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ECO 101 test 4 Study Guide - Passive policymaking Active...

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ECO 101 - Test 4 Study Guide Money multiplier Phillips curve Fiat money Per capita real GDP Political freedom Economic freedom Portfolio investment Foreign direct investment Income statement Balance sheet Cash flow Net worth World Bank International Monetary Fund Taylor Rule Rational Expectations Sweep Accounts Recessionary gap Inflationary gap Equation of exchange & Formula Ben Bernanke Velocity of money Purchasing power of money Trading desk Open market operations
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Unformatted text preview: Passive policymaking Active policy making Discretionary policymaking nondiscretionary policy making Prime Rate Federal Funds Rate Discount rate NAIRU Natural rate of unemployment Sticky prices Sticky wages Menu costs Dead capital Required reserve Legal reserve Excess reserve Economic growth Official mission of the World Bank Federal Open Market Committee New Keynesian economists...
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