macro economics
- Created by: amit
- Created on: 21-04-15 21:22
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Clues
- A decrease in the money supply leads to a _____ equilibrium value of ______ (6, 1)
- A decrease in the official value of a currency in a fixed-exchange-rate system is called a(n): (11)
- A situation of negative inflation is called: (9)
- An increase in money demand caused by an increase in income ______ the LM curve (6, 1, 8, 5)
- An increase in the value of a currency relative to other currencies is called a(n): (12)
- If the actual reserve/deposit ratio equals 8% and the desired reserve/deposit ratio for this bank is 10%, the bank should: (4, 6, 5)
- People who enjoy high standards of living usually have all of the following EXCEPT: (7, 4, 8)
- People who would like to work full time, but are able to find only part-time work are officially counted as: (8)
- The measure of the cost of a standard basket of goods and services in any period relative to the cost of the same basket of goods and services in the base year is called the: (8, 5, 5)
- The tendency of changes in asset prices to affect spending on consumption goods is called the _____ effect. (6)
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