This class was created by Brainscape user Janelle DeWilde. Visit their profile to learn more about the creator.

Decks in this class (14)

Chapter 9
Business cycles are 1,
In the macroeconomic short run pr...,
A period when economic growth is ...
21  cards
Chapter 10
1 expansionary policies are polic...,
2 stabilization policies are poli...,
3 automatic stabilizers 3
22  cards
Chapter 11
In the keynesian cross model the ...,
In a simple demand side model wit...,
If the consumption function is c ...
25  cards
Chapter 12
The interest rates quoted in the ...,
Firms are likely to _______ inves...,
The model in which a downturn in ...
11  cards
Chapter 13
1 the supply of money in the econ...,
2 in the ______ increases in the ...,
4 barter transactions will occur ...
28  cards
Chapter 14
In the short run when prices don ...,
4 the transactions demand for mon...,
5 the opportunity cost of holding...
18  cards
EXTRA Exam 2 Prep
The present value of a given paym...,
If the banking system has a requi...,
If the fed sells 75 million of us...
10  cards
Chapter 2
The ability of an economy to prod...,
Production possibilities curve 2,
Marginal principle 3
8  cards
Chapter 5
In factor markets 1,
In factor markets 1,
Production markets 2
32  cards
Assignment 5
Suppose the unemployment rate is ...,
The keynesian aggregate supply cu...,
In the long run an increase in th...
9  cards
Chapter 15
The long run aggregate supply cur...,
Liquidity trap 2,
Political business cycle 3
18  cards
Chapter 16
1 compared to other countries inf...,
2 if workers confuse real and nom...,
Suppose the inflation rate is 4 t...
19  cards
Chapter 17
Government expenditures are defin...,
A deficit is defined as 2,
If there was a federal budget sur...
16  cards
Chapter 7
Wages and prices are fully flexib...,
Full employment output is determi...,
1 classical economics is based on...
21  cards

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Econ

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