Econ Quiz #2

When real GDP falls and keeps falling for a long period of time.

• Equity

• Depression

• Debt

• Crowding Out

The central bank of the U.S.

The government spending more money than it collects in tax revenue

• Inflation

• Debt

• Capital

• Deficit Spending

A policy ends up having a negative effect, opposite of what was intended

• Equity

• Capital

• Debt Floor

• Perverse Incentive

When output slows down or stops or stagnates at the same time that prices rise

• Stagflation

• Depression

• Debt

• Crowding Out

The amount by which a government's spending exceeds its income over a particular period of time

• Debt

• Budget Deficit

• Stagflation

• Debt Ceiling

Increasing or decreasing the money supply to speed up or slow down the overall economy

• Hyperinflation

• Stagflation

• Monetary Policy

• Capital

An accumulation of budget deficits

• Debts

• Budget Deficit

• Inflation

• Stagflation

An establishment that conducts financial transactions such as investments, loans, and deposits

• Federal Reserve

• Securitive

• Financial Institutions

• Bank

The difference between the value of the assets/interests and the cost of the liabilities of something owned

• Equity

• Capital

• Debt Ceiling

• Liquid Assets