macro

Money loses its value when it

• It becomes too plentiful
• becomes too portabale
• is divisible
• is durable

Inflation is measured by...

• Consumer Price Index (CPI).
• Gross National Product (GNP).
• Gross Domestic Product (GDP).
• Securities & Exchange Commission (SEC).

It is the study of the nations economy as a whole.

• Microeconomics

• National economy

• National output

• Macroeconomics

It is the measure of a country's total production of final goods and services in a given period of time.

• Gross National Product

• Gross Domestic Product

• Exports

• Imports

What do you call an economic policy that is designed to influence the aggregate demand in order to control the economy?

• Spending policy

• National policy

• Fiscal policy

• Monetary policy

It is the continuing increase of the general price level in the market.

• Inflation

• Deflation

• Stagflation

• Recession

It is the decrease in the general level of prices of basic commodities.

• Inflation

• Deflation

• Stagflation

• Stagnation

It captures the prices of goods and services that consumers typically buy.

• Total Weighted Price

• Weighted Price

• Consumer Price Index

• Consumer Product Index

The Consumer Price Index measures:

• GDP

• unemployment rates

• inflation rates

• new industry in the nation

Point A on the graph is:

• trough

• period of contraction

• peak

• recovery