There are two policy tools that can be used to fine tune the economy and achieve macro economics goals of low inflation, low unemployment and economic growth.  These tools are entitled fiscal policy and monetary policy.  Mark all items that apply to fiscal policy.

True or False.  Barter involves the direct exchange of a good or service for another, with the use of money.

By raising or lowering the ______, the Fed changes the cost of money for banks, which impacts the incentive to borrow reserves.

Printers laid off due to drop in demand for printed catalogues and flyers as firms go the internet to promote an advertise their products.  What type of unemployment occurred?

An increase in supply and decrease in demand results in

There are two policy tools that can be used to fine tune the economy and achieve macro economics goals of low inflation, low unemployment and economic growth.  These tools are entitled fiscal policy and monetary policy.  Mark all items that apply to fiscal policy.

The current population survey reports on:

Increase in the price of crude oil, increases or decreases the supply of gasoline?

What type of laws or tools lead to an point inside the production possibilities frontier?

Match the words to the correct definitions: