Deficit spending
What will be an ideal response?
government spending
in excess of tax revenues collected
Economics
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Which of the following signals the start of a new expansion?
a. A boom period b. A peak c. An inflation d. A contraction e. A trough
Economics
Define the concept of demand and explain, on an intuitive level, why the demand curve for a good is downward sloping
What will be an ideal response?
Economics
Bank reserves are increased by
A) Treasury currency outstanding. B) Treasury cash holdings. C) Federal Reserve capital. D) currency in circulation.
Economics
A decrease in the price of a currency in terms of another under a flexible exchange rate regime is called:
a. capital flight. b. depreciation. c. revaluation. d. devaluation. e. currency adjustment.
Economics