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Macroeconomics
Explore questions in the Macroeconomics category that you can ask Spark.E!
- The Consumer Price Index (CPI) measures inflation by looking at a selection of common goods. The three main categories of goods covered by the CPI are food and beverages, clothing, and ________.
- Concerning full employment, Hazlitt writes that "the real question" isn't how many jobs there will be in the United States at a particular point in time. Instead, "the real question" is what?
- Which of the following scenarios would likely result in demand-pull inflation?
- When the money supply increases more than the output of goods and services increases, it results in ________.
- In the United States, the federal government seeks to achieve three economic goals:
- An extremely long and severe economic contraction is called a(n) ________.
- In the discussion of maximizing employment versus maximizing production, Hazlitt writes that "production is the end, employment merely the ________."
- According to the video, one factor that affects the different phases of the business cycle is consumer-producer ________.
- In the story about Milton Friedman visiting an overseas construction site, Friedman suggests that more jobs could be created by taking away the workers' shovels and giving them ________.
- When Martin goes on vacation to France, he exchanges his dollars for euros. In this scenario, what market is Martin participating in?
- A tradable financial asset, such as a stock or bond, is called a ________.
- Which of the following Congressional acts together established the Securities and Exchange Commission? (Choose all that apply.)
- One potential cause of unemployment is seasonal fluctuations in ________.
- The official unemployment rate in the United States includes any individuals over the age of ________ who are working for pay or seeking paid work.
- An example of international economic institution is the IMF, or International __________ Fund.
- Let's say that at the beginning of the year, $100 could buy 100 loaves of bread. By the end of the year, that $100 could only buy 95 loaves of bread. What was the rate of inflation for that year?
- In the United States, the highest level of inflation since the Great Depression occurred in 1979. What was the percentage of inflation in 1979?
- According to Okun's law, when cyclical unemployment is negative, the output gap
- When your grandfather keeps a bundle of $100 dollar bills behind a brick in the basement, this is an example of dollars serving as:
- Savings deposits are ________ the M1 measure of money and ________ the M2 measure of money.