Business Cycle
GDP/Inflation
Federal Reserve/ Banks
Monetary Policy
Fiscal Policy
____ OR ____
JEOPARDY! & THE 10 RINGS
"ALL" THINGS ASIDE
100

High Point of business cycle (GDP stops growing)

What is Peak?

100

The sum total of the value of all the goods and services produced in a nation in a year.

What is GDP?

100

Main role of the Federal Reserve

What is to implement Monetary Policy/Control Money Supply for the US.

100

This entity controls monetary policies

What is the Federal Reserve

100

The entities that control fiscal policies

What is the President and Congress

100

The Scottish & Irish custom of guising, dressing in costume & getting rewards, was a predecessor of this activity

trick or treat
100

In a book by this man, the hobbit Frodo gets a ring granting invisibility from his cousin Bilbo

What is Tolkien?

100

To purposefully delay, or, a place where a horse is purposefully delayed

What is a stall?

200

Recovery after recession. Increased GDP & demand pull inflation

What is Expansion?

200

GDP divided by the population

What is GDP Per Capita

200

Give the two components of the dual mandate

What is price stability and maximum employment

200

This policy reduces the money supply (used to fight inflation)

What is Tight/Contractionary Policy

200
A negative effect to expansionary policies

What is inflation

200

This expression meaning "do as I say" ends with a multi-lane road

my way or the highway

200

"Five golden rings" is a line from this holiday song

What is the twelve days of christmas

200

Some say you can't fight this, a municipal government building

What is city hall

300

Lowest point of the business cycle (GDP stops falling)

What is Trough?

300

GDP given in current prices, without adjustment for inflation.

What is nominal gdp?

300

It is a payment to the lender for using their money

Interest

300

This policy increases the money supply

What is Expansionary Policy?

300

Provide an example of expansionary fiscal policy

what are Tax cuts and increased government spending?

300

If you don't want to reveal your secrets in this party game, you may have to do something risky

truth or dare

300

In the late 1990s Galileo images revealed that this largest planet has a ring made of dust particles

What is Jupiter

300

Shady Albuquerque, New Mexico criminal lawyer Saul Goodman had his law office in this type of shopping center

What is a mini-mall (or strip mall)

400

GDP declining for over 6 months. (High unemployment, deflation of prices

What is Recession?

400

Inflation adjusted measure that reflects all goods and services produced by a country's economy in a given year.

What is real gdp?

400

When banks keep only a portion of your deposit at the bank, and loan out the rest

Fractional Reserve Banking

400

Provide 2 tools the federal reserve uses to implement monetary policy

What are Buying securities, lending money to banks, and paying interest on bank reserves.

400

Provide examples of how government would implement a contractionary policy

Increase taxes, cut down on government spending, reduce deficit

400

Succeed or fail is at the heart of this "watery" alliterative idiom

sink or swim

400

When it was first published in 1922, The Ring called itself "The world's foremost" magazine about this sport

What is boxing

400

This 2-word phrase means it's almost closing time at the bar & you'd better order your final round now

What is last call

500

Name all parts of the business cycle

What is Expansion, Contraction/Recession, Peak, and Trough.

500

This measures the prices of a market basket of goods that typical consumers purchase.

What is Consumer Price Index?

500

Government program that guarantees
up to $250,000 or deposits

FDIC

500

Fed’s primary tool for adjusting the federal funds rate is IORB. What is IORB

What is interest on reserve balances?

500

Standing policies that activate automatically without government intervention, usually during a recession

What are automatic stabilizers?

500

Robert Burns wrote, "Liberty's in every blow, let us" this, meaning succeed at all costs

do or die

500

In the movie the ring, Teenage girls Katie and Becca discuss an urban legend about a cursed videotape that causes whoever watches it to die in _____

What is 7 days

500

Proverbial sphere used to bar someone from membership in a group

What is black ball?