Unit Five Lesson Fourteen Economics

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Other
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12th Grade
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Hard
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1.
FLASHCARD QUESTION
Front
The possible effect of increased government borrowing on businesses and consumers; by driving interest rates up, high levels of government borrowing may crowd private borrowers out of the lending market
Back
Crowding-out effect
2.
FLASHCARD QUESTION
Front
Government spending in excess of what is collected in revenues
Back
Deficit spending
3.
FLASHCARD QUESTION
Front
A monetary policy designed to accelerate the rate of growth of the money supply in order to stimulate economic growth
Back
Easy-money policy
4.
FLASHCARD QUESTION
Front
Government policy regarding taxing and spending
Back
Fiscal policy
5.
FLASHCARD QUESTION
Front
Central bank policy aimed at regulating the amount of money in circulation
Back
Monetary policy
6.
FLASHCARD QUESTION
Front
A ripple effect in which a change in spending by one person or business leads to additional changes in spending by another person or business
Back
Multiplier effect
7.
FLASHCARD QUESTION
Front
A combination of economic stagnation—or slowdown—and high inflation; features of stagflation include slow or zero economic growth, high unemployment, and rising prices
Back
Stagflation
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