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Ayanna Green
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Decks in this class (24)
Chapter 5 (5.3)
Economic growth theory aims to ex...,
Potential gdp isthe upward trend ...,
Which of the following is not a d...
12
cards
Chapter 5 (5.2)
Because of how it is defined the ...,
The unemployment rate is defined ...,
A decline in the rate of inflatio...
5
cards
Chapter 5 (5.1)
If real gdp is growing at a 2 per...,
If real gdp and population grow a...,
As a rule of thumb a recession is...
5
cards
Chapter 6 (6.1)
Gdp is a measure of the value ofa...,
Which of the following is most li...,
Gdp can be calculated by adding t...
9
cards
Chapter 6 (6.2)
A reduction in the government bud...,
National saving isthe amount of s...,
Government saving equalsgovernmen...
3
cards
Chapter (6.3)
A measure of production that does...,
A rise in nominal gdp indicates t...,
Nominal gdp always grows faster t...
5
cards
Chapter 6 (6.4)
Gdp is a perfect measure of produ...,
To be included in gdp an activity...,
The consumption of leisureis alwa...
4
cards
Chapter 8 (8.1)
The most difficult part of measur...,
To be counted as unemployed a per...,
In an economy the working age pop...
10
cards
Chapter 8 (8.2)
A person who quits a job is not c...,
A person who quits a job is not c...,
The incidence of unemployment is ...
3
cards
Chapter 8 (8.3)
According to the labor supply cur...,
According to the labor demand cur...,
All else being constant an increa...
9
cards
Chapter 15
1 when tax revenues are equal to ...,
Which of the following type of ta...,
The federal government uses all t...
6
cards
Chapter 15.2
To reduce the size of economic fl...,
An increase in government spendin...,
Which of the following would caus...
11
cards
Chapter 15.3
The size of the budget deficit de...,
The structural budget surplus is ...,
Real gdp and the budget deficit a...
3
cards
Chapter 15.4
If the government debt is 200 bil...,
If the government debt is 320 bil...
2
cards
Chapter 11
Barter represents a great technol...,
Only money can serve as a store o...,
Money is always a good store of v...
8
cards
Chapter 11.2
The central bank of the united st...,
One of the functions of the fed i...,
The federal reserve system is a g...
9
cards
Chapter 11.4
The relationship between money an...,
The quantity equation is written ...,
In the long run an increase in th...
6
cards
Chapter 12.1
When firms are at full capacity r...,
According to real business cycle ...,
Economic fluctuations are largely...
5
cards
chap 12.2
To forecast real gdp economic for...,
A conditional forecast of real gd...,
In the united states consumption ...
3
cards
chapter 12.3
The marginal propensity to consum...,
Government purchases equal 200 mi...,
According to the consumption func...
5
cards
chapter 16.1
Assets on the balance sheet of th...,
Changes in the monetary base even...
2
cards
chapter 16.2
The policy of quantitative easing...,
Quantitative easing refers tothe ...,
A situation in which further incr...
3
cards
chapter 16.3
Which of the following would caus...,
If the fed believes that real gdp...,
When the actual and target rate o...
5
cards
16.4
Suppose real and potential gdp ar...,
The ad ai analysis in conjunction...,
The phillips curve reflects a pos...
5
cards
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MacroEco
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