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ECON FINAL

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Question
Answer
what is the definition of money? (M1, M2, M3)   show
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show inflation, income, interstate, credit availability  
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show 3: branch vs unit, state vs. national, and FDIC- Federal deposit insurance company  
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show Interest rates goes down, reserve ratio required goes down, Buting t bonds goes up  
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show the interest rate that one bank charges to other banks overnight to fulfill their reserve ratio requirements from the Fed.  
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how many federal reserve districts are there?   show
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what is the purpose of the banks business?   show
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what is the reserve ratio requirement?   show
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show any interest rates that are over 20%  
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%=   show
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what is the equation of exchange?   show
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crude version of the quantity theory?   show
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show 1, Full emp--> M^--> P^ 2. Below Emp. M^--> Q^  
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New classical theory   show
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Supply-side theory   show
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Behavioralism theory   show
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show the skills, knowledge, and experience possessed by an individual or population, viewed in terms of their value or cost to an organization or country.  
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example of growth comparable institution   show
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show labor forces change due to: 1.average work week/year, 2. declining education system, 3. Permanent lower class, 4. Restriction of immigration, 5. Population change  
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what is the lorenz curve? (1 problem, several questions)   show
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show 1. 4 people per family, 2. 1/3 of money is used for food  
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show liberal solutions and conservative solutions  
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show 1. national security, 2. infant industry, 3. low wage argument, 4. the employment argument  
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show 1. tariff, 2. quate- the # of units that you buy , 3. Embargo  
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reasons for US trade imbalance   show
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show 1. maintain high rate of productivity, 2. lower our dependency on foreign imports, 3. reduce our rising deficit w/ China, 4. face up with the national consumption junkies  
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exchange rate   show
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BOP problem   show
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Created by: laraa391
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