What is the GDP deflator, and how is it used?
An inflationary gap occurs when:
An inflationary gap occurs when:
How is GDP per capita calculated?
How is GDP per capita calculated?
What is the likely effect on the market for loanable funds i…
What is the likely effect on the market for loanable funds if there is a rise in household confidence, leading to an increase in household savings?
What is labor productivity?
What is labor productivity?
What happens to the equilibrium interest rate if the demand…
What happens to the equilibrium interest rate if the demand for loanable funds increases, assuming the supply remains constant?
What is a common feature of financial crises?
What is a common feature of financial crises?
What happens to a bank’s deposits when the bank fails and is…
What happens to a bank’s deposits when the bank fails and is taken over by the government?
If the money supply is constant and the demand for money inc…
If the money supply is constant and the demand for money increases, what will happen to interest rates?
Monetary policy aims to:
Monetary policy aims to: