CAS EC 202 Lecture Notes - Lecture 6: Loanable Funds, Substitute Good, Foreign Exchange Market
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Macroeconomics
A | B | Answer | ||
Which one of the following will be an automatic stabilizer | A. Board of Governors and the 12 Federal Reserve Banks | |||
GDP is the market value of | B. Structural | |||
A decrease in government spending will cause | C. Real GDP is adjusted for changes in the price level. | |||
An increase in aggregate demand is most likely to be caused by a decrease in | D. Price of one nation's currency in terms of another nation's currency | |||
Which is one of the three types of unemployment | E. Two countries are comparatively able in producing what they need, however choices to engage in international trade | |||
The Federal Reserve System consist of how many members and how many locations | F. People receive loans from their banks. | |||
Foreign exchange rates refer to the | G. Real GDP. | |||
Money is "created" when | H. Discount Rate | |||
Fiscal policy is enacted through changes in | I. Private investment is crowded out by public spending | |||
The tools of monetary policy for altering the reserves of commercial banks are the | J. All final goods and services produced in an economy in a given year. | |||
The Federal funds rate is the rate that banks pay for loans from? |
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What is meant by the crowding out effect | L. Decrease in aggregate demand. | |||
The goal of expansionary fiscal policy is to increase | M. Unemployment insurance | |||
Nominal GDP differs from real GDP because | N. Discount rate, reserve ratio, open market operations, and term auction | |||
What is meant by comparative advantage | O. Taxation and government spending. |