The recession occurs - Study guides, Class notes & Summaries

ECN 211 Exam 3 ASU Hill questions with correct answers 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?...

Which of the following is NOT a monetary policy goal of the Federal Reserve bank (the Fed)? - correct answer Low prices When the Federal Open Market Committee (FOMC) decides to increase the money supply, it ___ U.S. Treasury securities. If the FOMC wishes to decrease the money supply, it ___ U.S. Treasury securities. - correct answer buys; sells As the figure to the right indicates, the Fed can af...

Primary sector Sector of an economy which covers the extraction of raw materials, such as precious metals, wheat and coal. Benefits of FDI Capital inflows create higher output and jobs. Capital inflows can help finance a current account deficit. Long term capital inflows are more sustainable than short term portfolio inflows. e.g. in a credit crunch, banks can easily withdraw portfolio investment, but capital investment is less prone to sudden withdrawals. Recipient country can benef...

Introduction to Business Final Exam - Questions and Answers What are the 3 major indicators of economic conditions? 1) GDP 2) Unemployment Rate 3) Price Indexes The total value of final goods and services produced in a country in a given year. Gross Domestic Product (GDP) The number of civilians at least 16 years old who are unemployed and tried to find a job within the prior 4 weeks. Unemployment Rate A general rise in the prices of goods and services over time. Inflation A situation in which...

American Recovery and Reinvestment Act (ARRA) - ANSWER **Authorized INCENTIVE PAYMENTS to specific types of hospitals & healthcare professionals for adopting & using interoperable Health Information Technology and EHR's. The purposes of this act include the following: (1) To preserve/create jobs and promote economic recovery. (2) To assist those most impacted by the recession. (3) To provide investments needed to increase economic efficiency by spurring technological advances in science and he...

Saylor Academy BUS101 Questions and Answers Graded A Social Benefit The total benefit to society from producing or consuming a good or service. Social benefit includes all the private benefits plus any external benefits of production / consumption. If a good has significant external benefits, then the social benefit will be greater than the private benefit. Contract Theory The belief that business is a community of participants organized around a common purpose. These participants have...

3.2.3.1 Economic growth and the economic cycle - --Content The difference between short-run and long-run growth. The various demand-side and supply-side determinants of short-run growth of real national income and the long-run trend rate of economic growth. The concept of the economic cycle and the use of a range of economic indicators, such as real GDP, the rate of inflation, unemployment and investment, to identify the various phases of the economic cycle. The difference between positive...

Autocratic leaders management style that hoard decision making power for themselves and issue orders without consulting followers Democratic leaders leadership style that share power with followers, solicit and incorporate input from followers before making final decisions Laissez Faire leaders leadership style with "free-reign leaders", set objectives for followers but give them freedom to choose the way to accomplish these goals Gross Domestic Product (GDP) total value of all final goods ...

Periodontics is the dental specialty involved in the diagnosis and treatment of diseases of the supporting tissues. In a periodontal practice, the dental assistant assists with _______ _________ and __________ _________ and provides ______ _____ _______ to the patient. periodontal charting and periodontal surgeries and provides home care instructions to the patient. Depending on the particular state's dental practice act, the dental assistant also may place and remove periodontal dressings...

WGU D033 Health Information Systems Management Questions and Answers | Already Graded A+| Updated| 2023|2024 Acceptance testing A type of testing that occurs after the go-live date Access controls A computer software program designed to prevent unauthorized use of an information resource Addressable standards Must be evaluated by the entity to determine whether or not the standard is reasonable and appropriate Administrative information system A system that manages the business of healthc...