When the economy is experiencing an expansion, automatic stabilizers will cause:

The M1 money supply is equal to: (Answer to the nearest whole number; no decimals please)

In the definition of money supply, where do credit cards belong?

The English economist William Stanley Jevons described a world tour during the 1880s by a French​ singer, Mademoiselle Zelie. One stop on the tour was a theater in the Society​ Islands, part of French Polynesia in the South Pacific. She performed for her usual​ fee, which was​ one-third of the receipts. This turned out to be three​ pigs, 23​ turkeys, 44​ chickens, 5000​ coconuts, and​ “considerable quantities of​ bananas, lemons, and​ oranges.” She estimated that all of this would have had a value in France of 4000 francs. According to​ Jevons, “as Mademoiselle could not consume any considerable portion of the receipts​ herself, it became necessary in the meantime to feed the pigs and poultry with the​ fruit.”   (​Source: W. Stanley Jevons​, Money and the Mechanism of Exchange​, New​ York: D. Appleton and​ Company, 1889, pp.​ 1-2.) Do the goods Mademoiselle Zelie received as payment fulfill the three functions of money?  

Consider the figures below. Determine which combination of fiscal policies shifted AD1 to AD2 in each figure and returned the economy to​ long-run macroeconomic equilibrium.  

Which one of the following is NOT one of the monetary policy goals of the Fed?

How would a higher desired reserve ratio impact money creation? A higher desired reserve ratio _______, which _______ the quantity of loans that banks can make and the quantity of money created. 

The top table describes an economy’s labor market and the bottom table describes its production function. What is potential GDP?  

At the end of 2021, a country’s national debt was $750 billion. In 2022, the government spent $150 billion and ended the year with a debt of $795 billion. How much did the government receive in tax revenues in 2022? The government received $_____ billion in tax revenues in 2022.

The table provides some data on real GDP and the population of Candyland in 1997 and 1998. What is the growth rate of real GDP in Candyland in 1998?  The growth rate is ___ %.