Macroeconomics 09

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]

I was appointed by the president ,[object Object],[object Object]

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]

In effect the Fed tries to keep a balance in the economy: ,[object Object],[object Object],[object Object]

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

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]

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__________.

15.____or the sale of durable goods like refrigerators or Washers and dryers or ranges

16. Another indicator is the growth of all the below except: ,[object Object],[object Object],[object Object],[object Object],[object Object]

The Fed cannot outlaw the ,[object Object],[object Object],[object Object],[object Object],[object Object]

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]

And the trade deficit is also a concern.

20. Particularly our dependence on foreign________?

Macroeconomics 09

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Macroeconomics 09