Macroeconomics 2022

Front

The​ ​Consumer​ ​Price​ ​Index​ ​(CPI)​ ​can​ ​be​ ​defined​ ​as

Back

A​ ​measure​ ​of​ ​inflation​ ​based​ ​on​ ​the​ ​cost​ ​of​ ​a​ ​fixed​ ​“market​ ​basket”

Front

Money loses its value when it

Back

There's too much of it

Front

Inflation is measured by...

Back

Consumer Price Index (CPI).

Front

A pair of shoes that costs $80 last month costs $100 this month. Which of the following BEST describes this economic condition?

Back

inflation

Front

The central bank in the USA that regulates the monetary system

Back

The Fed

Front

How many Federal Reserve Districts are in the U.S?

Back

12

Front

The Fed's branch with 7 members

Back

Board of Governors

Front

The Fed does not

Back

set taxes

Front

When the fed loans a bank by $1,000, then

Back

the money supply increases by $1,000

Front

Which has to do with Government Spending? Options: Fiscal Policy, Monetary Policy

Back

Fiscal Policy