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More cards in this set
Card 6
Front
Why is a positive balance of payments desirable?
Back
Card 7
Front
What is excess demand?
Back
Card 8
Front
Which 3 policies does the government use to achieve its four main objectives?
Back
Card 9
Front
What happens when national income increases?
Back
Card 10
Front
What happens when national income inecreases?
Back
Card 11
Front
What happens when national income decreases?
Back
Card 12
Front
What is a contractionary policy?
Back
Card 13
Front
What is an expansionary policy?
Back
Card 14
Front
What are the features of a contractionary policy?
Back
Card 15
Front
What is an expansionary policy?
Back
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