Stagflation - Study guides, Class notes & Summaries

aggregate demand curve CORRECT ANSWER a curve depicting the relationship between real GDP demanded (i.e., expenditures) and the price level in the economy; the aggregate demand curve slopes downward from left to right. aggregate supply curve CORRECT ANSWER a curve defining the relationship between real production and price level. business cycles CORRECT ANSWER fluctuations in real GDP around the trend value; also called economic fluctuations. consumer surplus CORRECT ANSWER the differen...

Business 5101 Praxis Practice TEST 100% Pass Command Economy Govt. Controlling Prices & Production Security&Exchange Commission(SEC) responsibilities: Regulate securities, investigate insider trading, process applications for initial public offerings(IPO's) Customer's desire for product and ability to obtain product Product demand is directly influenced by: Sarbanes-Oxley Act of 2002 Fight corporate & accounting fraud Buyer's Market Product availability exceeds demand Maslow's hierarchy...

Amsco APUSH Chapter 30 Latest 2023 Graded A Milton Freidman free market economist who gave evidence in the 1970s of a steady shift to the right, away from the liberalism of the 1960s. political action committees (PACs) Political action committees which became a force for change. Opposed big government, New Deal liberalism, gun control, feminism, gay rights, welfare, affirmative action, sexual permissiveness, abortion, and drug use Proposition 13 a measure that sharply cut property taxes Arthu...

FSOT Economics Latest Update 100% Correct Gross Domestic Product (GDP) The sum value of all goods and services produced within a country. Gross National Product (GNP) The sum value of all goods and services produced by permanent residents of a country regardless of their location. Stagflation A stagnant economy with a high level of inflation--price level increases and output decreases Consumer Price Index (CPI) A cost of living index that measures the total cost of goods and s...

Energy Crisis - Caused by a decrease in oil supplies and embargos by OPEC Stagflation - A stagnant (still, flat) economy with high inflation -leads to high unemployment, which leads to more stagflation Carter's "Malaise" speech, 1979 - Jimmy Carter criticizes American materialism and urges a communal spirit to help the economy intended to improve public morale -political disaster Iranian hostage crisis, 1979 - Iranian Militants overtake the U.S. Embassy in Iran, wanting justice for the...

Fiat Money - Answer-Money that isn't tied to reserves such as gold, rather is guaranteed by the government's trustworthiness. Has no intrinsic value. Exists in currency bills form and bank deposits. M1 - Answer-The sum of all money held by businesses and individuals (incl. traveler's checks) and checkable deposits. M2 - Answer-The category that contains all funds included in M1, as well as savings deposits, smalltime deposits, money market funds, and other deposits. M3 - Answer-The class...

according to the lecture and the textbook an example of criminal state is.... A.) Nazi Germany B.) USA C.) Switzerland D.) All of the above correct answers A.) Nazi Germany One of the unique aspects of employee theft is that people near the bottom of organizational hierarchies have more and better opportunities to steal from their employers. True or false? correct answers B.) False NASA contractors are often accused of engaging in unethical and possibly illegal practices put a rarely...

What is a "market, not-held" order? correct answer: Customer allows the rep to use her own judgement as to the price and time at which the transactions will be executed What is the taxation for non-qualified variable annuities? correct answer: - Growth distributions are taxed How do you calculate the parity price of a stock? correct answer: Parity Price = Market Value / Conversion Ratio = Market Value / (Par Value/Conversion Price) What is the term to describe rising unemployment a...

Forging the modern world final Exam Questions With Correct Answers Free trade and comparative advantage - answer-originating 18th century -Adam Smith argues free trade will produce greater wealth than mercantilist trade; way capitalism should work -notion of laissez-faire capitalism-could create wealth -greed of capitalists generally negates itself and produces results that are advantageous to but unimagined by individual -increase profits -comparative advantage: producing at lower cost...

SIE exam caril: complete study guide Q-bank answered latest spring 2023. What type of risk is unique to a specific industry, business enterprise, or investment type? - Under which of the following circumstances is an investor in a position to acquire stock? - Options- a premium - Options- strike price A customer believes that ABC's price will go up but does not have the money to buy 100 shares right now. How could the customer use options to profit from an increase in the sto...