Macroeconomics

If the following shift occurs what will happen to inflation?

Fiscal policy is involved in changing which two parts of the GDP calculator?

What group will be most negatively effected by inflation?

Very high levels of inflation are called___and are usually caused by nations___too much money.

What phase of the business cycle is point 1

Which of the following is not a goal of both monetary and fiscal policy?

Which national institution does Monetary Policy and how?

What phase of the business cycle is point 2?

If Government increases spending and decreases taxes a negative effect will be...

During this period of time unemployment will most likely increase

If your job was replaced by a new form of technology you are..

Which of the following will be least likely to occur in a contraction?

in this phase of the business cycle the circular flow will slow down

The production in the country are rising at which phase

Which national institution does Fiscal Policy and how?

If the unemployment rate is to high which graph should the Fed and government work for?

What rate of unemployment is seen as natural in the USA?

If you work on a golf course in up state NY you may experience what type of unemployment?

When the economy is in stage 4 the government may use ______________ to slow it down.

If the discount rate is lowered the Fed is trying encourage what phase of the business cycle

When Aggregate Demand increases jobs and GDP are represented by which?

We measure this indicator by calculating the price of a specific basket of goods

What phase of the business cycle is point 3?

At what phase will inflation most likely be a growing problem?

What rate of inflation is called creeping and is seen as natural in the USA?

What phase of the business cycle is point 4?

Which of these indicators of the health of the economy is not one of the big 3

The amount of money spent from households is which part of GDP calculation?

Which of these graphs will cause prices to rise? 2 correct

Which of these graphs shows Cost-Push Inflation?

This period on the business cycle is often refered to as a recession

Which of the following is a regulation that could require banks to hold onto more money?

Which term is the best indicator of how much value the nation produces in a given period.

This picture shows what type of economic policy?

Which of the following situations could not be handled by Fiscal or Monetary Policy?

C+I+G+Nx=

Which of these graphs shows Demand-Pull Inflation?

Unemployment stops falling at this phase of the business cycle

Which of the following is not a tool of the Federal Reserve Bank?

What is the Fed trying to do when they are using expansionary monetary policy?