Öffentliche einnahmen" "government revenues
Classified in Economy
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Real GDP decreases from 2007 to 2008. We can conclude that /production levels are lower in 2008
The Can change the quantity of money in the Economy. /Federal Reserve
The Annual budget is decided upon by the /President Of the United States and United State Congress
The Boards of directors of the Federal Reserve (FOMC) is /A seven- member board, each one serving a 14-year term
The capital stock at the end of 2008 is Equal to the capital stock at the beginning of 2008 /plus net investment
The consumption function is C = 200 + 0.9Y. The saving function is /S= -200 + 0.1Y
The Difference between what the government spends and what it collects in taxes in A year is /The Government budget or surplus
The economy is experiencing widespread Unemployment. A Macroeconomic student at Monroe College might suggest the Government to /decrease taxes
The expenditure Approach equation of an open economy is /C+ I + G + (EX-IM)
The Federal government has a budget surplus when /Tax receipts exceeds government spending
The Federal reserved is organized into /12 District, dividing up the United States
The Function of money are /Medium of Exchange, unit of account, and store of value
The Functions of money are /medium of exchange, unit of account, and store of value
The Interest rate that bank pay to borrow money from the Fed is the /Discount rate
The Labor force participation rate indicates /The Willingness of working-age people to take jobs
The Natural unemployment rate is the unemployment rate that exists when there is no /Cyclical unemployment
The preferred instrument of monetary policy /open market operations
The Quantity of money decreases if /The Currency drain increases
The real interest rate is 4%. Inflation is expected to run at 10% During 2008. During 2008, the market interest rate is --- -If during 2008, the Actual inflation rate is 4%----lose. /14%; Borrowers
The Three main policy tools the Federal Reserve System uses to influence the Interest rate are setting the /Discount Rate, open market operations, and setting the required reserve ratio
The Type of unemployment that arises from a decrease in real GDP is called /Cyclical unemployment
The Working age population includes /Employed And unemployed people over the age of 16
When Calculating the unemployment rate, the BLS counts those over 16 and in jail as /Institutionalized and therefore Not in the working-age population
When Economics refer to “tight” monetary policy, they mean that the Federal Reserve Is taking actions that will /Contract the money supply
When taxes are lump sum, tax revenues ---- As income increases /will not change
When The tax revenue are equal to government spending, the situation is referred to /A balanced budget
Which of the following Federal Reserve Banks caries out the decision of the FOMC? /The New York Federal Reserve Bank
which of the following instrument is not Used by the Fed to change the money supply /tax rate on interest earnings
Which of the following is not s a Responsibility of the Fed /issuing new Bonds to finance the federal deficit
Which of the following would an economist Classify as capital? /A computer used by An accountant
which statement is false.When the market Interest rate is higher than normal /the Opportunity cost of holding money is lower than normal