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5.1 macro review

Authored by olivia ☆.

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11th Grade

Used 1+ times

5.1 macro review
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32 questions

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1.

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1 min • 1 pt

policymakers often combine... policy and... policy to influence the economy

2.

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1 min • 1 pt

the short-run... curve shows a trade-off between... and...

3.

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1 min • 1 pt

expansionary monetary policy can stimulate the economy in the short run but, according to the... theory of money, it will lead to higher... inflation in the long run

4.

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1 min • 1 pt

an increase in deficit spending increases the... and often results in an increase in the real interest rate and less investment, or...

5.

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1 min • 1 pt

more physical or human capital causes economic growth & shifts the LRAS curve to the...

6.

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1 min • 1 pt

if the economy is slow, they want to speed it up

7.

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1 min • 1 pt

if the economy's too hot (high inflation), they want to cool it down

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