0
Which term refers to an economic situation where the small amount of money in circulation lowers prices and lessens demand for goods?
Ah, that's a happy little term called deflation, where prices go down because there's not a lot of money floating around. It's like a gentle breeze that cools down the economy, making things a bit cheaper for everyone. Remember, every economic situation is just another color on the palette of life, ready to be painted with patience and understanding.
What else can I help you with?
Would the free coinage of silver increase or decrease the amount of money in circulation?
The free coinage of silver would have to increase the amount of money in circulation.
The free coinage of silver would increase the amount of money in circulation?
increase
Goods are scarce because people desire much more than the economy can produce.How can this scenario worsen the economic situation of the nation?
Goods are scarce if they are limited in number and have alternative uses. The economic term "scarce" doesn't mean few. It means that there isn't an infinite amount of the resource.
What is the economic situation where the flow of money slows down because of the limited amount of goods and services?
I'm assuming that you mean supply does not meet demand, and that is called a shortage. Such a state will inherently slow the velocity of money
How is the supply of money measured and what factors are taken into account in determining its quantity?
The supply of money is measured by the total amount of currency in circulation, plus deposits in banks. Factors taken into account in determining its quantity include the amount of currency printed by the government, the reserves held by banks, and the level of economic activity affecting the demand for money.
Which term refers to an economic situation where the large amount of money in circulation creates continuous pressure to raise prices?
Inflation is when there is a large amount of money in circulation, thereby causing continuous pressure to raise prices.
Public economic policy is most concerned with?
Controlling the amount of money in circulation
In the U.S. economic system, the amount of money in circulation outside in the U.S. Treasury and Federal Reserve plus the amount held in saving accounts and easily accessible investments is known as?
M2 (apex)
What is credit creation?
Credit creation, in economics, is the situation wherein banks make more loans to consumers and businesses. It results to an increase in the amount of money in circulation.
Would the free coinage of silver increase or decrease the amount of money in circulation?
The free coinage of silver would have to increase the amount of money in circulation.
Why does reducing heat loss help?
It lessens the amount of heat your heating system has to replace saving you fuel and by saving fuel you save $.
Is deflation of the money supply a good thing?
Deflation is a situation where the amount of the money supply is in a state of shrinking. It's a good thing if inflation is running high and out of control. In a normal economy, deflation means less money in circulation which causes the economy to suffer. Money is scarce and prices may be too high in relation to the money supply. This causes economic problems.
What is a steering damper?
A steering damper is a shock absorber mounted between the axle and steering linkage. It lessens the amount of vibrations felt in the steering wheel.
How did Aztec gold destory Spain?
Although it is not generally agreed that the influx of gold into Spain destroyed it, some have theorized that the sudden increase in the amount of gold in circulation caused inflation resulting in an economic crisis in Spain.
What is the verb of less?
The verb of less is lessen. Other verbs are lessens, lessening and lessened, depending on the tense.For example:"I will lessen the amount"."He lessens the water"."We are lessening the weight"."Everything was lessened".Or instead of lessen, you could use loosen. For example "I loosen the belt".
Is tamiflu a vaccine?
NO. Tamiflu is an anti-viral medication which, as opposed to curing influenza, lessens the symptoms and is said to cut short the amount of time you're sick.
What are the uses of Prisolec?
Prisolec, once ingested, treats problems in the stomach and esophagus. It lessens the amount of acid the stomach creates, and helps heartburn and pain when swallowing.
