Hosted By GGUSD Economics Terms 1 Gov Terms

Hosted By GGUSD Economics

Terms 1 Gov & $ Terms 2 Misc 100 100 200 200 300 300 400 400 500 500

What are Parks? Examples of public goods Row 1, Col 1

What is one form of public disclosure? A food ingredients label 1, 2

What is private property? A major feature of capitalism 1, 3

What is fiscal policy? The government’s attempt to Stabilize our economy Through taxing And spending 1, 4

(Group which applies the tools of Monetary Policy? The Federal Reserve Board 2, 1

What is supervising & regulating banking? The principle Responsibility Of the Federal Reserve 2, 2

What is increased government spending? Expansionary Fiscal Policy 2, 3

What are congress and the President? The officials in charge of Fiscal Policy 2, 4

What is open market operations? The most commonly Used tool by the Federal Reserve Board 3, 1

What is the Federal Open Market Committee? The group that Regulates Monetary Policy 3, 2

What is a freeing of excess reserves? Whenever the Fed Lowers the Reserve requirement 3, 3

What is the discount rate? A monetary tool used by the Federal Reserve Board 3, 4

What is regulating the currency? How the Fed impacts economic Conditions in our country 4, 1

What is cyclical unemployment? The type of unemployment when Workers are laid off due To swings in the Business cycle 4, 2

What is a boycott? A strategy used by unions to Gain benefits For their members 4, 3

What is a strike? A technique used by unions to Withhold labor until Their demands are met 4, 4

What is education? A main factor that Contrbute to Wage differences Among workers 5, 1

What is labor productivity? The reason for Americans Earning the highest rates Of incomes in The entire world 5, 2

What is inflation? Higher prices and increased Interest rates lead to this 5, 3

What is an unemployment rate of 5%? When America has hit Full employment 5, 4