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Economics

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Susanna Doyle

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Cards in this guide (13)
How do banks earn a profit from lending money to their customers

by charging interest rate

When does the government assume an expansionary fiscal policy position

when it is weak

Which amendment would taxes on a church service violate

First Amendment.

Which of these government securities cannot be publicly traded

U.S. savings bonds

When do Treasury bills mature

in one year or less

How many winning campaigns must presidential candidates conduct

2

Which term describes the process of competing against other political candidates to secure the votes of people in a certain region

a campaign

In the United states which of these are elected indirectly through the electoral college

The President and vice president

In reference to federal reserve policy what are reserve requirements

the percentage of a bank's total deposits that must be kept in its possession

What terms refers to the adjustment of an economy's money supply by a central bank in order to maintain price stability lower unemployment and ensure economic growth

Monetary policy

What institution is responsible for conducting monetary policy

federal reserve system

The response of businesses and individuals to fiscal policy changes is related to which of these

the amount of funds government is spending

Which of these explains the way John Maynard Keynes viewed government's role in the economy

He advocated a strong role of government in managing the economy by adjusting spending levels and tax rates.

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