
fiscal and monetary policy
Quiz by Denise Vosika
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Real GDP is
If you are replaced by machinery (such as self checkouts), what type of unemployment is that?
If a person is between jobs, what type of unemployment is that?
What is the bad type of unemployment that we try to fix
When real GDP declines for 6 mo or more in a row it is a
When prices are increasing, our purchasing power is decreasing and its measured by the CPI- what type of instability is this?
The Federal Reserve is the ________________ bank of the United states
How many district banks does the Federal reserve have?
If the Fed buys bonds and decreases the reserve requirement, they are conducting ______________ fighting ______________________
If the Fed sells bonds and decreases the discount rate, they are conducting ______________ fighting ______________________
If the government raises taxes or decreases government spending, they are conducting _____, fighting _____
If the government lowers taxes or increases government spending, they are conducting _____, fighting _____
Tools of monetary policy (FED) are
Tools of fiscal policy (government)
Define open market operations
Define reserve requirement
Define discount rate
Define Federal Funds rate