Computers, telephones, internet, and other office technology but
they probably also use cars, planes and household technologies
🔄 Click to see term
Term1/19
What is the crowding-out effect
🔄 Click to see definition
Definition1/19
A situation when increased interest rates lead to a reduction in
private investment spending such that it dampens the initial
increase of total investment spending is called crowding out
effect
🔄 Click to see term
Term1/19
What problem does tight money policy combat
🔄 Click to see definition
Definition1/19
tight money policy combats inflation (when to much money is out
in circulation the Fed limits the amount of money that is in
Circulation known as the tight money policy.)
🔄 Click to see term
Term1/19
What does lender of last resort mean with respect to the federal reserve
🔄 Click to see definition
Definition1/19
it lends money to banks or anyother 'institution' in financial
difficulty.
🔄 Click to see term
Term1/19
Which of the following is an argument in favor of lowering the levels of personal income tax
🔄 Click to see definition
Definition1/19
consumers will spend more money in the market.
🔄 Click to see term
Term1/19
What are the advantages and disadvantages of protecting an infant industry
🔄 Click to see definition
Definition1/19
A protected infant industry lacks the incentive to become more
effient and competitive,
and once it's protected it is difficult to take the protection
away.
It's only protected because the mature industry wouldn't take it
out, the infant industry needs time to grow up and learn.
🔄 Click to see term
Term1/19
Which of the following tools is an example of monetary policy
🔄 Click to see definition
Definition1/19
the government restricts the amount of money that banks can
lend.
🔄 Click to see term
Term1/19
In the United States what does the general level of a family's income have to do with the amount of cash the family is likely to hold
🔄 Click to see definition
Definition1/19
In America, it is accepted that the more money someone makes,
the more they should have in savings or invested. This may not
always be the case, but it is believed to be.
🔄 Click to see term
Term1/19
What were the benefits of investment in new technologies
🔄 Click to see definition
Definition1/19
These new technology investments resulted in a boost in
productivity and lower unit costs of production as the number of
employees in the industry declined from 9,759 in 1997 to 5,434 in
2000.
🔄 Click to see term
Term1/19
When the Fed buys government bonds and other securities on the open market
🔄 Click to see definition
Definition1/19
Open-market operations
🔄 Click to see term
Term1/19
What is the abbreviation for the research arm of the federal reserve
🔄 Click to see definition
Definition1/19
FAC (Federal Advisory Councel)
🔄 Click to see term
Term1/19
Why did Perestoika failed to improve the Soviet economy for all of the following reasons EXCEPT what
🔄 Click to see definition
Definition1/19
the interest
🔄 Click to see term
Term1/19
How do you change federal funds rate
🔄 Click to see definition
Definition1/19
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.
🔄 Click to see term
Term1/19
What does a fractional reserve banking system mean
🔄 Click to see definition
Definition1/19
ensures growth in the economy
🔄 Click to see term
Term1/19
What can be expected when members of the baby boom generation begin to retire in large numbers
🔄 Click to see definition
Definition1/19
increased deficits
🔄 Click to see term
Term1/19
What is the federal reserve best known for
🔄 Click to see definition
Definition1/19
For regulating the nations money supply
🔄 Click to see term
Term1/19
Who appoints the members of the Board of Governors of the Federal Reserve
🔄 Click to see definition
Definition1/19
the U.S. President
🔄 Click to see term
Term1/19
A depreciation in the external value of the currency is likely to...
🔄 Click to see definition
Definition1/19
increase inflation
🔄 Click to see term
Term1/19
If the Fed were to impose a slight increase in the required reserves ratio there would be .
🔄 Click to see definition
Definition1/19
If the Fed were to impose a slight increase in the required
reserves ratio, there would be _____.
🔄 Click to see term
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Cards in this guide (19)
What technology do lawyers use
Computers, telephones, internet, and other office technology but
they probably also use cars, planes and household technologies
What is the crowding-out effect
A situation when increased interest rates lead to a reduction in
private investment spending such that it dampens the initial
increase of total investment spending is called crowding out
effect
What problem does tight money policy combat
tight money policy combats inflation (when to much money is out
in circulation the Fed limits the amount of money that is in
Circulation known as the tight money policy.)
What does lender of last resort mean with respect to the federal reserve
it lends money to banks or anyother 'institution' in financial
difficulty.
Which of the following is an argument in favor of lowering the levels of personal income tax
consumers will spend more money in the market.
What are the advantages and disadvantages of protecting an infant industry
A protected infant industry lacks the incentive to become more
effient and competitive,
and once it's protected it is difficult to take the protection
away.
It's only protected because the mature industry wouldn't take it
out, the infant industry needs time to grow up and learn.
Which of the following tools is an example of monetary policy
the government restricts the amount of money that banks can
lend.
In the United States what does the general level of a family's income have to do with the amount of cash the family is likely to hold
In America, it is accepted that the more money someone makes,
the more they should have in savings or invested. This may not
always be the case, but it is believed to be.
What were the benefits of investment in new technologies
These new technology investments resulted in a boost in
productivity and lower unit costs of production as the number of
employees in the industry declined from 9,759 in 1997 to 5,434 in
2000.
When the Fed buys government bonds and other securities on the open market
Open-market operations
What is the abbreviation for the research arm of the federal reserve
FAC (Federal Advisory Councel)
Why did Perestoika failed to improve the Soviet economy for all of the following reasons EXCEPT what
the interest
How do you change federal funds rate
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.
What does a fractional reserve banking system mean
ensures growth in the economy
What can be expected when members of the baby boom generation begin to retire in large numbers
increased deficits
What is the federal reserve best known for
For regulating the nations money supply
Who appoints the members of the Board of Governors of the Federal Reserve
the U.S. President
A depreciation in the external value of the currency is likely to...
increase inflation
If the Fed were to impose a slight increase in the required reserves ratio there would be .
If the Fed were to impose a slight increase in the required
reserves ratio, there would be _____.