If prices are sticky - Study guides, Class notes & Summaries

CFA Level 1 - 101 Must Knows 368 Questions with Verified Answers Addition Rule of Probability - CORRECT ANSWER ADDITION: P(A or B) = P(A) + P(B) - P(AB) Roy's Safety First Criterion - CORRECT ANSWER Safety First Ratio = (E(R) - Rₜ) / σ Larger ratio is better If (Rₜ) is risk free rate, then it becomes Sharpe Ratio Sharpe Ratio - CORRECT ANSWER Sharpe Ratio = (E(R) - RFR) / σ Larger ratio is better If (Rt) is higher than RFR, then it becomes Safety First Ratio Centra...

ECN 211 ASU Exam 3 With Questions and Correct Answers. Recession - ANSWER -a period of mildly falling incomes and rising unemployment ex. -caused by a leftward shift in aggregate demand and a leftward shift in aggregate supply Depression - ANSWER a severe period of falling incomes and rising unemployment ex. Great Depression The Business Cycle - ANSWER the short-run fluctuations of the economy Economic Fluctuations - ANSWER -are irregular and unpredictable -most macroeconomic variables ...

ECN 211 ASU Exam 3 With Questions and Correct Answers. Recession - ANSWER -a period of mildly falling incomes and rising unemployment ex. -caused by a leftward shift in aggregate demand and a leftward shift in aggregate supply Depression - ANSWER a severe period of falling incomes and rising unemployment ex. Great Depression The Business Cycle - ANSWER the short-run fluctuations of the economy Economic Fluctuations - ANSWER -are irregular and unpredictable -most macroeconomic variables ...

ECN 211 ASU Exam 3 With Questions and Correct Answers. Recession - ANSWER -a period of mildly falling incomes and rising unemployment ex. -caused by a leftward shift in aggregate demand and a leftward shift in aggregate supply Depression - ANSWER a severe period of falling incomes and rising unemployment ex. Great Depression The Business Cycle - ANSWER the short-run fluctuations of the economy Economic Fluctuations - ANSWER -are irregular and unpredictable -most macroeconomic variables ...

ECN 211 - Final Exam Study Guide Questions with Complete Solutions High and unexpected inflation has a greater cost - Correct Answer for those who have fixed nominal wages than for those who have nominal wages that adjust with inflation. When deflation exists, - Correct Answer the real interest rate is greater than the nominal interest rate. When the money market is drawn with the value of money on the vertical axis, an increase in the money supply causes the equilibrium value of money - ...

Explain in simple words what do "sticky prices" mean. correct answers Some prices, like wages and long term contracts, cannot adjust right away when the conditions in the economy change. Since prices cannot react, that means that the self-adjustment mechanism that we studied in the past will be ineffective and unable to bring the economy back to full employment on its own without intervention. The Multiplier: a) What is the definition of the MPC? What is the definition of the Multiplier? ...

In 2008, the United States was in recession. Which of the following things would you expect to have happened? correct answers - Increased layoffs/firing - Higher bankruptcy rate - Increased unemployment insurance claims The Wealth Effect, Interest-Rate Effect, and Exchange-Rate Effect are all explanations for ____. correct answers The slope of the aggregate-demand curve If the rise in house value made homeowners feel wealthier, then it would have shifted ___. correct answers aggregate de...

Macroeconomists study? correct answers Economy Wide phenomena Which of the following statistics is the best single measure of an economy's well being? correct answers GDP The 3 main concerns of Macro are? correct answers Inflation, Unemployment and output growth According to the Classical Model, excessive unemployment correct answers could not persist because wages would fall to eliminate the excess supply of labor According to the Keynesian model, excessive unemployment correct ans...

The relationship between actual output in an economy, the long-run component, and the short-run component is given as Long-run trend = Current output + Short-run output. a. True b. False b A policy rule dictates that monetary policy is set at the discretion of the president. a. True b. False b Brainpower Read More The main policy instrument used by the Federal Reserve is the target federal funds rate. a. True b. False a The foundation of the IS curve is the nationa...

NUR 475 Maternity Ch 1, 3, 6 Latest updated 2021/2022 Chapter 1-21st Century Maternity Nursing Maternity Nursing Maternity Nursing- encompasses pre-conception, pregnancy, childbirth and the first 6 weeks after birth. ◦ Care givers ◦ Nurses ◦ Nurse practitioners ◦ Nurse midwives ◦ Locations ◦ Offices ◦ Clinics ◦ Home ◦ hospitals ◦ HEALTH DISPARITIES Health disparities refer to differences in the health status of different groups of people. Some groups of people have higher rat...