Define the field of economics known as macroeconomics.
What will be an ideal response?
Macroeconomics is the study of the nation's economy as a whole. Macroeconomics focuses on the issues of inflation, unemployment and economic growth.
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The acronym NASDAQ (one of the stock exchanges) stands for
A. National Academy of Stock Dealers Automated Quotations B. New American Securities Dealers Automated Quotations C. National Association of Securities Dealers Automated Quotations D. North American Stock Dealers Automated Quotations
The index of leading economic indicators: a. provide accurate information on the duration of downturns in the economy
b. virtually always predicts downturns in the economy with a lead time of six months. c. can result in a self-fulfilling prophecy if business firms respond to leading economic indicator predictions. d. provide accurate information on the depth of downturns in the economy.
When the Fed decreases the legal reserve requirement, then the
a. banks must reduce the amount of loans they make b. banks can increase the amount of loans they make c. banks must reduce the interest rate they charge on loans they make d. banks can increase the interest rate they charge on loans they make e. banks must reduce the federal funds rate they charge to other banks
Which of the following will discourage investment?
What will be an ideal response?