Economy and the Fed

This is _______, she is the FED _______

Typically, these are quarterly payments a stockholder receives on an investment

What does the "M" mean in the GDP formula

The interest rate banks are charged when they borrow from the FED is called the 

A sustained long term economic downturn lasting longer than six months

When the Fed raises the reserve requirement, the money supply is ____ and interest rates ____

Central Bank of the United States created in 1913

What type of unemployment occurs when robots take over?

A share of ownership in a company; synonym = securities

Period of economic decline when GDP falls for six consecutive months

Which is NOT a duty of the Fed?

GDP spending by peeps abroad on US goods & services minus spending by US peeps on foreign goods

Which tool is used most often by the Fed?

Real goods and services that a dollar can buy

During a recession, what typically happens to unemployment?

Inflation can artificially inflate this measurement, making a country look more productive

7 members, elected for 14 year terms, by the President explains which group

What do we call GDP that has been adjusted for inflation?

Economists use this tool to determine the CPI and assess increases in prices

What type of unemployment is tied to ups and downs in the business cycle?

Unemployment data does NOT include these people?

based on the table, for what good could consumers by more with their money currently

What type of unemployment occurs when you are fired or quit on your own to find something new?

With a loose money policy, the Fed is trying to ____ saving and _____ spending

Businesses that are formed by selling shares of stock

GDP spending done by businesses on buildings, factories, or tools

What type of unemployment occurs to snowplow drivers in Cleveland in August?

Regulating inflation by changing the money supply is a job done by 

GDP spending by all levels of public service on items like the US military and highways

GDP spending on goods and services; 2/3 of all GDP spending

Actions taken by the Fed to change the money supply to influence the economy

Prolonged rise in the general price level of goods and services

Based on the table, which category experienced the greatest level of inflation?

Measure of changes in prices over time for a specific group of purchased goods & services 

Which part of the FED determines whether to raise or lower interest rates?

The total dollar value of all final goods & services produced in a nation during a single year