Macro Study Guide
Pearson Education, Limited, Feb 21, 2007 - 314 pages
The Study Guide, created by Dan Martinez of Salt Lake Community College, reinforces economic concepts and Applications from the main book and help students access their learning. Each chapter of the Study Guide includes the following features: Chapter Summary: Provides a summary of the chapter, key term definitions, and review of the Applications from the main book. *Study Tip: Provides students with tips on understanding key concepts *Key Equations: Alert students to equations they are likely to see throughout the class *Caution : Alerts students about potential pitfalls and key figures or tables that deserve special attention *Practice Test: Includes approximately 25 multiple-choice questions and 10 true/false questions that help students test their knowledge of the material *Solutions to the practice test
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What Is Economics?
The Key Principles of Economics
Exchange and Markets
16 other sections not shown
affect aggregate demand curve aggregate supply aggregate supply curve amount Application that answers assets bonds budget capital deepening cause chapter chips comparative advantage consumers consumption function countries currency current account debt decrease deficit demand for money deposits depreciation economic growth economists economy euros example expectations expenditures exports factors fall Federal Reserve Figure firms fixed exchange rate foreign full employment funds government spending graph growth rate higher hyperinflation imports income inflation rate investment spending Key Equation key questions labor force level of output loans long run lower macroeconomic monetary policy money supply natural rate nominal interest rates opportunity cost payments percent potential output Practice Quiz price level purchase quantity demanded questions we posed real GDP recession review an Application rise savings shift shirts short run Study Tip supply curve supply of money technological progress trade U.S. dollar United wages and prices workers