Macroeconomics
Explore questions in the Macroeconomics category that you can ask Spark.E!
- If your annual money income rises by 50% while the prices of things you buy rise by 100% then your...- Real income has fallen- Real income has risen- Money income has fallen- Real income is not affected
- A shortage will develop when- The quantity supplied of a good is greater than the quantity demanded- The equilibrium quantity supplied is lower than the actual quantity supplied- The government provides subsidies to producers- The market price is below the equilibrium price
- One reason the federal government might reduce taxes is to... - Increase consumer spending and stimulate the economy- Decrease business spending on plant and equipment- Slow down a rapid rise in interest rates- Slow down the rate of inflation
- When commercial banks increase their loans to businesses and consumers, this usually results in- An increase in the nation's money supplies- An increase in the government control over the economy- A decrease in the spending power of consumers and businesses- An increase in the bank excess reserves
- Those who believe people should be taxed according to their ability to pay would most likely favor...- A progressive income tax- A general sales tax- A residential property tax- A excise tax
- A nation has a deficit in its international balance of trade when...- It invests more in other countries than it receives from them- It buys goods or greater value from other countries than it sells to them- It sells goods of greater value to other countries than it buys from them- Government expenditures exceed tax revenue
- The variable most commonly used to monitor short-run changes in the economy because it is the most comprehensive measure of economic activity.
- According to classical macroeconomic theory and monetary neutrality, changes in the money supply affect
- When the recession ends and real GDP starts to expand, the unemployment rate
- when real GDP declines, the rate of unemployment
- What is the factor by which initial change is magnified (multiplier = change in real GDP/initial change in spending)?
- What is the natural rate of unemployment presently (2018) (frictional plus structural)
- who does unanticipated inflation benefit?
- Xn if you do imports do u want a weak or a strong dollar
- Product Market -> Firms or Businesses
- during a recession, who suffers greater output and employment declines than industries that produce services or non-durable consumer goods?
- Xn if you do exports do u want a weak or a strong dollar
- Resource Market -> Households or Individuals
- Firms or Businesses -> Resource Market
- The nominal interest rate equals the real interest rate ________ the inflation rate.