ECO Topic 9 Vocabulary
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
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| Fiscal policy | show 🗑
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| show | a written document estimating the federal government's revenue and authorizing its spending for the coming year
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| Fiscal year | show 🗑
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| show | a bill that authorizes a specific amount of spending by the government
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| Expansionary policy | show 🗑
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| Contractionary policy | show 🗑
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| show | a school of thought based on the idea that demand for goods drives the economy
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| show | a school of thought that used demand-side theory as the basis for encouraging government action to help the economy
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| Supply-side Economics | show 🗑
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| show | when government expenditures exceed revenues
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| John Maynard Keynes | show 🗑
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| show | one of Reagan’s advisers, a former professor of economics who strongly supported individual freedom and pushed for more laissez-faire polices – hallmarks of classical and supply-side economics
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| Budget surplus | show 🗑
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| Budget deficit | show 🗑
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| show | a government bond with a maturity date of 26 weeks or less
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| show | a government bond with a term of from 2 to 10 years
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| show | a government bond that is used in terms of 30 years
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| show | the total amount of money the federal government owes to bondholders
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| show | bank reserves greater than the amount required by the Federal Reserve
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| Discount rate | show 🗑
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| Federal funds rate | show 🗑
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| Prime rate | show 🗑
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| Open market operations | show 🗑
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| show | a monetary policy that increases the money supply
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| Tight money policy | show 🗑
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| Monetarism | show 🗑
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| show | he questioned economist’s ability to influence the economy effectively and had faith in a free economy’s ability to self-adjust
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Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
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Created by:
cwarsing
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