 2.Money creation: When the Federal Reserve loans directly to the Gov’t by buying bonds, expansionary effect is greater since private investors are not buying bonds ...
... borrowers for funds & drive up interest rates, “crowding out” private borrowing, offsets the gov’t expansion 2.Money creation: When the Federal Reserve loans directly to the Gov’t by buying bonds, expansionary effect is greater since private investors are not buying bonds ...
File
... • The difference between actual growth and the trend rate of growth • Where would these be on your chart? • Output lost in a recession is regained in a boom but…. ...
... • The difference between actual growth and the trend rate of growth • Where would these be on your chart? • Output lost in a recession is regained in a boom but…. ...
The global financial crisis - III: What remedy?
... $1 trillion of losses remaining to be taken on these toxic assets. By contrast, the proposed nearly trillion dollar stimulus package to reflate the US economy is a ‘dog’s break- ...
... $1 trillion of losses remaining to be taken on these toxic assets. By contrast, the proposed nearly trillion dollar stimulus package to reflate the US economy is a ‘dog’s break- ...
Central banking, money and taxation
... are being used in the most economically efficient way. It is the highest amount of skilled and unskilled labor that could be employed within an economy at any given time. – full employment An amount produced or manufactured during a certain time – output An economic system with no barriers to free m ...
... are being used in the most economically efficient way. It is the highest amount of skilled and unskilled labor that could be employed within an economy at any given time. – full employment An amount produced or manufactured during a certain time – output An economic system with no barriers to free m ...
Chapter 12 GDP and Growth
... Aggregate demand • The amount of goods and services in the economy that will be purchased at all possible price levels ...
... Aggregate demand • The amount of goods and services in the economy that will be purchased at all possible price levels ...
september 2013 banks had $2.2 trillion in excess reserves
... NEW NORMAL Participation rate = % population over age of 16 in labor force January 2001 September 2013 ...
... NEW NORMAL Participation rate = % population over age of 16 in labor force January 2001 September 2013 ...
File - BSAK Business & Economics
... 1990-92 Burst of Leverage Bubble. The huge rise in asset (mainly house) prices caused by the Lawson Boom saw a rise in borrowing on the back of securities. The housing crash followed, leaving many in negative equity, bankrupting people and business. ...
... 1990-92 Burst of Leverage Bubble. The huge rise in asset (mainly house) prices caused by the Lawson Boom saw a rise in borrowing on the back of securities. The housing crash followed, leaving many in negative equity, bankrupting people and business. ...
Objective 1.02
... rise, and GDP growth slows for 2 or more quarters of the calendar year. • This phase may not be too serious or last very long, but it often signals trouble for some groups of workers in related businesses. • Some recessions last for long periods as fewer factors of production are used and demand fal ...
... rise, and GDP growth slows for 2 or more quarters of the calendar year. • This phase may not be too serious or last very long, but it often signals trouble for some groups of workers in related businesses. • Some recessions last for long periods as fewer factors of production are used and demand fal ...
Department of Finance Canada
... Source: Blue Chip Economic Indicators - January 2008 to May 2009. ...
... Source: Blue Chip Economic Indicators - January 2008 to May 2009. ...