More cards in this set

Card 16

Front

A value statement that can be tested and proven correct or incorrect

Back

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Card 17

Front

Increasing the National Minimum Wage will increase give rise to what?

Back

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Card 18

Front

Removing regulations is an example of what macro policy

Back

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Card 19

Front

A downturn in the economy may result in this type of unemployment

Back

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Card 20

Front

Inflation caused by increases in raw material prices

Back

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Card 21

Front

The fiscal policy approach to cure demand pull inflation

Back

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Card 22

Front

A potential problem of Aggregate Demand Management policies

Back

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Card 23

Front

The loss incurred when at the market rather than the social output level

Back

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Card 24

Front

The cost incurred by the third party

Back

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Card 25

Front

When demand increases how is supply impacted?

Back

Preview of the front of card 25