Econ

An economic recovery that produces too few jobs to significantly reduce the unemployment rate i known as a(n) A)unemployment trap B)Recession C)Jobless Recovery D)Microeconomic problem

C

Using demand-side fiscal policy to stimulate aggregate demand when the economy is at full employment will primarily result in A)underemployment B)a large economic expansion C)Inflation D)Unemployment

C

When is the Fed Most likely to take to curb inflation

Raise taxes

M1 includes

Savings accounts

which of the following does not increase productivity A. an increased money supply b. improvements in labor quality c. research and development d. capital investment

a

price of bond=

interest payment/yield

An economist notice that M1 is rapidly rising, one conclusion is that

interest rates on savings accounts are rising

focus of supply side fiscal policies is on

long run economic growth

money leakages tend to ____ during recessions, causing the actually money multiplier to ______

rise, fall

When the fed wants to decrease money supply it will

sell bonds

solutions to simultaneous inflation and unemployment

shift aggregate demand to the right

Business cycles

vary in duration and magnitude