1) What is the role of the government on the economy?
2) What is fiscal policy? What is monetary policy?
3) What is discretionary fiscal policy?
4) What is Net Taxes?
5) What is the difference between income and disposable income?
6) What is a budget deficit, or a budget surplus?
7) What does affect planned investment?
8) How does the government spending affect GDP?
9) What is the government multiplier? What is the formula for the government multiplier?
10) What is the tax multiplier? What is the formula for the tax multiplier?
11) Why the tax multiplier has a minus sign?
12) What is the balanced-budget multiplier? Why does it equal to 1?
13) What is the federal budget?
14) What is the federal debt? How does the surplus or deficit affect the federal debt?
15) What is aggregate output? Aggregate income?
16) What does it mean that we are talking in real terms?
17) What are automatic stabilizers, destabilizers and Fiscal drag?
18) What is defined as full-employment budge? What about structural deficit? Cyclical deficit?
19) Do you know how to determine equilibrium with taxes and government spending?
20) What is money? What is the difference between money, income and wealth?
21) What is barter? What is the problem with barter?
22) What is the main advantage of money? What is the main disadvantage of money?
23) What is a unit of account? What are commodities monies? Fiat? Legal tender?
24) Define Currency debasement 25) What are the differences between M1 (transactions money) and M2 (broad money)?
26) What is included when calculating “beyond M2?”
27) What is the Federal Reserve?
28) What are reserves? What is the required Reserve Ratio?
29) How money is created through banks?
30) What is the money multiplier? How is calculated?
31) What is the Federal Open Market Committee (FOMC)? What about the Open Market Desk?
32) What are the main functions of the Federal Reserve?
33) What does it mean that the Federal Reserve is the lender of last resort?
34) What are the two mandates of the Federal Reserve?
35) What determines the demand for money?
36) What is the relationship between interest rates and security prices?
37) How does the Federal Reserve Use Open Market Operations and why?
38) What is the discount rate?
39) What is the relationship between the amount of money and the interest rate?

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Status NEW Posted 03 May 2017 02:05 AM My Price 20.00

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