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Macroeconomics
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Net Exports:Exports Minus Imports
Unemployed:Not Working Not Looking For Work In the Labor Force
Disposable Income: Personal Income Minus Personal Taxes
GDP: Annual Production Of Total Market Value of Final Goods and Services
Utility:Satisfaction One Receives From A Good
Macroeconomics:The Branch of Economics that Deals With Human Behavior and Choices As It Relates to the Whole Market
Efficiency: Marginal Benefits Equal Marginal Costs
Opportunity Costs: Most Highly Valued Opportunity or Alternative Forfeited When A Choice Is Made
Surplus:Above Equilibrium Price
Shortage:Below Equilibrium Price
Supply Curve: Price Increases then Quantity Increase and Prices Decreases then Quantity Decreases
Inferior Good: Income Rises Demand Falls and Visa Versa
Normal Good: Income Rises Demand Rises and Visa Versa
Price Ceiling:A Government Mandated Maxmium Price Above Which Legal Trades Cannot Be made
Price Floor:A Government Mandated Minimum Price Below Which Legal Trades Cannot be Made
Consumer Surplus: Maximum Buying Price Minus Price Paid By Buyer Producer Surplus Price Received Minus Minimum Selling Price
Real GDP:GDP That Is Higher Because Quantity Of Output Is Higher
Says Law: Supply Creates its Own Demand
Fiat System: United States Money Supply is not backed by Gold.
Open Market Operations and Reserve Ratio and Discount Rate: Is FED Tool for Controlling Money Supply
Excess Reserves: Reserves Minus Required Reserves
Reserves: The Sum of the Bank Deposit at the Fed and Vault Cash
Federal Budget Surplus: Tax Revenues Greater Than Government Expenditures
Lower Marginal Tax Rates:Increases the Incentive to Engage in Work Relative to Leisure Long Run and Short Run Aggregate Supply Curve Increases Or Shifts Right
Federal Reserve: Can Cause The Money Supply To Rise And Fall Using 3 Major Tools
Types of Unemployment: Frictional And Structural And Natural
Frictional Unemployment: People With Transferable Skills Leave Their Job To Move To Others.
Structural Unemployment: Unemployed People Skills Do Not Match The Available Job Openings
Natural Unemployment: Structural Unemployment and Frictional Unemployment
Microeconomics: The Branch Of Economics That Deal With Human Behavior And Choices as They Relate To a Single Market Or Individual Or Industry
Expansionary Fiscal Policy: Increases in Government Expenditures and Or Decreases In Taxes To Achieve Particular Economic Goal
Recessionary Gap: Real GDP Less Than Natural Real GDP And Unemployment Rate Is Greater Than Natural Unemployment Rate
Natural Unemployment Rate: Real GDP That Is Produced At The Natural Unemployment Rate.
Keynes Theory: Expansionary Fiscal Policy Will Close The Recessionary Gap
Macroeconomics
Across:5. | Tax Revenues Greater Than Government Expenditures | 7. | Satisfaction One Receives From A Good | 9. | Expansionary Fiscal Policy Will Close The Recessionary Gap | 11. | Real GDP Less Than Natural Real GDP And Unemployment Rate Is Greater Than Natural Unemployment Rate | 13. | Exports Minus Imports | 14. | Income Rises Demand Falls and Visa Versa | 16. | United States Money Supply is not backed by Gold. | 19. | Income Rises Demand Rises and Visa Versa |
| 21. | Most Highly Valued Opportunity or Alternative Forfeited When A Choice Is Made | 25. | Structural Unemployment and Frictional Unemployment | 27. | Reserves Minus Required Reserves | 29. | Above Equilibrium Price | 30. | The Sum of the Bank Deposit at the Fed and Vault Cash | 31. | Below Equilibrium Price | 33. | Real GDP That Is Produced At The Natural Unemployment Rate. |
| | Down:1. | Increases the Incentive to Engage in Work Relative to Leisure Long Run and Short Run Aggregate Supply Curve Increases Or Shifts Right | 2. | Supply Creates its Own Demand | 3. | Frictional And Structural And Natural | 4. | Price Increases then Quantity Increase and Prices Decreases then Quantity Decreases | 6. | A Government Mandated Minimum Price Below Which Legal Trades Cannot be Made | 8. | Personal Income Minus Personal Taxes | 10. | Can Cause The Money Supply To Rise And Fall Using 3 Major Tools | 12. | GDP That Is Higher Because Quantity Of Output Is Higher | 15. | Increases in Government Expenditures and Or Decreases In Taxes To Achieve Particular Economic Goal |
| 17. | Unemployed People Skills Do Not Match The Available Job Openings | 18. | The Branch of Economics that Deals With Human Behavior and Choices As It Relates to the Whole Market | 20. | People With Transferable Skills Leave Their Job To Move To Others. | 22. | A Government Mandated Maxmium Price Above Which Legal Trades Cannot Be made | 23. | Not Working Not Looking For Work In the Labor Force | 24. | Maximum Buying Price Minus Price Paid By Buyer Producer Surplus Price Received Minus Minimum Selling Price | 26. | Marginal Benefits Equal Marginal Costs | 28. | The Branch Of Economics That Deal With Human Behavior And Choices as They Relate To a Single Market Or Individual Or Industry | 32. | Annual Production Of Total Market Value of Final Goods and Services |
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Macroeconomics
Across:5. | Tax Revenues Greater Than Government Expenditures | 7. | Satisfaction One Receives From A Good | 9. | Expansionary Fiscal Policy Will Close The Recessionary Gap | 11. | Real GDP Less Than Natural Real GDP And Unemployment Rate Is Greater Than Natural Unemployment Rate | 13. | Exports Minus Imports | 14. | Income Rises Demand Falls and Visa Versa | 16. | United States Money Supply is not backed by Gold. | 19. | Income Rises Demand Rises and Visa Versa |
| 21. | Most Highly Valued Opportunity or Alternative Forfeited When A Choice Is Made | 25. | Structural Unemployment and Frictional Unemployment | 27. | Reserves Minus Required Reserves | 29. | Above Equilibrium Price | 30. | The Sum of the Bank Deposit at the Fed and Vault Cash | 31. | Below Equilibrium Price | 33. | Real GDP That Is Produced At The Natural Unemployment Rate. |
| | Down:1. | Increases the Incentive to Engage in Work Relative to Leisure Long Run and Short Run Aggregate Supply Curve Increases Or Shifts Right | 2. | Supply Creates its Own Demand | 3. | Frictional And Structural And Natural | 4. | Price Increases then Quantity Increase and Prices Decreases then Quantity Decreases | 6. | A Government Mandated Minimum Price Below Which Legal Trades Cannot be Made | 8. | Personal Income Minus Personal Taxes | 10. | Can Cause The Money Supply To Rise And Fall Using 3 Major Tools | 12. | GDP That Is Higher Because Quantity Of Output Is Higher | 15. | Increases in Government Expenditures and Or Decreases In Taxes To Achieve Particular Economic Goal |
| 17. | Unemployed People Skills Do Not Match The Available Job Openings | 18. | The Branch of Economics that Deals With Human Behavior and Choices As It Relates to the Whole Market | 20. | People With Transferable Skills Leave Their Job To Move To Others. | 22. | A Government Mandated Maxmium Price Above Which Legal Trades Cannot Be made | 23. | Not Working Not Looking For Work In the Labor Force | 24. | Maximum Buying Price Minus Price Paid By Buyer Producer Surplus Price Received Minus Minimum Selling Price | 26. | Marginal Benefits Equal Marginal Costs | 28. | The Branch Of Economics That Deal With Human Behavior And Choices as They Relate To a Single Market Or Individual Or Industry | 32. | Annual Production Of Total Market Value of Final Goods and Services |
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© 2013
PuzzleFast.com, Noncommercial Use Only