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