ECON FINAL
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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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