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Economics
Microeconomics or Macroeconomics ? ,[object Object]
Ans.-1 ,[object Object],[object Object],[object Object],[object Object],[object Object]
Ans.-2 ,[object Object],[object Object],[object Object],[object Object]
Ans.-3 ,[object Object],[object Object],[object Object],[object Object],[object Object]
Ans.- ,[object Object]
I was appointed by the president ,[object Object],[object Object]
Ans.-5
The Fed wants to try and keep the economy on an even keel. ,[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object]
Ans.-6 ,[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object]
Ans.-7
In effect the Fed tries to keep a balance in the economy: ,[object Object],[object Object],[object Object]
Ans- 8
9.How do you make money more expensive ? A. You charge more to borrow it B. You change the interest rate C. Tighten the money supply D. All of the above
Ans-9 You charge more to borrow it   You change the interest rate   You make money more expensive
[object Object]
10.Dude you so ______ it. The Fed makes money harder to borrow by raising the interest rate.
Suppose there was a recession: ,[object Object],[object Object]
Ans.-11 ,[object Object]
Economic Indicators ,[object Object]
12. Can you name an indicator when the economy is getting too cold? ,[object Object],[object Object],[object Object],[object Object]
12.Ans. 13. Once you get above a 6% unemployment rate,then The Fed would have to be concerned about a possible__________.
Answer-13
14. Another indicator
Answer14. (hint:picture)
15. Another ?
15.____or the sale of durable goods like refrigerators  or Washers and dryers or ranges
[object Object]
16. Another indicator is the growth of all the below except: ,[object Object],[object Object],[object Object],[object Object],[object Object]
Ans.16
The Fed cannot outlaw the  ,[object Object],[object Object],[object Object],[object Object],[object Object]
Answer 17
As the nation’s chief economist Ben Bernanke is very concerned about a lot of issues.
18. For instance, he is worried about the fact that every year the US federal government is spending more than it has. This is called the _____________ ,[object Object],[object Object],[object Object]
Ans.-18. ,[object Object],[object Object],[object Object],[object Object],[object Object]
19. answer
And the  trade deficit is also a concern.
20. Particularly our dependence on foreign________?
20. Picture?

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