Show:
Unit 2
Unit 1
Unit 3
Unit 4
Unit 5
100
The consumer wanting the newest product over the old one.
What is supply and demand
100
To make a product you have to decrease the productivity of product A to make Product B.
What is opportunity cost?
100
The government cuts business and personal income taxes and increases its own spending.
What is expansionary?
100
So that if people pull all of their money out it wont cause another great depression.
What is banks holding on to excess reserve?
100
The interest rates in USA rises faster that the ones in Canada.
What is Demand shifts out and supply shifts out.
200
The consumer and producer reach a point where they are both happy with the price.
What is equilibrium
200
To measure opportunity cost, you can use this.
What is production possibility graph?
200
The gov't increases the personal income tax and social security tax but gov't spending stays the same.
What is contractionary?
200
checkable deposit made to a bank. bank one kept 100 bucks as a required fee of the 10 percent required.
What is 1,000 dollhairs
200
The value of the dollar goes down drastically.
What is deprecation?
300
This causes supply to go up when demand goes down.
What is prices of goods rising
300
The goods that the country has an advantage in.
What is exports?
300
You consume more than 100 percent of your income.
What is savings being negative.
300
If receiving a checking deposit of 300 a banks excess reserves increases by 225 the required reserve ratio is...
What is 15 percent?
300
The value of the dollar rises drastically.
What is Aprtiation?
400
Supply goes up when demand goes up
What is the law of supply
400
Countries specialize in their own goods. This causes countries to engage in this activity.
What is specialization and trade?
400
Fiscal policy is enacted through changes in...
What is Taxation and gov't spending
400
A 500 deposit in a bank leads to 2000 increase in the money supply then the reserve requirement is...
What is 25 percent?
400
French tourists flock to Mexican beaches.
What is pesos are demanded by French.
500
Increase in the general level of prices on goods all over.
What is inflation
500
A country that can make a product for cheaper and for better quality has this.
What is absolute advantage in a product?
500
Gov't spending goes up the amount of the increase in aggregate demand primarily depends on...
What is the size of the multiplier
500
reserve requirement is 20 percent, bank has no excess reserves but 10000 in cash the max amount they can increase their loans is...
What is 8,000 bucks?
500
Japanes video games popular in america
What is Japanese curancy demanded by Americans?