1. The exchange rate is ____________________________________________ A) the price of one currency relative to gold. B) the value of a currency relative to inflation. C) the change in the value of money over time. D) the price of one currency relative to other currency - -D -2. When the value of th...
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macroeconomics - -the study of the economy as a whole 1. economic growth 2. unemployment 3. inflation 4. monetary and fiscal policy -microeconomics - -the study of decision making by individuals and firms along with how the government influences those decisions Ex: 1. Disney raising their t...
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Add to cartmacroeconomics - -the study of the economy as a whole 1. economic growth 2. unemployment 3. inflation 4. monetary and fiscal policy -microeconomics - -the study of decision making by individuals and firms along with how the government influences those decisions Ex: 1. Disney raising their t...
inflation targeting - -a system in which the central bank attempts to achieve a certain rate of change in the overall price level within some period is referred to as -the taylor rule - -implies that the nominal federal funds rate should be increased if there is a positive output gap or a positiv...
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Add to cartinflation targeting - -a system in which the central bank attempts to achieve a certain rate of change in the overall price level within some period is referred to as -the taylor rule - -implies that the nominal federal funds rate should be increased if there is a positive output gap or a positiv...
What is the problem with using barter for transactions? What is the advantage of using money for transactions instead of barter? - -• Requires a double coincidence of wants • Money simplifies and increases the number of market transactions • Money promotes economic growth -What are the f...
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Add to cartWhat is the problem with using barter for transactions? What is the advantage of using money for transactions instead of barter? - -• Requires a double coincidence of wants • Money simplifies and increases the number of market transactions • Money promotes economic growth -What are the f...
What date/time are the Open Zoom Hel Hours for our class? - -Monday's & Wednesday's at 10am ET -The following are questions about Ordinance 2145 put in place by the Borough of State College. In all housing types, gathers of more than __ persons shall be prohibited. Any person found to have ...
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Add to cartWhat date/time are the Open Zoom Hel Hours for our class? - -Monday's & Wednesday's at 10am ET -The following are questions about Ordinance 2145 put in place by the Borough of State College. In all housing types, gathers of more than __ persons shall be prohibited. Any person found to have ...
What is the Business Cycle? - -Refers to the alternating periods of expansion and recession that the U.S. economy has experienced since at least the early nineteenth century. -What is a Business Cycle Expansion? - -A period during which total production and total employment are increasing. -Wh...
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Add to cartWhat is the Business Cycle? - -Refers to the alternating periods of expansion and recession that the U.S. economy has experienced since at least the early nineteenth century. -What is a Business Cycle Expansion? - -A period during which total production and total employment are increasing. -Wh...
Which of the following is not one of the questions that all economies must answer? a. What to produce? b. how to produce? c. what price to produce at? d. none of the above - -c. what price to produce at? -Opportunity Costs are? a. Always present in any action b. The lost benefit of the best...
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Add to cartWhich of the following is not one of the questions that all economies must answer? a. What to produce? b. how to produce? c. what price to produce at? d. none of the above - -c. what price to produce at? -Opportunity Costs are? a. Always present in any action b. The lost benefit of the best...
What economic concept was used as an example in the Concrete Examples video you were required to watch? Dual Coding means which of the following? - -scarcity Using both words and visuals while studying concepts. -Interleaving means you shouldn't study one idea for too long. Instead, you ...
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Add to cartWhat economic concept was used as an example in the Concrete Examples video you were required to watch? Dual Coding means which of the following? - -scarcity Using both words and visuals while studying concepts. -Interleaving means you shouldn't study one idea for too long. Instead, you ...
The business cycle - -Alternating rises and declines in the Rea GDP -4 phases of the business cycle - -Peak Recession-more than 6 month (decline) Trough Expansion -The business cycles vary greatly in - -Duration intensityn -Causation - -changes in the levels of total spending ( majo...
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Add to cartThe business cycle - -Alternating rises and declines in the Rea GDP -4 phases of the business cycle - -Peak Recession-more than 6 month (decline) Trough Expansion -The business cycles vary greatly in - -Duration intensityn -Causation - -changes in the levels of total spending ( majo...
The most important determinant of consumer spending is - -The level of Income -Compare the effect of a discretionary cut in taxes of $ 40 billion on the economy when the economy's marginal propensity to consume is 0.9 with the effect of a discretionary increase in government spending of $36 bill...
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Add to cartThe most important determinant of consumer spending is - -The level of Income -Compare the effect of a discretionary cut in taxes of $ 40 billion on the economy when the economy's marginal propensity to consume is 0.9 with the effect of a discretionary increase in government spending of $36 bill...
The most important determinant of consumer spending is - -The level of Income -Compare the effect of a discretionary cut in taxes of $ 40 billion on the economy when the economy's marginal propensity to consume is 0.9 with the effect of a discretionary increase in government spending of $36 bill...
Preview 1 out of 4 pages
Add to cartThe most important determinant of consumer spending is - -The level of Income -Compare the effect of a discretionary cut in taxes of $ 40 billion on the economy when the economy's marginal propensity to consume is 0.9 with the effect of a discretionary increase in government spending of $36 bill...
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