Exam (elaborations)
Peregrine Exam Day 7 questions with verified answers
- Course
- Institution
Peregrine Exam Day 7
[Show more]
Seller
Follow
Content preview
Peregrine Exam Day 7price level - answersa measure of the average prices of goods and services in the
economy
Price levels are expressed in... - answerssmall ranges or as discrete values such as
dollar figures
Price levels are leading indicators in the economy; - answersrising prices, indicate
higher demand leading to inflation while declining prices indicate lower demand or
deflation
In the investment world.... - answersprice level is referred to as support and resistance,
which help define entry and exit points
monetary policy - answersGovernment policy that attempts to manage the economy by
controlling the money supply and thus interest rates.
Aggregate Demand - answersthe amount of goods and services in the economy that will
be purchased at all possible price levels
How is CPI used? - answers1. as a target policy: to gauge our success in low inflation
-to measure inflationary tendencies
2. to index payments
3. to translate from nominal to real values
, Consumer transaction - answersA transaction in which an individual incurs an obligation
primarily for personal, family, or household purposes.
economic growth - answersthe ability of the economy to increase the production of
goods and services
Increases in capital goods, labor force, technology, and human capital - answerscan all
contribute to economic growth
Economic growth is commonly measured in terms of the increase in aggregated market
value of additional goods and services produced - answersusing estimates such as
GDP
National Savings - answersthe sum of private savings and the budget balance, is the
total amount of savings generated within the economy
National savings rate is GDP that is... - answerssaved rather than spent in an economy
It is calculated as the difference between a nation's income and consumption divided by
income - answersNational savings rate
The_____ is an indicator of a nation's health as it show trends in savings, which lead to
investments - answersnational savings rate
Household savings can be a source of borrowing - answersfor governments to provide
funds for public works and infrastructure needs
fiscal policy - answersGovernment policy that attempts to manage the economy by
controlling taxing and spending.
monetary policy - answersGovernment policy that attempts to manage the economy by
controlling the money supply and thus interest rates.
Supply-side policies - answerseconomic policies designed to stimulate the economy by
increasing production
expansionary fiscal policy - answersAn increase in government purchases of goods and
services, a decrease in net taxes, or some combination of the two for the purpose of
increasing aggregate demand and expanding real output
expansionary monetary policy - answersmonetary policy that increases aggregate
demand
consumption - answersincreases because borrowing is now cheaper, but also because
people need to spend less on things such as mortgage interest payments.
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller DESTINYGRACE. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $14.49. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
75323 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now