Percentage of people who don't have a job, but want one.
What is the Unemployment Rate
100
Inflation & Recession
What is Stagflation
100
Controlling the expansion and/or contraction of the money supply to influence the cost and availability of credit, therefore, influencing economic activity.
What is Monetary Policy
100
Policy designed to flood banks with capital to increase stability and liquidity in the financial system.
What is Quantitative Easing
200
A period of economic recovery
What is expansion
200
A measure of the final value of all goods and services produced within a nations borders in one year.
What is GDP
200
Rise in the price level
What is Inflation
200
Changes in taxing or spending to influence the economy. Done by the Congress, President, and/or state governments.
What is Fiscal Policy
300
The point where the economy stops growing
What is the Peak
300
Reports on price changes on 364 commonly used goods. Measures inflation/deflation
Compiled monthly
What is Consumer Price Index, CPI
300
Decrease in consumer spending, decline in production, and rising unemployment
What is Recession
300
Economic incentives for growth, reduce overall taxes, reduce regulations.
What is Supply Side Policy
400
The point where the economy begins to turn around
What is the Trough
400
Measures how people feel about the economy.
What is Consumer Confidence
400
A decrease in the general price level
What is Deflation
400
Shift demand curve to where supply and demand meet to create full employment in the economy.
What is Keynesian Policies
500
Business Investment, Government Activity, External Factors, Psychological Factors
What are the causes for fluctuation in the business cyce.
500
Total unemployed and underemplpoyed in an economy.
What is U6 or Underutilization
500
Prices rise, so workers demand pay increases, which makes prices rise, so workers demand pay increases, and so on
What is the Wage-Price Spiral
500
Fed buys bonds, or sells bonds, to increase or decrease the money supply.