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Economics

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Paxton Brown

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Cards in this guide (16)
What is collective bargaining

a process in which union and company representatives meet to negotiate a new labor contract

What happens in collective bargaining?

representatives of unions and companies negotiate new labor contracts

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 type of primary election is also known as a semi-closed or semi-open primary

modified primary

Which of these is also called deficit spending

expansionary fiscal policy position

What were members of the Democratic-Republican Party also known as

Jefferson Republicans

Which of these government securities can be sold back to the Treasury Department early for a penalty

u.s savings bond

Which of these is not a shared goal of both fiscal and monetary policy

lowering intrest rates (A+(

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

inflation

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

a campaign

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

Which amendment to the U.S constitution contains the due process and equal protection clauses

14th

What term best describes any interactions within a single state

intrastate

What is the rate called where The Federal Reserve can control the supply of money by adjusting the interest rate it charges the borrowers.

discount rate

If military servicemen are out of the country during an election how can they participate in the voting process

A+ = They can fill in and return an absentee ballot.

Which one of these does not describe a strong economy

The government will assume an expansionary fiscal policy position.

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