Review Sheet for Unit IV Exam Ch. 12.1, 12.2, 12.3, 13.1, 13.2, 13.3
... ABOUT THE NOTE CARDS: You are allowed – and encouraged – to create and use a note card (one side) to help remember concepts. This must be hand-written and completely original. Photocopies and/or computer printouts will not be allowed. Do this by hand, and do your own work. Failure to follow these ru ...
... ABOUT THE NOTE CARDS: You are allowed – and encouraged – to create and use a note card (one side) to help remember concepts. This must be hand-written and completely original. Photocopies and/or computer printouts will not be allowed. Do this by hand, and do your own work. Failure to follow these ru ...
FedViews
... Recent data continue to indicate a strengthening recovery. Fourth-quarter real GDP growth suggested a little less momentum than we expected in domestic demand. We expect a further modest dip in GDP growth in the current quarter, reflecting two main factors. First, firms are likely to reduce their ac ...
... Recent data continue to indicate a strengthening recovery. Fourth-quarter real GDP growth suggested a little less momentum than we expected in domestic demand. We expect a further modest dip in GDP growth in the current quarter, reflecting two main factors. First, firms are likely to reduce their ac ...
Transcript
... The decrease in military spending that occurred after WWII dwarfs the decreases that followed either the Korean or Vietnam conflicts. For example, between 1953 and 1956 military spending fell by about 27 percent. Following the Vietnam conflict, military spending fell by only 10 percent. In contrast, ...
... The decrease in military spending that occurred after WWII dwarfs the decreases that followed either the Korean or Vietnam conflicts. For example, between 1953 and 1956 military spending fell by about 27 percent. Following the Vietnam conflict, military spending fell by only 10 percent. In contrast, ...
Economic Terms Powerpoint
... a downturn in business activity and economic prosperity; not as severe as a depression 6 Months straight of negative growth in a country’s GDP. ...
... a downturn in business activity and economic prosperity; not as severe as a depression 6 Months straight of negative growth in a country’s GDP. ...
Chapter 10: Economic Performance
... Explain the 3 components of Gross Domestic Product: A. Final Output B. Current Year C. Output Produced Within National Borders Explain the four sectors of the product market used to make up the GDP (Output-Expenditure Model): A. Personal Consumption Expenditures B. Gross Investment C. Government Pur ...
... Explain the 3 components of Gross Domestic Product: A. Final Output B. Current Year C. Output Produced Within National Borders Explain the four sectors of the product market used to make up the GDP (Output-Expenditure Model): A. Personal Consumption Expenditures B. Gross Investment C. Government Pur ...
here (Office document, 745kB)
... Interventionist and regulatory (with some Keynesian overtones): • nationalising banks/ regulating financial system (e.g. one-off levy on bank bonuses) • bringing forward capital investment projects • jobs initiative for young people (‘Future Jobs Fund’) • vehicle scrappage scheme • monetary policy - ...
... Interventionist and regulatory (with some Keynesian overtones): • nationalising banks/ regulating financial system (e.g. one-off levy on bank bonuses) • bringing forward capital investment projects • jobs initiative for young people (‘Future Jobs Fund’) • vehicle scrappage scheme • monetary policy - ...
CHAPTER 4: GLOBAL ECONOMICS
... 4. STABLE PRICES- PRICES THAT DO NOT INCREASE IN A SHORT PERIOD OF TIME. ...
... 4. STABLE PRICES- PRICES THAT DO NOT INCREASE IN A SHORT PERIOD OF TIME. ...
Four Phases of the Business Cycle
... • Recession Phase - turning point from prosperity to depression • economic activities slow down • when demand starts falling, the overproduction and future investment plans are also given up • steady decline in the output, income, employment, prices and profit • businessmen lose confidence and becom ...
... • Recession Phase - turning point from prosperity to depression • economic activities slow down • when demand starts falling, the overproduction and future investment plans are also given up • steady decline in the output, income, employment, prices and profit • businessmen lose confidence and becom ...
Brazilian waxing and waning
... swelled by another 2.5 percentage points). For the first time since 1997 the government failed to set aside any money to pay back creditors. Its planned primary surplus for this year, which excludes interest owed on debt, of 1.2% of GDP is now expected to turn into a 0.9% deficit. Brazil’s gross gov ...
... swelled by another 2.5 percentage points). For the first time since 1997 the government failed to set aside any money to pay back creditors. Its planned primary surplus for this year, which excludes interest owed on debt, of 1.2% of GDP is now expected to turn into a 0.9% deficit. Brazil’s gross gov ...
46 The business cycle - Cambridge University Press
... provides. There is a budget surplus when a government takes in more in taxes than it spends; there is a budget deficit when a government takes in less in taxes than it spends. ...
... provides. There is a budget surplus when a government takes in more in taxes than it spends; there is a budget deficit when a government takes in less in taxes than it spends. ...
Gross domestic product phase 3 notes
... Prosperity begins to wear off – economy begins to shrink Production begins to slow People aren’t buying as much as they normally do Unemployment is on the rise If contractions last long enough they can be considered recessions and potentially become depressions ...
... Prosperity begins to wear off – economy begins to shrink Production begins to slow People aren’t buying as much as they normally do Unemployment is on the rise If contractions last long enough they can be considered recessions and potentially become depressions ...
Agenda
... -decrease of taxes increases C Keynesian view subscribe to Fiscal Policies i.e.: Great Depression ...
... -decrease of taxes increases C Keynesian view subscribe to Fiscal Policies i.e.: Great Depression ...
Notes on Economics
... counterproductive. The Austrian school holds a special view of the modern business cycle; it contends that boom cycles are actually a misallocation of capital resources caused by interfering monetary policy. When central banks effectively expand the money supply by lowering interest rates, it create ...
... counterproductive. The Austrian school holds a special view of the modern business cycle; it contends that boom cycles are actually a misallocation of capital resources caused by interfering monetary policy. When central banks effectively expand the money supply by lowering interest rates, it create ...
PP--Government Efforts to Combat the Economic Crisis
... The “Great Recession”: The Government’s Response ...
... The “Great Recession”: The Government’s Response ...
5/7 Warm Up
... do to taxes & gov’t spending during a time of recession? During a period of rapid inflation? ...
... do to taxes & gov’t spending during a time of recession? During a period of rapid inflation? ...
... Data released since your last Directors' meeting show that the economy continues to expand slowly. The labor market remained weak in May as nonfarm payrolls fell and the unemployment rate rose. The four-week moving average of initial claims posted estimates above 400,000 for the past fourteen weeks ...
long-run economic growth
... Long-run growth is a relatively modern phenomenon. From 1000 to 1800, real aggregate output around the world grew less than 0.2% per year, with population rising at about the same rate. Economic stagnation meant unchanging living standards. For example, information on prices and wages from such sour ...
... Long-run growth is a relatively modern phenomenon. From 1000 to 1800, real aggregate output around the world grew less than 0.2% per year, with population rising at about the same rate. Economic stagnation meant unchanging living standards. For example, information on prices and wages from such sour ...
Document
... U.S. employment enters in 200K - 300K/month range >> Fed: On track to end QE mid-2014; Higher rates will NOT imperil the recovery. The Economic Outlook Group ...
... U.S. employment enters in 200K - 300K/month range >> Fed: On track to end QE mid-2014; Higher rates will NOT imperil the recovery. The Economic Outlook Group ...
Business Cycle
... The Main Idea In a market economy, there is an economic cycle, which includes four stages: prosperity, recession, depression, and recovery. These are also the four stages of the business cycle. In the last few decades, we have experienced the economic cycle a number of times. ...
... The Main Idea In a market economy, there is an economic cycle, which includes four stages: prosperity, recession, depression, and recovery. These are also the four stages of the business cycle. In the last few decades, we have experienced the economic cycle a number of times. ...
Macroeconomics Pt.3: Economic Instability A) Business Cycles and
... Large Economic growth is something that is beneficial to everyone. However, lower or decreases in Economic growth is also a matter of concern. When this happens, businesses lose sales, voters become unhappy, investors get nervous and even the stock market shows its disapproval. Because of this, Econ ...
... Large Economic growth is something that is beneficial to everyone. However, lower or decreases in Economic growth is also a matter of concern. When this happens, businesses lose sales, voters become unhappy, investors get nervous and even the stock market shows its disapproval. Because of this, Econ ...
Economics 157b Economic History, Policy, and Theory Short
... One major set of issues involves the business cycle. These are the short-run changes in output, employment, and inflation. Important business cycle questions: 1.What caused the global financial crisis of 2008? Why did it lead to the Great Recession that is still going on? 2.Why has unemployment rise ...
... One major set of issues involves the business cycle. These are the short-run changes in output, employment, and inflation. Important business cycle questions: 1.What caused the global financial crisis of 2008? Why did it lead to the Great Recession that is still going on? 2.Why has unemployment rise ...
EOCT Study Guide
... Economic Growth – an increase in real output as measured by real GDP or per capita real GDP Unemployment – the number of people in the civilian workforce over the age of 16 without jobs who are actively seeking work. Consumer Price Index (CPI) – a price index that measures the cost of a fixed basket ...
... Economic Growth – an increase in real output as measured by real GDP or per capita real GDP Unemployment – the number of people in the civilian workforce over the age of 16 without jobs who are actively seeking work. Consumer Price Index (CPI) – a price index that measures the cost of a fixed basket ...
Economics considerations for new and existing businesses
... has increased profitability. Firms with large loans benefit from inflation ...
... has increased profitability. Firms with large loans benefit from inflation ...