Ecn 211 exam 3 - Study guides, Class notes & Summaries

What is a recession? - correct answer economic contraction; two straight quarters of negative GDP growth What is a boom? - correct answer economic expansion; boom length does not predict a recession What are the characteristics of a good economy? - correct answer lots of job openings, firms are raising wages to attract workers, asset values are rising, consumers borrow and spend money freely What are the characteristics of a bad economy? - correct answer new job openings are sca...

Financial Markets - People save money that they don't intend to spend anytime soon Businesses need money to finance capital investment The purpose of financial markets is to match up savings with investment Banks are the primary financial institutions that seek to match up savings with investment Capital Investments - Capital investment allows a country to produce more goods and services Bond Market - To raise the money, it may issue bonds Principle is what you pay to get the bond; the co...

ECN 211 EXAM 3 - 2024...

ECN 211 - Macroeconomics - ASU - Pereira - Exam #3 Questions and Answers 100% Correct |

ECN 211 Exam 3 ASU Hill | Questions and Correct Answers | Latest Update 2024/2025 What is a recession? - Answer -economic contraction; two straight quarters of negative GDP growth What is a boom? - Answer -economic expansion; boom length does not predict a recession What are the characteristics of a good economy? - Answer -lots of job openings, firms are raising wages to attract workers, asset values are rising, consumers borrow and spend money freely What are the characteristics of a...

ECN 211 ASU Exam 3 | 93 Questions and Answers 100% Correct |

ECN 211 ASU EXAM 3 STUDY MATERIALS QUESTION AND ANSWERS (VERIFIED ANSWERS)

ECN 211 FINAL (EXAMS 1, 2, 3) ASU DOUGLAS EXAM STUDY MATERIALS QUESTION AND ANSWERS (VERIFIED ANSWERS)