Macroeconomics Questions

The Consumer Price Index (CPI) measures inflation by looking at a selection of common goods. The three main categories of goods covered by the CPI are food and beverages, clothing, and ________.

Concerning full employment, Hazlitt writes that "the real question" isn't how many jobs there will be in the United States at a particular point in time. Instead, "the real question" is what?

Which of the following scenarios would likely result in demand-pull inflation?

When the money supply increases more than the output of goods and services increases, it results in ________.

In the United States, the federal government seeks to achieve three economic goals:

An extremely long and severe economic contraction is called a(n) ________.

In the discussion of maximizing employment versus maximizing production, Hazlitt writes that "production is the end, employment merely the ________."

According to the video, one factor that affects the different phases of the business cycle is consumer-producer ________.

In the story about Milton Friedman visiting an overseas construction site, Friedman suggests that more jobs could be created by taking away the workers' shovels and giving them ________.

When Martin goes on vacation to France, he exchanges his dollars for euros. In this scenario, what market is Martin participating in?

A tradable financial asset, such as a stock or bond, is called a ________.

Which of the following Congressional acts together established the Securities and Exchange Commission? (Choose all that apply.)

One potential cause of unemployment is seasonal fluctuations in ________.

The official unemployment rate in the United States includes any individuals over the age of ________ who are working for pay or seeking paid work.

An example of international economic institution is the IMF, or International __________ Fund.

Let's say that at the beginning of the year, $100 could buy 100 loaves of bread. By the end of the year, that $100 could only buy 95 loaves of bread. What was the rate of inflation for that year?

In the United States, the highest level of inflation since the Great Depression occurred in 1979. What was the percentage of inflation in 1979?

According to Okun's law, when cyclical unemployment is negative, the output gap

When your grandfather keeps a bundle of $100 dollar bills behind a brick in the basement, this is an example of dollars serving as:

Savings deposits are ________ the M1 measure of money and ________ the M2 measure of money.