Any diversion of income from the domestic spending stream; includes savings, taxes, and imports
According to “Last Word: Less Than Zero,” when the European…
According to “Last Word: Less Than Zero,” when the European Central Bank sent its federal funds rate below zero, it was trying to force banks to
The number of Federal Reserve Banks in the United States tot…
The number of Federal Reserve Banks in the United States totals
The property whereby the benefit from an extra unit of an in…
The property whereby the benefit from an extra unit of an input declines as the quantity of the input increases
According to “Last Word: Extend and Pretend,” during a finan…
According to “Last Word: Extend and Pretend,” during a financial crisis, the FED makes loans to firms that can post
The amount by which output in the short run exceeds the econ…
The amount by which output in the short run exceeds the economy’s potential output
According to “Last Word: Extend and Pretend,” during a finan…
According to “Last Word: Extend and Pretend,” during a financial crisis, the FED makes loans to firms that can post
According to the headline is last week’s Times of London, in…
According to the headline is last week’s Times of London, inflation had fallen to
The amount by which output in the short run exceeds the econ…
The amount by which output in the short run exceeds the economy’s potential output
The percentage of the adult population that is in the labor…
The percentage of the adult population that is in the labor force: