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EXAM 2
Chapters 4 - 7
4
Economics
Graduate
10/25/2009

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Cards

Term
MACROECONOMICS
Definition
THE STUDY OF THE OPERATION OF THE E AS A WHOLE
Term
EMP ACT OF 1964
Definition
LEGIS GIVING FED GOVT RIGHT/RESPONSIBILITY TO PROVIDE AN ENV FOR ACHIEVEMENT OF FULL EMP, FULL PRODUCTION, STABLE PRICES
Term
3 GOALS OF MACROE
Definition
1. FULL EMPLOYMENT
2. STABLE PRICES
3. FULL PRODUCTION & ECONOMIC GROWTH
Term
3 PROBLEMS OF MACROE
Definition
1. UNEMPLOYMENT
2. INFLATION
3. FALLING PRODUCTION
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