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Economics

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Kianna Gislason

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Cards in this guide (21)
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 of these describes what maturity means with regard to securities

the set date upon which the treasury agrees it will pay back the loan plus the interest amount A+

Which of these government securities cannot be publicly traded

U.S. savings bonds

Which of these does not describe the Labor Management Reporting and Disclosure Act

It clearly defines the democratic procedures unions must adopt.

When do Treasury bills mature

in one year or less

Which of these federal institutions carries the responsibility of managing the process of borrowing money by issuing bonds and notes

Department of the Treasury

Which of these government securities pay a fixed rate of interest every six months until they mature at thirty years

treasury bonds

Which of these would not be a possible result of low interest rates

people may be reluctant to borrow

When firms begin to pay higher wages to keep their current employees and attract new employees what happens as a result of the increased wages

Prices of goods and services increase, leading to an economic slowdown.

Which economic trend might happen as a result of abnormal weather such as drought or flooding

It can lead to negative effects on the economic activity and can even cause a recession.

If money supply growth exceeds the growth of the overall economy what will be the result

inflation

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 defines aggregate demand

the total demand for final goods and services in the economy

What terms best describes an individual who owns a business

sole proprietor

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 point in the business cycle has the greatest economic activity

Peak a+

Which economists published the Tableau économique

François Quesnay

Which of these was the first union with characteristics as we know them today

American Federation of Labor A+

Which of these does not describe a weak economy

The government will assume a contractionary fiscal policy position.

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