macroEcon question answers

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

Decks in this class (32)

multiplier and accelertor
What is the multiplier 1,
Accelerator 2,
What is the formula for mpc 3
4  cards
C I G
Define consumption 1,
Define investment 2,
What are the factors affecting co...
6  cards
factors affecting consumption
Factors affecting consumption 1
1  cards
lras/ppf
What does lras show 1,
What shifts lras 2,
What does a ppf shift mean 3
5  cards
objectives
What are the 5 main macro objecti...,
What is a policy objective 2,
What is policy instrument 3
3  cards
conflicting policy objs
What macro objs conflict with eac...,
How does full employment and pric...,
How does econ growth conflict wit...
6  cards
unemployment
What are the 2 ways we measure un...,
What are the 4 types of unemploym...,
What is frictional unemployment 3
8  cards
unemployment p2
What are the benefits of unemploy...,
What are some negatives of unempl...,
What are some demand side policie...
6  cards
BOP 1
What is the balance of payments 1,
What does the current account mea...,
What is primary income 3
4  cards
BOP 2
What are the influences on the cu...,
What are some external factors af...,
What are the bop policies 3
3  cards
exchange rates
Define exchange rates 1,
Spiced 2,
What are demand for exports influ...
3  cards
econ growth
Define short run econ growth 1,
Define long run econ growth 2,
What does lras show 3
6  cards
Bop Policies
I 1,
N 2,
D 3
5  cards
different types of inflation
Whats inflation 1,
Whats deflation 2,
Whats disinflation 3
5  cards
measure inflation
How to measure inflation 1,
Whats demand pull inflation 2,
Whats cost push inflation 3
6  cards
fiscal p1
What s is an expansionary policy 1,
What s a contraction policy 2,
Difference between indirect and d...
3  cards
tax types
Whats progressive tax 1,
Proportional 2,
Regressive 3
4  cards
monetary policies
What is monetary policy 1,
What are the 4 functions of money 2,
Explain medium of exchange 3
6  cards
monetary policies 2
What is the main policy objective...,
What are the effects of changes i...,
How the interest rates affect agg...
3  cards
quotas and tarrifs
What are quotas 1,
What are tarrifs 2
2  cards
Causes Of Demand Pul And Cost Push
R dp 1,
D dp 2,
C dp 3
8  cards
Tax And Agg Supply
What are the changes in tax rates...,
T 2,
A 3
5  cards
economists
What did milton friedman believe 1
1  cards
Maccy Knowlegde
What 1,
What is consumption function 2,
What is mpc 3
3  cards
SIDE SHOCKS
What are some demand side shocks 1,
Supply side shocks 2
2  cards
Macro Production Costa
What affects as on a macro level 1
1  cards
Auto Stabilsers
What are automatic stabilisers 1,
What s speculative demand 2
2  cards
Unempliyment 3
What s the classical approach 1,
What s a keynes approach 2,
What causes structural unemployme...
5  cards
Banks N Dhat
Why do banks fail 1
1  cards
Moral Hazards
What are moral hazards 1
1  cards
Rarionale Dor Import Controls
6 reasons 1,
What s dumping 2
2  cards
Floating Vs Fixed ER Eval
0  cards

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