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Decks in this class (29)
Introduction/measuring GDP & Economic growth
Macroeconomics definition,
The major macroeconomic issues,
Government macroeconomic policy
19
cards
T2 monitoring jobs and inflation
Why is unemployment a problem,
The great depression,
The working age population is div...
27
cards
T3 economic growth
Fundamental equation,
Gdp definition,
Question
21
cards
T4
Quantity supplied and supply,
Aggregate supply,
Long run aggregate supply
12
cards
revision questions chapter 20 pt1
In the expenditure approach to gd...,
Investment refers to the purchase of,
Net exports of goods and services
13
cards
revision questions chapter 20 pt2
The term capital as used in macro...,
The difference between gross inve...,
If nominal gdp is 5 billion and t...
9
cards
revision questions chapter 20 pt3
The circular flow diagram shows,
In the income accounts government...,
Depreciation is subtracted from g...
18
cards
revision questions chapter 20 pt4
If a larger fraction of the adult...,
Economists distinguish real from ...,
If the gdp deflator is biased by ...
10
cards
revision questions chapter 21 pt1
What has happened during the past...,
The bottom or low point of a rece...,
Total population 80 mill current ...
15
cards
revision questions chapter 21 pt2
What can structural unemployment ...,
The working age population can be...,
If the economy enters a recession
10
cards
revision questions chapter 21 pt3
Under 16 50 mill working full tim...,
Total population 246 working age ...,
What happens to cyclical unemploy...
9
cards
revision questions chapter 21 pt4
When the automobile replaced hors...,
Which of the following most likel...,
Total population millions 80 curr...
13
cards
revision questions chapter 22 pt1
According to neoclassical growth ...,
If the quantity of capital per wo...,
Labour productivity is measured by
10
cards
revision questions chapter 22 pt2
According to the classical growth...,
The aggregate production function...,
If the saving rate increases the ...
10
cards
revision questions chapter 22 pt3
Since 1964 the country with the h...,
What has not been one of the prim...,
The purpose of growth accounting ...
10
cards
revision questions chapter 24 pt1
A banks asset category that carie...,
The most direct way in which mone...,
When you buy a hamburger for lunc...
9
cards
revision questions chapter 24 pt2
The practice of borrowing short a...,
Financial intermediaries create l...,
Cheques are not money because they
8
cards
revision questions chapter 24 pt3
Sight deposit at banks are,
A customer deposits 500 in the qu...,
The definition of m4 includes
8
cards
revision questions chapter 24 pt4
A desired reserve ratio of 5 per ...,
What is the required reserve ratio,
What is m4 a measure of
8
cards
revision questions chapter 26 pt1
In the macroeconomic short run,
A decrease in the money wage rate,
After 1992 the united kingdom has...
5
cards
revision questions chapter 26 pt2
The short run aggregate supply cu...,
The mid 1970s in the united kingd...,
The short run aggregate supply curve
7
cards
revision questions chapter 27 pt1
In the keynesian model of aggrega...,
The,
The consumption function relates ...
17
cards
revision questions chapter 28 pt1
If both lenders and borrowers exp...,
Inflation that is higher than exp...,
Movements downward along the shor...
11
cards
revision questions chapter 28 pt2
A demand pull inflation requires ...,
Moving along a short run philips ...,
Initially demand pull inflation w...
10
cards
revision questions chapter 28 pt3
Rational expectations,
People know that the inflation ra...,
Last year s price level was 120 a...
7
cards
revision questions chapter 29 pt1
The tax cuts passed to help move ...,
The actual budget deficit is equa...,
Because of automatic stabilizers ...
12
cards
revision questions chapter 29 pt2
Which of the following is not a s...,
An example of an automatic fiscal...,
The difference between the govern...
8
cards
other questions
John maynard keynes,
In 1931 during the great depressi...,
During the great depression
21
cards
revision questions chapter 30 pt1
Suppose the demand for money incr...,
If the bank of england lowers the...,
If the real interest rate is 3 pe...
10
cards
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MACROECONOMIC ENVIRONMENT OF UK MN10079
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