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Exam Review Mix.

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Presentation on theme: "Exam Review Mix."— Presentation transcript:

1 Exam Review Mix

2 In the SR, wages and prices are often

3 Slope of the LRAS curve?

4 Describe

5 Describe again

6 Describe

7 Describe

8 Government Stimulus Checks

9 A short streak of beautiful weather that improves employee morale

10 European recession

11 20 million immigrants in one year

12 Which types of unemployment exist?

13 Demand-side economic policies become ineffective in which range of the SRAS curve?

14 PPC

15 AD/AS LR equilibrium

16 Money Market Graph

17 Loanable Funds Graph

18 Phillips Curve

19 Foreign Exchange dollar and euro

20 Demand for Money and Functions of Money
Transaction Demand Asset Demand Store of Value Medium of Exchange

21 Demand for Money and Functions of Money
Transaction Demand Asset Demand Store of Value Medium of Exchange Which function is missing?

22 Appreciate or Depreciate?
Increase interest rates

23 Appreciate or Depreciate?
Relatively high inflation

24 Appreciate or Depreciate?
Increase exports

25 Appreciate or Depreciate?
Contractionary monetary policy

26 Appreciate or Depreciate?
Government deficit spending

27 Better indicator of increased standard of living
Real per capita GDP Nominal per capita GDP

28 How can unemployment go down without new job creation?

29 Opportunity cost of holding cash

30 Shows an inverse relationship between inflation rate and unemployment

31 3 Fed Tools

32 Vertical range of SRAS

33 Unemployment at vertical range of SRAS

34 Monetary/Fiscal combo that will most def lead to increased inflation

35 $ depreciates. NX?

36 Measures change in prices of a fixed basket of goods

37 Increased spending of $10 million
MPC of .9 Max GDP change?

38


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