on increasing inflation economy growth decreases
a goodyear vulcanized tire is a good example of a durable rubber
quantity theory: Theory that too much money in the economy causes inflation.
Inflation was a big problem for Americans during the Revolution
States pay different unemployment rates because each state has a different standard of living. More expensive states (i.e. California) typically pay higher unemployment because the minimum wage is higher and there is a higher cost of living.
Technological advancement can be seen as progress within society. For example, people living better is progress. Another way you can see technological advancement is through the use of advanced devices.
It processes payments, such as Social Security checks.
to make sure the banks are obeying laws and regulations
by comparing real GDP per capita
The components of the business cycle is Prosperity, Recession, and depression.
monetary policy
monetary policy
A+
a decrease in the money supply
by conducting a Consumer Expenditure survey
Savings rate (novanet)
Check Clearing
A recession
Excluded.
The federal funds rate is the interest rate banks charge on loans in the federal funds market. The federal funds rate is not set administratively by the Fed. Instead, the rate is determined by the supply of reserves relative to the demand for them.
ensures growth in the economy
structural unemployment
A Price indexes assist the government in making policy decisions
B Price indexes produce an average of prices that economists can compare to earlier averages
C Price indexes assist consumers and businesses in making economic decisions
D price indexes define the cost of goods in the entire economy at a given point in time
fair and safe
stop firms from selling new products
cars manufactured in Tennessee at a factory owned by a Japanese automobile company