Monetarism - Study guides, Class notes & Summaries

M A C R O FINAL Exam Practice Questions with 100% Correct Answers | Verified | Latest Update keynesian economics - CORRECT ANSWER a school of thought emerging out of the works of John Maynard Keynes; according to Keynesian economics, a depressed economy is the result of inadequate spending and government intervention can help a depressed economy through monetary policy and fiscal policy macroeconomic policy activism - CORRECT ANSWER the use of monetary policy and fiscal policy to s...

Conviction politics The belief that politics should be down to the individual ideas of each politician, not compromise/consensus Thought private companies were more efficient than government agencies as they had to make a profit whereas the government could afford to be wasteful What did Thatcher think of private vs government agencies? Welfare, unions, state intervention 3 things that Thatcher opposed Rule of Law Believing in the utmost importance of British law in politics to defend ...

Gulf of Tonkin - The Gulf of Tonkin resolution recieved congressional approval, authorizing President Johnson to use military force in Southeast Asia for defensive purpose. Vietnam - Vietnam was effectively partitioned in 1954 as a part of the Geneva Convention ending the First Indochina War. The battle most often credited with turning the tide in the Pacific Theater during World War II was the Battle of: - The Battle of Midway, fought in 1942 Six months after Pearl Harbor. Battle of Leyte...

ECON 302 Intermediate Macroeconomics Latest Verified Review 2023 Practice Questions and Answers for Exam Preparation, 100% Correct with Explanations, Highly Recommended, Download to Score A+ Lecture 6: • Eff f ects of Policy Actions in IS-LM framework • Fiscalism vs. Monetarism • Short run to Long Run • Great Depression • 2007-09 R i ecess on

2023 AQA A-LEVEL HISTORY 7042/2S COMPONENT 2S THE MAKING OF MODERN BRITAIN, 1951– 2007 VERSION: 1.0 FINAL IB/M/JUN23/E5 7042/2S A-LEVEL HISTORYQUESTION PAPER & MARKING SCHEME FINAL 2024 UPDATE Robbins Report - ANSWER-The report that developed higher education in particular universities in 1963 Winston Churchill - ANSWER-Prime Minister from Anthony Eden - ANSWER-Prime Minister from Harold Macmillan - ANSWER-Prime Minister from Alec Douglas-Home - ANSWER-Prime Minister from Harold Wils...

POSI 2320 Exam 1 Pure Capitalist Economy - ANSWER--private individuals and companies own the modes of producing goods/servies -government does NOT enact laws aimed at influencing the marketplace Regulated Capitalist Economy - ANSWER--government enacts policies to influence the health of economy -what the USA has Laissez Fare - ANSWER--hands-off stance of a government in regard to the marketplace -Adam Smith, "Wealth of Nations;" invisible hand George Washington; 1789 - ANSWER-Wh...

(Adam )Smith -Answer- () Scottish philosopher and economist. Though he wrote on nearly every subject of moral and social philosophy, he is remembered as the author of An Inquiry into the nature and causes of the Wealth of Nations (1776) and as the creator of the metaphor of the "invisible hand." This work more-or-less single-handedly founded the Classical school of economics. (David )Ricardo -Answer- () English economist. Ricardo is best known for Principles of Political Economy and Taxatio...

House of Representatives representatives elected by each state, # depends on population size; advantageous for larger states Senate 2 representatives from each state;advantageous for smaller states bicameral a legislature divided into 2 houses, US Congress and every US state legislature except Nebraska's are bicameral gerrymandering drawing of congressional districts to favor one political party or group over another census tool for understanding demographic cha...

Conviction politics The belief that politics should be down to the individual ideas of each politician, not compromise/consensus Thought private companies were more efficient than government agencies as they had to make a profit whereas the government could afford to be wasteful What did Thatcher think of private vs government agencies? Welfare, unions, state intervention 3 things that Thatcher opposed Rule of Law Believing in the utmost importance of British law in politics to defend individ...

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...