Economic Growth
Fiscal Policy
Monetary Systems/Policy
International Trade
Graphs
100
Three Economic Growth Theories.
What is Classical Growth, Neoclassical Growth, New Growth Theory?
100
The use of the Federal Budget to encourage sustained Economic Growth.
What is Fiscal Policy?
100
Adjusting the quantity of money in the Economy.
What is the Monetary Policy?
100
Agreement between U.S., Mexico, and Canada to make trade freer and easier.
What is NAFTA (North American Free Trade Agreement)?
100
Increasing the Production Possibility Frontier (PPF).
What is increasing Factors of Production (FofP)?
200
Real GDP per capita can give someone an idea of.......
What is Standard of Living?
200
Designed to increase Aggregate Demand.
What is Expansionary Fiscal Policy?
200
The Central Bank of the U.S. and.... The Chairman of the Central Bank of the U.S.
What is The Federal Reserve? Who is Ben Bernanke?
200
An out-dated method of keeping business within a country.
What is a Tariff?
200
It takes time to realize changes in the Economy.
What is Sticky Wages/Prices?
300
Real GDP ÷ Aggregate Hours
What is The Labor Productivity Formula?
300
BudgetSurplus/BudgetDeficit = Tax Receipts - Expenditures
What is The Federal Budget?
300
Required Reserve Ratio, Discount Rate, and Open Market Operations,
What are the Federal Reserve's Policy Tools?
300
Value of Exports - Value of Imports.
What is a Balance of Trade?
300
AS-AD Model Long Run Equilibrium.
Consult Answer Key...........Sorry was not able to be put into Jeopardy Format...............
400
((Real GDP in current year - Real GDP in previous year)÷(Real GDP in previous year)) x100
What is The Growth Rate of Real GDP Formula?
400
Increasing or Decreasing the amount of Government Spending.
What is the Government Expenditure Multiplier?
400
When the Fed sells securities in an open market operation.
What is the monetary base increases and the money supply increases?
400
China can produce T-shirts more effectively than the U.S., but the U.S. can produce airplanes more effectively then China.
What are Comparative Advantages?
400
Financial Market.
Consult Answer Key...........Sorry was not able to be put into Jeopardy Format...............
500
3 out of 5 Policies to Achieve Faster Economic Growth.
What is Encouraging Savings, Create Incentive Mechanisms, Encourage Research and Development, Encourage International Trade, Improve the Quality of Education?
500
Limitations of the Discretionary Fiscal Policy.
What is Law-Making Time Lag, Estimating Potential GDP, Economic Forecasting?
500
Regulates financial institutions and markets, and provides banking services to other banks.
What is a Central Bank?
500
Tariff Revenues and Rent Seeking.
Why is International Trade Restricted?
500
Money Market.
Consult Answer Key...........Sorry was not able to be put into Jeopardy Format...............
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