Economics

Consider the following T-account for National City Bank: Assets Liabilities Reserves 10,000 ...

Started by cnetterville

If strong aggregate demand is pushing the economy beyond potential real GDP, which of the following ...

Started by Caiter2013

Disposable personal income is defined as A) personal income less personal taxes. B) personal ...

Started by Ebrown

Planned aggregate expenditure is equal to A) consumption spending plus planned investment ...

Started by Mr3Hunna

The short-run Phillips curve will not shift unless there is A) an increase in inflation that is ...

Started by urbanoutfitters

On the 45-degree line diagram, the 45-degree line shows points where real aggregate expenditure ...

Started by iveyjurea

In 2014, global revenue for IBM was ________ when measured in local currencies than it was when ...

Started by clippers!

On the 45-degree line diagram, for points that lie above the 45-degree line A) planned aggregate ...

Started by eruditmonkey@yahoo.com

An economy that does not have interactions in trade or finance with other economies is referred to ...

Started by mspears3

If property rights are not enforced in a country A) that country will grow more rapidly because ...

Started by vHAUNG6011

When a recession ends A) the household sector decreases spending substantially. B) firms ...

Started by pepyto

The ________ the reserve ratio, the ________ the money multiplier. A) larger; larger B) smaller; ...

Started by kwoodring

If the nominal interest rate is 6 and the inflation rate is 2 then the real interest rate is A) ...

Started by jhjkgdfhk

An increase in investment causes the price level to ________ in the short run and ________ in the ...

Started by NClaborn

Robert Lucas, a Nobel laureate in economics, argues that there are increasing returns to A) ...

Started by TVarnum

The Social Security and Medicare programs have been a failure in terms of reducing poverty among ...

Started by cherise1989

Deflation occurs when A) there is a sustained increase in the price level. B) there is a ...

Started by mmm

Refer to Table 19-28. Based on the table above, what is national income for this economy? A) ...

Started by NClaborn

A decrease in aggregate demand causes a decrease in ________ only in the short run, but causes a ...

Started by luminitza

An increase in the money supply is a discretionary fiscal policy which will increase aggregate ...

Started by ts19998

If inflationary expectations on the part of the public increase, the trade-off between inflation and ...

Started by @Brianna17

For the recessions in the United States since the 1950s A) unemployment rises on average about 5 ...

Started by ss2343

Refer to Figure 26-12. In the dynamic AD-AS model, if the economy is at point A in year 1 and is ...

Started by chads108

Which of the following leads to a decrease in real GDP? A) an increase in interest rates B) an ...

Started by geodog55

Short-run macroeconomic equilibrium occurs when A) structural and frictional unemployment equal ...

Started by corkyiscool3328