This class was created by Brainscape user John-Lucas Collins-Fay.
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John-Lucas Collins-Fay
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Decks in this class (13)
Theme 2 Circular Flow Of Income MTrials
What do households receive throug...,
What do businesses hire when maki...,
What is the payment received by f...
71
cards
Theme 2 Multiplier and Economic Growth MTrials
What is the multiplier effect 1,
How does the multiplier effect im...,
What is the formula for the multi...
51
cards
Theme 2 Output Gaps and The Business Cycle MTrials
What is the output gap 1,
In an ad as diagram what does a n...,
What does a positive output gap s...
81
cards
Theme 2 Macroeconomic Objectives
What are the key macroeconomic ob...,
What is the goal regarding real g...,
What does a balanced trade on the...
10
cards
Theme 2 Demand Side Policies
What are the three broad categori...,
Define fiscal policy 2,
Define monetary policy 3
165
cards
Theme 2 Supply Side Policies
What are supply side policies 1,
What are the two main approaches ...,
Supply side reforms affect both s...
47
cards
Theme 2 Conflicts and Trade-offs between Objectives and Policies
What are some potential conflicts...,
The phillips curve analysis is us...,
What can cause demand pull inflat...
27
cards
Theme 2 Economic Growth MTrials
What does gdp measure 1,
List the three ways of calculatin...,
What does gdp expenditure include 3
61
cards
Theme 2 Inflation MTrials
Define inflation 1,
What is the role of the bank of e...,
True or false a fall in inflation...
67
cards
Theme 2 Employment MTrials
What is the official measure of u...,
To be classed as unemployed a per...,
What does the claimant count meas...
61
cards
Theme 2 BOP MTrials
What does the balance of payments...,
What is counted as a positive ent...,
What is counted as a negative ent...
22
cards
Theme 2 AD MTrials
What does aggregate demand ad rep...,
List the components of aggregate ...,
What is the formula for aggregate...
90
cards
Theme 2 AS MTrials
What is aggregate supply as 1,
What does short run aggregate sup...,
What happens to supply when there...
79
cards
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Economics Theme 2:
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