Fiscal Policy
Full employment
What is majority of all capeable working people are all employed and economy is growing or stable.
Loans to banks are called
Aggregate supply
Total supply of goods and services
Season unemployment
What is when you are unemployed during season changes. Farmers, holiday specific business or jobs.
Which bank is the Federal Reserve
What is the central bank.
Who signs the proposals into law
What is the President
Controls what
Controls inflation rates, prices, tax, etc
National Debt
Money owed by the federal government
Structural unemployment
What is when your skills do not match the the requirements needed. Can be caused by technology advancements like news paper companies.
Policy of what it runs with
What is monetary policy
Who proposes the taxing and spending
What is congress
How does it work
By putting money in the economy and taking out with loans to banks.
Inflation
What is the change in prices and money flow. Business benefit and consumers are hurt.
Frictional unemployment
What is the moving around from job to job. The time between each job.
Controls what
Changes in Fiscal Policy to promote what
What is price stability, full employment, and economic growth.
Who is lead of the monetary policy
What is the Federal Reserve
GDP
Gross domestic product- calculated market value
Unemployment
What is the amount of people, capeable, that are not employed with the government or business. Lowers economy worth.
How many district banks are there
What is 12
Fiscal Policy
What is taxing and spending decisions made by the Federal Government.
Monetary Policy is
What is the process of controlling the money supply and flow of the cycle of money.
Consumer Price Index
What is the Change in prices from urban consumers
Cyclical Unemployment
What is being fired, payed off, or occurred by changes in government / financial problems.
Federal Reserve
Central bank of the United States . Holds all the value from the economy and controls the money flow