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Macroeconomics Final Exam
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Macroeconomics Final Exam
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25 Questions

1. As Curve Is The One That "_______ _____" The Economy

2. _________ __________ Is Spending Someone Else's Money On Somebody Else

3. No Mark Up In ______ _____

4. How The Economy Organically Fixes Itself Without Monetary Or Fiscal Policy

5. In The Ad Curve - When The Price Increases - GDP ________

6. (Reserves/Deposits) > ______ (This Percentage Varies Based On The Size Of The Bank)

7. Labor Force Participation Rate =

8. All Government Outlays - Tax Revenue > 0

9. GDP Deals With Production So It Is The ______ Curve | Ae Deals With Spending So It Is The ______ Curve

10. Which Of The Following Is Not True About CPI?

11. Should Be Around 4.5-5% (Natural Unemployment) -not Looking At 0% Unemployment - GDP=Potential GDP

12. Budget Deficit And Surplus Have A Bit To Do With The President - But Mostly Deals With The ________ __________

13. Buying Bonds And The Money Supply Increases

14. Do Nothing About The Exchange Rate And Allow The Market To Decide -between Us - Canada And Other Developed Countries

15. G + Transfer Payments

16. ________ Shifters: - US Real GDP -relative Price Levels In The US -relative Interest Rates In The US -expected Future Exchange Rate

17. Allow The Market To Determine The Exchange Rate While Also Controlling It At The Same Time -between Floating And Fixed -used In China

18. M1 And M2 Are ______ ________ Of Money

19. Which Category Would Home Construction Fall Into?

20. Chinese Buying From The Us

21. The Correction To The Inflation In 1979 Caused A _________ In 1981

22. Don't Allow The Exchange Rate To Move- do Everything To Keep It Constant - used In African And The Middle East

23. In The _____ ______ - Price Does Not Matter

24. On Homes And Cars -higher This Leads To Lower Consumption

25. Positive Demand Shock Causes Interest Rates To ______

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