This class was created by Brainscape user Parker Smith. Visit their profile to learn more about the creator.

Decks in this class (11)

Chapter 6 Vocabulary
A short run fluctuation in econom...,
The purchase of final good and se...,
The period extending from the pea...
26  cards
Chapter 7 Vocabulary
Occurs when the introduction of n...,
Caused by recessions or economic ...,
Caused by delays in matching avai...
16  cards
Chapter 8 Vocabulary
The measure of the price level ba...,
A measure of the cpi in which the...,
The growth in overall price in th...
16  cards
Chapters 9 and 10 Vocabulary
The market where savers supply lo...,
Creating a balance between spendi...,
When people withdraw funds from t...
25  cards
Chapter 15 Vocabulary
This occurs when government outla...,
This occurs when revenue exceeds ...,
Knowing how to spend money in the...
11  cards
Chapter 14 Vocabulary
Emphasize that all prices eventua...,
See the return to the lung run as...,
Compromises the use go government...
7  cards
Chapter 13 Vocabulary
Total demand of goods and service...,
Total supply of goods and service...,
Some prices change but others tak...
11  cards
Chapter 11 & 12 Vocabulary
Percentage change in real gdp per...,
The inputs used to produce goods ...,
The resource represented by the q...
18  cards
Chapter 16 Vocabulary
Involves the use of government bu...,
Government programs that automati...,
Occurs when the government decrea...
11  cards
Chapter 17 Vocabulary
Any genarally accepted means of p...,
Checkable deposits currency,
M1 savings deposits small time de...
25  cards
Chapter 18 Vocabulary
A set of actions to control a nat...,
When a central bank takes action ...,
When a central bank acts to incre...
12  cards

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Macro

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