Economics 111– Introduction to Economics
... Note: Neither (c) nor (d) can be correct since they involve household purchases, which count as consumption. (b) is not correct because the purchase counts as a US export, not as investment. ...
... Note: Neither (c) nor (d) can be correct since they involve household purchases, which count as consumption. (b) is not correct because the purchase counts as a US export, not as investment. ...
Business Studies 2015 Economics Level 2 Course Outline
... Glossary of Key Terms Fiscal Policy – when the government alters its spending and revenue to achieve economic goals Monetary Policy – when the Reserve Bank alters the supply of money or credit in the economy to achieve economic goals Supply-Side Policy – when the government alters the legal fr ...
... Glossary of Key Terms Fiscal Policy – when the government alters its spending and revenue to achieve economic goals Monetary Policy – when the Reserve Bank alters the supply of money or credit in the economy to achieve economic goals Supply-Side Policy – when the government alters the legal fr ...
Slide 1
... Economic Analysis - Canada Higher oil prices & slowing economy @ a more rapid rate than anticipated - affecting all areas Canadian $ fell to US$0.93 cents Economy forecasted to grow by only 1.7% in 2008, down from 2.7% in 2007 40% of Canada’s GDP generated from exports to USA Auto & auto ...
... Economic Analysis - Canada Higher oil prices & slowing economy @ a more rapid rate than anticipated - affecting all areas Canadian $ fell to US$0.93 cents Economy forecasted to grow by only 1.7% in 2008, down from 2.7% in 2007 40% of Canada’s GDP generated from exports to USA Auto & auto ...
Your Chapter 15-18 Questions Chapter 15 1. Money is a. a synonym
... A. The FDIC. B. The discount rate. C. The required reserve ratio, whether banks hold excess reserves, and whether there are leakages of currency. D. The federal funds rate The Federal Deposit Insurance Corporation (FDIC): A. Creates moral hazard problems in those big banks that take on more risk kno ...
... A. The FDIC. B. The discount rate. C. The required reserve ratio, whether banks hold excess reserves, and whether there are leakages of currency. D. The federal funds rate The Federal Deposit Insurance Corporation (FDIC): A. Creates moral hazard problems in those big banks that take on more risk kno ...
Unit 4 Overview
... are irregular and largely unpredictable. When recessions do occur, real GDP and other measures of income, spending, and production fall, and unemployment rises. Economists analyze short-run economic fluctuations using the model of aggregate demand and aggregate supply. According to this model, the o ...
... are irregular and largely unpredictable. When recessions do occur, real GDP and other measures of income, spending, and production fall, and unemployment rises. Economists analyze short-run economic fluctuations using the model of aggregate demand and aggregate supply. According to this model, the o ...
Ecuador_en.pdf
... that at least 45% of a bank’s assets must be held or invested in the country. Banks have therefore repatriated capital which has in turn been used to provide credit. Credit supply indicators confirm that rising domestic demand will be accompanied by higher private consumption. The specific lending s ...
... that at least 45% of a bank’s assets must be held or invested in the country. Banks have therefore repatriated capital which has in turn been used to provide credit. Credit supply indicators confirm that rising domestic demand will be accompanied by higher private consumption. The specific lending s ...
File
... What is Per Capita GDP and how is it measured? Why is it a good measure of a nation’s standard of living? What are the components of GDP and how much does each impact the economy? What is inflation? How does the government track it? What is the difference between any value that is nominal and any va ...
... What is Per Capita GDP and how is it measured? Why is it a good measure of a nation’s standard of living? What are the components of GDP and how much does each impact the economy? What is inflation? How does the government track it? What is the difference between any value that is nominal and any va ...
2007 Macro FRQ
... in part (b) on the nominal interest rate. Answer: Buying bonds would increase the MS and lower nominal Interest rates. (e) Assume that the Fed’s action results in some inflation. What would be the impact of the open-market operation on the real rate of interest? Explain. Answer: The real interest ra ...
... in part (b) on the nominal interest rate. Answer: Buying bonds would increase the MS and lower nominal Interest rates. (e) Assume that the Fed’s action results in some inflation. What would be the impact of the open-market operation on the real rate of interest? Explain. Answer: The real interest ra ...
Macroeconomic Goals and Instruments Macroeconomics
... surplus exists. A trade deficit occurs when the value of imports is greater than the value of exports. ...
... surplus exists. A trade deficit occurs when the value of imports is greater than the value of exports. ...
The Great Depression
... 1930s. It generally started in 1929 and lasted until the late 1930s. It was the longest, deepest, and most widespread depression of the 20th century. •The depression originated in the United States, after a fall in stock prices that began around September 4, 1929, and became worldwide news with the ...
... 1930s. It generally started in 1929 and lasted until the late 1930s. It was the longest, deepest, and most widespread depression of the 20th century. •The depression originated in the United States, after a fall in stock prices that began around September 4, 1929, and became worldwide news with the ...
Government Spending
... unemployment, a government may rise its spending in a bid to increase aggregate demand and the output of the economy. In contrast, if there is a high inflation rate the government may reduce its spending. ...
... unemployment, a government may rise its spending in a bid to increase aggregate demand and the output of the economy. In contrast, if there is a high inflation rate the government may reduce its spending. ...
ECONOMICS FINAL EXAM REVIEW SHEET
... What is cyclical unemployment? Structural? Seasonal? Frictional? Define wage rate and explain equilibrium wage. What is minimum wage and how does it affect the labor market? What is job discrimination? What is inflation? How do we calculate the Consumer Price Index? What are the problems with the CP ...
... What is cyclical unemployment? Structural? Seasonal? Frictional? Define wage rate and explain equilibrium wage. What is minimum wage and how does it affect the labor market? What is job discrimination? What is inflation? How do we calculate the Consumer Price Index? What are the problems with the CP ...
MONETARY AND FISCAL POLICIES
... and availability of credit in the economy. It deals with both the lending and borrowing rates of interest for commercial banks. • The Monetary Policy aims to maintain price stability, full employment and economic growth. • The Monetary Policy is different from Fiscal Policy as the former brings abou ...
... and availability of credit in the economy. It deals with both the lending and borrowing rates of interest for commercial banks. • The Monetary Policy aims to maintain price stability, full employment and economic growth. • The Monetary Policy is different from Fiscal Policy as the former brings abou ...
Guatemala_en.pdf
... year-on-year inflation rate of 9.4 %, well above the 4%-7% target range. To hold down inflationary pressure and as part of the adoption of explicit inflation targets, the monetary authorities raised the interest rate on seven-day deposit certificates from 6.5% in 2007 to 7.25% in December 2008. This ...
... year-on-year inflation rate of 9.4 %, well above the 4%-7% target range. To hold down inflationary pressure and as part of the adoption of explicit inflation targets, the monetary authorities raised the interest rate on seven-day deposit certificates from 6.5% in 2007 to 7.25% in December 2008. This ...
A rise in the price of oil imports has resulted in a decrease of short
... 16. Which of the following is in both M1 and M2? a. Bank reserves. b. Credit cards. c. Saving accounts. d. Checking accounts. 17. If we are in the inflationary gap, then in the long-run: a. prices will rise and output fall. b. output will rise and prices will fall. c. both prices and output will ris ...
... 16. Which of the following is in both M1 and M2? a. Bank reserves. b. Credit cards. c. Saving accounts. d. Checking accounts. 17. If we are in the inflationary gap, then in the long-run: a. prices will rise and output fall. b. output will rise and prices will fall. c. both prices and output will ris ...
Apply the IS
... • Expansionary monetary policy (rising money supply) → LM curve shifts to right • Result: the 2001 recession is short, and interest rate remained low ...
... • Expansionary monetary policy (rising money supply) → LM curve shifts to right • Result: the 2001 recession is short, and interest rate remained low ...
Chapter 8 Inflation and Unemployment
... (4) Must be actively seeking work or waiting to be recalled for a job. 1. Labor Force – those deemed unemployed and employed. To be considered unemployed you must not be working but have been looking for work in the last 4 weeks. 2. Labor Force Participation Rate – The percentage of working age popu ...
... (4) Must be actively seeking work or waiting to be recalled for a job. 1. Labor Force – those deemed unemployed and employed. To be considered unemployed you must not be working but have been looking for work in the last 4 weeks. 2. Labor Force Participation Rate – The percentage of working age popu ...
presentation file
... purchasers of securities backed by loans were assumed to earn and consume imputed interest, nominal and real GDP would be higher. More importantly, aggregate GDP would then not be affected by sales of loans into securitized structures. ...
... purchasers of securities backed by loans were assumed to earn and consume imputed interest, nominal and real GDP would be higher. More importantly, aggregate GDP would then not be affected by sales of loans into securitized structures. ...
Early 1980s recession
The early 1980s recession describes the severe global economic recession affecting much of the developed world in the late 1970s and early 1980s. The United States and Japan exited the recession relatively early, but high unemployment would continue to affect other OECD nations through to at least 1985. Long-term effects of the recession contributed to the Latin American debt crisis, the savings and loans crisis in the United States, and a general adoption of neoliberal economic policies throughout the 1980s and 1990s.