a budget surplus shrinks the debt A market in which there are many buye competitive market A pair of shoes that costs $80 last inflation A recession is a short term downfall of economic a recession results in all the above All of these are components of the expe taxes an individual has ___ in producing a goo comparative advantage completed goods counted in the gdp final goods Congress cutting taxes is an example of fiscal policy fiscal policy aims to influence the econ government spending and taxation GDP, CPI, and the unemployment rate economic indicators used to determine how does a budget deficit relate to the budget deficits create the national debt How many stages 4 If congress increases government spen increase If minimum wage laws were repealed employers would hire more people if the economy is in a recession, which expansionary fiscal policy if the quantity of money demanded the interest will rise increasing reserve requirements is stop inflation is a way to illustrate how a regular Consumer price index qIt captures the prices of goods and servi Consumer price index It is the continuing increase of the gen inflation It is the decrease in the general level deflation It is the measure of a country's total GDP It is the study of the nations economy Macroeconomics It is the total market value of all final GNP Macroeconomics is the study of the entire economy money loses its value when it it becomes too plentiful open market operations and discount Monetary policy people can get more of what they TRUE People usually use what to purchase car loan Raising discount rate raises all interest rates Saying that net exports are positive is there is a current account surplus Select the three macreconomic policy keep growing >limit unemploym >keep prices solve the gdp using the expenditure 423M someone without a job who has quit discouraged worker Someone without a job, but looking Unemployed The government should increase their all the above The labor force consists of all employed & unemployed civilian workers The value of money is greater as prices FALSE The___ model is a model of how a ___ Supply and demand; competitive This happens when there is an increase economic growth To much money in our economy leads inflation To promote higher economic growth increase gov spending & decrease taxation Unemployed plus employed labor force unemployment caused by lack of skills structural unemployment What do you call an economic policy fiscal policy What does CPI stand for consumer price index What is a trade tariff a tax on traded goods what is competitive advantage conditions that allow a company to make stuf What is inflation the general increase in prices what is money any item accepted as payment for goods or what is the fiscal policy when the government changes tax rates What is the monetary policy the changing of interest rate and influencing When economist say that money serves a monetary unit for measuring and comparing When the government spends more Deficit Which agency is tasked of creating mon bangko sentral ng pilipinas Which is an example of government spe road construction Which is considered a sin tax tax on tobacco Which is not a function of money traded item Which is true of the sin tax all the above Which of the ff are responsible fiscal The president and congress Which of the ff is a monetary policy increasing the money supply Which of the ff is not an economics ind presidential policy Which of the ff scenarios would cause lowering interest rates Which of the ff would be most likely to increasing consumer confidence which of the following situation descri sharon just graduated from college which of the following type of spending imports Which of these is most likely to occur Consumer spending decreases Which of these is not a monetary Balance accounts Which pairs of operations Best fit fiscal government spending & taxation Who's economic slowdown has China