Macroeconomics Study Guide
McGraw-Hill, Jul 8, 2005 - Business & Economics - 272 pages
Written by David Colander, Jenifer Gamber, and Douglas Copeland, the 6th Edition Study Guide combines the best of the previous edition’s workbook and study guide. It is designed for courses that emphasize basic knowledge of text material. A preface helps students prepare effectively for exams using the text, lecture notes, and the study guide. For each text chapter, this comprehensive learning resource includes Chapter at a Glance, Matching Terms and Concepts, Problems and Exercises, and Short Answer and Multiple Choice Questions with Answers to reinforce both text content and classroom lectures. Five pre-tests test knowledge of groups of related chapters.
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AE curve aggregate demand aggregate expenditures answer autonomous expenditures banks benefits billion bonds BRAIN TEASER capital cash chapter comparative advantage consumer contractionary monetary policy country's currency curve shifts curve will shift debt decrease demand curve developing countries dollar domestic economists economy effect equilibrium income equilibrium price equilibrium quantity expansionary fiscal policy expansionary monetary policy expectations exports fall financial asset flexible exchange rates foreign growth imports increase the money individuals inflation inputs interest rate investment liability loans long-run Match the terms money multiplier money supply MULTIPLE CHOICE multiplier model opportunity cost percent Phillips curve POTENTIAL ESSAY QUESTIONS potential output price level PROBLEMS AND APPLICATIONS production possibility curve quantity demanded quantity supplied Real output reduce reserve requirement SAS curve sell SHORT-ANSWER QUESTIONS short-run Phillips curve slope social supply curve surplus tariff trade deficit trillion U.S. dollar United wadgets wages