Show:
Random
Business Cycle
Unemployment
Federal Reserve
Fiscal Policy
100
Each year the government writes a budget outlining their taxing and spending decisions.
What is Government Deficit
100
What is the top of the business cycle.
What is Peak?
100
Unemployment directly related to sewing in the business cycle.
What is Cyclical unemployment
100
Allows for easy transaction between household and business
What is medium of exchange.
100
What is the taxing and spending decisions set by the federal government.
What is fiscal policy?
200
This is the total amount money owed by the federal government.
What is National Debt
200
Contraction
What is when are economy starts going down?
200
workers who are in between jobs
What is frictional unemployment
200
Belief that saving money will allow to buy goods and services later on.
What is store of value
200
What is implies avoiding both prolonged inflation and the deflation
What is price stability?
300
What is the time when the economy is in contraction for two consecutive quarters.
What is Recession?
300
What is the time when the economy is in contraction for two consecutive quarters.
What is Recession?
300
unemployment caused by a change in the season
What is seasonal unemployment
300
Allow people to compare goods and services by using standard measure
What is Unit of account?
300
What is the condition in which virtually all who are able and willing to work are employed
What is full employment?
400
A long term recession.
What is Depression?
400
What is growth after a less prosperous period.
What is Recovery?
400
What is the percentage of people who do not have jobs but are actively looking for work
What is Unemployment
400
What is the central bank of the United States.
What is federal reserve.
400
What is an increase in the amount of the goods and services produced per head of the population over a period of time.
What is economic growth?
500
The federal reserve actions as the central bank to achieve three goals.
What is Max. Employment, stable prices and moderate?
500
What is the economy is growing
What is expansion?
500
What is the change in the structure of the workplace change the need for worker.
What is Structural unemployment
500
What is the 12 federal banks located across the United States
What is federal reserve organization?
500
Increase of taxes
What is raise unemployment?