International Monetary Policy Scenarios

All, or everything

• Aggregate

• GDP

• Inflation Rate

• Unemployment Rate

• GDP Annual Growth Rate

This is a measure of the value of all the goods and services produced within an area during a given period of time.

• Aggregate

• Gross Domestic Product (GDP)

• Inflation Rate

• Unemployment Rate

• GDP Annual Growth Rate

This is a measure of how much overall prices change over time.

• Aggregate

• Gross Domestic Product (GDP)

• Inflation Rate

• Unemployment Rate

• GDP Annual Growth Rate

This is a measure of the number of people who are able to work and actively looking for work, but don't have a job.

• Aggregate

• Gross Domestic Product (GDP)

• Inflation Rate

• Unemployment Rate

• GDP Annual Growth Rate

This is a measure of how much the GDP of an economy changes from one year to the next.

• Aggregate

• Gross Domestic Product (GDP)

• Inflation Rate

• Unemployment Rate

• GDP Annual Growth Rate

A percentage charged above and beyond the actual value of the loan, this must also be paid back.

• Commodity Money

• Specie Money

• Fiat Money

• Loan

• Interest

These are actions by the Central Bank of a country (Federal Reserve in the US) to manage the money supply.

• Fiscal policy

• Monetary policy

• Progressive tax

• Proportional tax

• Regressive tax

These are taxing and spending policies by a government.

• Fiscal policy

• Monetary policy

• Progressive tax

• Proportional tax

• Regressive tax

Most countries try to maintain an inflation rate of ______ per year.

• One percent or less

• Two to three percent

• Four to five percent

• Six to seven percent

According to this graph, what has happened to the inflation rate in Argentina over the past year?

• Inflation has increased

• Inflation has decreased

• Inflation has stagnated

Tags

2.1.2